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Investment Kenanga Digital Investing (KDI), KDI Invest, KDI Save

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Chubbyteddy
post Jun 9 2022, 01:01 PM

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QUOTE(sgh @ Jun 9 2022, 12:54 PM)
Someone in other forum ask then the next question would be what if the spouse also pass away before login to transfer out? So investment resides the platform (whatever etc) "forever"?
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The other way is put in Will or as i mention above feedback from their CS => require a "Letter of Administration" (LA) that is a certified true copy (CTC) to show the proof of next of kin. A CTC must be certified by a Commissioners of Oath as valid witness. Upon receiving the letter, we will proceed with the administration process.

Kindly allow a maximum of 14 working days from the receival of the valid LA for us to assist in completing the overall procedure. This is because, we would require some time for internal coordination and clearance of the monies <State Amount in RM, if any> in the account(s) from our end
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bcombat
post Jun 9 2022, 01:17 PM

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http://www.jb.hslim.com.my/en/Landadministration/no-willEta

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MUM
post Jun 9 2022, 01:28 PM

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QUOTE(sgh @ Jun 9 2022, 12:54 PM)
Someone in other forum ask then the next question would be what if the spouse also pass away before login to transfer out? So investment resides the platform (whatever etc) "forever"?
*
I guess, same applies to no one know of the existing of investment a/cs or the availability of any will or the knowledge of the demise of that couple....
But I think / guess it won't be in "forever"... For a/c registered with Malaysia approved entities.... For I think / guess they will transfer the money to the accountant General office as "unclaimed" money, same as banks... After certain inactive periods.
https://www.google.com/url?sa=t&source=web&..._f3MY9ktatfqFbR

Just not sure about money with those malaysia not approved or malaysia registered entities

This post has been edited by MUM: Jun 9 2022, 01:40 PM
Davidtcf
post Jun 9 2022, 04:06 PM

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i changed mine to "aggresive" liao.. bond returns really bad now for balanced portfolio. Hope i went in at right time.
ericlaiys
post Jun 9 2022, 04:36 PM

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QUOTE(Davidtcf @ Jun 9 2022, 04:06 PM)
i changed mine to "aggresive" liao.. bond returns really bad now for balanced portfolio. Hope i went in at right time.
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then u commit loss woh...
sgh
post Jun 9 2022, 05:33 PM

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QUOTE(MUM @ Jun 9 2022, 01:28 PM)
Just not sure about money with those malaysia not approved or malaysia registered entities
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This will hit Msian investors hard who use overseas broker like IBKR and others isn't it? No wonder I read posts previously how they document login info down and pass to spouse etc etc process. Actually I quite sympathize with Msian investors as in there are quite a lot of overseas broker with credible reputation but yet not in Msia list. IBKR, Webull etc all setup office in Spore so I guess in a way I am thankful for that. But having said that it does not mean it is still safe as Binance Spore just wind down operations this year.

So always diversify. Put some in your own country EPF (quite safe), some in own country bank FD, some in own country insurance etc. Those monies placed should be safe in the event you pass away and your nominees can get hold of your monies?
Davidtcf
post Jun 9 2022, 06:58 PM

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-deleted-

This post has been edited by Davidtcf: Jun 10 2022, 08:55 AM
vostro78
post Jun 9 2022, 09:49 PM

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QUOTE(Davidtcf @ Jun 9 2022, 06:58 PM)
Just checked again today after getting email risk change completed. Shocked to see returns so fast. I also thought will have some losses changing portfolio:

user posted image

Total I have in invest is 2.8k
When I left Balanced was 2754
Need to see statement to understand what happened 🤪
Not complaining though.. Maybe I came in at right time 😆
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have you try to transfer portion of the money to saving / withdraw out?
bcombat
post Jun 9 2022, 09:59 PM

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QUOTE(Davidtcf @ Jun 9 2022, 06:58 PM)
Just checked again today after getting email risk change completed. Shocked to see returns so fast. I also thought will have some losses changing portfolio:

user posted image

Total I have in invest is 2.8k
When I left Balanced was 2754
Need to see statement to understand what happened 🤪
Not complaining though.. Maybe I came in at right time 😆
*
—

This post has been edited by bcombat: Jun 9 2022, 09:59 PM
Davidtcf
post Jun 9 2022, 11:45 PM

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QUOTE(vostro78 @ Jun 9 2022, 09:49 PM)
have you try to transfer portion of the money to saving  / withdraw out?
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No.. it was just changing the risk profile.

I deposited the money two months ago. May it’s from sale of bond etf? Balanced portfolio has a lot of that. Or maybe from dividends.

This post has been edited by Davidtcf: Jun 9 2022, 11:46 PM
guy3288
post Jun 9 2022, 11:46 PM

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QUOTE(Davidtcf @ Jun 9 2022, 06:58 PM)
Just checked again today after getting email risk change completed. Shocked to see returns so fast. I also thought will have some losses changing portfolio:

user posted image

Total I have in invest is 2.8k
When I left Balanced was 2754
Need to see statement to understand what happened 🤪
Not complaining though.. Maybe I came in at right time 😆
*
first you already lost RM46, capital 2800-->RM2754

I doubt 1 day can gain RM53.47 that is 53.47/2754 =1.94%
i track my Growth and Aggressive KDI Invest,
the daily gain is so little hardly 0.5% even over few days cant reach 1% gain.
must be some mistake somewhere , cant be 1.9% gain in 1 day.







yungkit14
post Jun 10 2022, 04:05 PM

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kenanga cant cancel withdraw ?
TStadashi987
post Jun 10 2022, 06:10 PM

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QUOTE(yungkit14 @ Jun 10 2022, 04:05 PM)
kenanga cant cancel withdraw ?
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dont think there is such function now
Medufsaid
post Jun 10 2022, 06:29 PM

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if call helpdesk?
ericlaiys
post Jun 10 2022, 07:23 PM

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QUOTE(yungkit14 @ Jun 10 2022, 04:05 PM)
kenanga cant cancel withdraw ?
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once u initiate cannot stop already
yungkit14
post Jun 10 2022, 08:10 PM

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QUOTE(Medufsaid @ Jun 10 2022, 06:29 PM)
if call helpdesk?
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they cannot intervene
yungkit14
post Jun 10 2022, 08:10 PM

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QUOTE(tadashi987 @ Jun 10 2022, 06:10 PM)
dont think there is such function now
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yeah
vostro78
post Jun 10 2022, 10:50 PM

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these few days us market drop. you guys portfolio got drop or the AI intelligence enough to swap to others investment and cont profit?
sonotme
post Jun 10 2022, 11:40 PM

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QUOTE(vostro78 @ Jun 10 2022, 10:50 PM)
these few days us market drop. you guys portfolio got drop or the AI intelligence enough to swap to others investment and cont profit?
*
Dropped sad.gif
cytyler
post Jun 11 2022, 12:15 AM

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Anyone have idea when register account. At the step of enter Bank, Account no, Bank holder name. It shows error "Account Not Match". What's the issue? As i enter correct account number and name already

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