Well, I transferred the entirety of my high risk portfolio into this Simple. And then am planning to DCA back again into it the coming few months. It's a sizeable chunk for me, definitely less than 100k, but I'm not sure what you mean by substantial. The transfer was done on 16 June, and I'm seeing very very minute returns. Like single digit (absolute value, not percentage), which makes sense, considering the projected rate and prorates

This post has been edited by 000022: Jun 27 2020, 11:19 AM

I see. How about the rest of ur portfolio? or u only have high risk?

Guys, just for a point of discussion. Can a Malaysian have two stashaway accounts under the same name?

As in one in MY and the other in SG

yeah, I have both..

What if I don't have a residence in SG but I have a bank account in SG?

I keep a 8% portfolio as well, which i’m still regularly depositing into monthly. I’m partial to more government and company bonds now

If u have 100k, why not direct invest in us share or etf more low commission compare to SA?

in the same apps have MY & SG account?
or need separate account/email to have it ..

I having SG account … not MY at the moments...

saw someone asking … so just tumpeng

Same app. But new to log out, switch between sg and my in log in page..
Both different entity.

I used the same email and password for both my log in

Haha what's the optimal amoubt to self invest, i am not there yet at 100k.

Are you self investing?

thanks bro. mind to PM me referral code then? I try to create MY acc

For me, it's the convenience & safety because it's backed by SC, SA already figured out the allocation % for a well rounded portfolio, I don't need to mess around & waste my time on doing the allocation myself. I also wouldn't want to lum sum my 100k, SA makes it very easy for us to DCA a fixed amount. Besides 0.8% fees is not exactly high compare to other options imo. Our boys at SA gotta eat & put food on the table right, so I'm more than happy to support them, they are doing a great job. It's a win win. I would hate to see them going out of biz.

US shares I would have to buy from sites like IB or TDA, a bit troublesome la have to use Sg bank account, do instarem transfer & whatnot... I just don't feel safe putting a large amount on those sites, maybe I'll change my mind later down the road. I'd use them for trading & maybe hold a few stocks that I like.

600 per month and you let it sit there or transfer to SAMY portfolio?

rm1.6 for rm1.2k not too shabby tho

Salary in put 600, then weekly transfer out 150 into portfolio..
So this happens twice..

Sounds good. Will try next salary. Thanks for your sharing.

Put RM 600 into simple? Is transfer within portfolio happen immediately or also take time?

takes time 3 - 4 days from transfer to invested..

So what is the advantage of this Simple™ compared to conditional high yield saving account like OCBC 360?
If I got RM 100k to play with?

Ya, then will lost the interest of 3-4 days

better then bank account
that's wy better then nothing, plus the money will not been in my bank, can't spend