Ok, honsiong, thanks for compiling the information, for the sake of comparison.

Your previous post said that StashAway credits refund amount from dividend withholding tax into your account in October, for the investment performed in the preceding year.


For each gov bond, was the crediting of the refund amount done in a single transaction, or multiple transactions?


Maybe, for your case, StashAway refunded 46% of Dividend Withholding Tax in the first transaction, and then credited the remaining 54% in the second transactions. Both crediting transactions were performed in October this year.


Your screenshot of your Google sheet shows that StashAway managed to refund almost all Dividend Withholding Tax (= 30% of the Dividend) automatically, and that is good.


Maybe, you just remind StashAway to refund the remaining Dividend Withholding Tax for CWB (30% - 7.09% = 20.91%), as it is rightfully your money. With that final refund, you are all good.

This post has been edited by kart: Dec 30 2018, 04:48 PM

The 46% is not constant and varies from investor to investor. This blogger's email only write 34% as opposed to my 46%. I suspect it has a lot to do with CWB's nature?

The crediting is done once for each bond on the same day.

This post has been edited by honsiong: Dec 30 2018, 05:31 PM

Stashaway recommends 18% risk, but If im going for the long run, recommended to take higher risk?

Really depends on your risk appetite!

MBB so far only monthly.

thanks guyz for the recommendation. i just set CIMB weekly standing instruction of Rm50.

Yes long run better to choose 36% as it give more return

Not advisable for those who can’t be sure of their risk appetite.

This post has been edited by honsiong: Dec 31 2018, 09:49 PM

I was thinking just to dca every week a small amount, just started working so still young. Might as well take higher risk, just wondering since a number here take higher risk.

yes that the way.
every week 100 should be ok

just a reminder, becareful with fees and charges, dca too often may not be a good idea, dca can eat up your profit sometimes

does matter u dca too much or what the fee charges is still the same

They don’t charge on deposit.

Today already 1-1-2019, why the DEC 2018 statement is not there yet?

Got delay few days, ur banks also dont generate statement PDF that fast mah.

It is quite difficult to time the market using SA, isn't it?

So lets say that I am anticipating a market surge today, switching from 6% to 36%, chances are SA is buying the ETFs at the price that is the day after, right? and vice versa etc.

Yeah I know, I am in it for the long haul too, but I am just curious.

Indeed, so you have to time the market few days in advance too.

I wish it was immediately on the night they receive our deposit also

Sad

I don't mind that they make the actual transaction later

but I was hoping that the price would be based on when we make the transaction, or closing price at least.

In a way is good also la, because maybe if thats the case , will have more speculators. Then they have to trade more hence higher transaction costs.

If not mistaken, i had a conversation with someone from OCBC regarding loan before and they said cant instant transfer to foreign banks. (but i use instant transfer for Citibank credit card can.) Maybe thats why an additional day for StashAway .

Why time the market if you believed in Stash Away or ETF investment as your choice?

JL Collins says: "Time in the market is better than time the market", "Best day to invest was yesterday, second best day is today"

Happy New Year

Timing the market is not good, but it's fun to do I guess. The best "timing the market" thing we do with StashAway is just DCA on every Monday.