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 Wahed Invest Malaysia, Good, Ok2, Bad?

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shook
post 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?
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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.

user posted image

This post has been edited by shook: May 6 2020, 10:01 AM
waghyu
post 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.

user posted image
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Wow, high gain.
shook
post May 6 2020, 12:23 PM

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QUOTE(waghyu @ May 6 2020, 11:16 AM)
Wow, high gain.
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Ya. Hope this will continue 😆

Today i deposit another 200. 😁
waghyu
post 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. 😁
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Local bank deposit?
zstan
post 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.
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nice. maybe i should do the other way round. take the profits and put in another very aggressive portfolio instead laugh.gif


waghyu
post 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.

user posted image
*
How to choose MYR account type? I try open and it's quoting USD deposits.
Leo the Lion
post 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.
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I think latest update will show RM. previously mine displayed as $ symbol
waghyu
post May 6 2020, 01:14 PM

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Now awaiting verification to complete.

Old portfolio: Aggressive
New portfolio: Very Aggressive
tadashi987
post 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
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is ur heart ready for very aggresive roller coaster tho rolleyes.gif

This post has been edited by tadashi987: May 6 2020, 01:31 PM
waghyu
post 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  rolleyes.gif
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Ready all out.
shook
post May 6 2020, 02:03 PM

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QUOTE(waghyu @ May 6 2020, 12:25 PM)
Local bank deposit?
*
M2u.
shook
post 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.
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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  rolleyes.gif
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This is why i change to moderately. Scared my heart kenot tahan.
Leo the Lion
post May 6 2020, 02:23 PM

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QUOTE(waghyu @ May 6 2020, 02:55 PM)
Ready all out.
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You sure?

I dont want to see you scared and then say here “ahh i am scared! I want to withdraw now!”😄
waghyu
post May 6 2020, 02:39 PM

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QUOTE(shook @ May 6 2020, 02:03 PM)
M2u.
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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 ?
waghyu
post 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!”😄
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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.
GrumpyNooby
post 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.
waghyu
post 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 ?
waghyu
post 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.
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Owh, thanks.
Assassin's
post 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.
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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.


dawja5215
post 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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