StashAway MY, New instrument for Malaysian?
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 Feb 22 2019, 02:58 PM
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Senior Member
1,239 posts Joined: Jan 2003 From: SMK Kepong Baru, KL   
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QUOTE(B500 @ Feb 22 2019, 02:14 PM) Unless you really need the money, then no. Let your investment grow. Compounding interest is the 8th wonder of the world after all.. Yes, i understand that but i realised that today i gotten 10% profit but tomorrow it went down to 3% only so i dont really get that 10% profit actually. correct me if im wrong. thks |
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Feb 22 2019, 03:28 PM
Show posts by this member only | IPv6 | Post
#1122
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Senior Member
968 posts Joined: Aug 2012 From: Subang Jaya
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QUOTE(takeshi99 @ Feb 22 2019, 02:58 PM) Yes, i understand that but i realised that today i gotten 10% profit but tomorrow it went down to 3% only so i dont really get that 10% profit actually. correct me if im wrong. thks Depends on your needs and appetite.. Everything come with risk  Risk the 10% for even more compounding interest, or to cash out and spend the 10%.. your choice.  |
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Feb 22 2019, 03:47 PM
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Senior Member
2,175 posts Joined: Mar 2016
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JomPay now available on SA. No idea whether it will be faster compared to normal bank transfer
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Feb 22 2019, 03:47 PM
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Senior Member
2,175 posts Joined: Mar 2016
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*Double Post*
No idea why sorry This post has been edited by Krv23490: Feb 22 2019, 03:47 PM |
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Feb 22 2019, 03:48 PM
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Senior Member
2,839 posts Joined: Jan 2003 From: KL
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QUOTE(Krv23490 @ Feb 22 2019, 03:47 PM) JomPay now available on SA. No idea whether it will be faster compared to normal bank transfer not faster, same like IBG |
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Feb 22 2019, 04:07 PM
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Senior Member
3,182 posts Joined: Nov 2008 From: KL
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QUOTE(takeshi99 @ Feb 22 2019, 02:58 PM) Yes, i understand that but i realised that today i gotten 10% profit but tomorrow it went down to 3% only so i dont really get that 10% profit actually. correct me if im wrong. thks If you submit withdrawal now, it will still take days to sell. StashAway is meant for long term investment, not for short term one. |
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Feb 22 2019, 07:47 PM
Show posts by this member only | IPv6 | Post
#1127
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Senior Member
2,839 posts Joined: Jan 2003 From: KL
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Has anyone updated to the latest version? Now you can hide the whatsapp button but the weird part is i dont even need to on the hide function bc the button aldy missing haha. Tried on and off, button still missing
This post has been edited by preducer: Feb 22 2019, 08:19 PM |
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Feb 23 2019, 11:55 AM
Show posts by this member only | IPv6 | Post
#1128
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Junior Member
95 posts Joined: Nov 2013
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QUOTE(B500 @ Feb 22 2019, 02:14 PM) Unless you really need the money, then no. Let your investment grow. Compounding interest is the 8th wonder of the world after all.. Where can I know when will SA reinvest the compounded interest? |
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Feb 23 2019, 11:59 AM
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Senior Member
5,752 posts Joined: Jan 2012
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QUOTE(Jumper123 @ Feb 23 2019, 11:55 AM) Where can I know when will SA reinvest the compounded interest? Transection Filter Dividend |
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Feb 23 2019, 05:17 PM
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Newbie
3 posts Joined: Feb 2019
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QUOTE(tadashi987 @ Feb 22 2019, 02:10 PM) I thought investment is parked under Capital Gain Tax and not taxable If I am not mistaken, we still need to declare the dividend - after we got back the 30 %. Hope sifu here can share whether they declare it or not.  QUOTE(honsiong @ Feb 22 2019, 10:53 AM) You get back the 30% from the treasuries except CWB. QUOTE(honsiong @ Feb 22 2019, 11:29 AM) I have been using StashAway since 2017. The withholding tax refund is done by Saxo on behalf of StashAway and thus us. |
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Feb 23 2019, 11:04 PM
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Senior Member
3,182 posts Joined: Nov 2008 From: KL
