Investing is a studious thing. Need to keep read, learn from others be it via YouTube, this forum etc.

Also if don’t dip your toes in water how to learn swimming? Same thing with investing. The sooner you start learning the better. Start with small amounts first then slowly increase it.

Once expert like some forumers here can start play with options as well.

This post has been edited by Davidtcf: Apr 8 2022, 06:54 PM

I’ve informed my wife about all my login passwords. Face ID identification there are ways to overcome it if got access to the email address or phone. This is in case if anything happens to me then transfer all to savings account or wise before claiming the money. This is also to workaround on the estate tax in the US. They will only charge the tax when you ask for IBKR or other broker to help u access the funds inside with a lawyer letter.

Steps to login without face or fingerprint:
https://ibkr.info/node/3237
https://ibkr.info/node/2278


Not informing any loved ones about your investments is a risk. Even if you use Stashaway or other robos - if they don’t know, how can they claim the money there?

This post has been edited by Davidtcf: Apr 9 2022, 11:51 AM

yea no face or fingerprint scan makes it hard to login.
also need to wait statement on 1st to see any up or downs for the portfolio.

as long it can make profit on long term hold I'm ok.
Free management fees for first RM3k for KDI invest makes it a sell for me.
I like to have something easy to withdraw.. KDI invest suit this reason. (5 days wait time is standard)

withdrawing from IBKR back to Malaysia will incur higher charges (need to withdraw larger amounts to be worth it).

This post has been edited by Davidtcf: Apr 13 2022, 11:24 AM

Not enough income from Save and Invest to cover the referral fees kut.

This post has been edited by Davidtcf: Apr 22 2022, 06:26 PM

My KDI invest positive return 10. My own holdings in US all red. So far pleased with their balanced portfolio.

Myself had deposit some money today. Feel it's a good time to top up with bear market in the US. Yes will take 3-4 days before holdings reflected in your account.

Agree. My mum also same only trust FD and need cert from bank.
Haha that day she went Hong Leong put FD, they gave her normal paper as receipt she complain why the cert just a piece of A4 paper and not better xD

Bitcoin I feel nowadays more for buy low sell high short term. I not into such trading but I know many ppl do this (check crypto main thread in LYN).

Stablecoins is better for savings investment. Recently put some money at Finblox for USDC earning 15% apy (interested can pm me for referral code). But yea can't put too much here since it involves crypto.. Got some uncertainties such as if kena hacked, company run away, USDC under gov regulation suddenly etc. Total crypto stablecoins and others should not exceed 10% of your portfolio.. General safe rule.

I know Anchor Protocol give 20%, but after reading it deep I have trust issues with UST. So decided to hold USDC instead since it's tied to real dollars and US treasuries.

This post has been edited by Davidtcf: Apr 27 2022, 09:47 AM

Lol just checked again.. Now -11. Not percent bro but RM.

Chill la in stock market when there's down there will be up. The gains will be much more later. I trust in KDI's choices.

As long got set aside emergency money e.g. KDI Save will be fine. Don't touch the money in investing part until you make profit or really need it.

This post has been edited by Davidtcf: Apr 27 2022, 11:22 PM

There's higher risk in crypto savings although juicy interests.. Even if stablecoins. Best read up to know what you're investing in fully and don't put all the money into them. I only dare invest up to 10% of my portfolio in crypto.

This post has been edited by Davidtcf: Apr 28 2022, 01:00 AM

this year stock market got hit hard that's why can pull all the previous earnings down.
It's 1 year test, show us 5-10 years result, that is how long most people should invest anyway.

Investing is about controlling your emotions also.
what if you earn total of 50% after 5 years? How will you feel that time?

If you always feel upset when check the numbers, then stop checking that often. Discipline yourself to check maybe like once every few months instead.
Some people on Reddit never check what they invested in as they want to avoid feeling emotional.. you can read about this on the web too about what other experts say for long term investors.

This post has been edited by Davidtcf: Apr 29 2022, 10:03 AM

if one is to invest in spare money, then they wouldn't feel so pain or worry also when the stock dives..

always have emergency money with you too, those you can put in safe deposits such as KDI Save, Go+.. best have 1-3 months of your salary ready (some say 6 mths emergency money in case jobless).

don't expect invest everything into stocks and think you can make it big next month. The opposite can happen.

This post has been edited by Davidtcf: Apr 29 2022, 11:40 AM

Market price might fluctuate after they process the cash out for KDI Invest.

Even Stashaway takes 3-5 days to complete a withdrawal.

Only go long term for Invest. Recommend a few years at least to see growth.

This post has been edited by Davidtcf: May 1 2022, 07:16 PM

If it rises near to 3k then transfer some to KDI save or withdraw. That will avoid the management fee.

I also prefer balance. Right now market red yet it didn’t go down too much.

This post has been edited by Davidtcf: May 2 2022, 10:17 PM

Just parking a bit in KDI invest for easy withdrawal.

Wanna have some money closer to me. IBKR one I will not touch for many years to come.

I wacked 1k for KDI invest last week also when the market fell sharply.. hope will gain from it.
now total at 2.2k.. will wait another good time to deposit the remaining few hundred.

next year baru check2 see who offer highest yield.
If Versa then everyone will switch to it. If KDI Save still gooding then stay here lor.
Go+ how good also support up to RM3k only for the extra rates.

This post has been edited by Davidtcf: May 12 2022, 02:55 PM

I withdrew from Go+ stack in KDI Save liao..

wait them confirm then see how

already passed 100mil AUM (assets under management) for KDI Save and Invest.. they better improve the app:

https://www.thestar.com.my/business/busines...gital-investing

1. give us face id / fingerprint scanning.
2. detailed breakdown of the ETFs, before we invest in KDI invest for every risk profile.

just these 2 big things and we will happy liao.

I’m using iPhone.. login via password vault auto fill doesn’t work. The login button will be dimmed out. Need to delete 1 character and renter only can.

Stashaway also got show all ETF, is for transparency sake. KDI got statement where other companies can look into and copy.. is not that hard just that need a lot of capital to set this up. Need to have other selling points to make ppl trust it. Kenanga public listed and long time in market liao that’s why people will use it.

Also KDI invest using AI to choose which ETFs to buy. I saw my statements having certain allocations switched also suddenly. As long they can continue avoid losing money and make more I’m ok with this. Hence good if we can see currently today, right now what ETFs they are into.

It is meant to be a place to park emergency fund. 2-3 mths of salary up to a year.

People who deposit in few hundred k or millions, lets hope they know how to invest also rather than just rely on these MMF funds.
3% not enough to cover our Malaysia's yearly inflation.

This post has been edited by Davidtcf: May 18 2022, 10:50 AM