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

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zstan
post May 28 2020, 02:36 PM

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finally my portfolio back to 5% MWR cry.gif
SUSMNet
post May 28 2020, 03:43 PM

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QUOTE(encikbuta @ May 28 2020, 11:24 AM)
respect! like you, I'm still fuming over the reallocation to China & Gold.

but unlike you, i'm still yelling to the moon, dun dare to take action.

because of this reallocation, i'm looking into investing directly into the US ETF of my choice but my head almost meletup trying to find the right broker.
*
Which is ur shortlisted broker?

IMO, u still can purchase SA and u can follow its allocation at ur broker
SwarmTroll
post May 28 2020, 03:54 PM

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QUOTE(zerolord @ May 28 2020, 01:04 PM)
I will reduce my DCA by half and put the other half to Syfe REIT+
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I'm guessing that Syfe REIT+ is only applicable for Singaporeans?
dinkelberg
post May 28 2020, 05:39 PM

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QUOTE(zerolord @ May 28 2020, 01:04 PM)
I will reduce my DCA by half and put the other half to Syfe REIT+
*
How do you approach Syfe REIT+ ? do you lump or DCA. Their equity portfolio seems interesting but we are losing on Transfer service fees especially if you're DCA-ing.
zerolord
post May 28 2020, 07:13 PM

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QUOTE(SwarmTroll @ May 28 2020, 03:54 PM)
I'm guessing that Syfe REIT+ is only applicable for Singaporeans?
*
Can just ask them, I don't recall them saying Malaysian cannot...

https://www.instagram.com/syfesg/?hl=en
zerolord
post May 28 2020, 07:17 PM

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QUOTE(dinkelberg @ May 28 2020, 05:39 PM)
How do you approach Syfe REIT+ ? do you lump or DCA. Their equity portfolio seems interesting but we are losing on Transfer service fees especially if you're DCA-ing.
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What I did prior to this is worst than DCA.... I only transfer cashback/rewards I got from credit card or bank account. So the amount varies from $1.50 to $40.
There's no transfer service fee, so why not.
dinkelberg
post May 28 2020, 07:24 PM

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QUOTE(zerolord @ May 28 2020, 07:17 PM)
What I did prior to this is worst than DCA.... I only transfer cashback/rewards I got from credit card or bank account. So the amount varies from $1.50 to $40.
There's no transfer service fee, so why not.
*
Im also curious have you made any withdrawal ? What kind of cost that is imposed to us Malaysian.
zerolord
post May 28 2020, 07:29 PM

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QUOTE(dinkelberg @ May 28 2020, 07:24 PM)
Im also curious have you made any withdrawal ? What kind of cost that is imposed to us Malaysian.
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Haven't try withdrawing...my amount too small.

By right there's no fee for going in or out.

https://www.syfe.com/pricing

tadashi987
post May 28 2020, 07:38 PM

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QUOTE(zerolord @ May 28 2020, 07:29 PM)
Haven't try withdrawing...my amount too small.

By right there's no fee for going in or out.

https://www.syfe.com/pricing
*
u fund using SGD issit?
zerolord
post May 28 2020, 08:11 PM

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QUOTE(tadashi987 @ May 28 2020, 07:38 PM)
u fund using SGD issit?
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Yeah, I'm currently working at Kiashuland.
mr_tuzki
post May 29 2020, 12:07 AM

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QUOTE(encikbuta @ May 28 2020, 11:24 AM)
respect! like you, I'm still fuming over the reallocation to China & Gold.

but unlike you, i'm still yelling to the moon, dun dare to take action.

because of this reallocation, i'm looking into investing directly into the US ETF of my choice but my head almost meletup trying to find the right broker.
*
QUOTE(zerolord @ May 28 2020, 01:01 PM)
I'm using IBKR, low fee, low forex spread, but it's just me. There are tons of brokers out there, just find one you like and stick to it.
*
Yeah I'm using IBKR also. It's good.

QUOTE(MNet @ May 28 2020, 03:43 PM)
Which is ur shortlisted broker?

IMO, u still can purchase SA and u can follow its allocation at ur broker
*
Not easy to manually follow when SA invests in many many different ETFs. Then when you DCA RM500, you have to split it up to 10+ various ETFs (while incurring fees)?
rocketm
post May 29 2020, 01:47 AM

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QUOTE(zerolord @ May 28 2020, 12:05 PM)
I'm cashing out my 36% portfolio, and dumping the money into something else...
Don't really like the 25% RMB and 20% Gold after the re-op.
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QUOTE(encikbuta @ May 28 2020, 12:24 PM)
respect! like you, I'm still fuming over the reallocation to China & Gold.

but unlike you, i'm still yelling to the moon, dun dare to take action.

because of this reallocation, i'm looking into investing directly into the US ETF of my choice but my head almost meletup trying to find the right broker.
*
QUOTE(PortgasDerekAce @ May 28 2020, 01:38 PM)
SA look promising and attractive
…until they decided to invest into China in 2020. Seriously?
*
May I know invest into China is a bad idea?
honsiong
post May 29 2020, 01:59 AM

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QUOTE(rocketm @ May 29 2020, 01:47 AM)
May I know invest into China is a bad idea?
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We will know in 10 years.

A lot of people think its bad idea because it's not comfortable for some to consider China is replacing the West as THE superpower in the world. We dunno what to expect and what will happen once China really surpass US in terms of GDP, technology, military etc.


encikbuta
post May 29 2020, 07:46 AM

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QUOTE(MNet @ May 28 2020, 03:43 PM)
Which is ur shortlisted broker?

