Let say if capital gain is 5%, after withdrawing the 5%, will it still reflect 5% or 0% after withdraw?
Investment StashAway Malaysia, Multi-Region ETF at your fingertips!
|
|
 May 4 2019, 02:31 PM
Return to original view | Post
#1
|
 
Junior Member
371 posts Joined: May 2007 
|
Sorry if this question ask before, anyone tried withdraw money from capital gain?
Let say if capital gain is 5%, after withdrawing the 5%, will it still reflect 5% or 0% after withdraw? |
Quote|
|
|
|
|
May 5 2019, 12:55 AM
Return to original view | Post
#2
|
|
Junior Member
371 posts Joined: May 2007
|
QUOTE(vinzt1 @ May 4 2019, 05:55 PM) I had the same question as well but according to their FAQ Thanks, I just tried click on "Withdrawal Fund" and transfer to another port folio. It says need 1-2 business day to transfer."You can expect the withdrawal process to take approximately 5-7 business days. First, we will sell the securities on your behalf, and then exchange the USD to your respective denomination. Then, we will wire the money from our trust account to your bank account. " I may be wrong but you probably will not get the exact 5%, probably varies in between 5% depending on when they sell your securities and also have to consider FX conversion from USD to RM back.  However in FAQ say otherwise, which is confusing.  "Can I transfer fund from one goal to another? At this time, it is not possible to transfer funds from one portfolio to another. If you wish to transfer funds, you will have to withdraw the funds to your bank account and set up a new bank deposit to your StashAway account." |
|
|
May 5 2019, 12:24 PM
Return to original view | Post
#3
|
|
Junior Member
371 posts Joined: May 2007
|
QUOTE(honsiong @ May 5 2019, 01:54 AM) Yea the FAQ is updated. Let their CS know. Sure. Waiting for CS reply on MondayQUOTE(FunnyNinja @ May 5 2019, 11:49 AM) Hi Sifus, Started DCA investing from March, 36% risk. Capital gain ranging 4-6% so far. Market currently overbought tho.Wanna ask, normally what is the % percentage return u all get for risk 36% per month? |
|
|
May 5 2019, 04:23 PM
Return to original view | Post
#4
|
|
Junior Member
371 posts Joined: May 2007
|
QUOTE(nickcct @ May 5 2019, 04:19 PM) Yes. Now can transfer fund to other goals. I did once. But It will take 1-2 business day. Thanks a lot  , will the total return showing same % or reduce after withdrawal? |
|
|
May 6 2019, 10:25 PM
Return to original view | Post
#5
|
|
Junior Member
371 posts Joined: May 2007
|
QUOTE(FunnyNinja @ May 6 2019, 08:34 AM) Hm, how should it work actually? From March 2019 until last Friday. I transfer my capital gain to 8% risk port folio, still processing.I am still blurred here...lol Same like mine then. Wow, so high, the return percentage u mentioned is annually or monthly? Quite high return though, it's based on monthly or yearly? Snap the finger. |
| Change to: |  0.4113sec
 0.29
 7 queries
 GZIP Disabled
Time is now: 6th December 2025 - 06:47 PM |
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Powered by Invision Power Board © 2025 IPS, Inc.