Welcome Guest ( Log In | Register )

33 Pages « < 6 7 8 9 10 > » Bottom

Outline · [ Standard ] · Linear+

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

views
     
stormseeker92
post Apr 13 2020, 08:37 PM

On my way
****
Junior Member
689 posts

Joined: Mar 2020


QUOTE(SillyKoala @ Apr 13 2020, 08:36 PM)
it is always 0.1% regardless of amount. so if you pay RM1000, you kena RM1. If you pay RM 33.33 x 30, you kena 0.03333 x 30, which is also RM1
*
Ok lol maths is not my forte anyways LMAO.
stormseeker92
post Apr 13 2020, 10:03 PM

On my way
****
Junior Member
689 posts

Joined: Mar 2020


QUOTE(backspace66 @ Apr 13 2020, 08:46 PM)
Wow man, u take DCA to the next level.
*
Next he has to do it by the hour.
stormseeker92
post Apr 13 2020, 11:03 PM

On my way
****
Junior Member
689 posts

Joined: Mar 2020


QUOTE(thecurious @ Apr 13 2020, 10:49 PM)
Is that why we have to wait 3-5 days for one deposit? lol...
*
Well technically if you deposit money, it takes time for the money to reach Stashaway (1-2 working days) and another 1 - 2 working days for them to reach the broker and for the broker to buy the ETFs.

Still, 2-3 days still long time
stormseeker92
post Apr 14 2020, 01:06 AM

On my way
****
Junior Member
689 posts

Joined: Mar 2020


QUOTE(kelvinfixx @ Apr 13 2020, 11:12 PM)
If do it everyday DCA, the return maybe worth it then the 0.1% conversion?
*
@SillyKoala already explained it tho "it is always 0.1% regardless of amount. so if you pay RM1000, you kena RM1. If you pay RM 33.33 x 30, you kena 0.03333 x 30, which is also RM1"

So it doesnt matter if you DCA daily, weekly or monthly if the amount remains the same per month.
stormseeker92
post Apr 14 2020, 12:25 PM

On my way
****
Junior Member
689 posts

Joined: Mar 2020


QUOTE(woonsc @ Apr 14 2020, 08:43 AM)
But the overhead cost and transactional cost for SA is too high. With small volume and higher active management, due to him, SA might go under.
*
LOL imagine SA going under cuz of him.

That aside, I don't think daily DCA makes much difference, except when volatility is crazy like now. When stocks are back to normal prices like before the crash, DCAing daily make too less a difference + tiring as hell. If DCA daily now, it makes sense, but if you DCA daily when prices are somewhat stable, it's not worth the effort.

P.S S&P Futures looks like recovering, but is it another dead cat bounce? LMAo

This post has been edited by stormseeker92: Apr 14 2020, 12:28 PM
stormseeker92
post Apr 14 2020, 05:55 PM

On my way
****
Junior Member
689 posts

Joined: Mar 2020


My SA account is not updated to reflect yesterday's changes. Anyone else experiencing this?
stormseeker92
post Apr 14 2020, 07:37 PM

On my way
****
Junior Member
689 posts

Joined: Mar 2020


QUOTE(GrumpyNooby @ Apr 14 2020, 07:24 PM)
Need to track on daily basis? hmm.gif
*
Nothing else to do mahhh. Not like we have to work like you LMAO
stormseeker92
post Apr 14 2020, 09:50 PM

On my way
****
Junior Member
689 posts

Joined: Mar 2020


QUOTE(zstan @ Apr 14 2020, 09:49 PM)
ALL GREEN TODAY UP UP UP rclxm9.gif
*
yeap. but quite sad lor if this keeps going up. didnt have much $$ to pump in more when its lower.

hopefully dead cat biggrin.gif
stormseeker92
post Apr 14 2020, 09:54 PM

On my way
****
Junior Member
689 posts

Joined: Mar 2020


QUOTE(zstan @ Apr 14 2020, 09:51 PM)
Er it's still low. DJI crashed from 27k or something
*
that's the positive side. still half way from price before crash.

some speculate will go down again in the following weeks or month. welp. doesnt matter, DCA

Dow was down from 29,500
S&P 500 down from 3,370

This post has been edited by stormseeker92: Apr 14 2020, 09:58 PM
stormseeker92
post Apr 14 2020, 10:12 PM

