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StashAway MY, New instrument for Malaysian?
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honsiong
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Nov 2 2018, 01:52 PM
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QUOTE(Ancient-XinG- @ Nov 2 2018, 01:46 PM) hmmmm... actually besides from the link you provided, we actually cant register via apps and websites.... Yeah I think they wanna slow the rollout. This post has been edited by honsiong: Nov 2 2018, 01:54 PM
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honsiong
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Nov 2 2018, 02:19 PM
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QUOTE(Krv23490 @ Nov 2 2018, 02:00 PM) Yea , seems weird there's a disconnect. However I have signed up and manage to deposit without a problem They didn't do currency conversion and buy securities for my deposit yesterday. For Singapore one, around afternoon should have currency conversion to USD, evening you can see how much $ they will allocate to each ETF ady. Sekarang apa2 pun tak da.
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honsiong
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Nov 2 2018, 10:48 PM
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QUOTE(fairylord @ Nov 2 2018, 10:43 PM) So we now register with other's code still entitled for 6 mths of fees waived or we have to refer some one with out code to be entitled? You will get 6 months free. After 6 months you bait your friend in with your code, another 6 more months free.
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honsiong
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Nov 5 2018, 05:07 PM
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According to customer support, first trade will only be done on Wednesday for Malaysia accounts.
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honsiong
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Nov 6 2018, 04:31 PM
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QUOTE(kratos648 @ Nov 6 2018, 02:13 PM) Stashaway's CEO did an AMA recently. Which answers most of the questions on this thread. It's officially launched in malaysia already. https://crowdfundtalks.com/topic/354/altern...er-8-30-9-30pm/QUOTE(Ancient-XinG- @ Nov 6 2018, 04:17 PM) their websites still in "join the waitlist" StashAway customer support says: QUOTE Hi Anonoz,
Thanks for reaching out to us!
No, there are no issues. As we are yet to be opened to the general public and are still working our way through the list of beta testers, the first trades for Malaysia accounts will not be done until this Wednesday during the U.S market open.
I hope this clarifies, Anonoz. I interpret it as launched in Malaysia, they still testing the system out, but never actually block anyone from signing up if they want to.
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honsiong
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Nov 7 2018, 06:52 PM
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QUOTE(shodan11 @ Nov 7 2018, 06:37 PM) Hi..first time user here. Previously silent reader. Now..where's the trade..I wonder. Already Wednesday evening now..hm. Yea dunno WTF are they doing at the moment. I am waiting too.
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honsiong
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Nov 7 2018, 09:40 PM
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QUOTE(shodan11 @ Nov 7 2018, 08:25 PM) Maybe it's based on US time zone for Wednesday? Should be anytime now.. Eh if they work just like Singapore accounts, by now we should be able to see the ETFs buying in progress being listed in Transactions tab. They missed. Fingers crossed, please execute the trades tomorrow.
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honsiong
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Nov 9 2018, 08:19 PM
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Nice! Securities are being queued for buying.
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honsiong
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Nov 10 2018, 01:36 AM
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QUOTE(roarus @ Nov 10 2018, 12:34 AM) Used your link, just got email that my account was verified today - will fund next week on business day. Do share on the USD conversion rate and commission fee (if any) upon purchase of ETFs if you have access to detailed transaction statements They absorb the conversions, commissions etc in your management fee already. To keep it simple you pay 0.8% to StashAway + management fees for underlying securities. The rest you probably need to ask their customer support, they are pretty responsive. This post has been edited by honsiong: Nov 10 2018, 01:37 AM
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honsiong
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Nov 10 2018, 06:34 PM
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QUOTE(Ancient-XinG- @ Nov 10 2018, 05:26 PM) Can ask if the risk choose the lowest. Is it still losing money? And based on previous post, some mentioned that the profile can change very frequently. Is it true? Portfolio only changes when you change risk level AFAIK.
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honsiong
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Nov 10 2018, 07:08 PM
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QUOTE(Ancient-XinG- @ Nov 10 2018, 06:37 PM) yea... that's what I meant. the risk level is it up to us to change? Yeap.
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honsiong
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Nov 11 2018, 11:58 AM
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QUOTE(Ancient-XinG- @ Nov 11 2018, 10:47 AM) nope. But its take me an hour + for register and check all the details. Wanted to do transfer but cant do it. Anyone here using m2u? the recipient name I cant put fully, the have limit up to pacific trustee berhad but "for StashAway" cant be enter. The account not authorized. Just make sure bank account number is correct. I guess recipient name is more for your own reference. Also make sure transaction reference is correct.
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honsiong
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Nov 11 2018, 02:02 PM
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QUOTE(Ancient-XinG- @ Nov 11 2018, 01:36 PM) the transection can't go thru because the name is not tally with the system is guess. Check if you have selected IBG with delay over instant transfer. No I cant fit the recipient name in M2U either but it went through.
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honsiong
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Nov 11 2018, 02:27 PM
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QUOTE(Ancient-XinG- @ Nov 11 2018, 02:13 PM) I try 3 times. all particular correct. is the recipient name doesn't matter for you? AFAIK nope.
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honsiong
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Nov 11 2018, 11:18 PM
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QUOTE(prince_mk @ Nov 11 2018, 10:39 PM) Can sign up for Msia one? Use apps ? We have been talking about the Malaysia one the whole time. It’s operational already.
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honsiong
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Nov 11 2018, 11:28 PM
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QUOTE(Ancient-XinG- @ Nov 11 2018, 11:26 PM) I try few times still cannot. walaaooooo. name must die die same.... already ask support regarding this. hope to get reply tomorrow. Which bank are you using? Can try others? Also make sure you pick Interbank GIRO instead of instant transfer.
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honsiong
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Nov 11 2018, 11:33 PM
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QUOTE(Ancient-XinG- @ Nov 11 2018, 11:26 PM) I try few times still cannot. walaaooooo. name must die die same.... already ask support regarding this. hope to get reply tomorrow. Which bank are you using? Can try others? Also make sure you pick Interbank GIRO instead of instant transfer.
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honsiong
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Nov 15 2018, 11:24 AM
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Whew back from being suspended 3 days for spamming referral. QUOTE(fairylord @ Nov 13 2018, 01:37 PM) Is SG account fees subject to GST 7%? 2020 to 2025 will be 10% I heard. How about MY account fees subjects to SST 6%? Yes it’s included in the fee. So you pay 0.8% that’s all.
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honsiong
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Nov 15 2018, 11:26 AM
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QUOTE(Avangelice @ Nov 12 2018, 06:07 PM) the article is right. even with highest risk, they still relocate a substantial portion to us bonds. I checked on my side, they put 15% to fixed income aka US bonds then another percentage to gold commodities. no thanks. No, there are no more bonds with the highest risk after their risk index update, just equities & REIT.
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honsiong
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Nov 15 2018, 11:30 AM
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QUOTE(Krv23490 @ Nov 15 2018, 11:27 AM) What about the hybrid etf, is it considered bond ? Maybe it is? But by stashaway definition it doesn’t fall under protective assets. Financialhorse blog posts you kena check the posting timestamp. Some are posted before they switched to current risk index system. In the previous version, you choose Level 1 - 16 for core, then up to 28 after completing SGX quiz. That one if you pick max risk in core portfolio, you get 45% protective, clearly people didn’t like that.
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