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Wahed Invest Malaysia, Good, Ok2, Bad?
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shook
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May 6 2020, 10:00 AM
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QUOTE(waghyu @ May 5 2020, 01:44 PM) One week how much profit can make? Im invest rm500 since 29 april. Today i have rm544.68. At first i choose Very Aggressive portfolio. After 3 days, i change to moderately aggressive portfolio. This post has been edited by shook: May 6 2020, 10:01 AM
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waghyu
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May 6 2020, 11:16 AM
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QUOTE(shook @ May 6 2020, 10:00 AM) Im invest rm500 since 29 april. Today i have rm544.68. At first i choose Very Aggressive portfolio. After 3 days, i change to moderately aggressive portfolio.  Wow, high gain.
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shook
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May 6 2020, 12:23 PM
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QUOTE(waghyu @ May 6 2020, 11:16 AM) Ya. Hope this will continue 😆 Today i deposit another 200. 😁
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waghyu
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May 6 2020, 12:25 PM
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QUOTE(shook @ May 6 2020, 12:23 PM) Ya. Hope this will continue 😆 Today i deposit another 200. 😁 Local bank deposit?
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zstan
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May 6 2020, 12:41 PM
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QUOTE(Kpjh @ May 6 2020, 12:32 AM) I have shifted profits from my very agressive wahed fund to a second wahed moderate fund. Don't know whether to pump more into my very aggressive account the bulk of which will go to buying the myetf dj titans 50 at such high price. nice. maybe i should do the other way round. take the profits and put in another very aggressive portfolio instead
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waghyu
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May 6 2020, 12:47 PM
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QUOTE(shook @ May 6 2020, 10:00 AM) Im invest rm500 since 29 april. Today i have rm544.68. At first i choose Very Aggressive portfolio. After 3 days, i change to moderately aggressive portfolio.  How to choose MYR account type? I try open and it's quoting USD deposits.
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Leo the Lion
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May 6 2020, 01:08 PM
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QUOTE(waghyu @ May 6 2020, 01:47 PM) How to choose MYR account type? I try open and it's quoting USD deposits. I think latest update will show RM. previously mine displayed as $ symbol
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waghyu
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May 6 2020, 01:14 PM
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Now awaiting verification to complete.
Old portfolio: Aggressive New portfolio: Very Aggressive
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tadashi987
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May 6 2020, 01:30 PM
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QUOTE(waghyu @ May 6 2020, 01:14 PM) Now awaiting verification to complete. Old portfolio: Aggressive New portfolio: Very Aggressive is ur heart ready for very aggresive roller coaster tho This post has been edited by tadashi987: May 6 2020, 01:31 PM
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waghyu
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May 6 2020, 01:55 PM
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QUOTE(tadashi987 @ May 6 2020, 01:30 PM) is ur heart ready for very aggresive roller coaster tho  Ready all out.
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shook
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May 6 2020, 02:03 PM
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QUOTE(waghyu @ May 6 2020, 12:25 PM) M2u.
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shook
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May 6 2020, 02:06 PM
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QUOTE(waghyu @ May 6 2020, 12:47 PM) How to choose MYR account type? I try open and it's quoting USD deposits. I dont know. When i open for the time to register its alreeady myr Mybe because of the country that we choose while registering. QUOTE(tadashi987 @ May 6 2020, 01:30 PM) is ur heart ready for very aggresive roller coaster tho  This is why i change to moderately. Scared my heart kenot tahan.
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Leo the Lion
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May 6 2020, 02:23 PM
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QUOTE(waghyu @ May 6 2020, 02:55 PM) You sure? I dont want to see you scared and then say here “ahh i am scared! I want to withdraw now!”😄
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waghyu
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May 6 2020, 02:39 PM
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QUOTE(shook @ May 6 2020, 02:03 PM) Deposit maybank and withdrawal also maybank in MYR currency right ? At Wahed side they treat all investment in MYR or they convert to USD or other currency equitable ?
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waghyu
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May 6 2020, 02:40 PM
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QUOTE(Leo the Lion @ May 6 2020, 02:23 PM) You sure? I dont want to see you scared and then say here “ahh i am scared! I want to withdraw now!”😄 My heart is calm enough for risk. But if things change I go into cry mode or nearly shit in my pants, I let you know here haha.
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GrumpyNooby
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May 6 2020, 02:40 PM
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QUOTE(waghyu @ May 6 2020, 02:39 PM) Deposit maybank and withdrawal also maybank in MYR currency right ? At Wahed side they treat all investment in MYR or they convert to USD or other currency equitable ? Currently all Whaed invests in MYR denominated ETFs. So no conversion to USD like SAMY.
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waghyu
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May 6 2020, 02:41 PM
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QUOTE(shook @ May 6 2020, 02:06 PM) I dont know. When i open for the time to register its alreeady myr Mybe because of the country that we choose while registering. This is why i change to moderately. Scared my heart kenot tahan. What make you decide to go moderate ?
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waghyu
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May 6 2020, 02:41 PM
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QUOTE(GrumpyNooby @ May 6 2020, 02:40 PM) Currently all Whaed invests in MYR denominated ETFs. So no conversion to USD like SAMY. Owh, thanks.
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Assassin's
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May 6 2020, 02:50 PM
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QUOTE(GrumpyNooby @ May 6 2020, 02:40 PM) Currently all Whaed invests in MYR denominated ETFs. So no conversion to USD like SAMY. That is not true. The MyETF US50 is denominated is USD, but traded in Bursa. In Wahed statement, you can see its value in MYR, but in Bursa, its quoted in USD.
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dawja5215
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May 6 2020, 03:45 PM
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Hi all. I've been investing with Wahed since January this year and have been riding the waves of "very aggressive" portfolio ever since. I'm really new in investing. However, I have queries on how they rebalance the fund that holds me back from doing DCA. Maybe anyone can help me better understand this?
I've been reading the thread and I don't find the answer I'm looking for and probably missed it but I wanted to understand why every time I add new fund, the portfolio I'm holding will be reset back to it's original allocation e.g. US Stocks at 65%.
Does that mean, they're selling the units which I bought at lower price and buying it again at a higher price? Example: Current position is at 68% and 100 units bought when it was USD 1 and now worth USD1.5, if I add fund it will sell all 100 units at USD1.5 and buy 100 + x units at USD1.5 or higher based on the amount of fresh fund? Won't that make me more vulnerable to loss? Won't 100 units @USD1 + x units @USD1.5+ is much better?
Thank you in advance.
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