StashAway MY, New instrument for Malaysian?
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 Dec 4 2018, 08:51 AM
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Senior Member
5,752 posts Joined: Jan 2012 
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QUOTE(honsiong @ Dec 3 2018, 10:14 PM) Same asset allocations, but probably not the same pool, from the weird quirks I notice from my Malaysia account transactions. what's the major difference besides the currency? (MYR, SGD). still wondering how's their operation in Malaysia |
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Dec 4 2018, 10:03 AM
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Senior Member
3,182 posts Joined: Nov 2008 From: KL
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QUOTE(Ancient-XinG- @ Dec 4 2018, 08:51 AM) what's the major difference besides the currency? (MYR, SGD). No difference from what I see so far.still wondering how's their operation in Malaysia But the first few weeks they keep actively selling and buying securities - I can only guess they don’t have enough fractional shares for them to buy or hold whole for Malaysia one, because I don’t see this behaviour in singapore account. Again, it’s just an assumption of mine. |
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Dec 4 2018, 12:03 PM
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Senior Member
2,006 posts Joined: Jan 2005 From: KLANG 
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Registered, sent my IC with cross, but asked to resend without any cross. Anyone facing this too?
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Dec 4 2018, 08:39 PM
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Senior Member
5,752 posts Joined: Jan 2012
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any kind soul can explain the currency impact on MYR.
I can't understand it. when the port rally, my impact strong. |
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Dec 4 2018, 08:58 PM
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Senior Member
2,175 posts Joined: Mar 2016
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QUOTE(Ancient-XinG- @ Dec 4 2018, 08:39 PM) any kind soul can explain the currency impact on MYR. Maybe it depend on how strong the RM is against USD on a daily basis. You can try observe the USD just for portfolio performance, and then monitor the rate of MYR/USD and try compare against USD returns and MYR returns.I can't understand it. when the port rally, my impact strong. |
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Dec 4 2018, 09:00 PM
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Senior Member
3,182 posts Joined: Nov 2008 From: KL
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QUOTE(Ancient-XinG- @ Dec 4 2018, 08:39 PM) any kind soul can explain the currency impact on MYR. The sum of difference of present USD/MYR and the times when you make deposits.I can't understand it. when the port rally, my impact strong. Basically this is the forex risk. That’s why it’s better to see how well SA is doing by only seeing USD return, sans currency impact. If currency impact is green, that means Ringgit has weakened against USD. If you say currency impact rallies, RIP MYR. This post has been edited by honsiong: Dec 4 2018, 09:01 PM |
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Dec 4 2018, 09:07 PM
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Senior Member
5,752 posts Joined: Jan 2012
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QUOTE(honsiong @ Dec 4 2018, 09:00 PM) The sum of difference of present USD/MYR and the times when you make deposits. I think that also. Basically this is the forex risk. That’s why it’s better to see how well SA is doing by only seeing USD return, sans currency impact. If currency impact is green, that means Ringgit has weakened against USD. If you say currency impact rallies, RIP MYR. the main factor is the day when they convert MYR to USD. The rate of that day really important. Seeing currency impact and portfolio return is so confusing. So if now, MYR weak, meaning impact higher? And USD rally, We gg?   I noticed, Currency impact trun grey, the return up. the return down, currency impact will green. if like that balance jialat lo |
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Dec 4 2018, 09:16 PM
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Senior Member
3,182 posts Joined: Nov 2008 From: KL
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QUOTE(Ancient-XinG- @ Dec 4 2018, 09:07 PM) I think that also. I rather return up, currency gray.the main factor is the day when they convert MYR to USD. The rate of that day really important. Seeing currency impact and portfolio return is so confusing. So if now, MYR weak, meaning impact higher? And USD rally, We gg? :confused: I noticed, Currency impact trun grey, the return up. the return down, currency impact will green. if like that balance jialat lo |
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Dec 4 2018, 09:20 PM
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Senior Member
2,175 posts Joined: Mar 2016
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QUOTE(Ancient-XinG- @ Dec 4 2018, 09:07 PM) I think that also. As i said last time, If you bought already, then when USD rally, technically you gain lots from forex. It really depends on your entry If you think MYR going to increase, best just invest locally .the main factor is the day when they convert MYR to USD. The rate of that day really important. Seeing currency impact and portfolio return is so confusing. So if now, MYR weak, meaning impact higher? And USD rally, We gg? I noticed, Currency impact trun grey, the return up. the return down, currency impact will green. if like that balance jialat lo |
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Dec 4 2018, 10:11 PM
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Senior Member
3,182 posts Joined: Nov 2008 From: KL
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QUOTE(Krv23490 @ Dec 4 2018, 09:20 PM) As i said last time, If you bought already, then when USD rally, technically you gain lots from forex. It really depends on your entry If you think MYR going to increase, best just invest locally . The reason to invest elsewhere is to hedge against inherent instability of lower cap currencies like MYR.Yes you lose money IF MYR rallies, but you pay to keep your purchasing power. There is a chance Malaysia can end up like Venezuela. You don’t want all your purchasing power disappears coz a few people scrww up. |
