as most FDs now advertise >4% per annum rates I suppose most are withdrawing from KDI to put into FD? I sure am..

even go+ is 3.6~3.7% these days.

dammit if only their cap is higher than 9.5k

Don't feel safe money in TNG....lots of apps use TNG auto debit here and there. You might not be aware of it.

Instead of the usual 9pm-10pm, for first time, I receive the withdrawal fund credited to my bank account at 7pm  

I don't see how KDI Save is long term if the interest rates are not better than FDs. I think you're talking about KDI Invest?

I have said this awhile back. It is not rich or poor issue. I park money in KDI instead of FD coz of liquidity issue. We (financial educated ppl) suppose to keep 3 months expenses (i keep more..6 to 12 months) in liquid form. Just in case you need money you can access it immediately. KDI save fits this role. ASM do as well but buying is a pain and sometimes you get some delay which is less ideal. Another one is savings which i use before kdi save appear. The issue with savings is it's only 0.1% interest? I still keep some for daily use and money that i need very very very liquid. But excess i put into kdi coz kdi save still gives me 3.5% EAR plus liquidity plus convenient. My salary goes into savings and i put aside some straight away to kdi to force myself to save. When kdi hit a certain figure then i withdraw and put somewhere higher yield but min i keep 3 months expenses in it. That's why kdi 3.5% is good. Even if FD is 5% and kdi still 3.5%, i still will not bother coz FD is locked money. It is like saying if 5 years FD is 5% and kwsp is 6% (assuming you are 30).. will you put all your money into kwsp knowing you still need at least 20 years before you can withdraw once? The answer confirm no. Even if 8% you still will think about it. You "might" put 50% money in. You will never put 100% in. Why? Coz you dunno when you need it. Kdi save is for temporary parking unused money. FD, kwsp, mutual fund, etf and other stuff requires 5 years minimum cannot touch (you can but it depends on your luck where the market is or you probably need to sell at a loss). KDI save is a temporary parking from savings to assets. If you understand this much then you will know why kdi is so good and why ppl use them. The 30k limit is plentiful. For those really really rich, they might still go for it coz of convenience and consolidation. Not everybody enjoys money being locked up for certain periods of time and not everybody likes money spread out over 10 places and then forget where some of the money is. Of coz some just know about it and nothing else. Kdi save is the simplest method out there. Some might be new. Some might be lazy. 😂 Whatever it is. 3.5% is not "that bad". The higher the better but not that bad.

I don't think i am the one who you quote just now. I just replying since ppl keep saying 3.5% low and why not just FD. Kdi save if you withdraw before 11am.. might be 11.30am but i do before 11am, you get on the day itself if it's working day. If you miss the time then next day working day. Pretty liquid to me. There is no such thing as i need it next minute. I have savings for that. When my savings "low" then i withdraw from kdi straight. I always have good buffer in savings and in kdi.

Edit: another thing is if i say tdlr version you (as in other ppl that is not me) misunderstand this and that and claim i this and that. If i explained in details for full clarity then ppl say i too lo so kepoh and long gas -.-" apa lagi lu meow.. 😂
Even better but i make it a target not to hit 30k just in case they move target closer again plus my one year expenses less than 30k i would have "bought" something when it is near that figure.

Kenanga quite silent these few months, didn't see them promote KDI Save / Invest anymore...
not like SA or Versa always having promo / campaign

Yeah...maybe rugi kaw Kaw...most kiamsap and kiasu unkers.here all abused KDI Save and no put money into KDI Invest. Me included. Lol.

Anyone noticed today payout like a bit late? Weekend and pH I know is late. Today is holiday..?

you mean 100million?

Today I received a KDI Save withdrawal earlier than ever. It was in when I checked at 7pm

this account  started RM1340 in early 2022

highest was 13.8.2022 RM1455.32 - 8.6%  profit
lowest time  6.12.22 RM1326.56 lost RM13.44

latest  RM1352.78

should have sold and buy back

My amount is around rm12k+ , but for the whole year I never seen it goes up to more than rm20 (maybe for just a day) and the whole 364 days it was negative.

If I see the earning can go up to more than rm100 then that might be fine but never...loll. Never earn more than 0.01% for my portfolio🙃

Then what's the point of putting in KDI invest, SAVE at least can get 3.5% return.

Mine is Growth profile btw..

Ok, got reassurance.

Ya i received it too. Seems like a lot of people pull out their funds for the past few days thats why they are quick to clarify matters up.

quickly raise the promo rate to 4.5% then can lock back all fundssss 

1 thing I will never understand is,
Why do those funds still charge fees even when you are losing money .

See the problem here. But you guys still put despite them doing that

TNG i max out also at their 9k level lol...

Next one is Versa, but its also 35k right?

My dealer pushing me into money market, but malas la coz at the end its still supposed to be rainy day fund so fast liquidity is important.

Sg money market funds are paying close to 4% (~3.9%) with no restrictions on amount unlike out Malaysians money market fund.

Have been withdrawing and depositing nearly every 2 or 3 days apart. Amounts ranging from 2k to 45k each time. Depositing from Maybank at 10:40am yesterday. Just checked - still pending.

I rang FPX and they said the funds will be in my acct after work today. Fpx says it can take 1 to 3 days for funds to show.

First time it is taking 2 days to show. Normally by around 4.30pm i would see the funds being deposited when i put in before 11am.

Actually i just check after writing my previous post and the 15k is in.

I have deposited at least 40 or 50 times in the past 3 months and each time it will show after 4.30pm on the same day - first time this has happened showing credited amount the second day even though funds were deposited before 11am..

Sorry i meant to say Kdi and not fpx - my mistake.

I have been typing in fpx instead of kdi. I meant to say that i deposited in 15k to Kdi Save and amount is not showing on Kdi.

I am getting a bit of dementia at age 61 

any of you guys received marketing calls from Kenanga ? I just did , selling me this .

Unless you got very large amount, daily compounding or monthly compounding the sum is pretty much negligible.

I do not know what are you trying to say?
KDI Save calculation is in spoiler clearly showing KDI Save 3.5% will yield 10,350 in a year.
This topic is KDI.

If you have other sources of daily compound over 1 year = 10,356.18 then please PM me.
Yes, agree. Thank you Ramjade.

KDI Save states its EAR is 3.5% and limited to 10350 not 10356.18
Yes, some FD promos offer higher returns locked in.
KDI's liquidity and terms are easier to understand compared to versa. I am disappointed with EAR 3.5% cap.
Agree KDI Save's interest is not constant daily.
You are confuse because you did not see KDI source in spoiler, that shows interest of day-2 being higher than day-1, eventually yield 10350, if KDI Save's promo extends to full year. I am not comparing 3.4403% but a KDI Save's 3.5% against conventional FD 3.5%. This topic is about KDI. 

When confuse, then I am uncertain to the purpose of the question.

Surprisingly gotten my withdrawal fund when I check it on 6:45pm. Usually the fund only reflected around 9:30pm in my HLB account.