What about ASNB fixed price fund n epf (if over age 55)?

This post has been edited by yklooi: Jul 6 2020, 09:47 AM

ASNB is capital guaranteed. Not profit guaranteed.

historically for the past abt 30 yrs what is the minimum rate?
at what % chances of getting that rate?

on this argumentative subject...
even if has guaranteed returns....like chiangth posted "... it can't profit over inflation".
EPF like for example has...minimum rate...


This post has been edited by yklooi: Jul 6 2020, 10:42 AM

Even StashAway themselves never say confirm profit. Actually their app design is more ethical than say Wahed, StashAway let user choose risk, Wahed just ask how much profit ppl want over long term.

Wahed also is not as transparent or lacking of information. They do not have TWR or MWR. Can't really judge the performance of your portfolio if you DCA constantly. Still think StashAway by far is better.

This post has been edited by joshtlk1: Jul 6 2020, 12:30 PM

I agree with this, but i understand why they combined IJR especially with gold etf, they want to limit the downside in case of adverse event. But the bad thing is they also limit the upside but as a new company they might not be able survive the bad publicity of giving a really bad return if that happens. They did say for a given risk percentage there is 1 % chance of losing more than that in any given year, but still it could put off people from investing.

It is really a good thing in my opinion for never accepting the auto optimization which lead to me having 80++ % in US equity based on the previous iteration. Just to be clear i also have small percentage in the new iteration with KWEB ,gold,reit.

So you have 2 different portfolio with same risk index? One with optimization and one without?

True. For ASNB, although it is capital guranteeed, annual inflation shall render your monies with less value if there is no profit, albeit not losing any cent of your investment.

However, considering past trends, the profit is guaranteed to be around ~5% which would mean it is a good hedge againts inflation + profiting.

But at any given year PNB can always announce much lower dividends, as it is not guaranteee.

More like a safety net so if shit hits the fan, we won't be dragged down in losses I guess. It's a win win both for SAMY and us - their performance can be somewhat managed and our losses can be limited. Better a bit of profit than a bit of loss I guess?

sounds like, while trying the exposé, the author is trying to promote himself (or his business) as well

It seems like StashAway is hurting his bottom line. Those unit trusts he recommend like the CIMb-Principal macam got quite high fee also.

In short, StashAway is good, judging from his fear in the article.

Yes, that is correct. I have 2 different portfolio at 36% risk and both without optmization.

I have clarified with SA regarding this, they do not have a feature for optimization based on per portfolio basis, it is more towards per user basis.

The way i navigate through this is by rejecting optmisation whenever new iteration comes and then create a second portfolio. This new portfolio is with the new iteration. If i changed my mind later on, i can just transfer manually between the older iteration and the newer iteration. The older portfolio still exist if you reject the optimisation.

This post has been edited by backspace66: Jul 6 2020, 03:51 PM

Yes, trying to limit the downside but upside is being sacrificed, the only issue is people investing at the higher risk is already aware of the risk associated with it or in other words should be able to accept losses if a crash happens but then again bad publicity and put off potential client from investing.

Coincidentally I have also watched a vid of him providing 2 cents about SA. IMO, I do not think he "fears" SA, but he just states some caveat to address some misconception many people have about SA. There are articles about SA being "revolutionary", "banks should be scared" this and that. He is addressing to those who think SA is a very good platform to invest, and you know about so many people who think, wow SA so good thus low or no risk at all - which is the misconception ppl have, in evidence the cases he quoted in the article. People just tend to over-glorify SA.

In his conclusion, "The A.I. however, won’t guarantee, in any form or way, investors, the capability to beat the market day after day after day."

Of course not! Even the "God" of investment, Warren Buffet, can't beat the market sometimes. LOL. His statement although a big no-brainer, but people still need to be told that. Esp Malaysians. So many Malaysians generally invest in stocks using emotions than head. That is very dangerous.

So, people just need to know, all investment carry risk, and NO way an investment can guarantee you anything. Study, do research.

Many people chose SA is because it offers fuss-free investment and we do not need to do our own research on which funds to invest in. Or when we have so little to invest with surely we can't use a real fund manager.

I do not think SA would hurt his bottom line much because people who can afford a fund manager might not even consider SA - like youngsters who just started working.

Robo-advisor is just like our fund managers, heck, SA people ARE fund managers in a way. Not too big of a difference.

In the end, he is right. There are so many "influencers" who just promote for the sake of money, sadly alot of people buy into their words. So I just take CF Lieu's as advice and caveat. His sharings are actually very good and at least he has experience hands-on, compared to those influencers promoting SA.


https://www.youtube.com/watch?v=WSt37Lpiitc

This post has been edited by chiangth: Jul 6 2020, 04:48 PM

I agree with you. Also StashAway sells their ability to control losses within certain parameters compared to traditional unit trusts and other investment vehicles.

i think investment u need to first think how many risk u can stomach. i have known someone very steady when kalah money, they will like, they already know there is a risk to kalah everything, so why frust over it.

Like forex high risk high return, 1 year can get 100% return, but in split second can kalah everything.

Agree. The best portfolio is not one that gives the highest return, but its one that you can stomach, knowing you won't do anything crazy when shit happens

Yeah totally agreed. Is like u already commit this much and this risk, if loss that much like 36% risk, u wont feel anything, just like pinch. If i wan commit hgh risk high return, i maybe put 10% of my commitment for investment only, if lose 100% also is 10% only, if earn then earn 10% extra for my commitment also good. So now i also keep dc only, but separate into a few portfolio, with my core now is 26% risk. I think stashaway quite okay tat day drop nearly 20% but now climb back also. Nearly took out my investment but luckily i didnt becos i am
Unable to as i was offshore. Now i believe in keep calm stay invested.

Almost take out your investment. Kancheong also meyh haha

Lucky you did not and now let's ride the wave with us.

lol minimize loss ma 😂 worry kena drag down by covid but who knows covid getting worse but market go higher lol. Keep pumping money