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SUSxander83
post Mar 25 2021, 10:25 AM

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QUOTE(ironman16 @ Mar 25 2021, 10:13 AM)
Switch from MMF la, like what I'm doing now😁😁

No dip then buy like usually, got dip I in lagi.
Gold boleh on hold bcoz fsm oso got, now in China n Asia made, cheap sales oledi. 😝

Duit parking at MMF n standby oledi,
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I already parking big one soon to buy plus waiting for some IPO overseas brows.gif
SUSxander83
post Mar 25 2021, 10:36 AM

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QUOTE(ironman16 @ Mar 25 2021, 10:33 AM)
Guna apa buy ipo overseas? Ibkr?
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Through direct institutional trustee buying

IBKR charges too steep unless trade every week brows.gif
SUSxander83
post Mar 25 2021, 10:41 AM

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QUOTE(ironman16 @ Mar 25 2021, 10:38 AM)
Kasi nama terus la, u stunt stunt like this, I pening sudah 😡😡😡
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Give you also no use because it is based abroad and they don’t simply take clients in

I lucky because the trustee owner owe me favour hence custodian fee free for life
SUSxander83
post Mar 25 2021, 10:46 AM

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QUOTE(ironman16 @ Mar 25 2021, 10:43 AM)
πŸ˜‚πŸ˜‚πŸ˜‚πŸ‘πŸ‘πŸ‘πŸ‘
Lucky ppl on board
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If they ever open to retail, don’t worry will refer you with discounts

If you got Malaysia broker around ask them to buy Public Bank NYSE listed shares now good price under USD1 per unit better than buying in Bursa
SUSxander83
post Mar 25 2021, 10:50 AM

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QUOTE(ironman16 @ Mar 25 2021, 10:48 AM)
Haven't reach the standard to play shares, still in process to accumulate more bullet 🀣🀣🀣
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Buy small and stable dividend shares like Public Bank because still cheap rather putting in MMF
SUSxander83
post Mar 30 2021, 09:57 PM

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QUOTE(ironman16 @ Mar 30 2021, 09:25 PM)
Just do my redeem for second time.

29 March - do my redeem on MMF around 12 pm.

30 March - received my money in bank at 8pm.

Take T+1 to receive money if redeem from MMF.
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Affin MMF redeem before 12pm next business day by 7pm you will received the money in your account

By far their MMF is more solid compared to GO rubbish returns and slow redemption rclxms.gif
SUSxander83
post Mar 31 2021, 02:38 AM

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QUOTE(Murasaki322 @ Mar 31 2021, 12:15 AM)
Thinking whether to get into Affin Hwang Enhanced Deposit Fund directly through Allocate Plus or through Versa... any thoughts?
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Both are the same way only difference it is the minimum amount as Versa you can start as low as RM10 deposit

QUOTE(ironman16 @ Mar 31 2021, 12:21 AM)
If followed some ppl mention, Versa is better.
But I prefer direct deal with affin.
U go do some home work first b4 start. Some thread got discussed oledi like money market fund thread. 😁😁😁
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Affin you have to put in min rm50 while Versa is RM1

But you need to choose whether which path like Star Wars rclxms.gif
SUSxander83
post Mar 31 2021, 06:43 PM

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QUOTE(tehoice @ Mar 31 2021, 11:06 AM)
cheap in terms of what valuation methodologies?
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Valuation in terms of inflation, price to earning and future dividends
SUSxander83
post Mar 31 2021, 10:24 PM

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QUOTE(tehoice @ Mar 31 2021, 08:17 PM)
surprised there's no price per book value when it comes to bank valuation  hmm.gif
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Current moment book value is useless because uncertainty in earnings

Unless the cyclical business recovers quickly then book value is useful current condition book is useless because uncertainty you better worried about inflation because rates are rising way faster thanks useless Biden
SUSxander83
post Apr 6 2021, 05:38 PM

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QUOTE(no6 @ Apr 6 2021, 05:26 PM)
still manage to get 0% sales charge through this switching method ?
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Try to to switch button and check whether any fees applicable or not before proceeding
SUSxander83
post Apr 6 2021, 05:56 PM

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QUOTE(ironman16 @ Apr 6 2021, 05:42 PM)
i still able to get last week.
but this week i play with FSM punya stock/etf, no time go affin play  sweat.gif
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You bought the Principal China tracker? Any stamp duty or commission to be paid?
SUSxander83
post Apr 6 2021, 06:54 PM

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QUOTE(ironman16 @ Apr 6 2021, 06:45 PM)
Principal ada china tracker ka?
I buy trade plus punya REITS πŸ˜‚
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Principal FTSE CHINA 50 0823A

You mean Asia Reits right?

