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.Investment StashAway Malaysia, Multi-Region ETF at your fingertips!
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Apr 13 2020, 08:37 PM
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#141
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Apr 13 2020, 10:03 PM
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#142
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Apr 13 2020, 11:03 PM
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#143
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689 posts Joined: Mar 2020 |
QUOTE(thecurious @ Apr 13 2020, 10:49 PM) 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 |
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Apr 14 2020, 01:06 AM
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#144
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689 posts Joined: Mar 2020 |
QUOTE(kelvinfixx @ Apr 13 2020, 11:12 PM) @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. |
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Apr 14 2020, 12:25 PM
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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 |
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Apr 14 2020, 05:55 PM
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#146
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689 posts Joined: Mar 2020 |
My SA account is not updated to reflect yesterday's changes. Anyone else experiencing this?
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Apr 14 2020, 07:37 PM
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#147
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689 posts Joined: Mar 2020 |
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Apr 14 2020, 09:50 PM
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#148
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689 posts Joined: Mar 2020 |
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Apr 14 2020, 09:54 PM
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689 posts Joined: Mar 2020 |
QUOTE(zstan @ Apr 14 2020, 09:51 PM) 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 |
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Apr 14 2020, 10:12 PM
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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 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? |
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Apr 14 2020, 10:26 PM
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#151
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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 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. |
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Apr 14 2020, 10:41 PM
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#152
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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.. Just imagine that taiko who DCAed daily RM33. Thats why any deposit/withdrawal/etc request done on weekend will be delayed.. Every day the admins will be like 'walaweh this guy again ah? Make my hard job harder. Damn" |
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Apr 14 2020, 11:21 PM
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#153
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QUOTE(zstan @ Apr 14 2020, 11:17 PM) USA is printing money indefinitely. It won't crash until they stop it. 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.It's crazy times seeing stocks improving and gold also at all time high. In normal days they are usually on the opposite sides. |
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Apr 15 2020, 09:52 AM
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#154
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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. Some of the effects of covid to the economy have already been priced in.https://www.marketwatch.com/story/heres-a-b...tank-2020-03-12 |
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Apr 15 2020, 03:20 PM
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Apr 15 2020, 03:21 PM
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#156
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Apr 15 2020, 03:34 PM
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#157
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689 posts Joined: Mar 2020 |
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Apr 15 2020, 04:03 PM
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Apr 15 2020, 05:42 PM
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Apr 15 2020, 06:44 PM
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689 posts Joined: Mar 2020 |
Wonder if the AUM reached millions USD?
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