dont forget you will not get full month, they counting on the days of how long the money in the account and only appearing next month.
seem like KDI is not going to counter versa seeing for the extra Rm5/month.

aready reply ed

btw the interest felt kindda low now at kdi 50k @ 3.5%, the rest is just 3.0%

too bad i only got 1 bank public bank.....to get 4.x need other account to fpx in the money...might open new account haiz...very leceh 1

One mth down 2+%😔

investment is a long term game, just leave it there for 3-5 years, or withdraw to DIY for 3-5 years

that's the forex risk whenever you invest overseas... MYR strengthen due to Anwar

I suspect the funds are all invested overseas in a foreign currency. Since the election, ringgit has strenghtened so much against most other currencies so naturally you would expect your funds balance to drop.

Another thing to note is how much commission your fund is charging. My fund charges about 0.1% (in Aust) and that is quite competitive - i suspect fund managers in Msia charges at least 2%/annum on your balance. It is important to know the commission the funds charge otherwise all the money you invest in are eaten up in fees. Malaysia is not a country where fees are publicly announced (transparently lacking) which is partially the reason why foreign funds are reluctant to come in.

BNM requirements otherwise will account rejection 🤦‍♀️
4.5% for 18 months not that great 🤦‍♀️

Try smaller banks at 4.5% for 12 months will be a good deal
You don’t look at returns while having better liquidity 🤦‍♀️ Go compare it with monthly then you will see the difference

Try Mbsb or Bank Islam

Rather than putting FD better off buying their shares instead for that term 🤦‍♀️

Not bad considering the market dropped way more 👏
Time in the market beats holding cash 🤦‍♀️
Underlying ETFs are in USD so need to suspect but it is confirmed already 🤦‍♀️

1st 700USD is fee free hence why everyone is putting money and also getting the referral bonus

Try Mbsb or Bank Islam

Rather than putting FD better off buying their shares instead for that term 🤦‍♀️

you kidding? trusting advice from a public forum is never a good idea. do your own validation....

Arkk Cathie Wood earned 310m commission, while Investor loss 9.5b
https://finance.sina.cn/usstock/mggd/2023-0...d.html?from=wap

Just withdrawal some money from KDI save on this Thursday evening. Money already in this morning. Kudus to KDI.

Silly to DCA 🤦‍♀️ when you are just buying the market going higher without any downside protection as you are buying and pushing the price higher

You will only make money when you are buying on the dips and downside while holding for future more gains instead of buying at higher price

just for info, VERSA is now 4.3% , first 30K

https://versa.com.my/versa-cash-3-2-net-ret...rate-promotion/

don't try to time the market.. it had hit rock bottom end of last year and another time this year (due to US Fed raising interest rate to combat inflation after many years of not doing so).
need some sort of catastrophic event before something like that can happen again.

After this going to be steady going up (of course with a bit of up and downs daily). KDI invest in index funds and not individual stocks hence it's safer.

If you plan to invest long term >5 years then just continue to DCA every month.