Stashaway RoboAdvisor Referral Link
Rise of the Machines aka RoboAdvisors
Roboadvisors is a generic term use for software that automates and invests money for you.
Stashaway is a new Roboadvisor Platform launched in Malaysia (Securities Comission registered company). The funder is formerly Zalora CEO. Originally this came from Singapore (Monetary authority of Singapore registered company).
The application can runs on web and mobile (IOS and Android).
Don’t bother going to their website to sign up for waiting list. It is just bogey. I signed up using 10 emails and non of the emails got any invites. The website is currently only getting users via referrals.
How to register :
Use my referral code to sign up : www.stashaway.my/referrals/jonoav
Use my referral code to sign up : www.stashaway.my/referrals/jonoav
Fill up your risk profile and deposit money to the trust account given (citibank).
Not for the faint hearted who do not trust technology.
Not for the faint hearted who do not trust technology.
Useful Links :
Lowyat discussion forum on Stashaway RoboAdvisor : https://forum.lowyat.net/topic/4634745/all
Press coverage by Vulcan Post : https://vulcanpost.com/…/stashaway-fintech-robo-advisor-in…/
Lowyat discussion forum on Stashaway RoboAdvisor : https://forum.lowyat.net/topic/4634745/all
Press coverage by Vulcan Post : https://vulcanpost.com/…/stashaway-fintech-robo-advisor-in…/
Disclaimer :
This is not a sponsored post, though if you sign up with my affiliate link, we’ll both get a 50% discount from StashAway.
I started off with a test account of RM400, got some very small gains but it dipped back due to foreign exchange. Few days later goes back into the black RM401. Anyway, this is not meant to say this is a quick trading system, it is suppose to be long term as the rebalancing and repurchase are all done by robot software, so it's not required to keep checking the total portfolio amount every single day to maintain sanity.
Updates 19/3 :
I've since topped up until RM 3,900 into my Stashaway Account. There's still a big forex loss of there even though there a small investment gain already.
Updates 30/3 :This is not a sponsored post, though if you sign up with my affiliate link, we’ll both get a 50% discount from StashAway.
I started off with a test account of RM400, got some very small gains but it dipped back due to foreign exchange. Few days later goes back into the black RM401. Anyway, this is not meant to say this is a quick trading system, it is suppose to be long term as the rebalancing and repurchase are all done by robot software, so it's not required to keep checking the total portfolio amount every single day to maintain sanity.
Below is my account after a few days
I've since topped up until RM 3,900 into my Stashaway Account. There's still a big forex loss of there even though there a small investment gain already.
Got to wait for good news like that for it to profit. The investment will probably turn a profit if Ringgit strengthens.
I bought a free management fee coupon for RM1 for 6 months using BoostPay wallet.
I further topped up more into the account until 8K. The portfolio starting to see some positive results already.
I've also restructured my portfolio into 3 funds. Conservative, balance and aggressive with the latter having the highest risk. The US stock market and strengthening of Ringgit helped bring positive results to my portfolio.
