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Investment StashAway Malaysia, Multi-Region ETF at your fingertips!

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yibaandre
post Jun 9 2021, 10:57 PM

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Junior Member
496 posts

Joined: Sep 2008
hi all sifu ,

newbie to investment.

want to ask , is StashAway suitable for ppl like me who like
to put money there and just leave it ? (sort of like semi auto pilot).
with regular deposit of course.
I am not the type that want to keep checking and tweaking this and that
(maybe once a while can)

Thanks
yibaandre
post Jun 9 2021, 11:04 PM

Casual
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Junior Member
496 posts

Joined: Sep 2008
QUOTE(MUM @ Jun 9 2021, 11:03 PM)
what happens when you checked and noticed that your investment is losing money?
what would you do?
how much % of loses can you "tahan" to see invested money being 'eaten' away?
what would you do?
sell all before it get worse and come back to fight again some other day?
*
that's the thing , I am not sure/know what to change / tweak in that scenario ?


yibaandre
post Jun 10 2021, 12:38 AM

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Junior Member
496 posts

Joined: Sep 2008
QUOTE(xander83 @ Jun 9 2021, 11:07 PM)
Definitely suitable the only difference is your risk assessment profile on which portfolio is suitable for you  rclxms.gif
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is the portfolio automatically recommend by StashAway (base on risk assessment) or I have to choose ?
Can I change the risk assessment and / or portfolio once everything is set up ?

Thanks
yibaandre
post Jun 10 2021, 12:39 AM

Casual
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Junior Member
496 posts

Joined: Sep 2008
QUOTE(lee82gx @ Jun 9 2021, 11:17 PM)
Stashaway is designed for folks like you, but the advise from MUM is extremely relevant.

You must know what you are buying which is a split basket of ETFs comprising of index funds, and usually some Gold.

Now once you know you are indexing, in a way you need to accept that it goes up and down according to the market of the fund you are buying. And if you know that then you also know that once in a while something bad happens and it can even drop 10-20% in a year, or even slightly more. THat means that in the absence of something catastrophic anything else can cause drops of 1-9% without too much "reason".

You also need to know that generally markets tend to go up over time.
*
thanks for the info thumbup.gif
"what you are buying" - is this recommended by StashAway base on risk assessment or I have to decide my self ?

 

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