Welcome Guest ( Log In | Register )

35 Pages « < 3 4 5 6 7 > » Bottom

Outline · [ Standard ] · Linear+

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

views
     
GrumpyNooby
post Apr 1 2020, 11:38 AM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(furious and fast @ Apr 1 2020, 11:36 AM)
i put in 10k on 18 march. 6% return on paper.

user posted image
*
Good for you! rclxms.gif rclxms.gif rclxms.gif
Can cash out since you got handsome return and it's better than FD.

user posted image
user posted image

This post has been edited by GrumpyNooby: Apr 1 2020, 11:41 AM
GrumpyNooby
post Apr 1 2020, 02:04 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(INTEGRITYXXXXX @ Apr 1 2020, 02:03 PM)
I deposited on last sat.
Mon receive notification- received, in progress
Till today “still in progress”
Is this normal?
*
When was the currency conversion completed?
GrumpyNooby
post Apr 1 2020, 02:09 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(INTEGRITYXXXXX @ Apr 1 2020, 02:06 PM)
It is still in MYR
*
Normally it'll be currency conversion for 1 day.
Another 1 day for buy order to complete.

Since your money is not yet converted to USD, it may take longer.
GrumpyNooby
post Apr 2 2020, 01:13 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(cl.t @ Apr 2 2020, 01:12 PM)
Which way is better to invest RM2,000 every month?

A) Invest RM2,000 at one time beginning of the month
B) Split into RM500 and invest weekly for 4 times a month
*
-deleted-

Please follow victorian advice, he said doesn't matter!

Sorry, I'm stupid and not qualified to give any advices.

This post has been edited by GrumpyNooby: Apr 2 2020, 01:52 PM
GrumpyNooby
post Apr 2 2020, 01:18 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(victorian @ Apr 2 2020, 01:17 PM)
But then DCAing your DCA would not make more sense right? The purpose of DCA is to split the risk over the long run, which you have already did by investing monthly. By splitting that to weekly, you are not any better off in the long run. What you are trying to do is to time the market, and no one can do that.
*
-deleted-

This post has been edited by GrumpyNooby: Apr 2 2020, 01:50 PM
GrumpyNooby
post Apr 2 2020, 01:50 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(victorian @ Apr 2 2020, 01:49 PM)
If he entered lump sum at the beginning of the month at a lower price, he would’ve ended up with more units than he would, if he split it into weekly. Vice versa, if the beginning of the month is expensive, he wouldve ended up with less unit.

So at the end of the day, are you trying to time the market?
*
-deleted-

You win! OK! notworthy.gif notworthy.gif notworthy.gif

This post has been edited by GrumpyNooby: Apr 2 2020, 01:51 PM
GrumpyNooby
post Apr 2 2020, 01:58 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(victorian @ Apr 2 2020, 01:57 PM)
I’m just saying it wouldn’t make any difference over the long run. It’s a healthy discussion, chill bro
*
You're a Victorian, a prestige education award.
My education level is losing to you.
GrumpyNooby
post Apr 2 2020, 03:35 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(Zdes @ Apr 2 2020, 03:32 PM)
Hi, quick question. How to remove the risk index limiter? Based on the questions, my risk profile doesn't allow me to invest more than 22% risk index. Few weeks ago I saw someone shared there's a way to remove it. But kinda far to scroll back haha...
*
How can I have access to all risk levels?
If you would like access to all risk levels i.e our higher risk portfolios, there is a short, free online course (will take approximately 2 hours) by SGX that you can take. If you score above 90%, please forward the results from SGX to us, and we will be able to open up all risk levels for you.

FAQ in SAMY: https://www.stashaway.my/faq/115001841974-h...all-risk-levels

Definition of higher risk profiles at SASG: https://www.stashaway.sg/r/introducing-high...risk-portfolios
Online Course by SGX: https://onlineeducation.sgx.com/specifiedinvestmentproducts/

This post has been edited by GrumpyNooby: Apr 2 2020, 03:47 PM
GrumpyNooby
post Apr 2 2020, 03:45 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(Zdes @ Apr 2 2020, 03:44 PM)
This applicable for stashaway my?
*
How can I have access to all risk levels?
If you would like access to all risk levels i.e our higher risk portfolios, there is a short, free online course (will take approximately 2 hours) by SGX that you can take. If you score above 90%, please forward the results from SGX to us, and we will be able to open up all risk levels for you.

