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@dj209 Think of it this way, based on your current spend, 100k buys you another 10 months with mini Bob. But at the same time I have been there and done that. Mental issue is not to be taken lightly. Ignore those who say to tough it out. They are not you and mental issues culturally has always...

@taylorjr94 Also learn the rule of 72 for quick napkin math. If your investment returns 7% a year, 72/7=10.29 so that means your investment will double roughly every 10.29 years. If it’s fixed income the return is probably 4% so 72/4=18. So double every 18 years.

@xxhelovesusxx IBKR. I believe etoro, Td ameritrade has zero fee for stocks for Malaysia clients. There are more options if you can register as US account.

@savedat9 52 dollars/year

@savedat9 25 shares of SPY (10.4K USD) will incur a transaction fee of $1 USD. https://preview.redd.it/kpe5yjsmjgva1.jpeg?width=1179&format=pjpg&auto=webp&s=78393c468d52da3190134a805a5acb9911729158

@georgiew Whoah I stand corrected. You are right robo fund do pass on their etf costs. At least with wealthfront (US based robo) they charge a fixed dollar fee plus etf cost. With Stashaway it’s a percentage OF FUND INVESTED plus etf cost. 😲

@weeone54 To be fair, you only pay robo fund for their ratio, not their holdings ratio. So they can diversify into 100 etf, you still only pay 0.8% as an investor. If you try to replicate their portfolio as a retail investors at $1/transaction, the costs do add up. But that’s what this post...

@mariauk Yes. They started offering that two months ago I think

@agiosconstantinos mostly for namesake. besides we can't make it look THAT bad for robo :D

@agiosconstantinos When you add that and expense ratio on top of management fee, the total robo fund fee easily exceed 1%. This is way too much for passive index following strategy.

Got several DMs on previous thread so I am just going to put out the numbers here. Stashaway benchmarks itself against MSCI World Index. So we pick any ETFs that track the index such as URTH for comparison. Might as well throw SPY into the mix. Stashaway 5 year annualized return: 7.14%...

@westmedsupply As opposed to what tho. You need to find an asset class that has a low correlation to US stock market. It could be bonds, inverse etf or commodities. Just diversifying to other countries stock market might not help much since they have high correlation to US market. In simpler...

@blessed2day Ireland domiciled etf like VWRA is still subject to 15% dividend withholding tax. Pretty sure there’s a maybank or local etf that tracks S&P index (I am not well tuned to local equities) if you want US exposure. If there’s no debt or mortgages, looks into cash flow generating...