That's the best way. Cheap way. If you don't want go through all the hoops to save caah then open IB whitelabel account and fund it directly using Malaysian banks.

Of course, keep in mind if you buy from Malaysian banks, be prepared to pay more. Higher exchange rates, higher commission, dividend fees, maintenance fees.

Of course Malaysian banks have been known to block transaction to IB. So yeah the hoops help to unblock those restrictions.

This post has been edited by Ramjade: Mar 27 2019, 08:23 PM

Yes can. See above.

My guess is RM and SGD. RM need to investigate the money more than SGD.

Keep in mind that underlying stuff are still stocks and if you cannot stand sell off, best not to invest in stocks. Stick with safe stuff like FD, EPF and amanah saham. Every year get monoey. Value never drop.

I love Tariff man because of him, he made stuff cheap allow me to buy at cheaper price.

Prepares cash

Stashaway pricing starts from nett 0.8% not 1.2%p.a
https://www.stashaway.my/pricing

Mutual funds from 1.3-2% depending on funds. Need to see the prospectus and fundfacsheet. It's under expense ratio.
This is not including service charge which will be charged by seller upon buying.
If factor in service charge, additional
5% if buy from banks and agents
1.75% from FSM MY
1.5% from eunittrust MY

This post has been edited by Ramjade: May 31 2019, 08:31 PM

I don't think is 1.2%. From their pricing looks like max is 0.8%. Keep in mind most ETF if you go DIY is in the range of 0.05%

Yes. Unit trust generally if you buy they will charge you service charge upfront. The amount charged is as mentioned.
What you describe is service charge.
Additional charges is fund fees as mentioned starting from 1.5% upwards.

I took the opportunity to scoop some companies up during the recent sell down. But not fast enough as market rebounded.

I don't do ETF or robo. I invest mainly for income (dividends). My Rm3k allocation for PRS for this year is still untouched.

SGX. NYSE still expensive. That one need at least 10-20% correction.

Nope. Once you reach USD100k, best to DIY via interactive broker. There's a telegram chat about this involving Singaporean investors.

This post has been edited by Ramjade: Jun 21 2019, 10:01 PM

Endowus SG

If you want to buy gold, buy the index which track the price.
GLD

Nope. He/she wanted some where to put money. So give pain, might as well start with big amount. Then won't feel like burning the money.

AW can't do it as the person can't own fractional share. One can own fractional share with Stashaway.

This post has been edited by Ramjade: Jun 27 2019, 07:56 PM

Yes is very safe as overtime, index invesring will go up. Keep in mind index investing require you to sell away your gains for income. So if that year you want to withdraw is bear year, then good luck. If Malaysian govt were to approve Stashaway as sub of EPF, they can have my money. Chances of it being approved is nil.

Unit trust no risks? You got it be joking. Unit trust invest in stocks and bond market. Difference between unit trust and Stashaway is one is active, there's buying and selling by a group of people. Stashaway is index investing. They just buy market and give you market returns with attempts to. Mix and match different market for best result.

Sad but true.

This post has been edited by Ramjade: Aug 17 2019, 10:57 AM

Don't expect always positive returns on yearly basis. Be prepared for negative returns. That's investing. If you cannot handle any negative returns, then stick with safe investment vessel.
Promo FDs, amanah saham fixed price fund. Guaranteed cannot lose money.

I don't do robo. I DIY via IBKR. Yes I agree Stashaway fees is rather steep for a robot (when you compare with US robot). Reason I don't do robot is ETF investing force you to sell when you need the cash. Dividend investing on the other hand means you get cash coming in every few months. You can pick your favourite dividend stocks. Not so much with ETF investing.

Supposed. Easy for them to claim backrest result. But if they can predict, they are God already. It has not been tested in a real market sell down like in 2008.

Is possible if you are using IBKR. Cost is about USD5/transaction or USD few cents per transaction.

That's why people said up to RM50k use robot. More than that DIY.

I can't find where I read it. Is something to do with the fees you will be paying in an annual basis.

So easiest combo for Malaysians not residing in Singapore: Maybank isavvy saving + Maybank Kim Eng brokerage

Correction
Cimb Fastsaver + FSM SG or
Cimb Fastsaver + Interactive broker or whitelabels

That's the problem with index investing. If market is in bear mode, your return can drop by 20-30%. Imagine needing to liquidate at 20-30% discount.

Nope. Not the same. If your dividend is large enough even with drop of 20-30% you will still receive your dividends. No need
to sell. Best part is only some will be affected. Not all stocks.
Eg you received RM12000/year, if market drop by 20-30% and assumed you received dividend of only RM10k (dividend drop), you will still receive RM10k provided you don't sell. Dividend investing means money is coming in every month or every few months providided you don't sell anything.

If you go for capital gains, drop in 20-30% means the amount available for you to already drop by 20-30%.

Hope is clear.

This post has been edited by Ramjade: Sep 2 2019, 01:33 PM