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Investment StashAway Malaysia, Multi-Region ETF at your fingertips!

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GrumpyNooby
post Aug 11 2020, 06:19 PM

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QUOTE(no6 @ Aug 11 2020, 06:17 PM)
2.3% not bad. any idea how fast is their turn around time for withdrawal ?
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If you open the account at eunittrust (eUT), buy PMMMF from there:

QUOTE(Ramjade @ Jul 20 2020, 08:11 AM)
It takes 2-3 days to get money out.
PMMMF takes same day if using Maybank before 11am
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GrumpyNooby
post Aug 11 2020, 09:42 PM

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QUOTE(stormseeker92 @ Aug 11 2020, 09:41 PM)
GLD dropping like its hot
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Not a surprise when gold drop 3.74%

Gold
1,963.40
-76.30(-3.74%)
GrumpyNooby
post Aug 11 2020, 10:02 PM

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Both Gold and GLD drop 4% as of now

Gold | 1,958.20 | -81.50 (-4.00%)

GLD | 182.29 | -7.86 | (-4.13%)

This post has been edited by GrumpyNooby: Aug 11 2020, 10:02 PM
GrumpyNooby
post Aug 12 2020, 10:53 AM

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QUOTE(no6 @ Aug 12 2020, 10:52 AM)
may i know what apps is this to track SAMY ?
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That's Yahoo! Finance.
GrumpyNooby
post Aug 13 2020, 04:58 PM

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From yesterday completed buy order, 50% is being allocated for GLD while for the remaining, none is being allocated for KWEB. laugh.gif
GrumpyNooby
post Aug 13 2020, 09:05 PM

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Jobless claims: New unemployment claims come in below 1 million for the first time since March

Initial jobless claims, week ended Aug. 8: 963,000 vs. 1.1 million expected and 1.191 million during the prior week

https://finance.yahoo.com/news/jobless-clai...-171744189.html
GrumpyNooby
post Aug 14 2020, 06:28 PM

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Simple™ competitor?

Versa Collaborates With Affin Hwang To Launch New Digital Cash Management Solution

Versa Asia has collaborated with Affin Hwang Asset Management to launch a new cash management mobile app that allows Malaysians to earn returns similar to fixed deposit rates on their invested money through money market funds. It also offers them the flexibility of being able to access their funds at any time, with no lock-ins and hidden terms.

Versa works like a savings account, but with returns on par with FD interest rates – and without the need to visit a bank. Once you’ve registered an account with Versa, you can then deposit an amount of money into it, which will be invested into Affin Hwang’s Enhanced Deposit Fund. Returns will then be re-deposited into your account and re-invested until you decide to withdraw them.

Versa allows you to start saving at a minimum of RM100, and it charges no hidden fees, including management, transfer, and exit fees. You can also withdraw your money anytime without penalty, with income distribution calculated up to the day of withdrawal.

Article link: https://ringgitplus.com/en/blog/investment/...abYeXgKSc5RxZKA

Versa link: https://versa.asia/
GrumpyNooby
post Aug 14 2020, 07:16 PM

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Goldman Sees Room for S&P to Surpass 3,600

https://www.bloomberg.com/news/articles/202...nd=premium-asia
GrumpyNooby
post Aug 14 2020, 08:45 PM

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QUOTE(honsiong @ Aug 14 2020, 08:32 PM)
These IBs keep throwing calls that they cant accurately predict. One day moon, one day doom.
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From current level to 3600, it is just 10% upside.
The US presidential election would be able to fuel this rally in about 90 days.
GrumpyNooby
post Aug 16 2020, 12:56 PM

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QUOTE(joshtlk1 @ Aug 16 2020, 12:53 PM)
Wondering what would be your stretegy now for the net few months until US election?

In my opinion, since the sp500 is nearing all time high, I think the stock market will be swinging side ways for awhile, with some volitality.

