I have discussed about three robo-advisors in 2019. Out of the three, I am using MYTHEO and StashAway. Since then, there are a few robo-advisors being launched in the market. Today, I am going to give a brief overview of these newcomers. The New Robo-Advisors There are three new robo-advisors since 2019. They are Akru, …
Skim Simpanan Pendidikan Nasional (SSPN-i) or National Education Savings Scheme is a savings scheme from Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) or National Higher Education Fund Corporation. I think it represents a good alternative investment vehicle in Malaysia. Benefits of SSPN-i I will list down its benefits in descending order of my perceived importance. 1. …
It has been more than half a year since I open an account with MYTHEO (seven months to be exact). I think it is a good time now to review my investment performance on this robo-advisor platform. Investing strategy I am using its allocation recommendation and my current asset allocation is 69% growth, 21% income …
Recently, I helped my wife to open a StashAway account. The primary purpose of opening this account is to compare the returns of StashAway with MYTHEO. StashAway account opening process The account opening process is quite simple. We need to provide our personal details and also choose an investing plan. The investing plan is categorized …
The bear has come in the worldwide stock markets. Our Kuala Lumpur Composite Index (KLCI) has dipped below 1,400 and might even break the 1,300 level. Luckily, the index increased to 1,344.75 before market closed. Nonetheless, it is still a large decline in one day. Truth to be told, I did not expect the index …
What is a robo-advisor? According to Investopedia, “Robo-advisors (also spelled robo-adviser or roboadvisor) are digital platforms that provide automated, algorithm-driven financial planning services with little to no human supervision. A typical robo-advisor collects information from clients about their financial situation and future goals through an online survey and then uses the data to offer advice …
May 2019 is the most volatile month so far this year. Kuala Lumpur Composite Index (KLCI) closed below 1600 a few times in the month. Luckily, it recovered nearing the end of May (1650.76) and closed higher than the end of April (1642.29). A surprise reversal Honestly, I did not expect the market to recover …
The Dow Jones Industrial Average (DJIA) posted a sharp decline since 10 October 2018 and is still heading downward. DJIA is one of the major indexes in United States and its decline spells trouble. Bursa Malaysia is also affected and KLCI dropped significantly in this week. So, does this signal the beginning of a bear …
(Updated: 3 January 2020) I first opened a trading account with Rakuten Trade (Link) in August 2018. After using it for a while, I feel it is a good platform to share with others. Main Benefit The main selling point for this brokerage is its low brokerage fee. If the transaction involves less than …
Exchange traded fund (ETF) has been touted by some parties as an alternative to mutual fund. What exactly is ETF? According to Investopedia, “An ETF, or exchange-traded fund, is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common …
