Oh, that means,
"If you have invested sometime ago, with just 180k, made multiple withdrawals and deposits, then the calculation follow your previous post.... All will still get 3% regardless of even there are accumulation of deposits and the balance in the account is of over 200k?

This post has been edited by MUM: May 18 2022, 10:51 AM

Start 180k,
Take out 20k
Deposit 50k
Take out 30k
Deposit 50k
Total balance 230k...all will get 3%?

*********
I think the above transactions example is easier to see than just the screenshot of total balance when trying to digest,...

"If you have invested sometime ago, made multiple withdrawals and deposits, then the calculation follow my previous post."

"3% on return, regardless how much is your total value"

This post has been edited by MUM: May 18 2022, 11:11 AM

I think it had been mentioned on kdi save that
below 200k is 3%, above it is 2.25%
That is why I am puzzled by his post and seeking his confirmation.

This post has been edited by MUM: May 18 2022, 02:01 PM

From other investment threads, there had mentions of giving
spouse knowledge of the use of investment a/c n Internet banking,
Login details n passwords of those a/cs

And hv them transfer out the $$ if needed

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

It is good to spend some time exploring how you felt seeing the markets drops n dropping like now... Before starting to move from saving mode to investing mode.
Ever wonder what you would do if you had moved to investing and 3 months later the markets drops n drops like now?

from KDI website,...

https://digitalinvesting.com.my/save/
https://digitalinvesting.com.my/faq/




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can't you just open a KDI SAVE account instead of both SAVE & INVEST?

do you want to open both KDI SAVE and KDI INVEST account or just KDI SAVE?

According to this site,
https://digitalinvesting.com.my/june-2022-market-insights/



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Check the latest postings in fd thread?
https://forum.lowyat.net/topic/4154481/+21560#entry104814861

This post has been edited by MUM: Jul 7 2022, 01:42 PM

While waiting for responses,... Maybe you can try read these faqs, for some added info while you wait
https://digitalinvesting.com.my/faq/.

I think it is best you check with them and tell us the info... Thanks.

For i got these from their faqs,....
"Kenanga Digital Investing (KDI) does not charge any fees for transferring money in or out of your KDI Save account. Bank charges for sending and receiving Telegraphic Transfers (“TT”) will be borne by Kenanga Digital Investing (KDI)."

"There are zero fees charged for KDI Save because we believe you should not have to pay to save. And since it is a Ringgit-based product, no currency conversion costs apply."

"Kenanga Digital Investing (KDI) does not charge any fees relating to sales, subscription, redemption, custodian, withdrawal penalties or closing of account."

https://digitalinvesting.com.my/faq/

😬😬Possible, 40 days wait,.. 😥😥

https://digitalinvesting.com.my/faq/

This post has been edited by MUM: Jul 17 2022, 01:55 PM


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Jfyi,
If you check the fd thread. The current rate is more than your 1-2%

I did not follow what you and him are actually discussing.

I just remembered this post 1090 when Kdi Save gives 3% pa for the 1st 200k.
Thus hope the below post is relevant to your discussion.

Perhaps the assurance was, ...the money was not placed in SVB.
Maybe perhaps just only x.xx% of the investment has exposure to it directly or indirectly or its affiliates.

April 2024 Market Insights
https://digitalinvesting.com.my/april-2024-market-insights/

"....Year-to date, all portfolios recorded returns within a range of 2.2% to 6.2%."

This post has been edited by MUM: May 24 2024, 08:47 AM


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What is the rate for the amount exceeded that 1st 50k?
Withdraw put where better than that rate?