QUOTE(pinksapphire @ May 10 2021, 11:52 AM)
Ohh, so it means when we withdraw next time when MYR is even stronger than now against USD, we shall lose when USD is converted back to MYR?
If what I understand is correct, and sounds silly as it goes, when we buy more during strong MYR (let's say now), we should be hoping that MYR is weaker during withdrawal, is that right?
...and if the above is right, then I can grasp better what some had commented about the currency exchange factor if we invest more into SA now.
Buy on USD weakness and sell on USD strength which you are in control
The only you cannot time would be the entry price if each ETF hence you need to do your DD beforehand because like those who enter during Feb on KWEB would be suffering losses as much as 30% while luckily because GLD price which are rising now helping to cushion the blow
QUOTE(zstan @ May 10 2021, 12:42 PM)
he entered at 10k and then subsequently DCA 1k everymonth. a fair comparison would be to deposit 1k for 10 more months to even out the initial investment.
A fair comparison would be initial deposit of rm5k and then buying on dips of march and April with rm3.5k each which helps on the FX conversions which should be showing break even still even with current volatility