I cant remember if I used a referral code to sign up, is there a way to check? Cant find it in the app

You can check it on the desktop version

This post has been edited by Gabriel03: Dec 28 2018, 09:34 PM

Under setting, active promotion. If u used a code will show there.

whatsap support is 24x7?

Lots of green these few days.. But the currency impact is impacting those figures in RM..

This post has been edited by B500: Dec 29 2018, 12:45 PM

still cannot recoup the loss.
still in negative territory.

Well, most likely it will continue to be in the red for quite a while if recession happens.

Yea I have been seeing red most of the time from 2017Q3.

Just stick to consistent weekly deposits.

any idea can weekly deposit for MBB?

just deposit manually

1. Open a CIMB account
2. Transfer all money from MBB to CIMB
3. Setup standing instruction on CIMB clicks
4. Flip a bird to MBB

I think you can just set schedule transfer from MBB

honsiong

Here is what I understand about the amount of tax refund from your screenshot. So, kindly correct my misunderstanding, if there is any.


Dividend Withholding Tax = 30% of the Dividend

Refund Amount from Dividend Withholding Tax = 46% of Dividend Withholding Tax
Refund Amount from Dividend Withholding Tax = 46% x 30% of the dividend = 13.8% of the dividend

Thus,

Unrefunded Amount from Dividend Withholding Tax
= (100% - 46%) from Dividend Withholding Tax x 30% of the dividend = 54% x 30% of the dividend
= 16.2% of the dividend

In other words, StashAway and their broker Saxo are unable to assist in claiming back the remaining Dividend Withholding Tax (= 16.2% of the dividend), from the US tax authorities, since we Malaysians are not US tax resident.

So, we have to accept that 16.2% of the dividend is lost, and we have to reduce our dividend yield of our investment in StashAway accordingly.


Thank you for your clarification.

This post has been edited by kart: Dec 30 2018, 01:56 PM

Anyone of u switched for higher risk to lower risk portfolio?

Me. reduce to 6.6%. Now only lost 1.1%

hi pals wanna enquire, for the wildholding tax refund, they will do it spontaneously?

or we need to request somewhere on the platform?

Eh the specifics I think better ask their customer support. But the amount returned macam not that life changing also, so maybe you are right.


Spontaneously.

I re read and re read. I still don't understand the tax part.

so conclusion, are we very obvious at the losing part due to the tax?

or the claimant amount negligible?

16% seems a lot.

and the dividend etf with withholding tax... what's the point of dividend etf? isn't it useless??

This post has been edited by [Ancient]-XinG-: Dec 30 2018, 01:32 PM

Deleted

This post has been edited by Gabriel03: Dec 30 2018, 01:10 PM

Just compiled all dividend payouts in FY 2017.

For each bonds:
1. x = sum of payouts in 2017
2. dividend_before_tax = x * 10 / 7 // coz 30% deducted
3. reimburse_% = reimbursed_amount / dividend_before_tax



I may have make mistakes here, so the gov bonds macam refund all the withholding taxes, except CWB.

This post has been edited by honsiong: Dec 30 2018, 02:48 PM