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

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kabal82
post Dec 2 2020, 03:32 PM

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From: Kuching, Sarawak


1st time invest in SAMY here... using auto-debit recurring date on every 28th... received an email on 30th saying "Direct debit have been scheduled"... but till today showing my auto-debit still in progress 😅

The amount still not yet transacted from my bank account

This post has been edited by kabal82: Dec 2 2020, 03:33 PM
kabal82
post Dec 3 2020, 08:34 AM

♥Nature Lover♥
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Senior Member
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Joined: Dec 2004
From: Kuching, Sarawak


QUOTE(Xenopher @ Dec 2 2020, 03:40 PM)
1st time auto debit is usually slow (around 5-7days) because of the e-mandate process with bank. Subsequent should be a lot faster.
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just received confirmation email that my direct debit was successful last nite... really damn slow blink.gif

SAMY will only start invest once the amount is reflected in the account, rite? So actual date of investment is depend on how fast the process of deposit + currency exchange, ya? And not on actual day of my recurring date then...

hopefully like what u said, slow for the 1st time... subsequent transaction will be middle of this month, will monitor how long it take to transfer into my SAMY account.
kabal82
post Dec 3 2020, 08:57 AM

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From: Kuching, Sarawak


QUOTE(polarzbearz @ Dec 3 2020, 08:41 AM)
Mine direct debit on 30 Nov and at night (us market opens) the investment is done on same day hmm.gif
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looks like no SOP from SAMY doh.gif hahaha

hopefully after this, the experience i gained from SAMY would not be too far off with my other investment platform... FSM & PMO
kabal82
post Dec 3 2020, 09:02 AM

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From: Kuching, Sarawak


QUOTE(zstan @ Dec 3 2020, 08:55 AM)
seems like it's a common trait for new comers to exhibit a sense of paranoia for their first deposit laugh.gif
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no lar... i was too eager to invest in SAMY, just want to see how's the platform running
kabal82
post Dec 3 2020, 09:12 AM

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Joined: Dec 2004
From: Kuching, Sarawak


QUOTE(AthrunIJ @ Dec 3 2020, 09:06 AM)
Heh, don't worry. 1st time investor in SA too.

Just got email confirmation of already setting up direct debit with my bank and SA after 3 working days.

Now waiting for the transaction to be cleared.

🥳🥳🥳
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mine is the subsequent auto-debit... the initial RM1 setting up for auto-debit already cleared & reflected in my SAMY already
kabal82
post Dec 18 2020, 11:59 AM

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From: Kuching, Sarawak


may i know whether "Auto re-optimisation" is recommended or not?

at the moment, the default is enabled

This post has been edited by kabal82: Dec 18 2020, 12:00 PM
kabal82
post Dec 18 2020, 03:21 PM

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From: Kuching, Sarawak


QUOTE(DragonReine @ Dec 18 2020, 02:57 PM)
If you want to make it as passive as possible and don't want to think too hard. Spend less time to check and rebalance your portfolio.

I have it auto enabled and it only rebalanced once earlier this year for me for a few portfolios. SA generally doesn't rebalance too often, because with currency changes you'll lose money in long run.
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"rebalance" is in terms of re-adjust risk profile or what actually?
kabal82
post Feb 13 2021, 11:43 AM

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From: Kuching, Sarawak


QUOTE(Hoshiyuu @ Feb 13 2021, 04:09 AM)
user posted image

You can set up 4 different monthly schedule, so it would become functionally weekly.
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I setup my dca for twice per month investment since the amount I put in is not so significant 😅

 

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