just started stashaway on last thurs
and the fund just updated in my portfolio. But my assets still remain as 0.00% (could be still in process?)

But already have lost 0.11% from initial deposit, this is for the 0.1% currency conversion fee, right?

yup, it took me 3 working days, and my value already dropped by 0.11% on T+2, then 0.18% on T+3. I gave a call to SA, they said it is currency exchange value...

no, i am talking about the investment portfolio, not the Simple

quite a long video, but when he talks negatively on other users reviewing on their experience, i seriously got turned off.
But some points sort of valid.
robo-advisor is not a sure win platform.
robo-advisor doesn't provide human touch to customer, but then, the agents i deal with don't either. So not much concern for me.
stashaway is relatively new without mass numbers of clients now, and may follow the same footstep of those apps that bankrupt before that (i am kind of worry on this to be frank, i can't see 10-20 years later, but then this may also happen to wealth management firm as well)

other points like robo-advisor doesn't bring as much return as what they claimed, and human advisors can do better, etc etc etc.

This post has been edited by gundamsp01: Jul 19 2020, 01:31 AM

it is a long term investment as per advertised, you need at least 5 years and above only see result, as you are investing on ETF, not speculating on specific stock.
and on annualized basis, it should be around 8% - 10% on average.

This post has been edited by gundamsp01: Jul 20 2020, 09:02 PM

how many days?

i have 18%, 26%, 36%

18 is the main while 26 and 36 just a small amt for a bet on higher return

alot of factors need to be considered.
the value during the ur assets being sold, the conversion rate after they receive the payment from selling ur assets.

even if SA stated that ur current value is 1007, it doesn't mean u can receive 1007 when it reaches ur acc

if i am not wrong, someone replied that he loss more than 30% from the point issue withdrawal order to the point he received the money

i am not sure how the situation happened but at least this prepared myself that there could be a possibility when i want to cash out later (as the whole process from selling to transfer into my account takes around 4 working days)

that means he requested for a withdrawal but due to low withdrawal request volume, SA has to wait till meet Saxo minimum amount, only then the withdrawal request can be processed?

btw gbp? how?

This post has been edited by gundamsp01: Jul 22 2020, 02:58 PM

that means it's time to pick up so cheap stock?

currently only have 2k worth of investment (start from mid jul), as waiting for market crash for some cheap stock

i am able to dca my current assets with more money pump in, anticipating end of july for the first crash and after US election

i have 2k invested in SA.
never intend to sell, want to keep for 20 years, that's why whenever there is bargain sale, will put in more, while for DCA for rest of the months with my scheduled purchase limit.

ratio...hmmm, put it this way, i have 3 months saving emergency fund and building towards 6 months, then will revise my monthly investment fund again.
I always have the thought that the money i put for investment are the money that i wouldn't feel pain if i lose it.

This post has been edited by gundamsp01: Jul 24 2020, 04:24 PM

somewhat you can. IMO.
only thing is you may not be the first coach of the train, but anyway still on the train nonetheless

This post has been edited by gundamsp01: Jul 24 2020, 08:35 PM

for q1 and q2, refer to stashaway FAQ
"What happens to my money if StashAway gets acquired, goes public, or closes?
Your money is kept entirely unmingled with StashAway's finances. To ensure that we never touch your money, we use custodian banks that hold your money, whether it's in cash or in securities.

StashAway has made it a top priority to work with global, reputable banks for these purposes. Our custodian bank for receiving your deposits is Citibank Berhad, while Saxo Capital Markets Pte Ltd is our custodian for your investible cash and securities.

In these custodian institutions, your assets are always in a segregated account-- one that is separate from StashAway's operations and assets. This means that you will always have full access and claim to your assets no matter what happens to StashAway."

for q3 and q4, really depends on your risk appetite, if you can stomach the the fluctuation of the market, then you can put more.
my general rule is that have a bucket of emergency fund (3 - 6 months), then allocate the amount which you think is not needed/will not feel pain if total loss, into investment.

no, what i mean is the market crashes, and take time to recover. Let say if invest RM10k in it at the peak of the market, and then, market crashes, and you have a negative return for quite some time with no light on when the market will recover.

Can you stomach this situation? If yes, you can put in more, because in a long run, the market is always uptrend, regardless of the ups and downs in between. If no, then put less.

you can watch this video on the comparison between DCA and time the market (lump sum)

I think you have to open the account with the referral link, not after you open the account
this is the statement on stashaway for the referral link
"Make sure they sign up with your unique referral link so that you both get free investing"

shouldn't you all delete the auto debit instruction in your stashaway acc until they resolve the current system issue?