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Dec 4 2018, 10:47 PM
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Senior Member
2,175 posts Joined: Mar 2016
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QUOTE(honsiong @ Dec 4 2018, 10:11 PM) The reason to invest elsewhere is to hedge against inherent instability of lower cap currencies like MYR. I totally agree, my singapore and us portfolio > more than malaysia holdings now as well. Been slowly building up since last time.Yes you lose money IF MYR rallies, but you pay to keep your purchasing power. There is a chance Malaysia can end up like Venezuela. You don’t want all your purchasing power disappears coz a few people scrww up. |
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Dec 5 2018, 02:16 PM
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Senior Member
5,752 posts Joined: Jan 2012
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QUOTE(Krv23490 @ Dec 4 2018, 09:20 PM) As i said last time, If you bought already, then when USD rally, technically you gain lots from forex. It really depends on your entry If you think MYR going to increase, best just invest locally . QUOTE(honsiong @ Dec 4 2018, 10:11 PM) The reason to invest elsewhere is to hedge against inherent instability of lower cap currencies like MYR. Yes you lose money IF MYR rallies, but you pay to keep your purchasing power. There is a chance Malaysia can end up like Venezuela. You don’t want all your purchasing power disappears coz a few people scrww up. QUOTE(Krv23490 @ Dec 4 2018, 10:47 PM) I totally agree, my singapore and us portfolio > more than malaysia holdings now as well. Been slowly building up since last time. Good points. SA I think by far easiest for the Malaysian to invest ETF abroad. Instability of MYR exposed now. If DCA in SA, I think the currency impact wont be that pain. |
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Dec 5 2018, 07:25 PM
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Senior Member
2,175 posts Joined: Mar 2016
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QUOTE(Ancient-XinG- @ Dec 5 2018, 02:16 PM) Good points. Yes, thats why i like it alot, seems to be quite a reasonable charge (max 0.8%) to grant us access to ETF's easily. SA I think by far easiest for the Malaysian to invest ETF abroad. Instability of MYR exposed now. If DCA in SA, I think the currency impact wont be that pain. The last time i check, the forex rate was reasonable as well |
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Dec 6 2018, 06:23 PM
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Junior Member
230 posts Joined: Aug 2010
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what is you guys insight or return expectation in-term of percentage in year?
e.g. 5%/year or 15%/3years mind to share? BTW i have opening an account and start invest too. |
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Dec 6 2018, 09:37 PM
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Senior Member
3,182 posts Joined: Nov 2008 From: KL
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Put only RM100 at 6.5% risk. Macam ni lor.
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Dec 6 2018, 10:11 PM
Show posts by this member only | IPv6 | Post
#316
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Senior Member
1,220 posts Joined: Dec 2016
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Imagine I choose highest risk , deposit 10k +200 every month for 20years, then ada 487k .
But 50% probability cannot reach the goal . U guyz oso play like that ar ?? Work meh ??? This post has been edited by DBHILUHDAQWISRTNJ: Dec 6 2018, 10:13 PM |
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Dec 6 2018, 10:21 PM
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Senior Member
785 posts Joined: Mar 2012
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QUOTE(DBHILUHDAQWISRTNJ @ Dec 6 2018, 10:11 PM) Imagine I choose highest risk , deposit 10k +200 every month for 20years, then ada 487k . Normally, any investment company will said historical performance is not indicative of the future or likely performance. But 50% probability cannot reach the goal . U guyz oso play like that ar ?? Work meh ??? This is the first time I saw advertisement like this - based on historical performance there is 50% chance you will reach or exceed the goal.  |
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Dec 6 2018, 10:27 PM
Show posts by this member only | IPv6 | Post
#318
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Senior Member
1,220 posts Joined: Dec 2016
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QUOTE(vanitas @ Dec 6 2018, 10:21 PM) Normally, any investment company will said historical performance is not indicative of the future or likely performance. Harlo bang , nice to see u again .This is the first time I saw advertisement like this - based on historical performance there is 50% chance you will reach or exceed the goal. Yawo , 50% chance will reach <---- sounds like Mao tipu unker . |
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Dec 6 2018, 10:50 PM
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Senior Member
3,182 posts Joined: Nov 2008 From: KL
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QUOTE(DBHILUHDAQWISRTNJ @ Dec 6 2018, 10:11 PM) Imagine I choose highest risk , deposit 10k +200 every month for 20years, then ada 487k . Yes, I put 36%. Once you reach certain age, dial the risk down when the market is doing well, lock in the profit and let it sell risky equities, buy safer bonds.But 50% probability cannot reach the goal . U guyz oso play like that ar ?? Work meh ??? |
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Dec 6 2018, 10:56 PM
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Senior Member
1,042 posts Joined: Jan 2003
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QUOTE(williamlee_1985 @ Dec 4 2018, 12:03 PM) Registered, sent my IC with cross, but asked to resend without any cross. Anyone facing this too? Mine was sent crossed via whatsapp - was asked to resend due to crossing touching part of my face. Since mine is made with Photoshop I just repositioned the cross and it was accepted |
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