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 Wahed Invest Malaysia, Good, Ok2, Bad?

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dinkelberg
post May 13 2020, 12:59 PM

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Hi guys , just wondering. Whats the point of wahed if you could buy it through Bursa ?
skystrike
post May 13 2020, 01:02 PM

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QUOTE(dinkelberg @ May 13 2020, 12:59 PM)
Hi guys , just wondering. Whats the point of wahed if you could buy it through Bursa ?
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maybe becoz opening wahed account is easier than opening cds account...
ameli7a
post May 13 2020, 01:02 PM

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QUOTE(dinkelberg @ May 13 2020, 12:59 PM)
Hi guys , just wondering. Whats the point of wahed if you could buy it through Bursa ?
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“why wouldn’t I buy securities suggested by Wahed directly?” Their answer is:

While you may be able to buy the securities suggested by Wahed directly through your broker, you may not be able to get them all at the same time in a cost-effective and efficient manner. In addition, some brokers may require a high minimum investment to open an account. Wahed’s service also monitors and facilitates the periodical rebalancing of your portfolio at no additional cost.

More importantly, you may not be able to open and monitor an account in the same seamless manner as you do with Wahed. With Wahed’s advanced technology, you can open an account online and in minutes and get access to global markets.
AlcaGamerZ
post May 13 2020, 01:14 PM

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QUOTE(waghyu @ May 13 2020, 12:58 PM)
I new also on this. Many sifu2 here show good profit.
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Yup , that's why i've been monitoring for like 3 month or so , and now asking for advice what shall i do in my case , i do have some spare money for the following month but well my goal is long term invesment , would love to know how sifu feels about long term investment with Wahed

This post has been edited by AlcaGamerZ: May 13 2020, 01:15 PM
honsiong
post May 13 2020, 01:34 PM

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QUOTE(dinkelberg @ May 13 2020, 12:59 PM)
Hi guys , just wondering. Whats the point of wahed if you could buy it through Bursa ?
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QUOTE(ameli7a @ May 13 2020, 01:02 PM)
“why wouldn’t I buy securities suggested by Wahed directly?” Their answer is:

While you may be able to buy the securities suggested by Wahed directly through your broker, you may not be able to get them all at the same time in a cost-effective and efficient manner. In addition, some brokers may require a high minimum investment to open an account. Wahed’s service also monitors and facilitates the periodical rebalancing of your portfolio at no additional cost.

More importantly, you may not be able to open and monitor an account in the same seamless manner as you do with Wahed. With Wahed’s advanced technology, you can open an account online and in minutes and get access to global markets.
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Bursa is much cheaper to trade on vs foreign brokers. RM8-10 per trade is really small compared to the 0.8% platform fee incurred to Wahed over time.


saebuzz
post May 13 2020, 02:00 PM

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QUOTE(honsiong @ May 13 2020, 01:34 PM)
Bursa is much cheaper to trade on vs foreign brokers. RM8-10 per trade is really small compared to the 0.8% platform fee incurred to Wahed over time.
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so how does wahed charge actually? is it per deposit made?
saebuzz
post May 13 2020, 02:01 PM

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anyone tried gold investment with wahed? how's the profit rate?
dirtinacan
post May 13 2020, 02:48 PM

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QUOTE(honsiong @ May 13 2020, 01:34 PM)
Bursa is much cheaper to trade on vs foreign brokers. RM8-10 per trade is really small compared to the 0.8% platform fee incurred to Wahed over time.
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For small amount,wahed will be cheaper. My cost just 0.79cent last month. Profit already in the hundreds
zstan
post May 13 2020, 05:24 PM

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QUOTE(honsiong @ May 13 2020, 01:34 PM)
Bursa is much cheaper to trade on vs foreign brokers. RM8-10 per trade is really small compared to the 0.8% platform fee incurred to Wahed over time.
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Can you buy 0.1 lot on bursa?
watabakiu
post May 13 2020, 09:35 PM

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edit

This post has been edited by watabakiu: May 13 2020, 09:38 PM
watabakiu
post May 13 2020, 09:37 PM

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QUOTE(ameli7a @ May 12 2020, 05:06 PM)
I received email from Wahed stating that they received my money on 7th May. However until now, the money has not been invested yet. It remains as cash only. I read the Q&A stating We place trades on a Monday and a Thursday of each week.

Should I wait or email them ? It is already 5 days now.

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thought they place trades daily? if you could point me to the Q&A pls
zstan
post May 13 2020, 09:39 PM

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QUOTE(watabakiu @ May 13 2020, 09:37 PM)
thought they place trades daily? if you could point me to the Q&A pls
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Check their website...?
watabakiu
post May 14 2020, 05:31 AM

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so if do topup on thursday AM, it gets transacted the same day?
smartlife38
post May 14 2020, 07:27 AM

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It looks like correction is starting, be strong, be blind and deposit more my friend.
SUSSGLT2
post May 14 2020, 07:52 AM

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QUOTE(smartlife38 @ May 14 2020, 06:27 AM)
It looks like correction is starting, be strong, be blind and deposit more my friend.
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Yup. Starting to coming down but hey thats what investment is.
tadashi987
post May 14 2020, 09:39 AM

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time to end the party and shut ur window for might be coming windstorm biggrin.gif

This post has been edited by tadashi987: May 14 2020, 09:39 AM
GrumpyNooby
post May 14 2020, 10:00 AM

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QUOTE(tadashi987 @ May 14 2020, 09:39 AM)
time to end the party and shut ur window for might be coming windstorm  biggrin.gif
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Shouldn't be windstorm is the time to grab more? hmm.gif

This post has been edited by GrumpyNooby: May 14 2020, 10:01 AM
tadashi987
post May 14 2020, 10:16 AM

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QUOTE(GrumpyNooby @ May 14 2020, 10:00 AM)
Shouldn't be windstorm is the time to grab more? hmm.gif
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well for strong long-term holder yes whistling.gif

but seems there are a lot weak speculator in robo also haha

BooYa
post May 14 2020, 11:14 AM

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drop drop drop sell sell sell ohmy.gif

This post has been edited by BooYa: May 14 2020, 11:17 AM
saebuzz
post May 14 2020, 01:44 PM

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don't lock losses peeps. add more! rclxm9.gif

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