Because of fractional you will only get the units that are based on divide the magical units by usd0.001190 equals to 0.23% of the dividends

You will only get the full dividends units upon an entire unit of the ETF holdings

Btw with additional units you get the rounded up units by 4 decimals with upon 2 decimal monetary value

This post has been edited by xander83: May 29 2021, 02:50 AM

so how much hair is that splitting? bald yet?

This assumes you are ever only going to buy less than 1 unit in total. In practice even a full unit's full dividend is peanuts. Don't lose sight of the forest for the trees.

What a waste of time calculating all those numbers just for a petty amount!

If you want to calculate dividends that much might as well throw money shares in MAYBANK, TENAGA, PBBANK, NESTLE etc. Or better yet, put money in EPF/SSPN/ASB.

Especially if you're investing in higher risk portfolio with low allocation of bonds, why should it matter how much dividends you get? The point of equities is capital gains, not dividends.

What to be so calculative of fractional shares and dividend payouts for what use? If you spend so much time calculating down to 8 decimal points of a % then you're better off DIY-ing since SA isn't really designed for those who are calculative of risk or have the large investing capital to care about fractional shares.

Most of SA's ETFs are only a few dozen cents per unit, and given the high price of units it's not worth caring unless you're investing in the hundreds of thousands.

This post has been edited by DragonReine: May 29 2021, 12:43 PM

At first I simply dismissed him when I saw that his argument was all about the sub-cent range, which I expected anyway from his post history.

But only when Kadaj pointed it out did I realize that he took a round-about way to calculate dividends and it was off by a factor of 10x or 100x (depending on the point he's trying to make).

And that, is the shaky basis of his advice to the married couple 😅

xander oh xander. People here are not trying to weekly DCA the RM100 that they got for duit raya. They are most likely working professionals with considerably more disposable income.

In Stashaway dividends from equity ETFs are bad news, I really hope stashaway can just use accumulating ETFs if there are any.

30% tax on dividends man, better give me good capital growth to offset that.

Is this for the first time, or after that is faster ?
Using Jompay and direct debit all this time.

Was wondering from SA simple to portfolio and contacted CS to figure out.
Their reply to me is like this

"From StashAway Simple to Core portfolio takes 2-3 business days, but the transfer can only be done after deposited funds into StashAway Simple has been invented, meaning for first time trial of this suggestion, it would take 5-6 business days (For first time deposited amount in StashAway Simple to be invested, and first-time inter-portfolio transfer, subsequent will always be 2-3 business days as long there are sufficient funds in StashAway Simple)"

Any people can confirm subsequent from simple to portflio, the timeline is almost same as jompay and direct debit ?

This post has been edited by ang1222: May 29 2021, 09:32 PM

from Simple to Portfolio sure about 1 week (normally , if u get less than a week, u r lucky ppl)

oledi be mention many times in this thread, may b nobody believe .......

If time frame is ur concern , pls go other platform to park ur money

if u DCA from Simple to Portfolio, jangan tengok bila masa complete .....u boleh gila nanti....

time frame for Simple to portfolio > jompay to portfolio.............i will said is double the time frame

This post has been edited by ironman16: May 29 2021, 10:18 PM

Simple to Portfolio is around like this

T+3 to convert from Simple MMF units to cash
T+1 to convert to USD
T+1 to execute buy order and reflect that in account

Total is as CS mentioned around 5 to 6 business days.

Jompay and direct debit usually after trustee account and direct debit mandate set up, is 2-3 business days only.

If your goal is to DCA from Simple you must accept that timing the market is completely out of the question, the "delay" is the cost of convenience (no need another app to park money in MMF.

Although if you're using SA you shouldn't be timing the.market to begin with lol because of the days long processing time.

Yeah, I know it sounded silly when I asked that. Cuz I do perceive cash as in those you have in savings account, not FD per se. So just wanted to know specifically if poster did mean anything else

Ohh, this I did not expect would be classified as cash. So you're saying for any excess that you have, you'd dump them to your housing loan to offset the interests first, and withdraw when required to do whatever you need? I'm also considering to do this, but just don't know if the 'saving' is worth it as I'm not familiar at all, hence, just paying exact amount as it is

Btw, so many replies on Simple's transaction time. People should learn to read previous replies and ask when still don't get it. Very patient of most tai kors here to respond, lol...

Sounded like lee82gx got a flexi loan which has a linked current account, so what they can do is put cash in that current account to reduce interest, then withdraw money from that account if needed.

It's actually a good option for emergency caah parking too

Yes, excess money in that account will generate savings for me at 3.0% p.a. Daily rest.

Bingo yes. But if you have say more than 1 housing loan, then you only need 1 flexi one. Don’t force all of them to be flexi, as usually there is a current account maintenance cost.

Thanks for sharing this. I have housing loans too and I'm guessing this can be a good way to park emergency cash, while reducing interest charged (assuming one do not have a decent saving accounts paying more interest).

How's everyone projecting the outlook for Q3? Any thoughts to share or everyone dah going auto-mode? I'm the latter, haha

outlook -ve for msia. I think I give up predicting anything anymore. I'm only sure it is positive for long term.

Lol, give up would be the right sentiment with most, I think. Feels the same not only with SA, but with others. So I'm changing my mindset to keep reminding that this is all for the long term, jangan harap anything in less than a year. Either take part or don't (keep money in bank).

Stashaway is diversified portfolio already, unless you buying ETFs directly, no point timing in and out with stashaway.

Today marks my 45 days with SA - RSI 26% in UK pound denominator with 1 time lumpsum RM10k (monthly contribution got reversed by bank, don't know why?). The time-weighted return is 4.6%, with most of the return gained by the Gold (32%) while the equities (48%) performance is lackluster. Still far from the projected double-digit return (13-16%), will continue to DCA and report back in 6 month, 1 year. Has anyone getting above 8%?

are you alright? You are expecting 13-16% in 45 days? In my first 45 days I'd be happy not to be in the red. Either way, 16% after a year does not an investment make. 8% a year over many many years is what you should look for.
equities are lackluster because they are lackluster (and that is not a bad thing at all). Market is going sideways most of the time....It is inching up really slowly. Short term movements are random, it doesn't do you any good to analyse anything in the short term, it is like analysing randomness.

45 days since invest to this day...that would be Mid Mar you start...
if only you had just started 30 days earlier...that would be Mid Feb......things would be much negatively different.