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

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snoozet
post Jun 10 2020, 08:15 AM

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Joined: Oct 2018
QUOTE(snoozet @ Jun 9 2020, 08:52 PM)
I deposit same amount everyday but SA sometimes accumulated two days deposit then only convert to USD, but most of the time convert next day. I just wonder why?
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Most of the time they convert before the market open, then buy order will be executed on the same day.

Sometimes they convert after the market open, then buy order will only be executed on next day.

I wonder why it is not standard.

This post has been edited by snoozet: Jun 10 2020, 08:15 AM
snoozet
post Jun 11 2020, 08:35 AM

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How do we guard our gain or prevent further fx loss?
snoozet
post Jun 12 2020, 02:11 PM

Getting Started
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Junior Member
66 posts

Joined: Oct 2018
QUOTE(xcxa23 @ Jun 12 2020, 02:01 PM)
I stopped trying to time market with SA.
Weekly DCA Friday morning by 10am using jompay
Sometimes complete on Monday nite, sometimes Tuesday nite, when there's holiday in between, add another 1 or 2 working days..

From my experience, with fsm you kinda can time the market. Provided payment done before their cut off time.
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Very true. Very hard to time 2 days ahead for SA.

For FSM is easy, especially japanese fund, u can actually almost know the result of the day then u only decide whether to buy before 3pm cut-off time.

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