collingwood
You can go to the discussion here to see more about it haha.

https://forum.lowyat.net/index.php?showtopi...&#entry92086733

This post has been edited by neverfap: Aug 27 2019, 03:59 PM

Honsiong still at 6.5?

Reits not bad hehe
As for SA, currently at 36%
The risk percentage just based on personal risk appetite

Hi, a question here for the sifus.

In case there's a huge fall in the stock market or recession really happened. Will you guys lump sum in your spare cash or still dca at a normal rate?

This post has been edited by neverfap: Aug 28 2019, 08:51 PM

Currently on 36 and 6.5. The 36 now no more GLD. So can DCA more into the 36%.

Yup. Now just a more "exciting" roller coaster .

Same case with JomPay.

26 night depo
27 noon received
27 night conversion and buy order
28 complete

Print money hehe

Honsiong mean dial up the 6.5 port right?

U will be charged a total of RM4 (RM4000 * 0.1%) for the currency exchange fee.
So u will receive RM3996 and balance will be RM6000 if there's no movement in the currency/market.

If let say you have 10k myr, the management fee will be 0.8% p.a

So the fee will be (10000 * 0.008) / 12 for the month will be RM 6.67?

But I not sure whether it will calculate based on your everyday balance or not. Need sifus here to clarify it. In the mean time, I will ask the cs to get a more accurate answer

This post has been edited by neverfap: Aug 29 2019, 06:00 PM

Complete the quiz in sgx and score 90% and above. Then send the certificate to SA cs whatsapp

You can take the test here
https://onlineeducation.sgx.com/specifiedinvestmentproducts/

This post has been edited by neverfap: Aug 29 2019, 11:14 PM

Reply from StashAway:

Our management fee ranges from 0.2%-0.8% per annum. It is charged monthly, on a pro rata basis, on the average Assets under Management (AUM) of that month. Kindly note that the average AUM also includes any returns made on the portfolio. This fee includes the cost of executing the ETF transactions, rebalancing your portfolio and changing your asset mix when economic conditions change (re-optimization). There is no additional brokerage/ transaction fee or any other fee.

Please note that ETFs charge, on average, an expense ratio of 0.15%-0.25%. This is charged over the course of the year in the form of adjustments to the Net Asset Value. This is not an actual cash flow borne by you. It is offset by the EFT funds before distributing the returns back to you. This expense ratio is incurred regardless of what platform you use to purchase ETFs.

There is also a currency conversion fee of 0.1% on the spot rate charged by our broker. This fee is much lower than what you will get with most banks on the street. Also, just to share, 0.1% is 0.001. If you watch the way currencies move in any given day, it will probably move by more than that in any given day.

Besides those, there are no other charges charged to you. Hope this clarifies

High risk not = high return

Did Quazacolt mean the fpx when setting up for direct debit?

This post has been edited by neverfap: Aug 31 2019, 11:02 AM

If you are investing for a goal with a specific amount in mind. Then when SA hit your target, you can just withdraw and use it assuming your goal when setting up SA is to purchase something like a house or a car.

But if it's for long long term (retirement for eg) and you are concerning about the risk of losing your capital or maybe the return from your investment then its better to lower down the risk. Also 6.5% is mostly bonds, reits and other fixed income etc as mentioned by CardNoob which will gives you dividend each month. Maybe that risk profile is more suitable for you?

Haha. Yup
I'm searching for it too
But I remember the only time I use it is when I wanna link my back account to SA for direct debit.

Or maybe there's latest update for manual depo?

Currency impact maybe? And ETF in your portfolio is performing well?
Check the usd yield too.

Btw the "earlier" in your statement is how long apart?

Manual deposit (ibg or jompay?) or direct debit?

Then its quite delayed.
They still need to up their consistency

Why wanna enter fake one lol

Haha. Use the existing account then. If didn't reach the 90%,you can always retake it.

If based on your statement, means that we will stop depositing if the market goes up?