Wast thinking of signing up, anyone can provide referral code? Thanks!

But don't forget to keep some aside for emergency fund and not tie up all your money in investment.
You can put aside the money in some FD to gain a bit more interest, but it should be easily accessible.

I do smaller amount weekly. But up to you.

My portfolio:
36% risk: -7.04%
22% risk: -8.83%


This post has been edited by jonoave: Mar 11 2020, 04:29 PM

With markets dropping, now is a good time to enter and start DCA.

This is my plan too. Might slow down DCA a little bit to spread out the cash and pump a bit more when it continues to drop lower.

I really don't get it - isn't it the best time to invest now? Buy low, sell high - that's the saying right.

Buying now is red, but you'll stand to gain more when the markets bounce back. Who know is OP's wife can even make higher gains than OP later.

I also subscribe to this thinking. That's why I'm willing to spend some money to travel etc. I know some people will say "oh we want to save up money so when we retire we can travel around the world".
But personally I feel that:
1. travel is exhausting. How much can you travel can you spend or cram within one period? Do you plan to travel or take vacation every month when you retire?
2. Age. Like I said, travel can be exhausting - all the walking around, sight-seeing and navigating in unfamiliar environments. Even now I can feel my stamina is not what it was when I was in my early 20s. I probably wouldn't have that much stamina to do long travels when I'm much older.

Of course when I travel I try to keep a decent budget and not do shopping or fashion holidays. I also try to save for retirement but I see life as a journey, and we shouldn't focus so much on that end goal of "golden age of retirement' to enjoy life. But like you said, some people think differently and their priority is focused on achieving their target at the end.

Lol, pretty same here. I have 2 porfolios with the same risk and similar ratio.

Only difference is that my 36% portfolio is doing slightly better.

Strange. It's usually 2 days for me. Never went beyond 3 or even 4 days. I usually top up every week. Received next day, purchase shows up in portfolio the following day.

II'm not sure if it's the same with the poster above, but I also have 2 portfolio. One at 22% (suggested risk) for long-term retirement.
Another is my manual portfolio with higher risk 36%.

Each time I DCA 2/3 to to 22% and 1/3 to the 36%. The 36% porfolio for me is flexible, and depending on market/mood might top up more or less. So far I've been topping up mostly consistent.
If profit high, might also withdraw some to lock in profit.

Right now my 36% is doing quite well, which lead me to think whether I should withdraw some to lock in some profits first.

Similar to mine. I had 2 referrals, the 2nd referral promo was added about 1.5 months after the first one, and they run concurrently. So in the end i got about 7.5 months from 2 referrals.

Well it's already free management fees, so I'm not sure how they can stack. What, they're gonna give me money instead?

And the promotions are identical, there is no "higher".

Lol, almost same as me. I have both Retirement (22%) and General Investing (36%).
The latter has no specific timeline.

I've started browsing a subreddit for personal finance in Europe and it's interesting to see the stark contrast of the attitude there.

Seems like there the mindset is DCA only if you have a short time period or limited funds.

If you have a long investment period and a lot of money, go lump sum if you believe your investment is good cos the market generally go up. Regardless if there is up or down, long run you'll still earn more from lump sum than DCA.

Yeah personally my thinking is more aligned to DCA and like you, for peace of mind cos I don't have so much money and so far I've always tended to start investing when the market is quite high (though I did try to top-up a bit more when it dips). And also yeah for peace of mind.

It's just interesting for me to see the aggressive mindset of the Europeans. Or maybe it's just a small subset since it's a group of people who are really keen on personal finance and investing. I would like to start investing there, and I've no idea how since I don't speak the local language well that's why I'm trying to browse the reddit to learn a bit.

They had promotion I think last year in April if you activate Regular Savings Plan with them they will waive subscription fee for as long as RSP is active..

Previoulsy I just put in money whenever (back then I think minimum is RM1 k per deposit), but that sounded like a really so I activated RSP at a lower rate.

You can change the risk level, and that is essentially realising your losess/profits since Stashaway will change the weightage of the funds in that portfolio to the new risk level. E.g you have 40% in equity funds in Portfolio A with 30% risk, then now you change it to 20% risk, so Stashaway will sell of the equity funds to say, make it 20% and buy more fixed income funds.

A better way is to create several portfolios with different risk levels instead: e.g. 22% and 36%. Stasahway is essentially build to avoid timing the market or reactin in panic (by changing the risk levels often), so if you do that better you do manual investment in stocks or mutual funds.

Could be due to the Raya Holidays.

how though? Shouldn't single account vs several accounts should have the same total return if the incoming funds and profit rates are identical?

E.g.
1 account of RM10 k with RM100/month, vs
2 accounts of RM5k with RM50/month to both accounts

Assuming the same profit rate, wouldn't the final returns be identical?

This post has been edited by jonoave: May 26 2021, 09:03 PM

Good point. it might be semantics, but that is not what the other poster stated with "giving better returns".