Need to give it few years to see growth. KDI invest choices so far solid. Below RM3k no fees charged so how also you gained.

This post has been edited by Davidtcf: Apr 7 2022, 11:42 PM

lol...i sold 500 and gain 20 before it fall

if too long, watch from 9:30 onwards. Applies to everyone not just people in their 20s.

missed the 11am cut-off and since today is Friday, just to confirm that it will be better to transfer on Monday before 11am right?

Decided to put 1K in KDI Invest. Don't mind to leave it there for couple of years. Hope to see +++ coming...

Yes you are right. Even if you put it now, it will only consider Monday as processing time and reflects at 4PM that very same day. Just remember to deposit by Monday before 11AM.

Most likely it is 0.2% FX conversion just wait for statement next month only can confirm on the calculation

Yes better do it on working day before 11am

Good expectation and mindset for investment, have a long term horizon. But imagine this, assume yearly 10%, 5 years compounded total return 61.05%

Your investment of 1k will grow to 1.61k, will that additional RM 610 makes any big difference to your life? If yes, go on.

If not, then you should consider set aside a fix amount and invest periodically (weekly best, else monthly), with that you will get a more meaningful amount for your future self.

It's also worth nothing that $VT, the backbone of the aggressive KDI Invest portfolio has an expense ratio of 0.07% on top of 0.2% FX charges. It's one thing to start out small and test the waters, but I won't recommend anyone to pay 0.7% annual fees to buy a 0.07% expense ratio ETF if investing for long term anyway.

Why said so might enlighten me?

DIY only you cost you 0.35usd per trade instead of paying usd7 yearly for everybody usd1000

Ok, thanks for the input. I just want to venture into ETF buying. still thinking to choose through KDI Invest which majority is US big ETF like VT,SPY,VOO or through DIY IBKR which I can buy Ireland domiciled ETF similar to US one.

strategically, before 11am Friday
practically, put before 11am next monday

if you really have no intention to use the $$ now, sure, do the deposit now also can. no harm anyway.

however, since there is no benefits for doing so, keeping the $$ in your bank now is more practical in case of emergency/adhoc use during the weekend

Ah, what I mean is, KDI Invest don't really offer anything attractive or unique to a person with international brokerage access. But it remains a good alternative to those who aren't willing to DIY.

Currently, KDI Invest's aggressive portfolio consist of ~65% $VT (Vanguard Total World Index) and the rest a mix of BNDX (Aggregate bond), CASH, and a sprinkle of miscellaneous ETF like QQQ and SPY.

Functionally, it's literally just a mix of VT (Total World Equities), BNDX (World Aggregate Bond), and CASH.

Such a simple portfolio can further be simplified by dropping BNDX (young people usually opt to not add Bond to portfolios until latter in investing life, or use EPF/ASNB/SSPN as pseudo bonds).

Thus, its a 1-fund portfolio consist of VT. Most brokerage charge very little commissions (free or 0.35 US cents) on US etfs, and the ongoing charges for holding VT is only 0.07%.

So to grossly simplify it, if VT returns 7% a year - you get 6.93% of the return. You get only 6.3% of the return if investing through KDI. (~10% less). This will greatly affect your compounding - and hurts a lot when market is sideways for a very long time.

Furthermore, VT's non-US alternative, VWRA, only pay 15% withholding tax instead of VT's 30% - that's another 0.5% different in annual returns.

So it doesn't actually take too much capital to quickly outperform KDI Invest or any roboadvisor investing in basically the same thing, but earn more simply you are paying less fees.

TL:DR: fees bad, KDI Invest no offer anything unique

This post has been edited by Hoshiyuu: Apr 8 2022, 04:32 PM

Just put in rm2800 in KDi in order to get fee free for now

THe rest of it just diy buying Irish domiciled and hold long term

Btw KDI not that attractive at the moment as most of the portfolio are very simple to replicate for almost next to nothing

It'll depend on your capital, your investment interval, and how much you plan to deposit each time. It goes something like this:

1. 0 lump sum capital, plan to put in 200 or so a month build investing habit: Stashaway, KDI Invest is fine.

2. 500-1000 a month, prefer monthly DCA to better capture up and downs of the market - IBKR and buy $VT, accept paying 15% more WHT for cheaper trading fees. Move to Ireland domiciled &VWRA in the future when withholding tax drag is bigger than trade commission cost.

3. ~2500-3000++ a month, or willing to invest quarterly (save up to 3000-5000+ then one shot invest every 3-4 months): $VWRA on IBKR.

Fees for reference:

Wise forex MYR -> USD is about 0.5% forex charge
IBKR forex: 2USD fixed, spot rate.
IBKR US stocks : 0.35USD
IBKR Ireland domiciled USD denominated stocks: 1.70USD
$VT Expense Ratio: 0.07% annually
$VWRA Expense Ratio: 0.22% annually

Ok thanks for all the input guys much appreciate it

wow... nice info. but i don't really know most of the abbreviations

any website that that i shall start looking into if i prefer to "DIY" way?

thanks

Below RM3k no fees just need to pay for FX rate. If invest past 3k better go DIY buy via IBKR. That’s my take anyway.

Anyhow robo like these will always have their customers. They too lazy to DIY

Those of us who DIY usually use IBKR. Transfer funds to it using SG CIMB or Wise. Can watch Ziet invest YouTube on it. He has very detailed guides. Wanna know more can ask in that thread:
https://forum.lowyat.net/topic/4843925/+5430#entry104084700

Easiest ETF is keep buy VWRA as it covers whole world.

This post has been edited by Davidtcf: Apr 8 2022, 06:22 PM