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> StashAway MY, New instrument for Malaysian?

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alexkos
post Mar 7 2019, 06:35 PM

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user posted image

Inb4 ppl say this one is made up. Check time stamp. Check my timestamp of SA post see who troll.

Do a service by giving accurate answer. If not, don't spread misleading info.
Krv23490
post Mar 7 2019, 06:48 PM

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QUOTE(Vanguard 2015 @ Mar 7 2019, 05:53 PM)
I just joined StashAway yesterday.

Let's seek how it will perform compared to FSM.
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Hello boss ! Nice to see you here as well. Which risk index are you taking ?
pinan
post Mar 7 2019, 08:26 PM

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QUOTE(alexkos @ Mar 7 2019, 06:22 PM)
If asking for clarification of the previously claimed 30% confirm can claim back withholding tax is considered a troll, I'm amazed with the level of groupthink here.

And to further insult inquirers who pm me (mod can check my pm box), I have nothing more to add.

Hence, for a conclusion, SA is only advantageous in the sense of allowing DCA, and no more. SA eats 0.8% platform fee raining or shining.

All the best. Don't fight with money. Cost will kill you in the long run.

Bye.
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I think i have basically answered your question in my earlier post, not sure if you read it or not.

QUOTE
Just chipping in my 3 sen. I don't disagree with you and in fact agree with you about Stashaway being a relatively good option for ikan bilis investors such as myself.

However, as you have pointed out, the 30% withholding taxes claimed back by Stashway/Saxo is only for ETFs that track securities/treasuries/bonds issued by the U.S. Treasury/Government, because such dividend payments are sourced from interest income which are eligible for exemption due to the US tax law on qualified interest income. Such exemption is not applicable for ETFs that track equities like SPY/US domiciled SP500 as mentioned by alexkos or VTSAX/VTWAX, since their dividend payments are sourced from profits of the underlying corporations held.

So for ETFs that track equities, notwithstanding other advantages, Stashaway does not appear to have much relative advantage over hooting the ETFs directly in terms of the 30% withholding tax situation.


Based on the information provided by Honsiong, Stashaway can and does help to claim back the 30% withholding taxes for ETFs that track securities/treasuries/bonds issued by the U.S. Treasury/Government. As far as I know, this is the only exemption for Msia citizens which have no tax treaty with the US. For ETFs that track equities like SPY/US domiciled SP500, whether you buy directly thru captrader or we hold them thru SA, the 30% withholding taxes cannot be claimed back due to our status as non-resident and non-us citizen aka alien.

So you are right to point out that, in this aspect alone, irish domiciled ETFs with 15% withholding taxes are more cost efficient in the long run.

I do agree with you that the people in this thread can get quite sensitive even when you raise a reasonable question about fees charged by SA. Nevertheless, no one here owes you any due diligence to check their info. If you want a reliable answer then SA customer support is the best choice you got.

This post has been edited by pinan: Mar 7 2019, 08:29 PM
alexkos
post Mar 7 2019, 08:31 PM

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ok case closed. SA don't have withholding tax dividend advantage. Hope everyone benefit.
Vanguard 2015
post Mar 7 2019, 08:49 PM

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QUOTE(Krv23490 @ Mar 7 2019, 06:48 PM)
Hello boss ! Nice to see you here as well. Which risk index are you taking ?
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Thanks bro. No boss here, kuli only. smile.gif

Based on my answers to the questionairres and age group (I guess), I was given a risk index of 14. I also opened a second portfolio and manually adjusted the risk index to 18.

So I can compare both portfolios in the future.
TS[Ancient]-XinG-
post Mar 7 2019, 09:00 PM

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QUOTE(Vanguard 2015 @ Mar 7 2019, 08:49 PM)
Thanks bro. No boss here, kuli only. smile.gif

Based on my answers to the questionairres and age group (I guess), I was given a risk index of 14. I also opened a second portfolio and manually adjusted the risk index to 18.

So I can compare both portfolios in the future.
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14 and 18 not much diff I suppose.
Krv23490
post Mar 7 2019, 09:46 PM

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QUOTE(Vanguard 2015 @ Mar 7 2019, 08:49 PM)
Thanks bro. No boss here, kuli only. smile.gif

Based on my answers to the questionairres and age group (I guess), I was given a risk index of 14. I also opened a second portfolio and manually adjusted the risk index to 18.

