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 Wahed Invest Malaysia, Good, Ok2, Bad?

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solstice818
post Feb 24 2020, 03:23 PM

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QUOTE(preducer @ Feb 23 2020, 10:55 PM)
We wanted to let you know that effective from Monday, 24th February 2020*, we will revise our referral amount to RM 20 ($5) referral bonus for both the person who refers a successful client to Wahed and the new client who joined Wahed successfully with a valid referral code.

Referrals which are successful before 24th Feb will still be for RM40, only referrals which are successful on and after 24th February will be changed to RM20 ($5).

Thank you again, and happy investing!

*All successful referrals prior to this date will still be rewarded fully in RM 40.
*
Expected this to happen since a lot people abusing it.

Anyway, for those who have yet to register, RM20 is still a good reward. 20% of RM100. Not bad.


QuekZai
post Feb 24 2020, 03:59 PM

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Hi guys,

I tried to deposit into Wahed Invest using FPX but received two failed notification and emails. May I know is this happening to anyone before?

user posted image


Regards,
quekzai
GrumpyNooby
post Feb 24 2020, 04:02 PM

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QUOTE(QuekZai @ Feb 24 2020, 03:59 PM)
Hi guys,

I tried to deposit into Wahed Invest using FPX but received two failed notification and emails. May I know is this happening to anyone before?

user posted image
Regards,
quekzai
*
Some from FSM thread tat FPX got problem this morning.
QuekZai
post Feb 24 2020, 04:07 PM

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QUOTE(GrumpyNooby @ Feb 24 2020, 04:02 PM)
Some from FSM thread tat FPX got problem this morning.
*
Oh. Thanks for informing. But it seems like the amount is deducted from my account already..


confusedkid
post Feb 24 2020, 04:10 PM

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QUOTE(QuekZai @ Feb 24 2020, 03:59 PM)
Hi guys,

I tried to deposit into Wahed Invest using FPX but received two failed notification and emails. May I know is this happening to anyone before?

user posted image
Regards,
quekzai
*
RM 100 is the minimum investment amount, no?
QuekZai
post Feb 24 2020, 04:17 PM

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QUOTE(confusedkid @ Feb 24 2020, 04:10 PM)
RM 100 is the minimum investment amount, no?
*
I am thinking this is a bug on their app.. I am not particularly sure about it..


QuekZai
post Feb 24 2020, 04:32 PM

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QUOTE(QuekZai @ Feb 24 2020, 04:07 PM)
Oh. Thanks for informing. But it seems like the amount is deducted from my account already..
*
I finally managed to reach their customer service. They told me that this is an issue with FPX gateway. This is just an error message. smile.gif
solstice818
post Feb 24 2020, 05:18 PM

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QUOTE(QuekZai @ Feb 24 2020, 04:32 PM)
I finally managed to reach their customer service. They told me that this is an issue with FPX gateway. This is just an error message. smile.gif
*
I thought for Wahed, minimum amount is RM100? Only SA allows RM50, no?
qal123
post Feb 24 2020, 06:22 PM

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This is DJI future index for this night. We will see a significant drop of profit due to virus sentiment surges outside of china. Be prepare!
GrumpyNooby
post Feb 24 2020, 06:23 PM

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QUOTE(qal123 @ Feb 24 2020, 06:22 PM)
user posted image

This is DJI future index for this night. We will see a significant drop of profit due to virus sentiment surges outside of china. Be prepare!
*
A significant drop is what I have been timing for.
Unable to DCA since it has been up for weeks.
balf
post Feb 24 2020, 07:08 PM

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QUOTE(GrumpyNooby @ Feb 24 2020, 06:23 PM)
A significant drop is what I have been timing for.
Unable to DCA since it has been up for weeks.
*
if u really perform dca, u wont mind if it goes up or down.
GrumpyNooby
post Feb 24 2020, 07:10 PM

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QUOTE(balf @ Feb 24 2020, 07:08 PM)
if u really perform dca, u wont mind if it goes up or down.
*
My initial investment is not big.
Performing DCA will just average up my average cost per unit.
qal123
post Feb 24 2020, 07:28 PM

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My post on concerning about that DJI index is to make sure investors not gonna think the performance will be all time high. Especially, with basic knowledge about investment. I’m scared there will be a panic sell like what had happened on KLCI this morning. Right now for me what can I see is only gold are the “safe haven” investment so far. People afraid of their market, virus sentiment and recession. GoldETF tradeplus shariah in Bursa Malaysia spike high following the gold price increases.

This post has been edited by qal123: Feb 24 2020, 07:29 PM
zstan
post Feb 25 2020, 07:28 AM

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QUOTE(GrumpyNooby @ Feb 24 2020, 06:23 PM)
A significant drop is what I have been timing for.
Unable to DCA since it has been up for weeks.
*
If you are doing DCA then you are not timing the market but depositing it regularly regardless of market conditions.

But to answer you query, yes the virus may cause DJI index to plunge but take a look at your gold index. It shot up. That's why all funds will have equities and safe haven like gold to contra each other.
GrumpyNooby
post Feb 25 2020, 07:32 AM

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QUOTE(zstan @ Feb 25 2020, 07:28 AM)
If you are doing DCA then you are not timing the market but depositing it regularly regardless of market conditions.

But to answer you query, yes the virus may cause DJI index to plunge but take a look at your gold index. It shot up. That's why all funds will have equities and safe haven like gold to contra each other.
*
I got DCA in SAMY.
The holding there is few folds more than Wahed.
cucumber
post Feb 25 2020, 12:12 PM

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Does anyone know when they are going to implement the option for us to change portfolios?
M&N
post Feb 25 2020, 01:59 PM

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Starting Wahed today. Been with SA since Sept 2019.

Waiting for the 4th & 5th robo-advisor this year. heard is Raiz & Robowealth.
ben3003
post Feb 25 2020, 02:44 PM

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thanks for providing the referral code. I already register for 1

This post has been edited by ben3003: Feb 25 2020, 05:24 PM
GrumpyNooby
post Feb 25 2020, 02:46 PM

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QUOTE(ben3003 @ Feb 25 2020, 02:44 PM)
wahed got referral bonus one? i plan to have a look here.
*
USD 5 but the crediting is rather very long.
balf
post Feb 25 2020, 02:46 PM

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QUOTE(ben3003 @ Feb 25 2020, 02:44 PM)
wahed got referral bonus one? i plan to have a look here.
*
yes, the referral bonus is RM20

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