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 Wahed Invest Malaysia, Good, Ok2, Bad?

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balf
post Feb 27 2020, 08:07 PM

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QUOTE(preducer @ Feb 27 2020, 07:28 PM)
Under Account > My Investment Account
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first need to update app 😁
GrumpyNooby
post Feb 28 2020, 07:25 AM

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Finally can see some drop:

24/2: 1111.07
25/2: 1107.10
27/2: 1097.25

But only 0.88% drop form 25/2

This post has been edited by GrumpyNooby: Feb 28 2020, 07:26 AM
balf
post Feb 28 2020, 07:48 AM

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QUOTE(GrumpyNooby @ Feb 28 2020, 07:25 AM)
Finally can see some drop:

24/2: 1111.07
25/2: 1107.10
27/2: 1097.25

But only 0.88% drop form 25/2
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my gain 1 drop 1% this morning
GrumpyNooby
post Feb 28 2020, 08:05 AM

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QUOTE(balf @ Feb 28 2020, 07:48 AM)
my gain 1 drop 1%  this morning
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Well, it's still much lesser compared to broader US market of about 4.5% drop overnight.
balf
post Feb 28 2020, 08:33 AM

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QUOTE(GrumpyNooby @ Feb 28 2020, 08:05 AM)
Well, it's still much lesser compared to broader US market of about 4.5% drop overnight.
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from % point of view yes....but my profit amount drop 1/3 cry.gif
zstan
post Feb 28 2020, 08:38 AM

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welcome to investment people.
balf
post Feb 28 2020, 08:40 AM

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QUOTE(zstan @ Feb 28 2020, 08:38 AM)
welcome to investment people.
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time to deposit more biggrin.gif
GrumpyNooby
post Feb 28 2020, 08:40 AM

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QUOTE(zstan @ Feb 28 2020, 08:38 AM)
welcome to investment people.
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I'm not bothered with the drop.
I'm trying to find the relationship of the underlying ETF to US broader market.
balf
post Feb 28 2020, 08:46 AM

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QUOTE(GrumpyNooby @ Feb 28 2020, 08:40 AM)
I'm not bothered with the drop.
I'm trying to find the relationship of the underlying ETF to US broader market.
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i actually noticed my MyETF DJ US Titan allocation % is slightly changed everyday, so i believe they do perform the day trading.
If so, even if market drop 4.5%, your account not necessary to follow that 4.5%, they might have sell some before that massive drop
GrumpyNooby
post Feb 28 2020, 08:47 AM

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QUOTE(balf @ Feb 28 2020, 08:46 AM)
i actually noticed my MyETF DJ US Titan allocation % is slightly changed everyday, so i believe they do perform the day trading.
If so, even if market drop 4.5%, your account not necessary to follow that 4.5%, they might have sell some before that massive drop
*
Isn't this because of daily valuation of the ETF?
balf
post Feb 28 2020, 08:49 AM

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QUOTE(GrumpyNooby @ Feb 28 2020, 08:47 AM)
Isn't this because of daily valuation of the ETF?
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yay indeed hmm.gif that could be as well
ysblue
post Feb 28 2020, 10:13 AM

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Hi all, newbie here. Have scheduled a deposit of RM100 monthly start next month and authorize the direct debit. But I don't understand why email I received stated weekly? And the limit is RM 30000? Please help. Thanks.

user posted image
zstan
post Feb 28 2020, 11:17 AM

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QUOTE(ysblue @ Feb 28 2020, 10:13 AM)
Hi all, newbie here. Have scheduled a deposit of RM100 monthly start next month and authorize the direct debit. But I don't understand why email I received stated weekly? And the limit is RM 30000? Please help. Thanks.

user posted image
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one day transfer limit is RM30,000 lor
ysblue
post Feb 28 2020, 03:45 PM

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QUOTE(zstan @ Feb 28 2020, 11:17 AM)
one day transfer limit is RM30,000 lor
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The RM 30000 automatically set by bank?. And what I don't understand is pay pacific trustee berhad WEEKLY? I only set one month one hundred oh? Sorry. Can explain?
balf
post Feb 28 2020, 04:14 PM

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QUOTE(ysblue @ Feb 28 2020, 03:45 PM)
The RM 30000 automatically set by bank?. And what I don't understand is pay pacific trustee berhad WEEKLY? I only set one month one hundred oh? Sorry. Can explain?
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the only possibility I can think of is you might set it wrongly, try email to CS to resolve the issue
qal123
post Feb 28 2020, 06:38 PM

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QUOTE(balf @ Feb 28 2020, 08:46 AM)
i actually noticed my MyETF DJ US Titan allocation % is slightly changed everyday, so i believe they do perform the day trading.
If so, even if market drop 4.5%, your account not necessary to follow that 4.5%, they might have sell some before that massive drop
*
Aiyaaa, I already told on previous post. Wahed are investing in our bursa malaysia market. ETF is like unit trust but the only different is you’ll trade like stock which is bid to bid price. NAV price of this ETF will follow DJI Islamic index. If you want to trade daily, yes you can with opening a CDS acc and on any broker platform can trade. Bear in mind that this will cost you brokerage fees.

Alternatively, find a forum MyETF US50 in this lowyat. They’ve created before
Pewufod
post Feb 28 2020, 07:59 PM

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how come i have a cash bonus of RM100 ah ?
Yggdrasil
post Mar 1 2020, 02:29 PM

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QUOTE(ysblue @ Feb 28 2020, 03:45 PM)
The RM 30000 automatically set by bank?. And what I don't understand is pay pacific trustee berhad WEEKLY? I only set one month one hundred oh? Sorry. Can explain?
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I don't use Wahed but isn't it common sense that it's just informing you the limit is RM30,000? doh.gif
It's merely informing the limit is RM30,000.
Bumi Invest20 P
post Mar 1 2020, 03:45 PM

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QUOTE(GrumpyNooby @ Feb 28 2020, 07:25 AM)
Finally can see some drop:

24/2: 1111.07
25/2: 1107.10
27/2: 1097.25

But only 0.88% drop form 25/2
*
Mind to share what portfolio is this?

Mine is Moderately Aggressive. Currently negative 1.17%. 😁
GrumpyNooby
post Mar 1 2020, 03:46 PM

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QUOTE(Bumi Invest20 @ Mar 1 2020, 03:45 PM)
Mind to share what portfolio is this?

Mine is Moderately Aggressive. Currently negative 1.17%. 😁
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Very aggressive

24/2: 1111.07
25/2: 1107.10
27/2: 1097.25
1/3: 1092.95

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