Does anyone know if Stashaway deposits can be made using credit cards via JomPay? It seems like its possible under my internet banking page, but I've never tried it.

Damn, the market is surging a bit. Luckily I bought some two weeks ago. But my risk index is just 18%.

MWR: 7.57%
TWR: -0.57%

Should have just all in at 36%

Yeah. I plan to adjust after I observe the market and coronavirus cases in the weekend. If there is further evidence of plateauing of cases in Europe and the US. I'll raise the risk index and pump in a bit more.

Sunk more money in SA and raised my risk index.

Wanna break my usual DCA rule a bit since I have a bit of saving from not going out all the time due to the MCO.

Hope I can make a small fortune out of this

The US markets are performing much better than I thought lol

My TWRR: 3.86% while MWRR: 13.95%

I don't know if I want to top up a bit. Europe VGK is still not so good.

For mine. Its 30% risk index for from the higher risk portfolio. There is 55% US equities in here. Even higher than the 36% risk index, which has more even split between US and International Equities

30% risk index



36% risk index

Oof, I just started a 36% portfolio alongside my current 22% with just a few hundred RM to see how volatile it looks.

Already starting to lose a bit kek

The SA country manager of Malaysia has about RM 70k in his own SA account lol. And he too has some money in the 36% portfolio

I hope not only lol. Maybe he is also investing directly in the stock markets

Well, there is no way to truly verify. But he seems nonchalant about showing an account under his name as a demonstration on how to use SA in a recent webninar. I have no reason to distrust him, so....

Have two portfolios. One in 22% and the other in 36%. My main one is the 22% one and most of my money is there, while the 36% one is mostly for fun to see how volatile things can get. So far, the 22% one is faring a bit better with TWRR at 5.20% while the 36% is at 4.55%.

Generally, which risk index would depend on your goals. If you aim to invest in long-term (i.e. 5 - 10+ years), then risky portfolios may be better. Mainly coz of a chance to get a higher return while having plenty of time to recover from losses if you have any.

If you need the money on a shorter term basis, go for safer ones (<18% risk index). Less of a chance of losing capital.

Don't worry if you don't know anything about investing. The beauty about StashAway is you don't need to know much about investing to earn satisfactory return. Just choose a risk level that you're comfortable with, deposit on a periodic basis (once a month or so) and relax.

This post has been edited by Eurobeater: Jun 5 2020, 11:24 PM

I kinda see this as a good thing. It means that the managers are hedging against another risk event. Negative correlation so less risky overall

Portfolio is really surging now. The S&P 500 is almost back at its pre-COVID19 crash levels.

I just got the update. So far, I just see got extra video courses on investing with ETFs, but not much more.

Anyone happen to know what else the update had?

Oof, value dropping a bit. But still in the black so no big deal

Time to put in some more money lol

As far as I'm aware, they do not trade actively or take short positions. All they do is buy ETFs and hold for long periods of time. Some re-balancing probably to your portfolio if needed. Every now and then (Once per year), they will re-optimise your portfolio by buying new assets.

It seems cheaper to buy into the fund via SA. The annual expense ratio in the app is 0.165%, after rebates.

Anyway, just put in RM 500 to see how much I can make in a month and see how fast the withdrawal might take

Probably those annualised returns were when the OPR was higher. This year the OPR fell about 1.5% compared to last year anyway.

The long processing time is a slight issue. Esp when this one doesn't involve buying ETFs and hence shouldn't take so long

My thoughts exactly on the processing times. Since SA Simple involves buying units in a fund and not ETFs overseas, it shouldn't need to take longer than if you went to buy units directly in FSM.

Hopefully, they can shorten the deposit and withdrawal times significantly.