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 StashAway MY, New instrument for Malaysian?

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TS[Ancient]-XinG-
post Jan 6 2019, 04:35 PM

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QUOTE(Krv23490 @ Jan 6 2019, 04:28 PM)
Yeah, thats why some like to look for those Irish domiciled funds ? i read before in some other thread.

If only Malaysia has more ETFs. Want to enter KLCI etf also must go US (local 1 by ambank quite low volume and correlation seems to be off abit )

Do you know any other platform with this much ease for 0.8% ?
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malaysia etf don't have any good counter...
so far I don't know any other platform yet.

QUOTE(honsiong @ Jan 6 2019, 04:30 PM)
You look at other robos in singapore, dont feel like we will have better access to intl market anytime soon.

Again I havent tried FSMone and other brokers out yet, how good is it?
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FSMONE in sg you mean?


B500
post Jan 7 2019, 07:45 PM

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Just saw a transaction "Currency Conversion", all seemed normal, until I noticed that this one from Usd to RM.. And for this case, they converted a small amount from usd to RM and I saw my RM balance deducted by that same amount. Anyone faced this before?
kelvinfixx
post Jan 7 2019, 07:47 PM

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I worried all invstor earn nothing at the end?
tadashi987
post Jan 7 2019, 07:48 PM

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QUOTE(kelvinfixx @ Jan 7 2019, 07:47 PM)
I worried all invstor earn nothing at the end?
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why the worry and how the worries comes from thou blink.gif
ViktorJ
post Jan 7 2019, 07:49 PM

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QUOTE(B500 @ Jan 7 2019, 07:45 PM)
Just saw a transaction  "Currency Conversion", all seemed normal, until I noticed that this one from Usd to RM.. And for this case, they converted a small amount from usd to RM and I saw my RM balance deducted by that same amount. Anyone faced this before?
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hmm interesting, my 6.5% doesn't have that transaction.

Anyone else with a higher risk profile has this?
honsiong
post Jan 7 2019, 07:58 PM

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QUOTE(ViktorJ @ Jan 7 2019, 07:49 PM)
hmm interesting, my 6.5% doesn't have that transaction.

Anyone else with a higher risk profile has this?
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In SG stashaway, they target 1% in SGD, and target 0% in USD. Then every month, they deduct SGD for management fee.

They could be doing same thing in ur account, but I noticed they macam didn’t keep a separate MYR asset, so it may be a design flaw they need to account for.

A lot of us are using referral code, so we won’t be seeing management fee for 6 months.
ViktorJ
post Jan 7 2019, 08:05 PM

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QUOTE(honsiong @ Jan 7 2019, 07:58 PM)
In SG stashaway, they target 1% in SGD, and target 0% in USD. Then every month, they deduct SGD for management fee.

They could be doing same thing in ur account, but I noticed they macam didn’t keep a separate MYR asset, so it may be a design flaw they need to account for.

A lot of us are using referral code, so we won’t be seeing management fee for 6 months.
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I think you are right. I am in my free-management-fee period too, is why I didn't see that transaction too, nor any MYR cash asset.
TS[Ancient]-XinG-
post Jan 7 2019, 08:51 PM

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hmm. maybe we will have that in coming months after the fee free months end.
Krv23490
post Jan 7 2019, 09:17 PM

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QUOTE(Ancient-XinG- @ Jan 7 2019, 08:51 PM)
hmm. maybe we will have that in coming months after the fee free months end.
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Yeah man, i am saving my wife's referral and the rest of my family's referral so i get a few years of free service. Plan wisely!
TS[Ancient]-XinG-
post Jan 7 2019, 09:28 PM

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QUOTE(Krv23490 @ Jan 7 2019, 09:17 PM)
Yeah man, i am saving my wife's referral and the rest of my family's referral so i get a few years of free service. Plan wisely!
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it's just .8%......
Krv23490
post Jan 7 2019, 09:36 PM

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QUOTE(Ancient-XinG- @ Jan 7 2019, 09:28 PM)
it's just .8%......
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Hahah yes yes i know. But can get free so might as well..
honsiong
post Jan 7 2019, 10:02 PM

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QUOTE(Krv23490 @ Jan 7 2019, 09:36 PM)
Hahah yes yes i know. But can get free so might as well..
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For .8% you rather miss out buying the dip?
Krv23490
post Jan 7 2019, 10:36 PM

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QUOTE(honsiong @ Jan 7 2019, 10:02 PM)
For .8% you rather miss out buying the dip?
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no no, i am still investing as normal . What i meant was , after my free referral expire in May, i will help my wife signup SA so i can get longer fee waiver.
preducer
post Jan 8 2019, 10:02 AM

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did anyone managed to do internal transfer from citibank account ? bc I have citibank cash account but not able to to transfer because account number is not recognised, which is weird.
SwarmTroll
post Jan 8 2019, 10:55 AM

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Is there a reason you guys are doing dca on monday? Is it because they buy the etf's on wed?
TS[Ancient]-XinG-
post Jan 8 2019, 11:04 AM

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QUOTE(SwarmTroll @ Jan 8 2019, 10:55 AM)
Is there a reason you guys are doing dca on monday? Is it because they buy the etf's on wed?
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for me...

can watch market movent for the past 1 week.

allow them to have time to reflect my amount timely before Friday.

Sunday I free. so sometime I dca on Sunday. thus will start on monday.

Krv23490
post Jan 8 2019, 11:32 AM

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QUOTE(Ancient-XinG- @ Jan 8 2019, 11:04 AM)
for me...

can watch market movent for the past 1 week.

allow them to have time to reflect my amount timely before Friday.

Sunday I free. so sometime I dca on Sunday. thus will start on monday.
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I just noticed, I transferred money on Friday, they received my funds yesterday and my etfs were bought as well.

USD -2.5
MYR -5.4

Risk index 36
honsiong
post Jan 8 2019, 11:36 AM

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QUOTE(Krv23490 @ Jan 8 2019, 11:32 AM)
I just noticed, I transferred money on Friday, they received my funds yesterday and my etfs were bought as well.

USD -2.5
MYR -5.4

Risk index 36
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Welcome to risk 36 club, there’s just 2 of us in this tered.
Krv23490
post Jan 8 2019, 11:47 AM

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QUOTE(honsiong @ Jan 8 2019, 11:36 AM)
Welcome to risk 36 club, there’s just 2 of us in this tered.
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Haha yay us, few weeks ago it was more -10% down.
tadashi987
post Jan 8 2019, 12:02 PM

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QUOTE(honsiong @ Jan 8 2019, 11:36 AM)
Welcome to risk 36 club, there’s just 2 of us in this tered.
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QUOTE(Krv23490 @ Jan 8 2019, 11:47 AM)
Haha yay us, few weeks ago it was more -10% down.
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Imma 36 too haha, took me one whole night to pass the test for 36 risk index

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