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Investment Versa

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ronnie
post Sep 30 2023, 03:11 PM

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QUOTE(xander2k8 @ Sep 30 2023, 01:26 AM)
Already stated 🤦‍♀️ because of fund structure you would have to wait 3 business days for the units to be reflected in the holdings
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technology supposed to make things faster and faster, not slower and slower..that's tiny red flag
xander2k8
post Oct 1 2023, 05:30 AM

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QUOTE(ronnie @ Sep 30 2023, 03:11 PM)
technology supposed to make things faster and faster, not slower and slower..that's tiny red flag
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The problem is not technology 🤦‍♀️ as Versa is app is quite stable

The tiny red flag is got to do with the fund structure itself 🤦‍♀️ as it is clearly stated because of the structure there will be lags in especially during paid out for Versa Cash

So don’t blame technology when the fund itself lagged as there is no app will have the live pricing unless it is brokerage itself 🤦‍♀️
ronnie
post Oct 1 2023, 05:28 PM

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Credited in 26/9 but shown in app after 29/9... that's slow lo
frankliew
post Oct 1 2023, 05:44 PM

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too slow to wait. i already switch to KDI and RIZE. more steady
1mr3tard3d
post Oct 2 2023, 11:39 AM

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Return for 31/07/23 to 30/08/23:
Balance as at 30/08/23 = 178.50 x RM 1.1950 = RM 213.31
+ redemption RM 25,002.09
+ rebate RM 9.93
= RM 25,225.33
Balance as at 31/07/23 = 21,067.02 x RM 1.1931 = 25,135.06
Return = RM 25,225.33 - RM 25,135.06 - RM 6.57 (rebate for July) = RM 83.70 ~ 4.05% p.a.

» Click to show Spoiler - click again to hide... «

xander2k8
post Oct 2 2023, 05:05 PM

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QUOTE(ronnie @ Oct 1 2023, 05:28 PM)
Credited in 26/9 but shown in app after 29/9... that's slow lo
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That’s not slow 🤦‍♀️ that’s how the fund structure works any new deposits or rebates are credited after 3 business days
ScrappyCoCo
post Oct 8 2023, 04:26 PM

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Is Versa reliable? I heard alot said it's complicated, some said it's flagged as fraud.

I'm comparing with KDI not sure where to put my 30k.
cybpsych
post Oct 8 2023, 04:42 PM

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QUOTE(ScrappyCoCo @ Oct 8 2023, 04:26 PM)
Is Versa reliable? I heard alot said it's complicated, some said it's flagged as fraud.

I'm comparing with KDI not sure where to put my 30k.
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who (which authority) said versa is flagged as fraud?

complicated to use, no

complicated to count the interest, yes

mostly I dumped 30k and let it autopilot for few months, or as long as promo rate still applies.


ScrappyCoCo
post Oct 8 2023, 08:49 PM

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QUOTE(cybpsych @ Oct 8 2023, 04:42 PM)
who (which authority) said versa is flagged as fraud?

complicated to use, no

complicated to count the interest, yes

mostly I dumped 30k and let it autopilot for few months, or as long as promo rate still applies.
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Not authority, but netizens.

Anyway bro any advise? Versa or KDI better? Versa really give out 4.3% pa interest?
cybpsych
post Oct 8 2023, 08:52 PM

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QUOTE(ScrappyCoCo @ Oct 8 2023, 08:49 PM)
Not authority, but netizens.

Anyway bro any advise? Versa or KDI better? Versa really give out 4.3% pa interest?
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less headache, go with KDI
virtualgay
post Oct 8 2023, 10:10 PM

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QUOTE(cybpsych @ Oct 8 2023, 08:52 PM)
less headache, go with KDI
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lagi less headache go for RIZE protected by PIDM vs VERSA / KDI which is not protected by PIDM
xander2k8
post Oct 9 2023, 07:48 AM

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QUOTE(ScrappyCoCo @ Oct 8 2023, 04:26 PM)
Is Versa reliable? I heard alot said it's complicated, some said it's flagged as fraud.

I'm comparing with KDI not sure where to put my 30k.
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How can it be fraud when it is authorised by SC as RMO 🤦‍♀️

https://www.sc.com.my/development/digital/d...tal-initiatives
1mr3tard3d
post Oct 9 2023, 06:06 PM

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QUOTE(ScrappyCoCo @ Oct 8 2023, 04:26 PM)
Is Versa reliable? I heard alot said it's complicated, some said it's flagged as fraud.

I'm comparing with KDI not sure where to put my 30k.
*
at least quote the source maybe?
it just remind me of


not sure about others, for me,
Versa is just slightly above 4% p.a. but definitely not 4.3% p.a.
Rize is 4% p.a. (would get about 4.16% p.a. for 30k, so might be actually higher than Versa)
KDI is 3.92% p.a.
if that is what u r asking
if i were u, i would place 10k each and u could tell the difference at the end of the day
joking aside, u need not have to worry about withdrawing prior to certain deadline or just in case can't login when trying to withdraw
lovelyuser
post Oct 9 2023, 06:18 PM

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QUOTE(1mr3tard3d @ Oct 9 2023, 06:06 PM)
at least quote the source maybe?
it just remind me of


not sure about others, for me,
Versa is just slightly above 4% p.a. but definitely not 4.3% p.a.
Rize is 4% p.a. (would get about 4.16% p.a. for 30k, so might be actually higher than Versa)
KDI is 3.92% p.a.
if that is what u r asking
if i were u, i would place 10k each and u could tell the difference at the end of the day
joking aside, u need not have to worry about withdrawing prior to certain deadline or just in case can't login when trying to withdraw
*
Good one! I like the youtube!
talexeh
post Oct 11 2023, 01:20 PM

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How long do we have to wait to get the RM10 reward if we registered a new account using a referral code?
songokujames
post Oct 11 2023, 01:47 PM

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QUOTE(talexeh @ Oct 11 2023, 01:20 PM)
How long do we have to wait to get the RM10 reward if we registered a new account using a referral code?
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1 month
ronnie
post Oct 11 2023, 02:19 PM

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https://www.bfm.my/podcast/enterprise/open-...sized-ambitions

Versa's CEO on BFM this morning.
xander2k8
post Oct 11 2023, 07:57 PM

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QUOTE(talexeh @ Oct 11 2023, 01:20 PM)
How long do we have to wait to get the RM10 reward if we registered a new account using a referral code?
*
Already mentioned many times here 🤦‍♀️ at the month end during rebates or payout processing time
abcn1n
post Oct 13 2023, 05:20 PM

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QUOTE(1mr3tard3d @ Oct 9 2023, 06:06 PM)
at least quote the source maybe?
it just remind me of


not sure about others, for me,
Versa is just slightly above 4% p.a. but definitely not 4.3% p.a.
Rize is 4% p.a. (would get about 4.16% p.a. for 30k, so might be actually higher than Versa)
KDI is 3.92% p.a.
if that is what u r asking
if i were u, i would place 10k each and u could tell the difference at the end of the day
joking aside, u need not have to worry about withdrawing prior to certain deadline or just in case can't login when trying to withdraw
*
Wish I saw this earlier. How long does Versa show when we deposit money in it. Been a few business days since deposited, but app still shows 'receiving'
1mr3tard3d
post Oct 13 2023, 05:38 PM

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QUOTE(abcn1n @ Oct 13 2023, 05:20 PM)
Wish I saw this earlier. How long does Versa show when we deposit money in it. Been a few business days since deposited, but app still shows 'receiving'
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first time? it will take a bit longer to verify your bank account
but should not be more than 3 business days
not a good way to monitor based on app balance anyway

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