4.1% is projected not guaranteed 🤦‍♀️ good to put some in to diversify if you don’t touch your money for at least 3 months to get that return

Don’t bother when you can buy fractional shares at low cost with better execution 🤦‍♀️ even with flexible portfolio you have no control with entry and exit price while pay more yearly fees to SA

This post has been edited by xander2k8: Apr 25 2023, 04:25 AM

Really need help pls. Thanks

1) For Stashaway portfolio, do we have to declare the dividends in the BE tax form? The dividends are automatically changed /reinvested as increased portfolio value


2) If have to declare :
2a)is it under "tax exempt income from sources outside Malaysia received in Malaysia" ?
2b) put country as USA?
2c) or where to put it in the form?

This post has been edited by abcn1n: Apr 26 2023, 10:33 AM

as I know dividend no tax even if repatriate back to Malaysia.
if I re invest sure no tax cause the dividend was earned overseas and never bring back to Malaysia. also depends which country as Malaysia may have DTA with them.
this is true until 2026 for individuals.

batman1172 Thanks. Guess I got confused because Stashaway is incorporated in Malaysia (at least for my Stashaway Malaysia account). That's why I keep thinking (unlike overseas brokerage where clearly $ is sitting outside Malaysia) that maybe $/dividend is already considered received in Malaysia even though its automatically invested into the portfolio.

With regards to 'dividend no tax', I think it depends. For Malaysia stocks, dividend is not taxable but for foreign (stocks and maybe ETFs), it may be taxable (looking at the BE form which ask for all those breakdown of foreign source income including dividends) ie maybe declare it and afterwards try to claim tax credit (up till yr 2026).

I think LHDN differentiates between those unit trusts (provided by banks and FSM) vs foreign ETFs and funds (provided by robo-advisors such as Stashaway). What are your thoughts?

item 5.2
https://www.hasil.gov.my/media/p0lntthw/202...d-amendment.pdf

On Maxis app at Deals section.

Read disclaimer only for those new to Stashaway customers

Where?

Go read IBKR thread

Dear any math sifu,

MWR - if let say is MWR 3%
Does it means if i have been putting the same amount into FD at the same time throughout the period in a FD, it will equates to a FD rate of 3%?

MWR in SA is only calculating the returns or losses without time factor in it so your example is almost correct except for the time factor because FD is term or time factor returns

If
i put fd 1k/year for 9years (term: 12months) reinvest interest. The rate is 3%per annum.

I put SA 1k/year for 9years

On 10th year (last fd matured ady), if SA MWR is 3%. Will both SA and FD have the same amount?

you cannot predict SA performance. it carries risks. if predictable returns is what you want you can just deposit into FD

i am not predicting SA return. i am benchmarking SA return with FD. my current MWR is +3.45%. im asking what this MWR means, if it means 3.45% does it mean if i have been putting the same amount at the same time to FD, assuming all fd has matured at the time of comparison, will it also give the same amount as SA today. meaning i want to find the practical use of this MWR.

1stly wrong to benchmark SA with FD as ETFs has price swing every other day 🤦‍♀️ while FD is constant and fixed moving upwards based on time period

If you wanna compare with FD only SA Simple is benchmarkable while SA investing only suited to benchmark with market index’s ETFs like VT, VTI or ACWI instead 🤦‍♀️

There is no practical use for you in this case and other than letting you know whether you lost money or not that’s all

If my understanding on MWR is right, then yes they will have the same amount assuming that there's no currency gain/loss.

Been long time since I drop by this thread. The glory days of SA is long gone it seems....

Anyone still holding on to their classic SRI 22% or similar portfolio? I've been slowly transferring into SA Simple. As soon as there's some gain I just transfer the funds onto Simple. Last month just transferred all my 36%. Now left with a 22% portfolio

USA markets have been flat for the past few months. Unless the Ukraine war dies off or more bank runs occur or congress doesnt approve increasing debt ceiling and USA economy collapses, nothing much to look forward actually.

re this right, so if USA economy collapse, does it mean the SA/Wahed investment that we do pertaining 100% US stocks, will burn our hands or is it a opportunity? i think is a lost more, because we bought at exp price, and it collapse? do enlighten me if im wrong?

unless you DIY your SAMY portfolio, the current allocation mostly outside of US. but if US collapse the rest of the world will feel it too. depends on your investment horizon. can be a good discount for some people. that's assuming SAMY doesnt do some crazy reoptimisation again.