IMO, u still can purchase SA and u can follow its allocation at ur broker
*
MNet, sigh, i actually signed up for eToro and all ready to pump money into it. the very next day it got put into SC blacklist bangwall.gif now i've read articles here and there saying that it shouldn't matter. however, the idea of potentially having RM50k sitting in a broker that has been blacklisted by SC.. it's just a recipe for sleepless nights.

so now i'm looking at the TradeStation Global (TSG) option. And i'm stuck at the 'create a Singapore bank account' part. seems like i need a work permit or something to do so? that being said, i'm dragging my heels a bit on this one because it would really kill my DCA aspirations. I intend to DCA RM500 monthly into ETF and if i went with this TSG option, the fees from constantly TT-ing money into SG may end up being quite costly.

i'm at an impasse.
ericlaiys
post May 29 2020, 09:01 AM

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QUOTE(rocketm @ May 29 2020, 01:47 AM)
May I know invest into China is a bad idea?
*
Nope. China has potential to recover fast as they exit Covid earlier. While i think US is going recession & the way the administration work dont look great and disappointed.
rocketm
post May 29 2020, 09:06 AM

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QUOTE(ericlaiys @ May 29 2020, 10:01 AM)
Nope. China has potential to recover fast as they exit Covid earlier. While i think US is going recession & the way the administration work dont look great and disappointed.
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I agreed on your statement but if SA optimise the users' portfolio to China, user should able to get better performance in the certain time period.
tadashi987
post May 29 2020, 09:08 AM

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QUOTE(encikbuta @ May 29 2020, 07:46 AM)
MNet, sigh, i actually signed up for eToro and all ready to pump money into it. the very next day it got put into SC blacklist  bangwall.gif now i've read articles here and there saying that it shouldn't matter. however, the idea of potentially having RM50k sitting in a broker that has been blacklisted by SC.. it's just a recipe for sleepless nights.

so now i'm looking at the TradeStation Global (TSG) option. And i'm stuck at the 'create a Singapore bank account' part. seems like i need a work permit or something to do so? that being said, i'm dragging my heels a bit on this one because it would really kill my DCA aspirations. I intend to DCA RM500 monthly into ETF and if i went with this TSG option, the fees from constantly TT-ing money into SG may end up being quite costly.

i'm at an impasse.
*
you dont need work permit, there is a thread for opening SG account
https://forum.lowyat.net/topic/1440794/+2740#entry96911438

shortcut summary:
search google for CIMB FASTSAVER acc SG, open an account online, wait for approval
one time TT from your CIMB MY to CIMB SG ACC for minimum first deposit

then u have your SG acc opened

thou, u still need need to rely on like BigPay/ Instarem to fund ur SG acc from Malaysia and there is a small cost on that, BigPay each time minimum RM5, so not sure if monthly RM5 for you is it all right, i do it quarterly so one quarterly the cost is really not significant to me, consider that one starbucks coffee cost me more than that whistling.gif


SUSMNet
post May 29 2020, 09:17 AM

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QUOTE(ericlaiys @ May 29 2020, 09:01 AM)
Nope. China has potential to recover fast as they exit Covid earlier. While i think US is going recession & the way the administration work dont look great and disappointed.
*
China will devalue their currency to prevent from overheat thus it will lessen the investment gain tremendously
encikbuta
post May 29 2020, 09:27 AM

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QUOTE(tadashi987 @ May 29 2020, 09:08 AM)
you dont need work permit, there is a thread for opening SG account
https://forum.lowyat.net/topic/1440794/+2740#entry96911438

shortcut summary:
search google for CIMB FASTSAVER acc SG, open an account online, wait for approval
one time TT from your CIMB MY to CIMB SG ACC for minimum first deposit

then u have your SG acc opened

thou, u still need need to rely on like BigPay/ Instarem to fund ur SG acc from Malaysia and there is a small cost on that, BigPay each time minimum RM5, so not sure if monthly RM5 for you is it all right, i do it quarterly so one quarterly the cost is really not significant to me, consider that one starbucks coffee cost me more than that  whistling.gif
*
tadashi987

hmmm, you might have just given the final push i need to get this ball rolling!

last question - say i withdraw from TSG and i transfer the money back from SG to MSIA (say via BigPay) is that also about RM5? i asked my friend, he said the fee for him was SGD25 if TT direct from SG to MSIA (bank to bank). he didn't think of using BigPay / Instarem at that time.
jas029
post May 29 2020, 10:52 AM

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QUOTE(tadashi987 @ May 29 2020, 09:08 AM)
you dont need work permit, there is a thread for opening SG account
https://forum.lowyat.net/topic/1440794/+2740#entry96911438

shortcut summary:
search google for CIMB FASTSAVER acc SG, open an account online, wait for approval
one time TT from your CIMB MY to CIMB SG ACC for minimum first deposit

then u have your SG acc opened

thou, u still need need to rely on like BigPay/ Instarem to fund ur SG acc from Malaysia and there is a small cost on that, BigPay each time minimum RM5, so not sure if monthly RM5 for you is it all right, i do it quarterly so one quarterly the cost is really not significant to me, consider that one starbucks coffee cost me more than that  whistling.gif
*
why is there the need to use Bigpay/Instarem when u can directly use CIMB MY to transfer the fund to CIMB SG? are the charges higher compare with Bigpay/Instarem?


QUOTE(encikbuta @ May 29 2020, 09:27 AM)
tadashi987

hmmm, you might have just given the final push i need to get this ball rolling!

last question - say i withdraw from TSG and i transfer the money back from SG to MSIA (say via BigPay) is that also about RM5? i asked my friend, he said the fee for him was SGD25 if TT direct from SG to MSIA (bank to bank). he didn't think of using BigPay / Instarem at that time.
*
transfer from MY to SG via Bigpay/Instarem, fine.. but i dont think it is able to work the other way round

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