QUOTE(GymBoi @ Jun 16 2021, 11:47 PM)
icic ok thanks sifu! sry got another question i still dont quite understand. So i'm just planning to be lazy and just DCA weekly all the way. So what I need to do is.
1) Make standing instructions from my bank to JOMPAY weekly (Example rm100 per week)
2) In the app, need to set manual recurring deposit (only monthly available) as rm400?
I only have 1 portfolio,
3) so the app manual deposit actually for what? Just for reference? They will buy order for me weekly as I deposit right?
4) I will probably set everything up to run like 6 months, don't plan to touch anything. But let say 3 months later i get some bonus or what, feel like want to deposit more? example 200 for that ONE week only, what to do? Need cancel 1 & 2, do 1 time deposit, then set up 1 and 2 again?
1) Set your jompay instruction
2) Go to "Manual Deposit" and your manual monthly deposit in StashAway as EXACT AMOUNT of your instruction. example: it each jompay is RM100 per week, set monthly deposit as RM100. No worries about "going over" StashAway will simply follow your instructions on how to handle your deposit based on your instruction.
3) Manual one-time deposit is for people who do lump sum.
4) No need, just create a one-time deposit for the extra amount and deposit the extra. StashAway executes one-time deposits first before they execute monthly order. Ref-1 (for Jompay) will always remain the same for each account so you can even just use the saved "Favourite bill" in your banking site/app.
This post has been edited by DragonReine: Jun 17 2021, 12:14 AM