Plan is to VCA a little more each time the market is in a red of more than 2%. As currently I'm pretty satisfied with my ratio of investment and cash, about 60% stocks 40% cash.
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If you believe in Goldman Sachs analysis:

QUOTE(GrumpyNooby @ Aug 14 2020, 07:16 PM)
Goldman Sees Room for S&P to Surpass 3,600

https://www.bloomberg.com/news/articles/202...nd=premium-asia
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GrumpyNooby
post Aug 16 2020, 06:30 PM

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Received email from SAMY to adjust my risk level:

QUOTE
Our system checks every day to make sure your portfolio is not overexposed to risk. Our system has indicated that it’s time to adjust your risk level so you can maintain the strong likelihood of reaching your goal target on time.

Log in to accept the recommendation so that we can adjust your risk accordingly.


Recommend to adjust from the 16% portfolio to 10%. hmm.gif

user posted image

This post has been edited by GrumpyNooby: Aug 16 2020, 06:34 PM
GrumpyNooby
post Aug 16 2020, 06:46 PM

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QUOTE(honsiong @ Aug 16 2020, 06:45 PM)
Is this portfolio set to meet short term goal? I actually thought stashaway needs to slowly lower those risk levels when they are close to withdrawal date.
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Yes, I believe so because the goal was set when I set up the account about 2 years. blush.gif

Nevermind, I should revise the goal of this portfolio.
GrumpyNooby
post Aug 18 2020, 09:08 AM

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QUOTE(majorarmstrong @ Aug 18 2020, 09:02 AM)
Green sea
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Your 36% portfolio is still in red?
GrumpyNooby
post Aug 18 2020, 09:24 AM

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QUOTE(chiangth @ Aug 18 2020, 09:22 AM)
Hi. I'm sorry if anyone have asked this before. But where is your screenshot from? Where can I see something like that?
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Manually build in Yahoo! Finance
GrumpyNooby
post Aug 19 2020, 08:18 AM

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The S&P 500 and Nasdaq each closed at record highs Tuesday, with tech shares leading the broader market to regain its pandemic-related losses.

https://finance.yahoo.com/news/stock-market...-222525471.html
GrumpyNooby
post Aug 19 2020, 10:45 AM

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QUOTE(majorarmstrong @ Aug 19 2020, 10:43 AM)
tutup mata just DCA
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How much have you been DCA/VCA since early of August?
GrumpyNooby
post Aug 20 2020, 05:52 AM

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QUOTE(majorarmstrong @ Aug 20 2020, 12:23 AM)
Gold melted
user posted image
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Signal for withdraw?
GrumpyNooby
post Aug 20 2020, 01:29 PM

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QUOTE(gundamsp01 @ Aug 20 2020, 01:27 PM)
not sure if you guys have the same experience recently, I find that SA is slower in terms of acknowledging the fund transfer.

Previously, it was same day acknowledgement
for the past few weeks, it became T+1 (till noon the next day), and i just made a transaction yesterday, but i have yet to receive the confirmation from SA that they have received my fund as of now...

made a call during lunch but no one pick up my call, going to call them again later.
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Today they got work?
Today is federal holiday for Malaysia especially for financial industry and equity market.
GrumpyNooby
post Aug 20 2020, 02:27 PM

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QUOTE(tsutsugami86 @ Aug 20 2020, 02:25 PM)
Thinking to move out from Simple, they didn't re-invest for us the monthly distribution.
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Move to where?
GrumpyNooby
post Aug 20 2020, 05:10 PM

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QUOTE(omegaoracle @ Aug 20 2020, 04:54 PM)
I have to set aside some funds for emergencies over the next 12 months. Initially I had planned to park it in SA Simple, however I'd like to seek opinions before I proceed.

Which money market fund provides for better returns for a short 12 month horizon?
- Simple = 2.4% p.a
- Opus MPF = ?
- any others recommendations?
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How much better are you looking for?

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