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QUOTE(singaporeproton @ Feb 23 2019, 05:17 PM) If I am not mistaken, we still need to declare the dividend - after we got back the 30 %. No lah no need. If need StashAway will say something dy.Hope sifu here can share whether they declare it or not. |
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Feb 24 2019, 12:23 AM
Show posts by this member only | IPv6 | Post
#1132
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Junior Member
122 posts Joined: Mar 2005
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QUOTE(singaporeproton @ Feb 23 2019, 05:17 PM) If I am not mistaken, we still need to declare the dividend - after we got back the 30 %. Honsiong is right, dividends and interest derived from investments outside Malaysia and received by local investors are exempt from tax.Hope sifu here can share whether they declare it or not. Can read this LHDN public ruling for more info http://lampiran1.hasil.gov.my/pdf/pdfam/PR2_2014.pdf This is the most relevant part:- (a) Dividends and interest from investments outside Malaysia Dividends and interest derived from investments outside Malaysia and received by local investors in Malaysia, other than a resident company carrying on the business of banking, insurance or sea or air transport, are exempt from tax. [paragraph 28 of Schedule 6 of ITA] |
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Feb 25 2019, 09:39 AM
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Senior Member
1,239 posts Joined: Jan 2003 From: SMK Kepong Baru, KL
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QUOTE(honsiong @ Feb 22 2019, 04:07 PM) If you submit withdrawal now, it will still take days to sell. StashAway is meant for long term investment, not for short term one. QUOTE(l4nc3k @ Feb 22 2019, 03:28 PM) Depends on your needs and appetite.. Everything come with risk :) Alright thanks broRisk the 10% for even more compounding interest, or to cash out and spend the 10%.. your choice. :bruce: |
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Feb 25 2019, 10:45 AM
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Newbie
3 posts Joined: Feb 2019
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QUOTE(pinan @ Feb 24 2019, 12:23 AM) Honsiong is right, dividends and interest derived from investments outside Malaysia and received by local investors are exempt from tax. Good to know! Can read this LHDN public ruling for more info http://lampiran1.hasil.gov.my/pdf/pdfam/PR2_2014.pdf This is the most relevant part:- (a) Dividends and interest from investments outside Malaysia Dividends and interest derived from investments outside Malaysia and received by local investors in Malaysia, other than a resident company carrying on the business of banking, insurance or sea or air transport, are exempt from tax. [paragraph 28 of Schedule 6 of ITA]  |
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Feb 26 2019, 02:49 PM
Show posts by this member only | IPv6 | Post
#1135
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Senior Member
1,004 posts Joined: Oct 2007
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Went for the feedback session. You hardcore users should go too. This post has been edited by ViktorJ: Feb 28 2019, 11:09 AM |
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Feb 26 2019, 02:54 PM
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Senior Member
2,839 posts Joined: Jan 2003 From: KL
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QUOTE(ViktorJ @ Feb 26 2019, 02:49 PM)  Went for the feedback session. You hardcore users should go too. |
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Feb 26 2019, 03:05 PM
Show posts by this member only | IPv6 | Post
#1137
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Senior Member
1,004 posts Joined: Oct 2007
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QUOTE(preducer @ Feb 26 2019, 02:54 PM) Anything interesting to share? Working on quite a few new products/features, most notable FPX (many YAYs from LYN). No timeline though. I tried out their test page for a new payment UI. |
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Feb 26 2019, 03:19 PM
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Senior Member
5,752 posts Joined: Jan 2012
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QUOTE(ViktorJ @ Feb 26 2019, 02:49 PM) Went for the feedback session. You hardcore users should go too. |
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Feb 26 2019, 03:20 PM
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Senior Member
5,752 posts Joined: Jan 2012
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QUOTE(ViktorJ @ Feb 26 2019, 03:05 PM) Working on quite a few new products/features, most notable FPX (many YAYs from LYN). No timeline though. I tried out their test page for a new payment UI. Hmmm.New features and new products are 2 whole different thing correct? |
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Feb 26 2019, 03:26 PM
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Junior Member
691 posts Joined: Nov 2009 From: Klang | Sibu
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QUOTE(ViktorJ @ Feb 26 2019, 03:05 PM) Working on quite a few new products/features, most notable FPX (many YAYs from LYN). No timeline though. I tried out their test page for a new payment UI. Any details on the products and features? Except fpx |
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