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 StashAway MY, New instrument for Malaysian?

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tadashi987
post Dec 30 2018, 11:55 AM

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QUOTE(honsiong @ Dec 26 2018, 04:50 PM)
Malaysians and Singaporeans don't need to pay capital gains tax.

StashAway and their broker Saxo also help customers do withholding tax refund, but this one has significant delays, like I only got withholding tax reimbursement in October for FY 2017 investments, check with their customer support.

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

or we need to request somewhere on the platform?
tadashi987
post Jan 2 2019, 03:51 PM

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really hope this SA stay strong and always there, haha

since right now SA is my only one investment channel, other i not dare to touch since market not good and volatile.

BTW on SA, if i create multiple portfolio, let say portfolio A, and portfolio B
there is no ways for me to decide for let say i only want monly deposit 800 to A, but want to montly deposit 1000 to B?

the deposit will be auto split to half for both portfolio?
tadashi987
post Jan 3 2019, 05:32 PM

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Hi guys i just received statement from SA and not quite understand on this part

I invested 1188 one shot in december
now still 1188, planning to do dca every momnth 1000, starting from this weekend

in the statement
What are below means?

Monthly-averaged assets: RM38.46
Less: Fee-waived assets -RM38.46

from where the figure RM38.46 calculated from?

is this related to the management fee? icon_question.gif

This post has been edited by tadashi987: Jan 3 2019, 06:15 PM
tadashi987
post Jan 3 2019, 05:56 PM

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QUOTE(Krv23490 @ Jan 3 2019, 05:53 PM)
Ah i think cause you invested it late december ? Then they count average..
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how the average calculation works? confused.gif
tadashi987
post Jan 3 2019, 09:13 PM

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QUOTE(Krv23490 @ Jan 3 2019, 08:27 PM)
when did you dump in your rm 1k ?
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late december
tadashi987
post Jan 3 2019, 10:01 PM

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QUOTE(Krv23490 @ Jan 3 2019, 09:58 PM)
Rm1188/31 = Rm38.32

Assuming you deposit in few days before you and SA bought your ETFs on the last/second last trading day of the year.

Am i right ?I am also curious
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ya i think this is it, at i thought is the fee applicable whistling.gif
tadashi987
post Jan 4 2019, 03:49 PM

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hey asking a noobie question here

By saying buying ETF is safer than buying stock
since ETF wont outperform underlying stock
buy might underperform

If there is a crisis of stock market crash/ disaster
the impact would be much lower than normal stock also?

tadashi987
post Jan 4 2019, 04:01 PM

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QUOTE(honsiong @ Jan 4 2019, 03:59 PM)
Define normal stock.

It’s not buying ETF is safer, ETF simply tracks an index and it turns out most active traders underperform vs indexes.

There are dangerous ETF like short shares, leverage etc.
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normal stock like buying apple or facebook etc.

newbie to investment, hope u guys dont mind smile.gif
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
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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tadashi987
post Jan 8 2019, 12:14 PM

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QUOTE(honsiong @ Jan 8 2019, 12:05 PM)
Good boi. You just need to say you invested in ETFs before can ady.

I too honest last time so kena take quiz. When they launch in Malaysia I am not that stupid dy.
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lol seriously darn, you know how much effort i took to pass the test hahaha

then the next day i called them i need them unlock for me
i didnt aware this, they said they need ask me few question

then i replied: WHY? I ALREADY PASSED THE TEST

by then they skipped the questionaire and straight unlock for me

now only i know no need to do the test also can unlock, sad sweat.gif
tadashi987
post Jan 8 2019, 01:00 PM

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QUOTE(Krv23490 @ Jan 8 2019, 12:45 PM)
LOL. Can resit exam ah ?
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You can try call and see if they can unlock for u

like honsiong said maybe just need to said u invested in etf before, just stfu and unlock for me hahaa

dont be like, i spend whole night failing so many times just to pass mega_shok.gif
tadashi987
post Jan 8 2019, 01:12 PM

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QUOTE(Ancient-XinG- @ Jan 8 2019, 01:11 PM)
me old liao. cr8 profile very eat my energy.
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this is mine with 36 riskAttached Image
tadashi987
post Jan 8 2019, 01:13 PM

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QUOTE(honsiong @ Jan 8 2019, 12:33 PM)
BTW the test is required by MAS in Singapore when you want to trade those ETFs and leveraged stuff. Malaysia probably does not have similar requirements maybe?
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Malaysian 9 out of 10 has not even know what is ETF maybe icon_question.gif
tadashi987
post Jan 8 2019, 01:57 PM

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QUOTE(ahpooki @ Jan 8 2019, 01:36 PM)
mine's at 30% and i'm down 4.6% !!
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Ah I think in made mistake this ain’t allocation percent but PL percent

I entered around end of December Which is low so now up

tadashi987
post Jan 8 2019, 03:46 PM

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QUOTE(SwarmTroll @ Jan 8 2019, 03:26 PM)
Wait Malaysia doesnt have issue to invest to 36% no? Dont remember any questionaires.
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normal dont, u need them to unlock for u
FAQ]

the questionaires is not on the platforom, u need to call them
tadashi987
post Jan 17 2019, 09:35 PM

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QUOTE(honsiong @ Jan 17 2019, 06:45 PM)
If you see what happened with MoolahSense, and their absurd 1/3 reported default rate, you probably will think twice what you just said.

StashAway may be -ve bcoz of market conditions, but unlike Funding Societies, you are super unlikely to have your principal wiped out.

When recession hits, defaults happen, or funding societies due diligence team slips up a bit, you wanna recover capital also much much more difficult than stashaway or normal ETFs.
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i agree, comparing SA with funding sociesties really doesn't make much sense for me.

And also, people really need to understand SA is purchasing ETF, ETF is based on share, share will go up and down. whistling.gif
tadashi987
post Jan 18 2019, 03:17 PM

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QUOTE(B500 @ Jan 18 2019, 02:25 PM)
Is there a way to be able to print out SA statement? Can't seem to save it on our device, much less print it out..
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for computer, i think they do send out the monthly statement to your email, then u can print it out
and also if u login, under account -> statement, can download the monthly statement pdf also

for mobile, the app sidebar has statement module, can save the pdf bile inside ur mobile device

tadashi987
post Jan 30 2019, 06:39 PM

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36risk, 5.6% one month old, was higher one/two days back, but now drop because us market not good lol

This post has been edited by tadashi987: Jan 30 2019, 06:40 PM
tadashi987
post Jan 31 2019, 12:36 AM

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MYR, USD 6.3%

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