Anyone know what happen to the money if the owner die? How can the owner make sure his beneficial get the money?

Is StashAway Simple capital guaranteed?

Want to ask some opinion here. I plan to move some fund into SA, is it better to DCA over a few weeks/months or just put them in lump sum?

Thanks for the advice. I never intended to treat it like a trading platform, my plan is to DCA investing for 12-20 years and after that take ~0.5% every month out as part of my retirement fund while keeping the rest inside to roll.

If the portfolio can have averagely more than 6% returns a year, wouldn't it mean the fund will never runs out?

Sorry I'm confused. Isn't 0.5% return equals to 0.5% of available sum of fund?

My first deposit took almost 1 week so I guess it's normal.

Do you know any roboadvisor platform that went bankrupt before? What happened to the funds?

Zero affiliate links doesn't mean unbiased. SA is his competitor hence it makes sense for him to not use/promote it and hence no affiliate links.

I'm curious. Do you DCA consistently all these while or just lumpsum when it started?

Sorry if I missed it but what is your TWR now?

Time Weighted Returns
- Percentage of your portfolio's return regardless of your invested amount and time, since your 1st deposit.

Example 1: You invest in Share A at price of RM1, 1 year later it becomes RM1.20, your TWR is 20%.

Money Weighted Returns
- Percentage of your return based on your invested money.

Example 1b: You invest RM100 in Share A at a price of RM1, 1 year later it becomes RM1.20, your MWR is 20%.
Example 2b: You invest RM50 in Share A at a price of RM1, half year later it drops to RM0.80 and you invest another RM50. Another half year later, it becomes RM1.20. Your MWR would be 30%. (RM30 profit from RM100 total invest)

The TWR in all 3 examples are 20%. But the MWR in example 1b and 2b are different due to the timing of your invest.

In short, MWR is your actual returns in monetary terms. TWR is usually used to judge the performance of the portfolio/fund.

Ya... and they should have a unique transaction id sent from SA to Curlec so no matter how many retry attempts the id remains the same hence prevent the duplication no matter what happens between SA and Curlec.

Even if their corrective action include this, it's still quite surprising a Fintech do not have this in the first place...

I suppose the 1000+ is the number of affected clients, who had auto debit scheduled on that day. So including those scheduled on other days of month and those who don't do auto debit, I'm guessing their clients should be at least 30x more.

I did a Jompay deposit last night, the money still not in my SA as of now.

Even with DCA we'll not constantly buying gold at high price. The fresh fund will go into rebalancing aka buying the under-performed assets in the portfolio. In my 36% portfolio case, the fresh fund will go into global reits.

Ya this is SA concept of investing. By maintaining same level of risk in a portfolio and let it grow passively due to the 'increasing of money into market'. And by doing constant DCA, due to rebalancing, our fund will always buy least performed assets in a portfolio, optimizing our MWR in the long run.

This is what I do. I setup an excel, calculate the expected TWR of my portfolio each month. At the beginning of each month when I want to deposit, I'll compare the actual TWR with the expected TWR, if the TWR is lower by a certain percentage, I'll do additional deposit.

Actually this is just my way, might not be the best way and I'm sure others have their own way of doing it.

This is what I do:
Every month I set aside certain fresh fund for SA. (In this example I'll use RM1000)
I will split the RM1000 into RM750 and RM250.
The RM750 will go into my 36% portfolio regardless of the TWR.
If the TWR is less than expected TWR, the RM250 will be deposited into the portfolio, making the deposit full RM1000.
If the TWR is more than expected TWR, the RM250 will be parked into some highly liquid and stable fund (like Simple or SSPN).
If the TWR is a lot lower than expected TWR (10% lower than expected), deposit additional fund from the stable fund.

The expected TWR is taken from SA (in 36% portfolio their expected annual ROI is 12.8%). This is roughly equals to 1% ROI per month.

In my opinion, if you're going to take out the whole fund soon, it's better to turn down the risk as low as possible.

But if you're treating it as a passive income source, aka only going to take out the cash portion (<1%) of the portfolio periodically after the fund 'matured', then it's ok to stick to highest risk.

Historically higher risk generates higher return averagely in the long run. But due to the higher volatility, some people might not take it and 'cut loss' when it swings down, making them always buy high sell low. That's why SA recommend people to take enough risk according to own 'risk appetite'.