Which is why it is quite impossible to "time the market" through roboadvisors. Though if that's the case we hope you continue to keep placing buy orders to make it go up

Got the reoptimization too. Doesn't that mean the existing Europe and US equities that are currently at a loss will be locked in once sold, and on to buying gold that are already at the highs. There's a reduction in government bonds to allocate more to corporate bonds too. Kind of sounds like sell low to buy high?

Might be a good time to enter China's tech this time around. But US healthcare weightage got reduced and US Tech got removed completely nonetheless. Not too confident about this move. If only stashaway allows more customization.

This post has been edited by Murasaki322: May 14 2020, 10:35 AM

Generally

Is it a good time to invest?
Hell yeah it's better to start now than later.

Is it a good time to withdraw?
Hell no think long term, trust the ERAA® (Economic Regime-based Asset Allocation), based on past 10 years there will always be growth in longer terms and also dollar cost averaging.

Planning to move once there's no more free management fee promos.. if you buy the ETFs yourself via international brokerages, the expense ratio is actually quite low. But you gotta do your homework first. Otherwise leave 1000 in stashaway and copy buy the percentage allocation in the portfolio?

After 1 year, the fees to pay is like
48k*0.008/12= RM32 per month

Of course being transparent and upfront! Time to get more referrals rolling for the fees waiver!

Stashaway vs ETF via broker
https://www.reddit.com/r/MalaysianPF/commen...away_vs_dca_in/

albeit some info and calculation are not so accurate, what's your view?
Small to moderate capital - stashaway, high capital and free time - diy?

all my dividends are used to pay management fees lmao, sometimes more
capital gains are what's important

Probably market has little movement or majority downward trend. The real test of investing begins. All patience without much chance to showoff returns.

This post has been edited by Murasaki322: May 7 2021, 01:21 AM

kinda have mixed feelings on your statement haha

Mind sharing where you read the T&C, or the T&C itself?

Thank you. I already read that, was hoping to get a full T&C statement from stashaway rather of a promotional socmed post.

Anyways will check next month statement to confirm.

This post has been edited by Murasaki322: Jun 26 2021, 11:06 PM

Check your statements. 100% of management fees in my portfolio consisting of old and new funds in July were waived.

Short promotional Facebook posts aren't T&C.

Stashaway's fee is a multiplier of your total deposits right?

Which means they aren't incentivized to select assets that perform. They are only inclined to grab more asset under management. Bring in more new users to deposit and get existing users to deposit more. That being said, they are still incentivized to minimize risks to prevent AUM value drawdown for fees as their revenue.

The portfolios aren't design with priority to generate gains, but emphasizes risk management, hence the diverse holdings of ETFs that are already diversified by nature.

I chose Stashaway because of its lowest fees among competitors, tried MyTHEO too. I learnt piece by piece about investing because of Stashaway, and coincidently rode on their best years of gains in 2018-2020. Once I realized I'm skilled enough to DIY, I slowly pulled out of Stashaway in 2021 with ~30% gains eroded into ~20%.

It's been a good journey for me to go from a beginner to intermediate investor by gaining experience and knowledge through Stashaway. If you are going to use Stashaway, decide for yourself whether it suits you or not at your present circumstance. It's not about KWEB or ARKK or XLE or XLK or SPY or IVV. It is about your current needs and what service meets your needs. Be a wise consumer, understand the facts and do what's best for yourself.

Suddenly this thread become so active eh. Truth is, the rebalance to sell off KWEB is simply with the objective of risk reduction. Why?

Stashaway earns money from a % of total assets under management. Holding KWEB for many users as it drops reduces total asset value, which means less $ earned by Stashaway. They are simply preventing their revenue stream from further shrinking by managing risk profile of total asset value, and reduce downside of assets from users who are completely NEW to keep them in. For existing users who had their portfolio hammered in the past year, it is nothing personal, just a business move to keep feeding Stashaway employees and company shareholders.

Stashaway is not AI
Stashaway is not ML
Stashaway is not crystal ball
Stashaway is not get rich scheme

Stashaway is a profit-based business. And such businesses exist with the sole objective of making profits off customers. ERAA or whatever bells and whistles are simply sales & marketing to grab attention. Portfolio re-allocation ON TIME with macroeconomic factors takes tons of knowledge, experience, data and analytical skills. If someone could do it >50% accurately, they won't be charging just 0.8% of total asset value.

This post has been edited by Murasaki322: Mar 15 2022, 12:11 AM