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Investment Versa

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ronnie
post Sep 25 2023, 03:11 PM

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QUOTE(gooroojee @ Sep 25 2023, 11:43 AM)
Wait for 29th Sept
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That's the reinvestment figure right ?
xander2k8
post Sep 25 2023, 03:47 PM

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QUOTE(ronnie @ Sep 25 2023, 03:11 PM)
That's the reinvestment figure right ?
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Yes rebates to be reinvested
gooroojee
post Sep 25 2023, 03:50 PM

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QUOTE(ronnie @ Sep 25 2023, 03:11 PM)
That's the reinvestment figure right ?
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I posted a response from Versa a few days ago.. their rebates are delayed and expected on 29/9
ronnie
post Sep 26 2023, 07:26 AM

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QUOTE(gooroojee @ Sep 25 2023, 03:50 PM)
I posted a response from Versa a few days ago.. their rebates are delayed and expected on 29/9
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noted... missed that announcement. any reason for the delay ?
sweetpea123
post Sep 26 2023, 07:34 AM

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QUOTE(1mr3tard3d @ Sep 15 2023, 06:14 PM)
that would suggest otherwise, wouldn't it?
that people are paying attention to the return without realising that the volatility of the financial and capital markets
they compare the return without considering the underlying investment associated with
» Click to show Spoiler - click again to hide... «


kind of relief to know that :lol2:
i was beginning to worry that i might miss the rebate as my balance has been below RM 1,000 since Aug withdrawal
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Same, i took out everything too earlier. Hopefully the rebate is based on average daily balance. 😁

This post has been edited by sweetpea123: Sep 26 2023, 07:37 AM
virtualgay
post Sep 26 2023, 11:28 AM

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this waiting game is not straight forward
that is why i forgo my 0.3% and just go with Rize
Rize side also have their own issue so better choose wisely
but Rize can save even over 60k as there is no capping for 4% interest payout
xander2k8
post Sep 26 2023, 02:06 PM

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QUOTE(sweetpea123 @ Sep 26 2023, 07:34 AM)
Same, i took out everything too earlier. Hopefully the rebate is based on average daily balance. 😁
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The rebate is based on the last payout date or the Versa-I based last day of the month accumulated balance 🤦‍♀️ not daily

QUOTE(virtualgay @ Sep 26 2023, 11:28 AM)
this waiting game is not straight forward
that is why i forgo my 0.3% and just go with Rize
Rize side also have their own issue so better choose wisely
but Rize can save even over 60k as there is no capping for 4% interest payout
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I rather go with Versa as Rize is technically has more problems 🤦‍♀️ that take longer to solve rather than Versa which they are committed solve within a proper timeline
virtualgay
post Sep 26 2023, 02:09 PM

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QUOTE(xander2k8 @ Sep 26 2023, 02:06 PM)
The rebate is based on the last payout date or the Versa-I based last day of the month accumulated balance 🤦‍♀️ not daily
I rather go with Versa as Rize is technically has more problems 🤦‍♀️ that take longer to solve rather than Versa which they are committed solve within a proper timeline
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the maturity is there with Versa compare to Rize
as long as Versa is paying the right amount then is fine
but for those who have >60k floating then balance put in Rize / KDI
BladeRider
post Sep 26 2023, 02:26 PM

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Take aside promo rate, if shariah-compliant is not my concern, is it Regular Versa cash, versa moderate and Versa growth normally will have higher returns compare those -i ?
Ramjade
post Sep 26 2023, 02:31 PM

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QUOTE(BladeRider @ Sep 26 2023, 02:26 PM)
Take aside promo rate, if shariah-compliant is not my concern, is it Regular Versa cash, versa moderate and Versa growth normally will have higher returns compare those -i ?
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None. Qqq have better returns than what versa/aham products.
xander2k8
post Sep 26 2023, 04:57 PM

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QUOTE(BladeRider @ Sep 26 2023, 02:26 PM)
Take aside promo rate, if shariah-compliant is not my concern, is it Regular Versa cash, versa moderate and Versa growth normally will have higher returns compare those -i ?
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Don’t bother with invest 🤦‍♀️ mostly underperforming fund with high annual management fees with buying overseas feeder funds
vivace11
post Sep 26 2023, 07:50 PM

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QUOTE(gooroojee @ Sep 18 2023, 02:00 PM)

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Thanks for posting the reply. Was wondering why Sept has no reinvestment and rebates. The previous months were rather stable.
ronnie
post Sep 29 2023, 10:45 AM

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Received the receipt for the Campaign bonus on 26/9, but not reflected in the transaction listing of the app.. anybody have the same issue ?
virtualgay
post Sep 29 2023, 01:46 PM

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QUOTE(ronnie @ Sep 29 2023, 10:45 AM)
Received the receipt for the Campaign bonus on 26/9, but not reflected in the transaction listing of the app.. anybody have the same issue ?
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same issue this morning
xander2k8
post Sep 29 2023, 02:59 PM

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QUOTE(ronnie @ Sep 29 2023, 10:45 AM)
Received the receipt for the Campaign bonus on 26/9, but not reflected in the transaction listing of the app.. anybody have the same issue ?
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Should be fixed by now due to rebates being credited today 🤦‍♀️
ronnie
post Sep 29 2023, 05:44 PM

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yes it's shown now...
Still missing the REINVESTMENT portion
xander2k8
post Sep 30 2023, 01:26 AM

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QUOTE(ronnie @ Sep 29 2023, 05:44 PM)
yes it's shown now...
Still missing the REINVESTMENT portion
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Already stated 🤦‍♀️ because of fund structure you would have to wait 3 business days for the units to be reflected in the holdings
contestchris
post Sep 30 2023, 01:48 PM

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Is Versa easy to use? What's the current returns like?

This post has been edited by contestchris: Sep 30 2023, 01:52 PM
ericlaiys
post Sep 30 2023, 01:58 PM

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QUOTE(contestchris @ Sep 30 2023, 01:48 PM)
Is Versa easy to use? What's the current returns like?
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just pump money . 4.3% for 60k on 2 versa cash and versa cash -i (mmf)
unless you got for UT
Ramjade
post Sep 30 2023, 01:59 PM

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QUOTE(contestchris @ Sep 30 2023, 01:48 PM)
Is Versa easy to use? What's the current returns like?
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Yeah. But keep in mind everything is done via phone. No desktop version. Then there is delayed in returns. But you will get the promised returns but slow.

4.3%p.a if include rebates from versa. Less if no more rebates.

This post has been edited by Ramjade: Sep 30 2023, 02:04 PM

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