Yes. For monitoring purpose. I created 2 portfolios--1 higher risk and 1 lower risk to see which is doing better. Unfortunately, until now no $ deducted from my bank account to invest although they were supposed to have deducted it based on schedule I set.

My account is linked. Put in 1 lump sum first time. Guess will have to write to them.

My pf is 8.5% and 30% risk. If you think the market will go down further, then the lower risk one is generally better.

Actually I prefer to manage my own. USA stocks etc are not cheap--due to market going up so much and the MYR declining, so SA offers some of us diversification with small $ amounts invested each time. But because its robo managed, the amount that I invest here will be minimal.

Yeah

Maybe $20k to him is just small change. If I have a few millions, then $20k is no biggie

Thanks for info

Is your bank account linked to SAMY. If linked, then can put date you want to transfer--although I have no idea at what time they will withdraw the $ from your bank account

I only did once for next day withdrawal. SA took a few days before they invested my money though. Not sure is it because I should give them more days. I may do another deposit--depends on market. Let's update each other here when we do to see how good their IBG is.

Thanks.

To time the market is difficult. That's why I went in albeit with a small $ amount even though I suspect market will drop further (and that was even before the oil price crash). US market has been rising so much and so high for so long. Its the longest bull market in US history. So this is a chance for people that are sitting on good profits to cash out and buy at a lower price. But because market may have some quick ups and later go down, to eliminate all this stress/miss the boat stuff, I decided to just buy a bit here and there.

My 30% risk index is -6.49% for USD.

Is SAMY real time and if not, how delayed is it?

Thanks

Thanks

Wow, that's long

Thanks

OT a bit
I'm wondering is it because due to very few transactions and the price is the last transacted price, so the price does not reflect the actual situation (so the price will be much higher than the NAV). Or could it be also, they do not do real time update but update days later? Not too sure how Wahed operates on showing the value, that's why cannot explain.

If we know how Wahed calculates the value/price, then will be able to explain.


Still holding mine. I'm already prepared when I put in my money to stomach the rollercoaster/dive.

Why you do that? Don't think now is the right time

This post has been edited by abcn1n: Mar 22 2020, 09:28 PM

Thanks. Still think it will go lower.


Ahhh...time to look into these threads

I think one of the main problem is that some don't have any idea what they are doing/have no strategy--that's why when market start to plunge, they panic.

Yeah

Thanks for info. This is not good

SA will encourage auto-reoptimizing so as to avoid too overweight on 1/more sectors when that sector is doing well (so as to contain risk just in case, that sector that is doing well suddenly tanked). However, the flip side is that you have less of the stocks/sector that keep rising in price because they are being sold to buy the underperforming sector. Now, if the underperforming stock/sector never improve, then you are stuck and have more of that lousy sector.

Its rather hard to say which one is better because SA is investing in several different sectors and we do not know when they plan to do reoptimizing and which sectors are going to improve and when etc.

ATM, I prefer to opt out because I do not like Italy or small cap stocks currently and do not know how much they will ultimately rise as compared to stronger USA stocks which I forsee will rise in the long run. The bad thing about SA is that you can't choose to opt out of this portfolio (eg: 30% risk) while opt in for another portfoliio (eg: 8% risk) which is what I would prefer. By opting out, I have to monitor gold more carefully due to the price rising up so much.

I am talking about opt in for reoptimisation. Not talking about transfer between funds