What is the initial amount to open account?
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Investment StashAway Malaysia, Multi-Region ETF at your fingertips!
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Aug 24 2019, 08:56 AM
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#1
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1,572 posts Joined: Oct 2015 |
What is the initial amount to open account?
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Aug 24 2019, 12:24 PM
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#2
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1,572 posts Joined: Oct 2015 |
QUOTE(watabakiu @ Aug 24 2019, 08:56 AM) QUOTE(CardNoob @ Aug 24 2019, 09:08 AM) QUOTE(neverfap @ Aug 24 2019, 11:01 AM) QUOTE(honsiong @ Aug 24 2019, 11:34 AM) Thanks all! Done creating my pofile, and deposited the money thru JomPay. Mentioned that it'll take 1-2 business days for it to be reflected in my account. Yeahhhhh |
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Aug 24 2019, 12:26 PM
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#3
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1,572 posts Joined: Oct 2015 |
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Aug 24 2019, 01:57 PM
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#4
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1,572 posts Joined: Oct 2015 |
^ that will make sense, lol.
eh earlier on, i have determine the goals i want to achieve. say the goal achieved (or the goal has changed), how do i figure my portfolio geared to another goal? |
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Aug 26 2019, 03:22 PM
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#5
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1,572 posts Joined: Oct 2015 |
Created my account/ deposited money on sat (24/8), and just received notification to say they have received the money. Read the thread, and guess this is normal. so another 1-2 days before i start 'investing for my goal'
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Aug 27 2019, 09:10 AM
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#6
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1,572 posts Joined: Oct 2015 |
if doing weekly DCA, when best day to do it? Placed my deposit on Saturday, now still 'in progress' 😥
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Aug 27 2019, 09:55 AM
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#7
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1,572 posts Joined: Oct 2015 |
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Aug 27 2019, 08:36 PM
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#8
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1,572 posts Joined: Oct 2015 |
QUOTE(watabakiu @ Aug 27 2019, 09:10 AM) if doing weekly DCA, when best day to do it? Placed my deposit on Saturday, now still 'in progress' 😥 QUOTE(CardNoob @ Aug 27 2019, 09:12 AM) As I mentioned before, it is not as fast as you think. i sort of agak it will not be the quickest, considering it needs to do the things you said. not like lajadah/choppy sell own items, lolIt needs one day for deposit acknowledgement and conversion to USD. It needs another day for buy order and completion. QUOTE(xcxa23 @ Aug 27 2019, 10:37 AM) Based on my experience, manual deposit thru jompay, usually take 2 to 3 working days to complete (I remember reading stashaway will try to convert on same day if fund reach them by 10am) Meaning to say, depo sat/sun wouldn't have matter much, because it requires 2-3 working days to complete?I just deposited on sun Monday morning acknowledge and nite in progress and I assume later today will be completed QUOTE(wildshot_willy @ Aug 27 2019, 11:14 AM) What I've been through: About the same as my scenario, except that i deposit the money on saturday.1. Sunday evening - Deposit via JomPay. 2. Sunday evening - Drop SA a Whatsapp text. 3. Monday evening - funds received and converted to USD, queue to buy. 4. Tuesday noon - Buy order done. Quite fast. QUOTE(kidmad @ Aug 27 2019, 06:16 PM) so really there's no proper formula for the % of risk appetite ya? Now the way i setup my SA portfolio it's really base on my need. I think soon i'll do one for gadget purchase & property downpayment as well. Your top-up like angpow give for weddings, he he!Now doing RM388 weekly for retirement 20% RM188 for holiday weekly 36% I'll see how good it goes for a couple of months before deciding further. |
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Aug 31 2019, 10:36 AM
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#9
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1,572 posts Joined: Oct 2015 |
1 thing has been bothering me, so i would like to ask opinions on this.
When is the best time to leave SA and to 'reap the reward'? i think it should be the time the goal you set forth is achieved. And then re-invest back SA, with new goals. Sounds okay? thing is.... investment in SA is not like in FD/ savings, in the sense that the principal is guaranteed, and so is the interest. whereas SA value fluctuates, and returns not guaranteed, and no dividends too. hope my concern makes sense, and my exit strategy sounds reasonable? This post has been edited by watabakiu: Aug 31 2019, 10:36 AM |
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Aug 31 2019, 10:49 AM
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#10
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1,572 posts Joined: Oct 2015 |
QUOTE(watabakiu @ Aug 31 2019, 10:36 AM) 1 thing has been bothering me, so i would like to ask opinions on this. When is the best time to leave SA and to 'reap the reward'? i think it should be the time the goal you set forth is achieved. And then re-invest back SA, with new goals. Sounds okay? thing is.... investment in SA is not like in FD/ savings, in the sense that the principal is guaranteed, and so is the interest. whereas SA value fluctuates, and returns not guaranteed, and no dividends too. hope my concern makes sense, and my exit strategy sounds reasonable? QUOTE(Ramjade @ Aug 31 2019, 10:45 AM) 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. that is what bothers me too. we should expect the return to average out over years (peaks and troughs is normal) but when to leave? |
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Aug 31 2019, 01:56 PM
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#11
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1,572 posts Joined: Oct 2015 |
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Sep 1 2019, 02:02 PM
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#12
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1,572 posts Joined: Oct 2015 |
How do I get referrals from this site? https://github.com/anonoz/stashawayreferral.xyz
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Sep 1 2019, 02:05 PM
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#13
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1,572 posts Joined: Oct 2015 |
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Sep 1 2019, 02:08 PM
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#14
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1,572 posts Joined: Oct 2015 |
QUOTE(CardNoob @ Sep 1 2019, 02:06 PM) QUOTE(y3ivan @ Sep 1 2019, 02:06 PM) why you didn't try to pm one of the members here to get a referral code? it would have been free for you and the member for 6m ohlol! registered before i know about referrals..... 😂 |
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Dec 1 2019, 02:35 PM
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#15
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Dec 1 2019, 02:37 PM
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#16
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The 'total returns' is inclusive of the 'dividends received' or not?
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Dec 1 2019, 02:39 PM
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#17
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edit
This post has been edited by watabakiu: Dec 1 2019, 02:42 PM |
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Dec 1 2019, 02:42 PM
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#18
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Dec 8 2019, 12:05 AM
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#19
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SA got charges for withdrawal tak?
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Dec 13 2019, 10:35 AM
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#20
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First time read my statement, and noticed the 'dividend received'... does this go into calculating the weighted returns %?
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