statistically, based on some research i read awhile back, lump sum is best for long term IF U can stomach it.

most folks have "buyer's remorse" or "investor's regret" when they lump sum in, then markets go to hell.. for the 1-3 years..
BUT the same folks didnt see after the 3 years to 10 years+
These kinda folks will do better with DCA even if they have the lump sum. It's not the investment - it's the investor, kinda problem.

PS:
hm.. StashAway's portfolio thinggy seems different a bit now VS when first launched. I noticed my unfunded account have no fixed income and commodities even when it's still 36% risk-on like my previous.
<rubs hand in glee> time to move in

er.. markets hasnt really CRASHED yet wor.. just in "correction" area technically - ie 10%-15%+/-, especially developed markets which SA is "mostly" holding

thus, IF really crash and mega sale time, quadruple investments then?
hm.. i'm buying in some but NOT doubling down heheh or all-in/show-hand yet

fear is in the air..
sell low, buy high? OR buy low in stage, & hold?

XD - sorry, just being obvious here - i thought those getting into StashAway would be more long term / (wah)man-with-a-plan than the typical "UT traders"

finally funded my long created StashAway A/C XD
Luck to all of us buying & holding

thoughts:
jeez.. so many steps to do manual funding - reference codes and all that, ie. no FPX auto-link/tracking, AND no Instant Bank Transfer - traditional Inter Bank Transfer.

most probably due to using Citibank as their Trustee's Account.
side note - just noticed Pacific Trustee above, small world - my Will's Executor XD

This post has been edited by wongmunkeong: Feb 29 2020, 09:16 AM

Yup - my account, with Portfolio tweaked and stuff - sat there since 2018, with no $ at all
I didnt fund it earlier because i could not remove the FI portion - i didnt want any FI as i use EPF as my main FI.

If there was a time limit, it should be longer than 2 years heheh.

er.. as i understand it, when we put $ in, it is directed to one of the portfolios created (goal specific or general). thus, ngek, cant sit $ there.
anyhow, no purchase cost leh, unlike UTs, and the total yearly cost starts from 0.8% +ETFs charges (0.2%+/--0.4%+/-), unlike most UTs 1.5%-2.5%

i think it goes straight into the selected portfolio U funding.

ya by selecting something like "i prefer more risk" hehe
i recall there was no such second option, only that slider bar for adding risk 2 years back.. then again, i'm hitting 50s, nyanyuk-ing hehe

hmm.. i thought folks that want hands-off or big picture approach will use StashAway but it seems some traders or maximizers still want to use StashAway and yet worry this/that "not controlled".

i thought maximizers or traders will go hands-on with direct stocks, options or futures, where their decision impact is higher - especially with leverage.

personally, i use StashAway as a zzz.. wakeup to see see.. zzzz.. (time/effort optimizer)

This post has been edited by wongmunkeong: Mar 5 2020, 03:29 PM

yup - thus U are using StashAway as the right tool for zzz portion of your portfolio, right?
not maximizing or trading heheh.

same here - just trying to hint to fellow forumers - right tool for the right job, not hammer to screw in a hook (ooo 3 ill-logic i did there).

dood.. do it for at least 3 years first la.. 2-3 weeks..
bwhahah
sorry.. may be wrong tool for U since so kanjiong/antsy. 4D or Magnum may meet your timeline requirement BUT may not meet your investing requirement

i've thunk (past tense, very TENSEd of think? ), maybe better Q is:
1. Even if i have the info now, what can i do now, to "reduce the pain" OR increase the "feel good"?
AND
2. How much time, $, effort needed to get executable info (item 1. above)?
THUS
3. (Item 2.) Worthwhile - Benefits (1.) Vs Cost (2.)?

Personally, meh. Since i've no way to see the future, Asset Allocation & sub-asset location.. continue plodding on. (i owe, i owe, off to work i go..)
YMMV though if U happen to have billions and/or have access to special offers like Mr Buffet or Mr Munger

This post has been edited by wongmunkeong: Mar 9 2020, 10:54 AM

personally, the more "re-optimization to algo" that StashAway does, the more scared i am of them leh

the value held in my account seems to be updated about 12pm-1pm, ie. after the day ends in US.
makes sense since day's close for US is after MY's time of 12pm-1pm, depending on daylight savings time or not.

to add another possibility / view:
in StashAway's screen, my 36%, it states something to the effect ".. 1% that you will get more than 36% loss in 1 year.."
thus, in a -3 standard deviation move... which this Covid-19 thing is, guess the 1% probability triggered/hit

i noticed coz i've been helping my friends to setup their account and explaining the xx% heheh

yup yup, when stretched to over one side of SD, the snapback or regression to mean will be whoa..!

nah, for me, nothing to do with faith. more of statistical probabilities heheh

yup, like crazy roller coaster

IMHO, best way to ride a roller coaster's ups & downs without fear & greed: look further out to the horizon, NOT directly up or down
ie. eyes on the 20-40 years horizon

er.. that's what emergency buffers and planning are for i think

huh? investments != emergency fund

emergency fund = non-fluctuating, not for making $. it is like the goal keeper in a team
vs
the rest of team,
defenders (fixed income), mid-fielders (REITs/dividend stocks/rentals) and strikers (growth stocks/biz/etc) = investment portfolio

er.. may not be bounce back quickly leh.. stats shows otherwise.
most important, IMHO, is to be ABLE to hold on to those purchases/investments for at least 3+ years, best >10years



data taken from below, OCR-ed into Google-sheet to use Percentile, median & average formulas
https://awealthofcommonsense.com/2020/03/ho...-a-bear-market/

This post has been edited by wongmunkeong: Mar 19 2020, 05:47 PM

it's real bro - i did it for my team member (newbie) and his also GBP
also, above feedback screen snapshot shared by fellow forumer

hehe - no way to check until MCO off coz that fellow dunno what/how to look for if Shariah or norm.
Got Syariah meh? sorry - i created my 2 years+ back bwhaahah