Same. but it could go down next week or the week after cuz that's when the heat from lockdown affecting economy comes.

GLD dropping tho

What you people working as so rich at 21? LMAO

Anyways green yesterday

Risk 22%

USD
TWR -11.16%
MWR +5.60%

Hello everyone. Just a quick question, if I had RM500 to DCA every week, what would be the best option?

A. Continue DCA RM500 a week
B. When the market is in green, only deposit RM250 weekly, and keep the other RM250 to pump more when market is red.

Just wondering, cuz everywhere I read some say the market will retest the lows when the stimulus effect fade away and industrial report comes in.

Das a jackpot over there making big bucks at 21. Hats off sir

What time and day do you usually deposit every week?

I was having the impression if I deposit on Tuesday, SA receives on Wednesday, and broker executes buy order on Thursday, that's when US announce the unemployment numbers, and slightly will hit the stock prices.

What's your justification for depositing on Saturday, and to buy on Tuesday?

Not really time, per se, but to add value to whatever money depositing, by depositing before/after weekly announcements from the gov etc..

True that. but that one is damn volatile as well.

All in 1 day? Surreal.

It usually takes 1 day to be received by SA. 1 day to convert to USD and buy order when market opens.

So if I transfer on Monday night, by noon Tuesday SA acknowledge. and Wednesday buy order.

damn MYR getting weaker against USD. sad times

How's SGD to USD doing?

Sorry. Couldve checked myself. Should I be concerned when I get less when convert MYR to USD? Used to be RM500 = $120. Now its RM500 = $114

Not something that we can control either lmao

To clarify;

1. FSM / Mutual Funds - only allowed for Account 1 EPF - according to permissible amount. Refer to EPF.

2. iLestari - only now gov allow due to Covid-19 to allow ppl to have more cash for daily expenditures - max 12 months and max RM500 (based on Account 2 EPF balance)

iLestari is one-off offer, not all time like Account 1 Investment option.

Please read more about Account 1 Investment for further info.

They'll use any big numbers as long as people dont ask are they actually customers. Startups wants to show investors they are growing or sth

Yup anticipate it already. that why I didnt DCA yet this week. wait for thursday

But all in all, still halfway down from pre-Covid level. So DCA is still a good strategy. It gets better if can put more when its down I guess

This post has been edited by stormseeker92: Apr 21 2020, 05:45 PM

Considering putting aside first all my DCA money, and wait if it gets lower.

That aside, hope everyone is healthy and have enough cash for expenditures!

+ no proactive testing. We dont do testing for majority of the population. Only those detected within clusters or people volunteering to get tested.

Actual numbers might be higher. and I expect MCO to extend at least 2 more weeks.