I think you wont win any award for your England sentence.

The sentence should run as " But i am getting RM130.73 today in contrast to yesterday interest of RM130.60. "

bro, why would you put more than 200K when the extra only earns 2.25%. Temporary parking for SSPN?

i was going to give it a pass, taking good advice from fellow forumner, move on without answering

this guy incorrigible fact-twister, well known already.


but i give you the benefit of doubt, just assume you lack critical thinking and mathematical skills,
could not understand what he wrote (gibberish mostly),you agreed with him blindly, repeatedly.
(Worse,you also could not understand what i wrote, despite i say what i mean, and i mean what i say, no twisting! )


Can you tell me what is the main point @xander83 has been writing so far?
@xander83 's main point was - No daily compounding Interest,
do you agree with him?

Now i give you my data
you tell me what you said above is correct or not.


19.3.22 Nett Deposit RM2052k Returns RM1515.39
20.3.22 Nett Deposit RM2052k Returns RM1646.09
21.3.22 Nett Deposit RM2052k Returns RM1776.81
22.3.22 Nett Deposit RM2052k Returns RM1907.53
23.3.22 Nett Deposit RM2052k Returns RM2038.26
24.3.22 Nett Deposit RM2052k Returns RM2168.99
25.3.22 Nett Deposit RM2052k Returns RM2299.74
26.3.22 Nett Deposit RM2052k Returns RM

It is ridiculous to expect 1 day the daily interest can jump 13 sen from RM130.60 to RM130.73!
Not at my accumulated interest of only RM2299 now!


since we are at it, can you please explain what you were about to post there that can rebut my point
that Interest is daily compounded? please show with calculation


No! Daily interest doesnt increase so much RM0.08 sen a day.

There is already enough proof to tell you Interest is daily compounded (RM 13 sen paid for returns RM2168.99)
You dont need to see that RM0.008 sen earned by RM130.73

Your latest post of 7 days data do indeed confirm that its return is daily compounded. However your previous post and data provided are basically what we have to calculate. In previous post only 2 dates are mentioned which are 24/3/22 and 25/3/22.
Also you mentioned that you are getting daily RM130.73 which daily means to me is that it is unchanged even by a single cent which is the trigger that its not right. I m only talking of the mentioned dates and return of RM130.73 which on the following day must increased by 0.008cent.

I also take cognisance of the fact that you tolerate no fools, just please bear in mind that this is just a financial forum, where discourse should be entertained, in the long run it benefits everyone.

Just to clear the air, based on your recent data disclosure, you are absolutely right that the return is compounded daily.

i am glad you finally admitted the return is compounded daily. But your friend above still refused to admit so.

Still you did not explain why you said this: is my english that bad ? And why daily interest must increase Rm0.13 knowing accumulated returns only RM2299..

You know how much confusion you guys have caused by pretending not to know the fact?

Am i the only guy with KDI save ??
Just login your own account, you can see also what.

Ello, why would you guys quarrel over the measly difference?
Dont you guys have bigger fish to fry?

This just for discussion only, so lets discuss.

Techically you should get 0.14 cents extra compound interest on sum of RM2299.74 x 2.25% /365 that is today.
Its calculated separately so to avoid confusion on my part, maybe. Your net deposit of RM2052k is following the standard calculation 200k @3% 1852k @2.25% pa equals to RM130.60 per day if my calc is correct. So total return today 26/3/22 should be around RM130.74

Hope its alright with you

This post has been edited by magika: Mar 26 2022, 11:33 PM

Its not really a quarrel.

Even thru my younger days, i would always attempt to find out how things work or calculated. Maybe i make a lot of mistakes on the way, but the process itself makes me better. Quite a number of people refused to commit themselves, on the premise that if they are wrong, it makes them look bad.
Experience comes from making mistakes . Never attempt then no way of knowing if you are on the right track.

Before this, i hardly know anything about KDI Save, therefore refrained from using it. After this discussion, not only have i learnt but am pretty confident of using it.

You must read the whole story before you comment


what you said above is not wrong.you are becoming another @xander83

But what you said earlier was clearly wrong. this.
How could u even suggested me to say the above which is obviously wrong! telling people daily interest can increase 13 sen

Daily interest increase by very small amount 1 or 2sen only a day.
see what u said above and see daily interest increment below.

19.3.22 Interest today RM130.70- Total Returns RM1515.39
20.3.22 Interest today RM130.70 Returns RM1646.09
21.3.22 Interest today RM130.72 Returns RM1776.81
22.3.22 Interest today RM130.72 Returns RM1907.53
23.3.22 Interest today RM130.73 Returns RM2038.26
24.3.22 Interest today RM130.73 Returns RM2168.99
25.3.22 Interest today RM130.75 Returns RM2299.74

If you look at my reply you would see that i am requoting you.
Changing your sentence to try to make more sense.


This post has been edited by magika: Mar 27 2022, 12:59 AM

I think i see the confusion here. What guy3288 meant was if interest was not compounded he would he would be getting Rm130.60 everyday. However his latest daily interest is RM130.73 proofing that interest is compounded.

He did not mean his daily interest the day before was RM130.60 and the next day is RM130.73, which by u changing his sentence to “But i am getting RM130.73 today in contrast to yesterday interest of RM130.60.” implies just that which is now inaccurate and not what guy3288 was saying

This post has been edited by Jwkhor: Mar 27 2022, 12:10 PM

Noted. On hindsight i agree.

move on guys. don't waste too much time on this...

I personally will only use KDI Save to temporary park the money that does not belongs to me so I can earn interest while always be ready to return the money when the owners come looking for it.

You must not correct me if you do not understand what i said.
why @Jwkhor could get it but you couldn't despite me prompted you twice?

you cant be that slow, mathematically so unsavvy
worse is try become another @xander83, twist and turn,
pretend nothing happened.





good. be patient with forumner who are abit slow but genuinely want to learn

All the saga because of this

For those who like to comment but lazy to find out first
the saga started when some starting to worry about their money, interest being cut at withdrawal,
how interest calculated etc etc.

cant blame them as KDi was at fault not being clear and "cutting" returns trf to Nett Deposit when we withdraw.
i raised the issue on 14.3.22 , but quickly found the answer, kudos to @shawnme
Then as usual trying to explain by giving false info, shit stirrer came
FACT- it is first in last out, NOT FIFO!!

next came magika raising question on compound interest
they caused so much confusion...
the rest is history... the 2 of them just going round and round everytime i tried to explain
with data and calculation till you guys all got fed up!.

This post has been edited by guy3288: Mar 27 2022, 07:51 PM

Anyway, just move on la.

We know it's compounding now. So let's find another more interesting stuff to debate on 🤣

If i invest 200k in KDI Save and get an interest of 3% pa, so its about rm16.43 per day? After 10 days my total will be 200,164.38. So do they take 200k or 200,164.38 to calculate my 11th day interest?

Just curious how it works here....

oh no, dont start it again..

What so big deal about 200000 and 200164…..