How much is the clearance fee and stamp duty?

SUSxander83
post Apr 6 2021, 07:28 PM

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QUOTE(ironman16 @ Apr 6 2021, 07:18 PM)
ya, asia Reits.

cleareance fee (0.03%) and stamp duty (RM1 for every 1000) all the same , right? hmm.gif
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Through FSMOne? Wonder how much is the commission?
SUSxander83
post Apr 7 2021, 12:58 AM

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QUOTE(ironman16 @ Apr 6 2021, 09:21 PM)
ya through FSM

Processing Fee
Processing fee - 0.05% on contract value subject to a minimum of MYR 8.80 per transaction (Processing fee is subjected to SST 6%)
FSMOne will be offering 0% commission (processing fee) on both buy and sell of stocks/ETFs listed on Bursa Malaysia, for a month from 29 March 2021 till 30 April 2021!

Example,

MYR 100.00 x 0.05% = Subjected to minimum MYR 8.80 + 6% = MYR 9.33

Clearing Fee
Clearing fee - 0.03% on contract value (Payable by both buyer and seller) with a maximum of MYR 1,000.00 per contract. There is no minimum fee imposed.

Example,

MYR 8,100 x 0.03% = MYR 2.40

Stamp Duty
MYR 1.00 for every MYR 1,000 contract value (Progressive and payable by both buyer and seller). The stamp duty shall be remitted to the maximum of MYR 200.00.

Example,

MYR 8,100 = MYR 9.00
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Basically not much saving 0.13% vs 0.16%

Haven’t include expense ratio which should be minimum of 0.5%

So about 0.7% without sales charges which is around as Akru, Wahed and SA fees minus the forex fees
SUSxander83
post Apr 14 2021, 08:42 AM

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QUOTE(Cubalagi @ Apr 14 2021, 08:37 AM)
I got a suprise yesterday when I saw my portfolio has increased a big amount. When I checked I realized that my PRS fund with AHAM is now also shown in the app. Cool.
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You should happy instead rclxms.gif
SUSxander83
post Apr 28 2021, 09:00 AM

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QUOTE(ironman16 @ Apr 28 2021, 08:16 AM)
bcoz recently u just do the assessment? (something like u risk survey, i forgot the name)

previously, my assessment file oledi expired (bcoz only buy affin PRS on year 2016 or 2017).

so my Service Manager (in Allocate plus) only mention CONTACT CENTER TEAM or AFFIN HWANG ASSET MANAGEMENT BERHAD...
recently i just purchase FOF (fund of fund) from affin (must through agent), so i refill again the Risk Survey (forgot the actual name), after that any fund that i pucharse, no matter through Allocate plus or i access, all under my new Service Manager... sweat.gif
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What do they means funds of fund?

Another rubbish of swapping fund to another fund doh.gif
SUSxander83
post Apr 28 2021, 09:31 AM

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QUOTE(ironman16 @ Apr 28 2021, 09:12 AM)
A fund of funds (FOF) is a pooled fund that invests in other funds. FOFs usually invests in other hedge funds or mutual funds.

biggrin.gif i test test water......no sales charge but come with redemption fee (3%)....

just wanna compare i win or they win.... whistling.gif

oso wanna get the fund factsheet to do home work for my portfolio.... whistling.gif
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Confirm they win because you are paying expense ratio to them after minus your profit

But if you wanna buy FoF because you want to stay away from bonds as average earnings about 4% pa
SUSxander83
post Apr 28 2021, 12:18 PM

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QUOTE(ironman16 @ Apr 28 2021, 10:07 AM)
its ok, no much.....buy for my children.
wanna see how their fund manager react to the market.....after that do my exercise.....what to do......not pro in this , still learning  flex.gif
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You should open SA account for your children instead

This fund of funds really crazy if you got chance buy separately will be at least by now 12% YTD

But 4.9% YTD still good but the 3% repurchase charge too high

Children savings better off buying those MOMO ETFs rclxms.gif


SUSxander83
post Apr 28 2021, 12:39 PM

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QUOTE(ironman16 @ Apr 28 2021, 12:32 PM)
My children fund mostly in fsm, just wanna try something different 😁
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Waiting now to buy something new but appetite and attractiveness not there now
SUSxander83
post Apr 28 2021, 02:50 PM

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QUOTE(ironman16 @ Apr 28 2021, 12:41 PM)
Go buy oversea etf? πŸ˜πŸ‘πŸ‘πŸ‘

If I got bullet, I long time go oledi
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Overseas ETFs at the moment all the high waiting for major pullback

Biotech shares now all making major money waiting for the right time to trim and secure the gains

Did you buy the new green thematically funds by AHAM?

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