Outline ·
[ Standard ] ·
Linear+
Investment Kenanga Digital Investing (KDI), KDI Invest, KDI Save
|
ronnie
|
 Apr 9 2024, 11:28 PM
|
|
QUOTE(Sitting Duck @ Apr 9 2024, 10:18 PM) I'm getting daily interest and when I calculate it using the formula given in the KDI website, I always have few cents more. https://digitalinvesting.com.my/save/Formula given: Daily Interest Amount=Value of investment × ((1+EAR)^(1⁄365)-1 ) The formula in T&C need to be tweaked. You need to use nominal rate of 3.92228% p.a. and calculate amount x nominal rate / 366 This way my calculation matches exactly like KDI result on the day itself. This post has been edited by ronnie: Apr 9 2024, 11:30 PM |
|
|
|
|
|
ronnie
|
May 1 2024, 01:36 PM
|
|
|
QUOTE(Sitting Duck @ Apr 30 2024, 09:17 PM) Thanks for the nominal rate. Can I know what's the nominal rate for > 50k? The rate given by KDI is 3.50% ~3.44026% based on 366 days per year |
|
|
|
|
|
ronnie
|
May 2 2024, 05:15 PM
|
|
|
QUOTE(Sitting Duck @ May 2 2024, 05:14 PM) Thanks for sharing. Just to be sure: The formulate to use is? first 50k: =ROUNDDOWN(B3 * ((1 + 3.92228%) ^ (1/366) - 1),2) next 50k: =ROUNDDOWN(B3 * ((1 + 3.44026%) ^ (1/366) - 1),2) i use Interest for the day = Amount x nominal_rate / 366 |
|
|
|
|
|
ronnie
|
May 5 2024, 08:32 PM
|
|
|
QUOTE(Barricade @ May 5 2024, 06:31 PM) KDI Save still offering 4% for first 50k right? Planning to move Versa cash to here once the Versa promo is over. i thought the Versa 4% promo already over since March ? |
|
|
|
|
|
ronnie
|
May 9 2024, 09:30 AM
|
|
|
QUOTE(ycktech @ May 9 2024, 08:37 AM) Can I put in KDI Save only and dun use KDI Invest? Will they kacau you to put in KDI Invest? I just wan the 4% only yes... i've been doing that to earn EAR 4% |
|
|
|
|
|
ronnie
|
May 10 2024, 09:51 AM
|
|
|
QUOTE(Barricade @ May 10 2024, 09:18 AM) How long does KDI takes to process the funds for KDI save? Just transferred 50k from GX bank to KDI. Typically T+1.... |
|
|
|
|
|
ronnie
|
May 11 2024, 05:45 PM
|
|
|
QUOTE(Barricade @ May 10 2024, 05:31 PM)  Deposit in morning. Checked app already reflected and got interest already. So fast! would your Interest RM5.37 falls into the 2nd tier EAR 3.5% ? |
|
|
|
|
|
ronnie
|
May 13 2024, 05:25 PM
|
|
|
QUOTE(sg8989 @ May 13 2024, 04:54 PM) Some quite update I deposited my fund 50k 10-may It show pending on my apps on today 13-may, i received notification Thank you for investing in KDI Save! Your online deposit XXXX with the amount of RM 50,000.00 on 10-05-2024 is now successfully invested. and i got the total return rm5.37 May i know how the return rm5.37 calculated? RM50000 x 0.0392228 / 365 = RM5.37 EAR 4% = 3.92228% p.a. (comparative to FD rate) This post has been edited by ronnie: May 13 2024, 05:26 PM |
|
|
|
|
|
ronnie
|
May 14 2024, 07:53 AM
|
|
|
QUOTE(sg8989 @ May 13 2024, 07:43 PM) So the interest is credited around 5pm daily? typically yes... |
|
|
|
|
|
ronnie
|
May 24 2024, 09:09 AM
|
|
|
QUOTE(samftrmd @ May 24 2024, 07:48 AM) Is it just me? Kdi invest account always runs negative. Over the past month, it has never run positive. Already set to very conservative. conservative markets are worse than High risk actually.. |
|
|
|
|
|
ronnie
|
May 24 2024, 10:33 AM
|
|
|
QUOTE(7498 @ May 24 2024, 10:10 AM) I already maxed out KDI RM50k 4%. Now Rize or Versa, which is better? AEON bank better at 3.88% until 31/8/2024 |
|
|
|
|
|
ronnie
|
May 24 2024, 10:34 AM
|
|
|
QUOTE(samftrmd @ May 24 2024, 09:36 AM) How so, should it not be less risk less profit? Seems to be me less profit more risk now. You need to look at Macro-economy. conservative = bonds/treasury notes And bonds yield are not good... |
|
|
|
|
|
ronnie
|
May 27 2024, 09:50 AM
|
|
|
Tier 1 - 4% EAR = 3.92228% p.a. (simple interest)
Tier 2- 3.5% EAR = 3.44026% p.a. (simple interest)
This post has been edited by ronnie: May 27 2024, 09:50 AM
|
|
|
|
|
|
ronnie
|
Jun 9 2024, 09:16 PM
|
|
|
QUOTE(ssiapf @ Jun 9 2024, 11:33 AM) Deposit yesterday's 8.52am, now still pending? Is it weekend and not working? Clearly people dont read T&C before investing their funds.... really sad to see. |
|
|
|
|
|
ronnie
|
Jul 2 2024, 02:14 PM
|
|
|
QUOTE(gashout @ Jul 2 2024, 12:56 PM) i have just deposited some amount, the app says transaction failed. edit: found out the issue, it's FPX, max at rm30k Your bank's FPX limit ? |
|
|
|
|
|
ronnie
|
Jul 2 2024, 05:39 PM
|
|
|
When PIDM is in-effect, the country's economy will be in start to crash
|
|
|
|
|
|
ronnie
|
Aug 8 2024, 09:32 AM
|
|
|
QUOTE(samftrmd @ Aug 8 2024, 07:39 AM) Keeps dropping even more. Maybe need to hold for a whole year. investment is always looooooooooong term |
|
|
|
|
|
ronnie
|
Aug 8 2024, 12:11 PM
|
|
|
QUOTE(samftrmd @ Aug 8 2024, 09:54 AM) How do you define the term period? Quarter? Annual? 5 years and more |
|
|
|
|
|
ronnie
|
Aug 9 2024, 10:15 AM
|
|
|
QUOTE(samftrmd @ Aug 9 2024, 09:32 AM) For this kind of time frame, what is your expected roi? Personally I aim target 8-10% per year |
|
|
|
|
|
ronnie
|
Sep 19 2024, 02:10 PM
|
|
|
answer or else your KDI account will be flagged
|
|
|
|
|
Quote
0.1037sec
0.55
7 queries
GZIP Disabled