So I can compare both portfolios in the future.
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Try 36 ? maybe can see the difference better
preducer
post Mar 7 2019, 10:11 PM

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QUOTE(Vanguard 2015 @ Mar 7 2019, 08:49 PM)
Thanks bro. No boss here, kuli only. smile.gif

Based on my answers to the questionairres and age group (I guess), I was given a risk index of 14. I also opened a second portfolio and manually adjusted the risk index to 18.

So I can compare both portfolios in the future.
*
The given risk index is just a recommendation am i right? U can always raise that to the max instead of creating another portfolio with almost near risk indexes
honsiong
post Mar 7 2019, 11:41 PM

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QUOTE(Krv23490 @ Mar 7 2019, 09:46 PM)
Try 36 ? maybe can see the difference better
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Eh don’t bait newcomers to YOLO like us leh.
Vanguard 2015
post Mar 8 2019, 07:39 AM

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Thanks for the replies. I think you guys are right. Not much difference between risk index 14 and 18.

Maybe I should have 2 different portfolios with risk index 14 and 28-30. Then I can see the difference.
Krv23490
post Mar 8 2019, 07:55 AM

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QUOTE(honsiong @ Mar 7 2019, 11:41 PM)
Eh don’t bait newcomers to YOLO like us leh.
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Our brother here is a veteran Investor ! Don't worry ! so I am pretty sure he won't dump everything in it. If higher risk can mitigate by putting less compared to the lower risk index portfolio
TS[Ancient]-XinG-
post Mar 8 2019, 07:56 AM

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QUOTE(Vanguard 2015 @ Mar 8 2019, 07:39 AM)
Thanks for the replies. I think you guys are right. Not much difference between risk index 14 and 18.

Maybe I should have 2 different portfolios with risk index 14 and 28-30. Then I can see the difference.
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36 for adventure 70%
20 for core 30%

This post has been edited by [Ancient]-XinG-: Mar 8 2019, 07:57 AM
sohailili
post Mar 8 2019, 08:56 AM

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jus started my SA 3 weeks back and I also wan trying to do some comparison on return with 2 different port. in my case im having 20% n 12%. sifu here can advise if this will make any difference?

Attached Image

This post has been edited by sohailili: Mar 8 2019, 08:57 AM
TS[Ancient]-XinG-
post Mar 8 2019, 09:16 AM

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QUOTE(sohailili @ Mar 8 2019, 08:56 AM)
jus started my SA 3 weeks back and I also wan trying to do some comparison on return with 2 different port. in my case im having 20% n 12%. sifu here can advise if this will make any difference?

Attached Image
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The bond portion is higher in 12.


Vanguard 2015
post Mar 8 2019, 01:04 PM

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QUOTE(Ancient-XinG- @ Mar 8 2019, 07:56 AM)
36 for adventure 70%
20 for core 30%
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Sorry I am lost.

Are you suggesting Risk Index 36 for 70% of my cash investment in Portfolio A and Risk Index 20 for the balance 20% cash in Portfolio B?
tadashi987
post Mar 8 2019, 01:12 PM

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Guess it is time for new investor to go in now as the market dropping lately unsure.gif
honsiong
post Mar 8 2019, 01:26 PM

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QUOTE(Vanguard 2015 @ Mar 8 2019, 01:04 PM)
Sorry I am lost.

Are you suggesting Risk Index 36 for 70% of my cash investment in Portfolio A and Risk Index 20 for the balance 20% cash in Portfolio B?
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You don't have to follow other ppl, they make multiple portfolios to play around only. I also invest mainly in 36, then put a bit in 6.5 just to see what happens.

Vanguard 2015
post Mar 8 2019, 01:41 PM

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QUOTE(honsiong @ Mar 8 2019, 01:26 PM)
You don't have to follow other ppl, they make multiple portfolios to play around only. I also invest mainly in 36, then put a bit in 6.5 just to see what happens.
*
Maybe their kung fu level is higher. 😃

Our quest to gain knowledge never ends.
TS[Ancient]-XinG-
post Mar 8 2019, 01:57 PM

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QUOTE(Vanguard 2015 @ Mar 8 2019, 01:04 PM)
Sorry I am lost.

Are you suggesting Risk Index 36 for 70% of my cash investment in Portfolio A and Risk Index 20 for the balance 20% cash in Portfolio B?
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Eh sorry. Mistake.

Is 70% in core 20 risk index.
30% in risk index 36.

This should be ok. But fully depend on your risk appetite too.

The percentages and risk index is all up to you smile.gif
preducer
post Mar 8 2019, 01:59 PM

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QUOTE(tadashi987 @ Mar 8 2019, 01:12 PM)
Guess it is time for new investor to go in now as the market dropping lately  unsure.gif
*
time to put in more money.

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