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Investment StashAway Malaysia, Multi-Region ETF at your fingertips!

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lovingforyou
post Jan 14 2021, 11:12 PM

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QUOTE(stormseeker92 @ Jan 14 2021, 11:02 PM)
Why dont you just use recurring deposit?
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Because i want specific day of the week?
I don't aware that recurring deposit can be done like this
ironman16
post Jan 14 2021, 11:14 PM

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QUOTE(lovingforyou @ Jan 14 2021, 10:55 PM)
Select portfolio > Deposit > Schedule a one-time deposit > Select direct debit bank account > To desire portfolio > Deposit Date & Amount
I keep repeating above , each tap tap tap on my phone take 30 seconds
But i don't had any idea how long time needed for SA debit my account and proceed order

user posted image
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u only can set date , not day (sunday)..... sweat.gif

normally i use recurring deposit

i go my banking account set the SI (standing instruction ).... brows.gif

This post has been edited by ironman16: Jan 14 2021, 11:17 PM
lovingforyou
post Jan 14 2021, 11:16 PM

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QUOTE(lovingforyou @ Jan 14 2021, 10:55 PM)
Select portfolio > Deposit > Schedule a one-time deposit > Select direct debit bank account > To desire portfolio > Deposit Date & Amount
I keep repeating above , each tap tap tap on my phone take 30 seconds
But i don't had any idea how long time needed for SA debit my account and proceed order

user posted image
*
QUOTE(ironman16 @ Jan 14 2021, 11:14 PM)
u only can set date , not day (sunday)..... sweat.gif

normally i use recurring deposit
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Above provided screenshot is my portfolio that had been set to every Sunday this month
ironman16
post Jan 14 2021, 11:17 PM

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QUOTE(lovingforyou @ Jan 14 2021, 11:16 PM)
Above provided screenshot is my portfolio that had been set to every Sunday this month
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how about next month? hmm.gif hmm.gif hmm.gif

if in hong leong , i can set weekly/bi weekly/monthly/anually SI brows.gif

This post has been edited by ironman16: Jan 14 2021, 11:21 PM
lovingforyou
post Jan 14 2021, 11:25 PM

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QUOTE(ironman16 @ Jan 14 2021, 11:17 PM)
how about next month?  hmm.gif  hmm.gif  hmm.gif

if in hong leong , i can set weekly/bi weekly/monthly/anually  SI  brows.gif
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Probably repeat to set the one-time deposit
Weekly (Sunday) deposit on weekly dca basis thumbup.gif
Thats why i asking, which 'day' will be better to set up the dca (Fri, Sat, Sun?)
genesic
post Jan 14 2021, 11:35 PM

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QUOTE(lovingforyou @ Jan 15 2021, 12:25 AM)
Probably repeat to set the one-time deposit
Weekly (Sunday) deposit on weekly dca basis  thumbup.gif
Thats why i asking, which 'day' will be better to set up the dca (Fri, Sat, Sun?)
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For me, I will avoid weekend knowing it will only be process on next working day. Furthermore you will lose the interest from your saving account for nothing if yours is high interest account.
lovingforyou
post Jan 14 2021, 11:40 PM

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QUOTE(genesic @ Jan 14 2021, 11:35 PM)
For me, I will avoid weekend knowing it will only be process on next working day. Furthermore you will lose the interest from your saving account for nothing if yours is high interest account.
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So probably Monday is probably 'better' then Sunday
What im thinking is, direct debit instruction made on Sunday, then during the working day (Monday), SA will proceed and proceed buy order and etc
Waiting for other sifus' reply thumbup.gif

ironman16
post Jan 14 2021, 11:52 PM

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QUOTE(lovingforyou @ Jan 14 2021, 11:25 PM)
Probably repeat to set the one-time deposit
Weekly (Sunday) deposit on weekly dca basis  thumbup.gif
Thats why i asking, which 'day' will be better to set up the dca (Fri, Sat, Sun?)
*
if u wanna repeating this process monthly is ok la.....up to u , but very tire only, have to set every month
i prefer auto.
i prefer on monday

bcoz my SI will execute early morning (normally around 8am), by 11am or 5pm SAMY will receive n execute the conversion process during night time (US working day) brows.gif
SUSxander83
post Jan 15 2021, 01:15 AM

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QUOTE(ironman16 @ Jan 14 2021, 11:52 PM)
if u wanna repeating this process monthly is ok la.....up to u , but very tire only, have to set every month
i prefer auto.
i prefer on monday

bcoz my SI will execute early morning (normally around 8am), by 11am or 5pm SAMY will receive n execute the conversion process during night time (US working day)  brows.gif
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Monday FX rate if opens higher then conversion rate less

