You have to understand that the fund or etf hold stocks. When majority of the stocks goes down, the etc or the fund goes down. There's no way around it

The only way around it is if they have a robot which can predict the future and sell before it drops and buy when it's near or at the bottom. But if such robot were to exist, you won't get access to it as the creators will keep it for themselves as it's basically a free gold mine for them.

Btw FSM managed portfolio have reputation of being super lousy for a long time already like 5 years+.

Just transfer it to KDI invest. No need to think so hard.

Like I said stocks down. So the etf holding it will go down. The question is how much down is KDI, FSM.

Then when it rebound, how much higher us KDI Vs FSM.

A good portfolio manager is down lesser than it's competitor and up more than it's competitor. Does FSM have have the above characteristics? So far history have proven no with FSM managed portfolio. That's why I said switch only. Don't hold on to lousy stuff.

You can do a fresh comparison. Withdraw all. Put in say rm100/month into both of them. Come back to this post after 3 years and see who's the winner. 3 years is enough to judge the performance.

There's no charges. If you withdraw straight from KDI invest you might get lesser cause it's overseas investment hence need to factor in Forex movement.

This post has been edited by Ramjade: Jul 11 2022, 02:43 PM

Actually got. If bank account giving only say 1.5% and mmf giving 2.5%, no brainer to continue using mmf.

I have not used bank acocunt for like 10years already. All extra money dump into mmf until amount big enough to be send overseas.

I still won't use FD as I need my early withdrawal. I won't lock up my money into FDs.

Not fees. Most likely interest will be reduced to be more in line with the other player say 2.5%p.a

Yes. I will see until end of the year. Speed of deposit and withdrawal is another criteria I look at. I prefer same day deposit and withdraw if possible. Less time for money to be floating in space.

If you don't want to run into inheritance issue, just but Singapore reits and stock. Sg don't have any inheritance issue. Only issue is they only have reits and banks there. Nothing much of quality there.

It's already in their terms and condition that 3%p.a is for deposit of up to RM200K and until end of this year.

Anything more then rm200k means you get lesser and after next year like to get less than 3%p.a unless BMM increases OPR.

But could be you are getting 0.25%/month as 12 months = 12x0.25%=3%.

This post has been edited by Ramjade: Aug 8 2022, 03:23 PM

Not so fast. Likely you will see updates in Nov or December.

Market movement + Forex movement. Normal stuff.
Keep in mind if general market sell off expect your value to drop too. If you cannot stand the drop in value of your portfolio
1. Don't invest in it. Stick with safe stuff like EPF and FDs.
2. Switch off your phone or your pc and don't look at it.

It's never about luck. It is about guts. When US market down during last few months and you see your portfolio down, do you have guts to add money even though you know it can be down further?

I dont do robot or stashaaway and my KDI is only for save not invest. I did that with my US stocks and I got some up like 15%-20% currently and no before you said it's small cap nope they are all large cap profitable companies (Adobe, Microsoft, BlackRock.etc).

Did I buy at the bottom? Nope.
Did I buy near the bottom. Yes and no.
Did I buy even when I know market is dropping? Yes.
Did price drop further after I bought them? Yes.
Was I scared it will drop further? Nope. I was excited as I can buy more if things are cheap.

Embrace a red market/down market like it's shopping season. You buy when things are on sale right? Same thing. The stock market is the only market in the world where people hate a sale. Buy sell when there's a sale and buy when sales finished.

Remember money is build in red market and not green market. It's your ability to buy when market are red is the key to building wealth. It's about how strong your guts is at the end of the day. Not about how smart you are.

This post has been edited by Ramjade: Aug 14 2022, 07:19 PM

How do you know market down or high?
Read news and watch YouTube videos. When you see financial youtiber keep talking about doom and gloom and market falling, just go to Google and type sp500 and see how much have it fallen. So easy.

When market down I just buy more than normal. Whenarket up, either I don't buy or buy super small amount.

This post has been edited by Ramjade: Aug 14 2022, 10:55 PM

Unless they can do what robin hood does, good luck. Otherwise it's just a white elephant project.
The rich already got their RM to take care of them so why would the rich need KDI?

This post has been edited by Ramjade: Aug 24 2022, 09:42 PM

Cause like I told you in the pm, everything can be done online and yet you still want to ask your RM to do for you.

I want to see how well their superapp going or be especially polish apples like moomoo, tiger, webull and go trade in sg exist.

Actually bond holders can get money back if company bankrupt. Not all. But some. Shareholders usually don't get anything back. Bonds > stocks in terms of seniority. Bond holders get first dig into the money and last will be shareholders. Of course if company cannot pay bond holders anything then yes it's possible for bond holders not to get anything at all.

Of course banks will not help as they are there to sell you stuff. After sell to you it's your problem already.

This post has been edited by Ramjade: Aug 31 2022, 08:37 PM

Good la. I guess they realised that they are losing money.

Baru deposit yesterday
Time to withdraw today and put into versa.

This post has been edited by Ramjade: Oct 19 2022, 02:06 PM

Baru saw it. Sorry