i thought previously you mentioned that the return would catch up if hold longer

withdrew today, will deposit next week, allowing previously accrued interest to be cleared, if any
let's see if i remember to withdraw at next month end

sorry for stupid question. versa and versa i what is the difference?

keyword: shariah-compliant

Get to know Versa Cash-i, our new Shariah-compliant Islamic money market fund -



This post has been edited by cybpsych: Jul 27 2023, 04:08 PM

Not possible to be either daily or monthly at that rate 🤦‍♀️

It is dividend payout which is automatically reinvested monthly 🤦‍♀️ most MMF will have that structure to grow their units automatically

Not hurts 🤦‍♀️ already mentioned that dividend payout changes monthly at 3.54% and 2.91% for June and then 2nd Wednesday Versa will top it up the difference to 4.3% 🤦‍♀️ so you have to wait middle of the month to correctly calculate to 4.3% with +/- 0.01 bonus then

Just put and and forget about it and then only calculate on 2nd Wednesday of each month

yes i got 5 accs, yesterday WD 200k put in EPF better.

EPF limit 100k saja bro
100k this year
100k January

i managed to withdraw KDi morning
and same nite pumped all into EPF
need multiple accs

Note ,
1)use mobile Apps, all deposits instantly recorded
limit is your bank's FPX limit
2)Use online banking website not so good
eg CIMB limit each time only 5k
and till today still cant see it in mobile apps.


Attached thumbnail(s)

100k lo.. how to become 200k la...
i dont get it
and if u really can put 200k your other 100k will not get interest or will get refunded

from EPF Website - https://www.kwsp.gov.my/member/contribution...lf-contribution
Is it allowed for me to contribute more than the maximum amount?
No, you can't do it. Self Contributions in excess of the maximum amount (RM100,000) will be refunded to the member.

father, mother, brother, sister, son, daughter, niece, nephew, sister in law, brother in law, 1st wife, 2nd wife, 3rd wife, 4th wife ... to name a few

ini mesti T1 of malaysia!!
I am M40 saja

tip of the iceberg. got 1 lowyatian control various accounts of 17 members of his family.

for those withdrawing at the wrong time (e.g. end of month), you may encounter this issue. Example if you withdraw 10k but get only 9,990.XX at your bank account. Reason being below:

"
Zyana (Versa)

Jul 28, 2023, 14:49 GMT+8

Hi XXX,

Thank you for contacting Versa.

The cash out amount you received differs from the amount you requested due to it being made during Reinvestment time, which occurs on every 4th Wednesday of each month, where there will be a temporary drop in the unit price and units are redistributed for fund operation purposes, causing a slight difference in your cash out amount received.

Once the process is completed within 2 business days, the dropped cash out will be returned back to you in units, showing with the name Reinvestment in your Transactions. The returned units are added back to your Versa Cash Available Balance.

If you have any further questions or concerns, please do not hesitate to contact us or give us a call at 03-7890 3500. We are always happy to assist you.

Have a nice day.

Regards,
Zyana"

This post has been edited by Davidtcf: Jul 28 2023, 02:57 PM

wow, never seen this happen with KDI or TNG GoSave.

hi bro, what happens if you need to use the cash? cannot withdraw right?

sure this ppl have back up cash somewhere ma

can withdraw lah, if cannot WD mana boleh put money in
need cash WD morning, evening transfer out go ATM take

previously i had moved 800+k last min into SSPN
next i would move 750+k back, last min vomit all out for DRB bonds
KDI speed in moving money

Versa returns didn't look good for July. Normally 60k can get about rm250 a month but this time only got RM120 or so. The rest need to wait for the extra rebate to meet their 4.3% p.a. commitment.

Not like FD
Complicated a bit
I waiting for my RM20 to bank in then j will say bye bye to my 1k inside

I haven't tried Versa but from the last couple pages, many compared it to KDI, how does it compare to StashAway Simple?

Avoid. Rates are not there unlike versa or KDI. Also deposit and withdrawal is slow.