Welcome Guest ( Log In | Register )

4 Pages < 1 2 3 4 >Bottom

Outline · [ Standard ] · Linear+

 Wahed Invest Malaysia, Good, Ok2, Bad?

views
     
tadashi987
post Apr 27 2020, 07:28 PM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
QUOTE(zacknistelrooy @ Apr 27 2020, 06:04 PM)
Nope
That isn't true

If you really want to know if Wahed is doing well then check their own created ETF (HLAL)
So far it is inline with the market performance
Wahed is not outperforming because they have invested in US Titan 50

It looks like it is ouperforming because the ETF are selling way above its value

If you look at NAV which I even showed last month it is similar to StashAway

Even today if I wanted to sell more than 400 shares, the price on offer was 1.25 and 400 shares were on offer at 1.3 while the price was at 1.37
*
hope Wahed Msia can switch to HLAL soon wink.gif

This post has been edited by tadashi987: Apr 27 2020, 07:28 PM
tadashi987
post Apr 27 2020, 09:07 PM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
QUOTE(zacknistelrooy @ Apr 27 2020, 08:56 PM)
I only asked to stop making misleading statements because when others look at the performance, they will think it is something great without knowing the full story.

When you mentioned performance you also need to mention how much more premium the ETF is currently trading at so people know what risk they are getting into

There are no issues with the app

The risk in overpaying is like last month when it trades at a discount or when Wahed finally moves to another ETF and sells it at value and not the premium you are currently looking at.
*
QUOTE(GrumpyNooby @ Apr 27 2020, 09:00 PM)
Who cares about the story.
That's the job of the robo-advisor which should have done the job the well by eliminating human emotions from investing and handling the fine details as I was told earlier.
Keep DCA and rest assure that the robo-advisor will do its job which it's also proven well with the graph.

If Wahed is doing some fishy business at here, then the more one should report this to SC.
Until today, there's no official midst or air clearing statement from Wahed.
*
chill dudes sweat.gif , I think zacknistelrooy is just trying to tell us not to get too excited looking at the performance but forgetting the myETF-US50 is trading at a premium -> we might not get what we see in the app

what he does is not wrong for creating an awareness to us

I guess the best way is to test and sell ALL and see if your receiving bank amount would it be much different from what your holdings is showing in the end

This post has been edited by tadashi987: Apr 27 2020, 09:07 PM
tadashi987
post Apr 28 2020, 12:53 AM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
QUOTE(zacknistelrooy @ Apr 27 2020, 10:40 PM)
Thank you for your understanding

By no means Stashaway is perfect either

Those in the 36% risk are seeing underperformance mainly due to to nearly 30% allocation towards underperforming asset classes at least for the past month

Those are Small Caps, Europe and Cash

So that is why I always advocate to know what your are investing because in the end of the day you have your own best interest.
I am sure one wants to end up like the retail clients of Bank of China that lost nearly a 1 bil because they were put in crude oil products

https://www.scmp.com/business/money/markets...llapse-burn-us1
*
what do you invest in tho whistling.gif
tadashi987
post Apr 29 2020, 04:58 PM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
QUOTE(confusedkid @ Apr 29 2020, 04:32 PM)
My withdrawal on 24th, money masuk bank acc on 28th. Seems like they're quite fast now.
*
so how, any discrepancy or how much is the discrepancy of ur 24th last saw amount and ur amount received? brows.gif
tadashi987
post Apr 29 2020, 04:59 PM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
QUOTE(tadashi987 @ Apr 29 2020, 04:58 PM)
so how, any discrepancy or how much is the discrepancy of ur 24th last saw amount and ur amount received?  brows.gif
*
oh but i think most probaby is more than what u saw since these few days it is non-stop uptrend hmm.gif
tadashi987
post May 1 2020, 01:38 AM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
QUOTE(mt24 @ May 1 2020, 01:23 AM)
Just only 2 days and I have earned 3.x% profit with very aggressive portfolio.

Not bad right?

Thinking of to top up more but worried there would be losses.
*
you cannot time the market anyway, just keep DCA?

QUOTE(rizuan1226 @ May 1 2020, 01:26 AM)
Withdraw on April 27th, 1st May (0100 AM) the money is in the bank acc. yeay
*
seem even faster than Stashaway nowadays hmm.gif

tadashi987
post May 2 2020, 10:09 AM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
QUOTE(MNet @ May 2 2020, 09:56 AM)
What is the AUM?
*
from wiki

total market value of all the financial assets which a financial institution such as a mutual fund, venture cap

briefly the total asset / monies that client put in the financial institution (FI) product for investment and manage
tadashi987
post May 2 2020, 11:49 AM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
QUOTE(GrumpyNooby @ May 2 2020, 11:42 AM)
He wants to know AUM for Whaeed.

He has been asking AUM for SAMY too.
*
oh i thought definition doh.gif silly me
tadashi987
post May 5 2020, 07:06 AM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
QUOTE(ipohps3 @ May 5 2020, 03:57 AM)
I thought referral bonus now is RM 20 only?  hmm.gif
*
I think
annoymous1234 started quite early back then
tadashi987
post May 5 2020, 09:52 AM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
QUOTE(dirtinacan @ May 5 2020, 08:55 AM)
I also just knew this.

the Wahed charges is below RM1 for me (not big account. haha) for  1month. with paper profit few hundreds.

but now need to pay attention on the news.

