StashAway MY, New instrument for Malaysian?
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 Nov 23 2018, 04:16 PM
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Senior Member
3,182 posts Joined: Nov 2008 From: KL 
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QUOTE(vrek @ Nov 23 2018, 03:49 PM) https://www.stashaway.my/faq/115001417233-h...folio-get-taxed Few weeks ago I got withholding tax refund for the bonds. But it’s like 1 year after I started using stashaway.All the US bonds get taxed 30%? And any profit taken is also taxed in Malaysia?  |
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Nov 26 2018, 11:09 PM
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Senior Member
2,012 posts Joined: Dec 2007 From: Fairytale
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Update on Forward Testing of Portfolio Stashaway (-ve) and Smartly (-ve) - SG.
Excerpt from HWZ. » Click to show Spoiler - click again to hide... « |
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Nov 28 2018, 09:26 PM
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Junior Member
283 posts Joined: Mar 2015
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Too bad, if you own more than ONE house or ONE car, you're not eligible to register with Stashaway.
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Nov 28 2018, 09:53 PM
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Senior Member
5,752 posts Joined: Jan 2012
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QUOTE(vrek @ Nov 28 2018, 09:26 PM) Too bad, if you own more than ONE house or ONE car, you're not eligible to register with Stashaway. huh? |
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Nov 28 2018, 10:36 PM
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Senior Member
3,182 posts Joined: Nov 2008 From: KL
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QUOTE(vrek @ Nov 28 2018, 09:26 PM) Too bad, if you own more than ONE house or ONE car, you're not eligible to register with Stashaway. @stashaway Excuse me wtf? |
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Nov 29 2018, 03:05 AM
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Junior Member
45 posts Joined: Sep 2009 From: Petaling Jaya 
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just checking, everyone sudah upload (crossed for stashaway) IC kan? lol
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Nov 29 2018, 07:53 AM
Show posts by this member only | IPv6 | Post
#267
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Junior Member
375 posts Joined: Mar 2018
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QUOTE(Keitsu @ Nov 29 2018, 03:05 AM) just checking, everyone sudah upload (crossed for stashaway) IC kan? lol Yes.This post has been edited by ChessRook: Nov 29 2018, 07:53 AM |
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Nov 29 2018, 09:07 AM
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Senior Member
609 posts Joined: Apr 2006  
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QUOTE(Ancient-XinG- @ Nov 28 2018, 09:53 PM) huh? Which still serving loan right? Which is the right move. |
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Nov 29 2018, 09:27 AM
Show posts by this member only | IPv6 | Post
#269
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Junior Member
45 posts Joined: Sep 2009 From: Petaling Jaya
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Stashaway was discussed this morning on bfm huhuuu. Mentioned on financial crisis, their bot ease the burden faster (within 3 months, 2007) than other available system .
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Nov 29 2018, 09:31 AM
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Senior Member
3,182 posts Joined: Nov 2008 From: KL
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QUOTE(cheefai7 @ Nov 29 2018, 09:07 AM) Which still serving loan right? Which is the right move. So people repaying loans for next decades are locked out? Wanna know if it’s a mistake or they have reasons behind it. |
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Nov 29 2018, 09:49 AM
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Senior Member
2,175 posts Joined: Mar 2016
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QUOTE(honsiong @ Nov 29 2018, 09:31 AM) So people repaying loans for next decades are locked out? Wanna know if it’s a mistake or they have reasons behind it. or just do not be so 'honest' |
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Nov 29 2018, 10:10 AM
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Senior Member
3,182 posts Joined: Nov 2008 From: KL
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QUOTE(Krv23490 @ Nov 29 2018, 09:49 AM) or just do not be so 'honest' Being dishonest can lead to worse consequences. |
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Nov 29 2018, 10:11 AM
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Senior Member
2,847 posts Joined: Sep 2010
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QUOTE(vrek @ Nov 28 2018, 09:26 PM) Too bad, if you own more than ONE house or ONE car, you're not eligible to register with Stashaway. Maybe it depend on the income you declare as well? |
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Nov 29 2018, 10:18 AM
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Senior Member
609 posts Joined: Apr 2006
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QUOTE(honsiong @ Nov 29 2018, 09:31 AM) So people repaying loans for next decades are locked out? Wanna know if it’s a mistake or they have reasons behind it. probably, if you were bootstrapped 2 mortgages and 2 car loan is not eligible for enrollment. Or like what others suggested, being dishonest. |
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Nov 29 2018, 10:27 AM
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Senior Member
2,175 posts Joined: Mar 2016
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QUOTE(honsiong @ Nov 29 2018, 10:10 AM) Being dishonest can lead to worse consequences. yes agreed. Only yourself responsible for your own investment decisions. However should not let paying loans deny you from investing |
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Nov 29 2018, 10:39 AM
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Senior Member
3,182 posts Joined: Nov 2008 From: KL
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QUOTE(Krv23490 @ Nov 29 2018, 10:27 AM) yes agreed. Only yourself responsible for your own investment decisions. However should not let paying loans deny you from investing Can try sorting it out with the customer service rep. They are responsive. |
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Nov 29 2018, 10:59 AM
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Senior Member
2,175 posts Joined: Mar 2016
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QUOTE(honsiong @ Nov 29 2018, 10:39 AM) Can try sorting it out with the customer service rep. They are responsive. Oh , i dont have any problems with it ! Hows your account looking so far, big rally yesterday night ! Hopefully this weekend goes well with Mr Trump and Xi |
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Nov 29 2018, 11:14 AM
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Senior Member
3,182 posts Joined: Nov 2008 From: KL
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QUOTE(Krv23490 @ Nov 29 2018, 10:59 AM) Oh , i dont have any problems with it ! Hows your account looking so far, big rally yesterday night ! Hopefully this weekend goes well with Mr Trump and Xi USD wise still -7-8% |
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Nov 30 2018, 12:34 AM
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Junior Member
283 posts Joined: Mar 2015
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I've spoke to the customer care earlier. These are excerpts of the explanation:
"As StashAway invests your money in foreign currency assets, we will have to comply with Notice 3 of the Foreign Exchange Administration Rules and we are unable to proceed with your account opening on StashAway’s Malaysia platform at this moment." "At this moment, we can only proceed with client who owned not more than ONE House loan and not more than ONE Vehicle loan." The Foreign Exchange Administration (FEA) Rules are found on Bank Negara website: http://www.bnm.gov.my/files/notices/Notice_3.pdf |
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Nov 30 2018, 08:59 AM
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Senior Member
5,469 posts Joined: Jun 2008
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bank negara capital control, so nothing to do with risk or whatever investment or loan. bank negara doesnt want normal peep like us to borrow loan locally, sell RM and get USD or other foreign currencies.
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