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 StashAway MY, New instrument for Malaysian?

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cheefai7
post Nov 29 2018, 09:07 AM

making coffee constantly
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QUOTE(Ancient-XinG- @ Nov 28 2018, 09:53 PM)
huh?
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Which still serving loan right? Which is the right move.
cheefai7
post Nov 29 2018, 10:18 AM

making coffee constantly
****
Senior Member
609 posts

Joined: Apr 2006



QUOTE(honsiong @ Nov 29 2018, 09:31 AM)
So people repaying loans for next decades are locked out? Wanna know if it’s a mistake or they have reasons behind it.
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probably, if you were bootstrapped 2 mortgages and 2 car loan is not eligible for enrollment. Or like what others suggested, being dishonest.
cheefai7
post Nov 30 2018, 10:12 AM

making coffee constantly
****
Senior Member
609 posts

Joined: Apr 2006



QUOTE(klthor @ Nov 30 2018, 08:59 AM)
bank negara capital control, so nothing to do with risk or whatever investment or loan. bank negara doesnt want normal peep like us to borrow loan locally, sell RM and get USD or other foreign currencies.
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This is the valid economist pov. But i dont think BNM is able to enforce that efficiently by letting normal peep like us to answer honestly on the questionnaire.

cheefai7
post Jan 2 2019, 02:27 PM

making coffee constantly
****
Senior Member
609 posts

Joined: Apr 2006



QUOTE(ViktorJ @ Jan 1 2019, 06:51 PM)
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.
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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
cheefai7
post Jan 2 2019, 05:12 PM

making coffee constantly
****
Senior Member
609 posts

Joined: Apr 2006



QUOTE(honsiong @ Jan 2 2019, 02:36 PM)
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.
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Understand your passion. If I were you, i would conserve my energy and time to create value elsewhere, where I am specialized in doing or passionate.

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