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 StashAway MY, New instrument for Malaysian?

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ChessRook
post Nov 9 2018, 09:33 PM

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Yes i confirm. The app shows the investments amount
ChessRook
post Nov 12 2018, 09:32 AM

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QUOTE(Avangelice @ Nov 12 2018, 09:07 AM)
dang it I am placed on a wait list
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Stashaway is testing their features so in a few months time you can invest
ChessRook
post Nov 12 2018, 09:33 AM

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QUOTE(Ancient-XinG- @ Nov 12 2018, 08:30 AM)
yes. IBG all correct. I only have m2u
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You need to contact their customer service. They will respond to you since you are the select few in the testing stage

This post has been edited by ChessRook: Nov 12 2018, 09:33 AM
ChessRook
post Nov 29 2018, 07:53 AM

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QUOTE(Keitsu @ Nov 29 2018, 03:05 AM)
just checking, everyone sudah upload (crossed for stashaway) IC kan? lol
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Yes.

This post has been edited by ChessRook: Nov 29 2018, 07:53 AM
ChessRook
post Feb 5 2019, 08:00 AM

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QUOTE(blackseed202 @ Feb 5 2019, 06:31 AM)
So thats their only etf available?

Interesting. Not much choice is it? Other international funds not available?

Where did you get the list?
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The list is from their website when one changes the risk rate
ChessRook
post Feb 7 2019, 06:17 PM

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QUOTE(tadashi987 @ Feb 7 2019, 04:59 PM)
not sure if someone enquire on this before

said if today i submit withdrawal, my portfolio value is $1000, with currency impact +$100, theoretically i should get $1000 (value when i submit withdrawal) in my bank acc

but they take time to sell, convert etc, which would be done maybe T+1, T+2

on the day T+1, T+2, the currency impact might become -$100

so end out they will follow the impact/rate on the day they convert/sell, which mean end out i might only get $900?
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I believed it is forward pricing. so t+whatever day they actual convert. otherwise, they exposed themselves to exchange rate risk
ChessRook
post Feb 7 2019, 07:20 PM

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QUOTE(preducer @ Feb 7 2019, 06:38 PM)
https://www.stashaway.my/faq/360009270394-w...my-bank-account

What do u mean expose themselves? I dont see them losing anything, we are the losing party if the rate goes down.
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that's what i meant.
ChessRook
post Feb 8 2019, 11:04 AM

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QUOTE(tadashi987 @ Feb 8 2019, 10:51 AM)
btw, UT unit trust like FSM etc also work such way?  hmm.gif
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yes, the margin from the fees these companies are quite low. so i don't expect them to bear the exchange rate risk
ChessRook
post Feb 14 2019, 12:47 PM

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This morning there is a BFM interview of Stashaway. Here is the link to the podcast:

https://www.bfm.my/rns-freddy-lim-stashaway...for-your-future

An interesting interview worth listening. rclxms.gif
ChessRook
post Mar 1 2019, 04:02 PM

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QUOTE(Ancient-XinG- @ Mar 1 2019, 12:45 PM)
Wish to lump sump 5000.00 MYR but I choose to DCA it in 20 business day.

But.....

Their deposit is so slow.... end up 1 week only FX 2 to 3 times....

Making my daily DCA not effective.... doh.gif
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I use Jompay and it took 1-2 days for the deposit. it will take another 3-4 days for them to invest.

This post has been edited by ChessRook: Mar 1 2019, 04:02 PM
ChessRook
post Mar 2 2019, 12:28 PM

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QUOTE(Ancient-XinG- @ Mar 2 2019, 11:44 AM)
Got lump sump but I choose not to do it. So just DCA daily it to spread it out....

Manatao so ineffective and inefficient... doh.gif
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The idea of DCA is to get the average price when investing. If one does it daily, then the price movements are not that significant. One also has to take the effort to do it daily. Thats another costs.

The key of DCA is to protect from buying at the extreme high, the peak. There is nothing in DCA that's say daily or give time frame. For myself, i just divide the amount by 3 and just invest at 1-2 months interval

This post has been edited by ChessRook: Mar 2 2019, 12:32 PM
ChessRook
post Mar 7 2019, 11:10 AM

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QUOTE(Krv23490 @ Mar 7 2019, 10:56 AM)
Hmm, transferred money at 2pm yesterday, no notification that SA received my deposit
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I transferred yesterday before 10 am, I just received notification just now. You might try again tomorrow. If it doesn't appear, you want to email their support staff.



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