FAQ in SAMY: https://www.stashaway.my/faq/115001841974-h...all-risk-levels

This post has been edited by GrumpyNooby: Apr 2 2020, 03:47 PM
GrumpyNooby
post Apr 3 2020, 09:21 AM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(furious and fast @ Apr 3 2020, 09:20 AM)
with the benefit of hindsight, anyone who had been doing DCA over the past few months or past few years would be in a LOSS position now.

let me give example of doing the opposite of DCA

1. i had been saving money in FD since 2019. guarantee 4% per annum. zero risk

2. i deposit 10k in stashaway on 18 march

3. i exit on 1 April. REALIZED quick n easy profit 6%.

user posted image
user posted image
user posted image
*
So you can time the market very well? notworthy.gif notworthy.gif notworthy.gif
GrumpyNooby
post Apr 3 2020, 09:24 AM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(furious and fast @ Apr 3 2020, 09:23 AM)
i DCA into fixed deposit since past few years, waiting for the right time to strike. ? why?
because FD has no risk.

again , with the benefit of hindsight.
*
So what indicators you used to determine right time to enter and exit?
GrumpyNooby
post Apr 3 2020, 09:28 AM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(furious and fast @ Apr 3 2020, 09:26 AM)
sudden and rapid crash is the indicator to enter.

u may exit whenever you are in a profit position.
*
No indicator? hmm.gif
Some may use the VIX to determine sudden movement in the US market.
GrumpyNooby
post Apr 3 2020, 09:33 AM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(furious and fast @ Apr 3 2020, 09:29 AM)
no clue what is dat
*
CBOE Volatility Index (^VIX)

user posted image
GrumpyNooby
post Apr 4 2020, 06:49 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(MasterConfucion @ Apr 4 2020, 06:16 PM)
what is stashaway? i’m using ambank now is it better to switch to stashaway?
*
QUOTE(MasterConfucion @ Apr 4 2020, 06:16 PM)
i keep seeing this more often
*
This is not bank account, FD nor Bursa Malaysia trading.
I'm not sure if you know what SAMY is all about first.

GrumpyNooby
post Apr 4 2020, 07:19 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(MasterConfucion @ Apr 4 2020, 07:17 PM)
Nope. I thought is something like Ambank buy shares but its own platform
*
It's a platform for buying ETFs denominated in USD.
If you're a shares trader, this is boring to you.
GrumpyNooby
post Apr 4 2020, 07:35 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(MasterConfucion @ Apr 4 2020, 07:34 PM)
I c. Thanks! So it’s like fundsupermart!
*
Yes but FSM One is heavily concentrated on unit trusts/mutual funds.
GrumpyNooby
post Apr 4 2020, 10:06 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(MasterConfucion @ Apr 4 2020, 10:02 PM)
Har? Can’t select what u invest is like gambling? Put my money on hands of the app?
*
Yes, you can't select.
You can only adjust your risk appetite rating from 6.5 to 36.

This post has been edited by GrumpyNooby: Apr 4 2020, 10:07 PM
GrumpyNooby
post Apr 5 2020, 04:04 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
Then, I need to withdraw once it hits break even point since there's no transparency in this company and it's very concerning due to the undisclosed AUM.

Gosh, what had I gotten into! Dam ...

This post has been edited by GrumpyNooby: Apr 5 2020, 04:04 PM
GrumpyNooby
post Apr 5 2020, 04:47 PM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
QUOTE(xcxa23 @ Apr 5 2020, 04:46 PM)
ah i see.. thanks for the info
i thought it was transfer of portfolio between robo, did not know it is literally ''force selling'' 

damn.. need to rethink my strategy
*
Force selling my friend.
I have read through the whole email content in the post.
GrumpyNooby
post Apr 6 2020, 11:10 AM

10k Club
********
All Stars
12,387 posts

Joined: Feb 2020
BNM said banks in MY are well capitalized.

35 Pages « < 3 4 5 6 7 > » Top
 

Change to:
| Lo-Fi Version
0.4022sec    0.59    7 queries    GZIP Disabled
Time is now: 29th November 2025 - 02:58 AM