Sunday still depends on the week before FX rate

But the difference only will be seen for those investing more than RM4000 hence those with smaller will gain or loss due to FX mini rounding

For Example 4 Jan FX rate after minus 0.1% conversion 0.2496
5 Jan 0.25
14 Jan 0.2475

For those small micro saver as it is good for the sharks who are paying less in management fees rclxm9.gif
ironman16
post Jan 15 2021, 02:07 AM

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QUOTE(xander83 @ Jan 15 2021, 01:15 AM)
Monday FX rate if opens higher then conversion rate less

Sunday still depends on the week before FX rate

But the difference only will be seen for those investing more than RM4000 hence those with smaller will gain or loss due to FX mini rounding

For Example 4 Jan FX rate after minus 0.1% conversion 0.2496
5 Jan 0.25
14 Jan 0.2475

For those small micro saver as it is good for the sharks who are paying less in management fees  rclxm9.gif
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😂😂😂
Too pro liao lije this
lovingforyou
post Jan 15 2021, 08:28 AM

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QUOTE(xander83 @ Jan 15 2021, 01:15 AM)
Monday FX rate if opens higher then conversion rate less

Sunday still depends on the week before FX rate

But the difference only will be seen for those investing more than RM4000 hence those with smaller will gain or loss due to FX mini rounding

For Example 4 Jan FX rate after minus 0.1% conversion 0.2496
5 Jan 0.25
14 Jan 0.2475

For those small micro saver as it is good for the sharks who are paying less in management fees  rclxm9.gif
*
Godlike level
ironman16
post Jan 15 2021, 10:35 AM

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QUOTE(lovingforyou @ Jan 15 2021, 08:28 AM)
Godlike level
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follow god lvl punya point, u should execute ur deposit on wednesday liao (play safe)..... whistling.gif
GrumpyNooby
post Jan 15 2021, 10:44 AM

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Why are they even talking about Bitcoin when they even offer such product? hmm.gif

Here's how you can responsibly manage bitcoin in your portfolio: https://bit.ly/38t2BeX


cucumber
post Jan 15 2021, 10:51 AM

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QUOTE(GrumpyNooby @ Jan 15 2021, 10:44 AM)
Why are they even talking about Bitcoin when they even offer such product?  hmm.gif

Here's how you can responsibly manage bitcoin in your portfolio: https://bit.ly/38t2BeX


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It'll be cool if they include BTC in their products.. I'll definitely be interested.
GrumpyNooby
post Jan 15 2021, 10:52 AM

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QUOTE(cucumber @ Jan 15 2021, 10:51 AM)
It'll be cool if they include BTC in their products.. I'll definitely be interested.
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I feel the same as you too!
stormseeker92
post Jan 15 2021, 10:54 AM

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QUOTE(GrumpyNooby @ Jan 15 2021, 10:52 AM)
I feel the same as you too!
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Probably hints of next optimisation?
GrumpyNooby
post Jan 15 2021, 10:57 AM

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QUOTE(stormseeker92 @ Jan 15 2021, 10:54 AM)
Probably hints of next optimisation?
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If they want to offer BTC, they can do it as supplementary portfolio like Gold Portfolio in Wahed.
ironman16
post Jan 15 2021, 10:58 AM

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QUOTE(GrumpyNooby @ Jan 15 2021, 10:57 AM)
If they want to offer BTC, they can do it as supplementary portfolio like Gold Portfolio in Wahed.
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thumbup.gif thumbup.gif thumbup.gif
i like ur suggestion....
cucumber
post Jan 15 2021, 11:25 AM

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QUOTE(GrumpyNooby @ Jan 15 2021, 10:57 AM)
If they want to offer BTC, they can do it as supplementary portfolio like Gold Portfolio in Wahed.
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I dont mind if they split the gold & allocate a little bit into btc, we all know well btc performed over the past decade. Or maybe include it in a special portfolio like you said for ppl who are comfortable with crypto.

This post has been edited by cucumber: Jan 15 2021, 11:26 AM
stormseeker92
post Jan 15 2021, 11:33 AM

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QUOTE(GrumpyNooby @ Jan 15 2021, 10:57 AM)
If they want to offer BTC, they can do it as supplementary portfolio like Gold Portfolio in Wahed.
*
Or maybe split 20% GLD to 10% GLD and 10% BTC?

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