I survived crypto bear and -23% in StashAway, looking forward to recession ady!

Targeting Bitcoin 100K by 2022-2024

Is our fund protected by pidm?

My question is, since there is no dividend or interest given every year, so there is no compound interest?

So it depends on the performance of the etfs when we are ready to cash out. It purely bet on the future market.

since some of us are affected does anyone here file a formal complaint to SC?

where u get update saying SC investigating?

not bad enough for people to withdraw money and close account lor. Security leak, debit card kena deducted, always under maintenance for fun, cannot do bank transaction, but don't see people changing banks

based on the small sample size on people bitching on my fb, the same people still using cimb for their business and personal use

it is financial footprint that should not be modify
they should have proactively inform me that we have cancel the auto debit which schedule on monday and will:
1. refund all the money including the 1st 1k that is suppose to be invested
OR
2. refund the wrongly auto debit and the 1k will be invested soon

so do you know which option are they taking?
that is why they have to communicate without just changing the status

they havent see stock market vendor trading platform down issue for 1 hours plus..

here all because one direct debit issue sudah got trust issue..

ahh nvm..no point i talking right now because i got see the worst nightmare

  out of own interest, u guys might know I was comparing StashAway risk index 8% portfolio with FSM fixed income funds for bond port

i obtained annualized return rate from 19 Jul 2017 - 30 Jun 2020 benchmark SA8 from source


then i obtain the same period cumulative return rate from FSM using FSM tools



convert them to annualized return rate using



i compared with some fixed income funds from FSM SG too.

here my results in performance descending.
annualized return rate from 19 Jul 2017 - 30 Jun 2020 benchmark SA8

amanah syariah trust FI = 7.99%
nomura i-income FI = 7.83%
Eastspring Investments - US High Investment Grade Bond AS SGD = 5.98%
StashAway 8 = 5.7%
United High Grade Corporate Bond A Acc SGD = 5.51%
Legg Mason Western Asset - Global Bond Trust A Acc SGD = 4.21%

just for sharing, any input is welcome, in case my calculation is wrong or so.

actually platform down at market open is much bigger issue thn unauthorized debit..

let say share price keep drop more thn 20%..but  platform cant login to sell the share..losses how? who bear?

if unauthorized debit, can refund 100% ma..

so u think..which is bigger issue.. 

problem is..what if u call ur remisier, ur remisier others few hundred client also same time call him..
how ya..

and..what if broker trading platform also down due to tht vendor?
how ya?

If next time got one banker accidentally transfer money wrongly to my account, will I need go to jail due to I stole someone money?

If just a human error did by curlec, SA already do their best to refund all the money. Those 2nd or 3rd batch auto debit may be just because key in wrongly by curlec and the system automaticly follow the instruction to process, SA should not able to stop it.

I think I am more scared of StashAway backend making rogue trades than just accidentally debiting my bank accounts. Coz that one will give us unintended exposures to risks we didnt sign up for.

Ya I won't forgive the banker, in this scenario the banker (Curlex) transfer my money (investor) to your account (SA).

Not sure.

BTW, is the whole process of auto debit like this way :

1) SA - request
2) Curlec - process
3) Bank - Allow

Anyone know?

uncle sokong