I believe no more downsides for US (it had fallen a lot, and not able to fall further)
that being said, we saw oil became negative price just last month mega_shok.gif
*
ya so far so good, but one thing i dont like about it is that not sure why sukuk/bond they would go for RHB islamic bond fund

RHb bond fund doesn't known to be good, hearsay there is few round of dropping because of default credit or so

personally feel syariah bond fund best is Amanah Syariah Trust (excluding nomura which is wholesale bond fund)

user posted image

This post has been edited by tadashi987: May 5 2020, 09:53 AM
tadashi987
post May 5 2020, 01:44 PM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
QUOTE(ameli7a @ May 5 2020, 01:39 PM)
Hi, I deposited Rm100. After 2 hours i received e-mail stating my deposit was unsuccessful. I checked my bank balance it still shows rm100 missing. What should i do now?
*
the acknowledgement email of unsuccessful is from Wahed right? thou refund a lot of times will take times, e.g. 1 / 2 days, but you should check with Wahed CS on the refund settlement day
tadashi987
post May 5 2020, 03:29 PM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
user posted image
tadashi987
post May 5 2020, 03:33 PM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
QUOTE(zstan @ May 5 2020, 03:30 PM)
crazy mann spike so much in just 2 weeks.
*
not sure if OPR down stimulate the market further sweat.gif
tadashi987
post May 5 2020, 08:59 PM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
QUOTE(ameli7a @ May 5 2020, 04:57 PM)
Thank you guys. Yes i received email about the transaction being unsuccessful from Wahed. I checked in the app also it showed failed. I have contacted them. I used maybank2u to deposit. I'm worried actually. I want to add money but this thing happened. I really want to add money. Should i try again ?
*
QUOTE(ameli7a @ May 5 2020, 05:31 PM)
Hey guys let me explain my problem here.

I deposited RM100 today. At 12.36pm, I received email form Wahed stating that Your deposit is successful. The funds will be reflected in your account within 1-2 business days. In the email it showed amount, Transaction ID, Transaction Number and Bank.

At 1.01pm I received another email stating that Transaction unsuccessful. We were unable to process your transaction. It is important to note that in this email the Transaction ID and Transaction Number are different from the first one i received.

What is happening? I have tried to reach them out but no reply till now.
*
since you are mentioning that there are two transaction ID received through ur email, your app only show one transaction ID?
tadashi987
post May 5 2020, 10:44 PM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
QUOTE(ameli7a @ May 5 2020, 10:27 PM)
Both. Even the application is showing different transaction ID. It makes me quite worried actually. Luckily it's a small amount. I hope the problem is rectified soon. Any of you guys encounter this problem before?

user posted image
*
so your RM100 doesn't go missing isn't it ?

it still successfully submitted one deposit I think

technically I think FPX side failed the first trial of depositing (first trans ID) but upon requery it is success so it create another transaction (second trans ID)

some wild guess from my field knowledge

so thing u want to confirm is that
1) you deposit only RM100
2) your RM100 deposit is indeed reflected in the app, and will be used for investment (can confirm with Wahed tomorrow)

tadashi987
post May 5 2020, 11:18 PM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
QUOTE(ameli7a @ May 5 2020, 11:08 PM)
I only deposit RM100 once. I did transaction once only. I'm not sure why it's showing two. One time only through maybank2u. Till now the RM100 is not reflected in the application.
I did not do two transactions.

12.36pm email - Deposit was successful
1.01pm email - Deposit was not processed.
*
yes dude, still u only deposit once RM100, you get one transaction RM100 successful, it is alright, just ignore the unsuccessful ones.

you can double check with Wahed CS just in case smile.gif
tadashi987
post May 6 2020, 01:30 PM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
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 rolleyes.gif

This post has been edited by tadashi987: May 6 2020, 01:31 PM
tadashi987
post May 6 2020, 05:26 PM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
QUOTE(dawja5215 @ May 6 2020, 03:45 PM)
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.
*
not necessary it involves sell for re-balancing

I guess Wahed rebalancing logic is that, e.g. current your portfolio value $1000 as of 30 April

US stock 68% RM680 (based on portfolio value)
MY stock 21% RM210
Sukuk 10% RM100
Cash 1% RM10

you top up RM500 on 1 May
so Wahed will do at such

RM1000 (original portfolio)+ RM500 (deposit amount)= RM 1500

US stock 65% = RM975 (invest amount = RM975 - RM680 = RM295)
MY Stock 20% = Rm300 (invest amount = RM300 - RM210 = RM90)
Sukuk 12.5% = 187.5 ("")
Cash 1% = ""

This is what i understood, correct me if i am wrong


tadashi987
post May 6 2020, 05:55 PM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
QUOTE(saebuzz @ May 6 2020, 05:54 PM)
Sorry, what's the fees involve in this wahed? Anyone can share?
*
Wahed Pricing
tadashi987
post May 7 2020, 09:20 PM

Look at all my stars!!
*******
Senior Member
2,106 posts

Joined: Jul 2018
QUOTE(waghyu @ May 7 2020, 09:10 PM)
Capital or profit withdrawal, how flexible? Can fully withdraw everything then next month deposit again? Or they will penalty on account status or fees?
*
no such things on penalty, free withdrawal

4 Pages < 1 2 3 4 >Top
 

Change to:
| Lo-Fi Version
0.0719sec    0.73    7 queries    GZIP Disabled
Time is now: 27th November 2025 - 04:08 AM