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Not sure if I done it right, but tried sending a pull request under the username l4nc3k.

Monthly DCA still stuck at processing.. dunno whether the 'buy-in' time will be Friday (all time high) or today (probably gonna have quite a dip). Hoping to be today regardless.

Not too late.
When I registered I didn’t have a referral too. But i tried to PM a customer service and he was very kind to help me add in later on.
It was done within 3 days after account registration.

SAMY is typically slower than its SG counterpart. 2-3 days before it reflect in your account is very normal unfortunately.

If you think your money is better spent other places during this ETF bull-ish market and don't mind putting extra effort, you can consider value averaging (VCA) instead of dollar averaging (DCA). Both DCA/VCA approach is similar in the sense that you are confident the instrument you are buying WILL grow in the long run.

Personally I still opt to be consistently DCA into SAMY because I lazy

Hi dayamin,

SA is only a part of my investment and i setup so that i invest a fixed amount on monthly basis.

For other part of my investment usually I take the value investing approach, meaning I wait and observe until the price of the etf/stock/whatever falls until a certain value before i buy more. Otherwise the money will just roll in FD

Edit: it is also within my consideration to invest more in SA if the overall index falls until a certain range. But for now, DCA only for SA.

This post has been edited by l4nc3k: Nov 21 2019, 08:26 PM

Hi Shanks,

SA is designed so that busy people / new investors can just invest into it without any hassle, i.e. you just put money in and they do all the work. You can choose a few risk ratings that suit your style/appetite

Of course here I’m not comparing SA with the other two available roboadvisors, that’s a different issue but they work in similar ways.

Different people have different approach. Dumping all resources into one basket will earn the most normally, but of course comes with higher risk

FSM ETF only avail for SG and HK users. Just a heads up in case yours is MY account

Since Feb 2019,

On paper ROI 11.+ % p.a.
XIRR 21.+ % p.a.

Impressive yields, but this year was a relatively bullish year. Next year might be the real test for SA

DCA is to hedge yourself against the volatility of the market (bear, bull, flat, etc), and also a way to ensure you are always in the market - following the principle that “time in market > timing the market”

Its a totally different approach vs. value investing, where one would try to identify whether or not an instrument is currently under/overvalued and only invest when its undervalued.

Obviously if you can ‘time’ the bearish market (which might or might not happen), dumping in a large lump sum will be better than DCA. But of course this comes with higher risk, and also we never know when bearish market will actually occur. Remember there is no limit to a bullish market duration

No need to submit any tax related docs unless you are not citizen.

If any they will only ask for identification verification ie NRIC

There is no absolute right and wrong to both approaches.

The conservative and low risk method will be to DCA your 20k. Or another approach is to dump in the 20k when you think the market is 'low enough', which judging by current trend will not happen any soon.

Only applicable if you have multiple portfolios under SA, eg 36% with 10%.

Normally in this case you try to pick portfolios with different underlying assets because thats how you mitigate risk to even lower level / get a balanced overall portfolio.

Personally I only have 36% portfolio.

Having multiple portfolios maximizes your exposure to different underlying assets. Thats the reason why some have 2 or even more portfolios under the same instrument.

For SAMY, only 2 portfolio max is need to maximize exposure.

https://forum.lowyat.net/topic/4744515

This thread is mainly for S&P500, but its applicable to other mainstream ETFs as well.

Its a mixture of various ETFs and commodities , detailed underlying assets depends on risk rating.

Haha. Thats the whole point of SA isn’t it? to automate and help busy/lazy people that have no time to study which ETF to buy

I think you need to venture into DIY portfolios instead of SA
https://forum.lowyat.net/topic/4744515