Hi, Pm-ed you.

Hi Pm-ed you.

Referral Programme
"For every friend that you refer and who funds their account, both of you are entitled to a 6-month management fee waiver, for up to RM 30,000 of assets under management.
If you refer 2 friends and they both invest at least RM 1, RM 60,000 of your assets under management would be managed for free for 6 months. 3 friends, RM 90,000; and so on."

Just wondering on the referral programme from SA, lets say I only have enough money to invest RM5000 in SA currently, will it be beneficial to refer more than 1 friend since I will not have enough money to invest more than RM 30000 let alone rm 60000 or rm 90000? Does it make sense to say that having 3 referral would has the same effect as having 1 in this case?

I had the same question as well but according to their FAQ

"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.

Mine fluctuate a lot in between -0.8% and +0.5%

sad week, return of -3% now, losing a lot of $$

What if I did a one time lump sum instead of DCA constant? do you think this will affect my return to be lower in the long run?

Should do DCA should be fine even if it drops, it will probably bounce back up after the correction. Cant time the market.
Dont be like me do one lump sum and now losing so much

Yea if you got spare cash can pump more in slowly, I would do the same as you, unfortunately I am out of ammo for now till my next paycheck.
but knowing trump actions, you may nvr know what he will do, maybe next week market will bounce back up which is highly unlikely looking at the events that is going on... but still a possibilities

wah... just one day im down to -5.6% due to trump shenanigans , Im shitting bricks now

hopefully coming years it will rise back since im on long run as well