On my way
****
Junior Member
689 posts

Joined: Mar 2020


QUOTE(red streak @ Apr 14 2020, 10:10 PM)
Q1 earnings reports are going to be released later this week starting tomorrow. Might be too soon to celebrate whistling.gif
*
Since the stock prices are already lower than during times, if it goes all out orbital nosedive, its more value to us DCAers. so either way win win I guess?
stormseeker92
post Apr 14 2020, 10:26 PM

On my way
****
Junior Member
689 posts

Joined: Mar 2020


QUOTE(red streak @ Apr 14 2020, 10:22 PM)
Well it depends on when you started since most people here are still in the red since they started out high. If you started investing when the market plummeted then obviously you're going to make more money. Honestly I'm hoping for a steeper drop so I can pump more  drool.gif
*
My first deposit was a terrible timing (19th Feb) lmao. but been DCAing every week since then to take advantage of the crash. Hoping another drop so I can pump more money. But if it has bottomed, its good too. Manage to pump in a bit when it's low.
stormseeker92
post Apr 14 2020, 10:41 PM

On my way
****
Junior Member
689 posts

Joined: Mar 2020


QUOTE(supergirl1990 @ Apr 14 2020, 10:37 PM)
As usual, jz like u submit the application via apps but still need someone behind to verify and approve ur application..
Thats why any deposit/withdrawal/etc request done on weekend will be delayed..
*
Just imagine that taiko who DCAed daily RM33.

Every day the admins will be like 'walaweh this guy again ah? Make my hard job harder. Damn"
stormseeker92
post Apr 14 2020, 11:21 PM

On my way
****
Junior Member
689 posts

Joined: Mar 2020


QUOTE(zstan @ Apr 14 2020, 11:17 PM)
USA is printing money indefinitely. It won't crash until they stop it.

It's crazy times seeing stocks improving and gold also at all time high. In normal days they are usually on the opposite sides.
*
As usual the feds manipulating the market. J. Powell mentions the Feds will not run out of ammunition to combat this, but the money machine will stop going brrrr soon.
stormseeker92
post Apr 15 2020, 09:52 AM

On my way
****
Junior Member
689 posts

Joined: Mar 2020


QUOTE(backspace66 @ Apr 15 2020, 09:42 AM)
That is just the impact of covid 19 and only partially affecting Q1 result . What if it compounds with oil and gas company in US going bust.

https://www.marketwatch.com/story/heres-a-b...tank-2020-03-12
*
Some of the effects of covid to the economy have already been priced in.
stormseeker92
post Apr 15 2020, 03:20 PM

On my way
****
Junior Member
689 posts

Joined: Mar 2020


QUOTE(zstan @ Apr 15 2020, 02:12 PM)
MWR -2.35%, TWR: - 1.71% rclxm9.gif gogogogo SA
i still have 7k plus stuck sigh. all my notes getting extended.
*
Im on MWR +5.25 TWR -11.43 if it recovers already, something feels fishy lmao

My current plan is to DCA weekly RM500 until it recovers back until before the crash
stormseeker92
post Apr 15 2020, 03:21 PM

On my way
****
Junior Member
689 posts

Joined: Mar 2020


QUOTE(woonsc @ Apr 15 2020, 02:37 PM)
rclxm9.gif  notworthy.gif  five five, we have similar allocation..
biggrin.gif  flex.gif  But no 2k that much.. i split into weekely deposits.
*
What day usually you deposit the weekly?
stormseeker92
post Apr 15 2020, 03:34 PM

On my way
****
Junior Member
689 posts

Joined: Mar 2020


QUOTE(zstan @ Apr 15 2020, 03:28 PM)
wah you rich can do RM500 weekly. i do RM500 monthly only lol
*
LMAO cuz i divert all my savings into SA for the time being to take advantage of the drop.

Once recovered back will be back to 1:1 ratio savings to SA
stormseeker92
post Apr 15 2020, 04:03 PM

On my way
****
Junior Member
689 posts

Joined: Mar 2020


Gonna be red day today bros

https://edition.cnn.com/2020/04/14/politics...irus/index.html
stormseeker92
post Apr 15 2020, 05:42 PM

On my way
****
Junior Member
689 posts

Joined: Mar 2020


QUOTE(zstan @ Apr 15 2020, 04:39 PM)
should be even more green. more money back to USA
*
Futures going down tho
stormseeker92
post Apr 15 2020, 06:44 PM

On my way
****
Junior Member
689 posts

Joined: Mar 2020


Wonder if the AUM reached millions USD?

33 Pages « < 6 7 8 9 10 > » Top
 

Change to:
| Lo-Fi Version
0.4201sec    0.63    7 queries    GZIP Disabled
Time is now: 5th December 2025 - 09:12 AM