Recent processing time for me:

deposit a few Ks last Friday (26 Feb) via Jompay, reflected in SA account on Monday (1 March), currency conversion and buy order completed same day (1 March)

After 12pm.

I wouldn't call it beginner-friendly, but it's very user friendly. Setup is easy, adjusting risk easy, withdrawal/deposit easy.

Problem is that it's TOO easy to a newbie in investing who doesn't understand ETFs, they might think high risk index = high rate of earning, then panic when on bad days in market their deposited money loses value. Or itchy finger go and play with risk index, and lose money through the constant sell/buy that occurs during risk index changes.

In fact I would say to beginners, they can sign up first, but before deposit any money, go to the Academy section, go to "View All courses", then watch the Basics and/or Immediate courses.







SA does give a pretty good video course on investing basics and on investing with ETFs (although they bias a bit to promote ETFs).

I would say that don't expect super high earnings with SA the way that you might get with direct trading in shares etc. because SA is designed for medium to long term, so they diversify a lot. Means minimised risk but also potentially lower gains.



This post has been edited by DragonReine: Mar 4 2021, 06:29 PM

😱 gotta admire that dedication I see also pening haha

let us know what your findings are!

🤣 SA investing videos themselves say, it's not uncommon for high and low days to be next to each other.

Timing is already difficult to get with an app that has processing delays like SA

Cos need conversion to USD and deposit in trust account mah

even online brokers for "direct" trading also not always instant plash speed

This post has been edited by DragonReine: Mar 5 2021, 04:11 PM

I recall got quite dramatic dip in portfolio for March 2020 🤣

The delay between investor putting in money and SA executing buy order means that any 'buy the dip' attempts are always going to be a gamble. There's always going to be a possibility that the day you buy will be a 'high' day and you'll lose out.

If anyone want to attempt that, be aware of the risks involved, don't be too attached to the money.

🤣 my scheduled injection is tomorrow, see how things go, whether I get lau sai price or if price make me lau sai

This post has been edited by DragonReine: Mar 9 2021, 07:00 PM

Shud b ok if you choose the 6.5% since mostly dividend paying bonds and fixed income ETFs. Equity and gold less than 25% weight so exposure is very low.

not a lot of gains but losses are minimal

Go to Transactions > click "Account Transactions" at very top > select the portfolio you wish to check > click "Buy Order"/"Sell Order" to see breakdown of which ETFs get what amount

30% of my SAMY investments are in simple.

StashAway Simple is a Money Market Fund, basically a form of unit trust that invests in "safe" places like fixed deposits. It's a way of reaping the benefits of fixed deposit safety (unlikely to lose money) without being tied down to the long tenure of fixed deposits.

Yes, the allocation will be depending on what you choose to allocate when you setup the instruction to do a deposit.

(making assumption here that you're very new to investing)

Ask yourself these questions first:

1) Do you have a healthy amount of emergency fund saved? By emergency fund it means at least 3 months worth of money needed to cover basic expenses (rent, loans, bills like electricity and phone, food, petrol/traveling costs). If you have zero emergency funds please don't invest yet, or only put money into StashAway Simple.

2) If you already have emergency fund saved, then allocate a set amount from your monthly budget based on how much you'd like to continue to put into emergency funds (3 months is an okay cushion, but having 6 or 12 months is better in worst case when you suddenly lose job and can't get new one so easily) and then put any excess into investments. DO NOT TAKE LOAN TO TRY AND INVEST. The wise long term strategy is only invest what you can afford. No investment in the world will be able to easily cover personal loan/credit card debt interest rates unless you damn lucky.

3) StashAway will quiz you when you first set up account about your wealth+liabilities and your earnings+spending habits before giving you available risk profiles. Depending on your answers they might lock you out of high risk.

4) Risk is a very personal question and depends both on your personality and on how long you able to wait before investing. Are you willing to wait for decades before cashing in? Then you can weather the volatility of high risk, but remember high risk not guaranteed will give high returns. If volatility makes you panic and regret in investing, then you cannot take too high risk even if you're able to wait long term.

I suggest you check back my post here and watch the SA academy videos first before deciding: https://forum.lowyat.net/index.php?showtopi...ost&p=100187434

This post has been edited by DragonReine: Mar 10 2021, 07:36 PM

Based on my experience on dividends payouts that's not entirely how SA Simple seems to work? They do seem to calculate daily similar to how conditional high yield accounts work. I had one month where I kept RM10k for 14 days and then withdraw RM8k, leaving RM2k for remainder of the month. The dividends for that month is noticeably higher than the next month which remained at RM2k for the whole month.

Ah, you're right, I stand corrected then 🤣

DCA weekly simply means your buy high vs buy low difference averages more Do whichever feels comfortable to you. Difference is not so obvious in medium to long term.

😅 Different level of omniscience already haha

ultimately still depends on your comfort level la, if you want to time dip then do it smartly, but if you don't have time to calculate and watch market then DCA

investment isn't a race of who gets 1st place, it's a journey to get to your personal goal, and each person should go at a rate and pacr that's comfortable to them, no point panic and try to run to keep up, then lose steam and regret later

in my side, just got conversion order, oof @ the conversion rate, not as "bad" as in April 2020 but can see MYR weakened over

36% SRI buy order. Still heavy KWEB but not as drastic as others post?

Probably depends on how much you deposit. I notice they distribute differently depending on the overall deposit, because of how the weightage works, they'll prioritize the sectors that have highest difference between target weight and current weight first. So if you put in RM100 and say, KWEB right now is around RM80 short to reach target weightage %, they'll put in heavier buy order in KWEB.

(reminder also that all portfolios keep around 1% of portfolio in cash so your total buy orders of your deposits will not utilise the full amount of the deposit)

My case because it's several thousand ringgit deposit, all the ETFs involved in the portfolio fall short of target weightage after including the cash amount in the portfolio

"50,00"?

this typo of what figure? 🤣 RM50k or 5k or 50.00? LMFAO