my first RSP through FSMONE. though the selling fee is ridiculously high but that should help me from selling it half way.

thank you sifu, selling also can rsp

This post has been edited by watermineral: Jun 18 2025, 10:08 AM

i am buying VWRA and deduct from USD auto sweep. and yes it will to be fractional as you are investing fixed amount of cash and the stock price will not be same.
you can set to deduct from other cash account too, it will automatic convert to USD. what i did is i top up some amount into USD sweep and let it deduct every month

This post has been edited by watermineral: Jul 1 2025, 03:12 PM

not sure about moomoo but last i compare with wise, seems quite close

This post has been edited by watermineral: Jul 2 2025, 04:17 PM

i am doing both. I make RSP contributions from my USD and MYR cash accounts. I convert currency when the rate is good, and I treat the RSP from my MYR account like dollar-cost averaging into USD.

Regarding the double forex fee when doing RSP from different currency accounts, I checked one of my RSPs and compared it with the Google exchange rate, couldn’t find any problem

For RSP, the fee is RM1 per RM1,000 invested, so it’s better to set your RSP in RM1,000 chunks. RM1 may not look much, but money is still money

This post has been edited by watermineral: Nov 27 2025, 01:32 PM

If you’re investing from your USD sweep account and the actual rate is around 1:4.13, you can just assume a higher rate, like anywhere from 4.2 to 4.5. Based on that, you can set your investment amount in the USD238 – USD222 range, depending on what you’re comfortable with. Just remember the closer your assumed rate is to the real rate, the more often you’ll need to adjust it to make sure you stay below your block size.

This post has been edited by watermineral: Nov 28 2025, 09:28 AM