The 3% is per year, right? If I put say for 3 months, meaning the interest will be pro rated??

The 3% is per year, right? If I put say for 3 months, meaning the interest will be pro rated??

just like FD

Well, this was what they replied upon my e-mail inquiry on the same question today:

"It is a short term deposit. Similar to fixed deposits, we are able to guarantee the return rate but we typically do not reveal further info on the placement itself. It is with Kenanga Treasury."

actually non transparent will cause more problem in the long run. Let ppl then they choose to invest or not. Portfolio and sell-buy execution is clear then only can gain trust for large investment.

actually non transparent will cause more problem in the long run. Let ppl then they choose to invest or not. Portfolio and sell-buy execution is clear then only can gain trust for large investment.
edit : what I understand from this thread is based ur risk preference they will generate portfolio for u at least they need to tell u ehat the ai bought for u right? How unique the portfolio is if we can gather enough info should be able to figure out how they allocate
So TS got ald ur porfolio with the etf lit>

They don't have auto debit/recurring deposit/whatever you call it right? Have to manually put in money?

I wonder is there any good alternatives to IBKR that is licensed locally? I don't mind taking some compromises. Rakuten's fee are not that expensive but the stocks and ETFs are currently limited.. MIDF the fee is expensive at 8USD for <1K USD. However, I am looking to hold for a very long time.. Looking for solutions with simple deposit and withdrawal 

Here's the asset allocation for Aggressive Growth profile/risk. High allocations to real estate



Seems like the highlighted region in the map and the geography invested doesn't tally. Could be a bug.



Need to wait for next statement to see the actual ETF purchased

bagus, i want to live in north america one. today i know i'm actually here 🤣🤣
actually computers calculate until that many decimals one. just that if UI is polished, will round up to 2 or 3 decimals. this looks like an app created in a 3 hour hackathon

If gov become like Singapore then that could happen. Else slowly dream. Malaysia gov very conservative  about their currency and what also wanna tax when come to foreign investments. Local bursa also a bad place to invest unless experienced and pour in a lot of time to monitor.

Apparently so, as stated on their site. Somehow, I deposited RM 250 on the 18th Feb into Invest, but still "Pending".

"
Refer your friends and earn RM10 for you and your friend each when they invest more than RM250 in ETF.

Follow the simple steps below:

1. Share your referral link or referral code with your friends.

2. Your friend is required to sign up with your referral link or code during their account registration.

3. Your friend successfully invest RM250 in their ETF portfolio.

4. Both you and your friend will earn RM10 each in the ETF portfolio!
"

Just wondering, there's no info on KDI in Security Commission Malaysia / BNM?

i thought kdi invest is 0% for less than 3k investment.
I deposit RM500. On app, only show RM 492

So have to pay fees also ? Forex exchange rate

Wed, Feb 23, 5:20 AM Requested via website.
Wed, Feb 23, 4:29 PM Received processing done email.
Wednesday late evening received money in bank account.

if long term invest they will come back up.. any losses are just paper loss until they are sold.

my IBKR now also much red, CSPX loss 180 USD, AAPL 40 USD, PFE 28 USD, SMH 45 USD, VWRA 42 USD. All are my losses for them.
Even BNKS - bank ETFs also loss at 24 USD.
Fall happened after Fed announced raising interest rates.

mostly bought end of last year.. this year added a few. That also I small investor.. imagine what some big whales here would have loss.
just continue DCA when you're comfortable and keep it long term. 5-10 years minimum sure will go back up. 

can wait for Russia war to over first before putting in money.. but as usual when things start showing positive, stocks also will be more expensive to buy. Better to buy when they are down.

Strongly against investment in KDI Invest. My risk profile is “conservative” but it ended invested in “Agressive” porfolio for me. Send email to customer service but after two days still cannot find out what is the problem. in the mean time i have to bear the losses.

I disagree SSPN is much safer. SSPN savings pretty much lend to students for PTPTN loans. If you look at number on collections which very much fall short and against SSPN contribution. It is like musical chair. If all depositors pull out all funds at once I dont think PTPTN cannot pay you 100%. Bear in mind total PTPTN outstanding is around RM40billion. For 3% dividend really not worth the risk at all.

Would you recommend to put in KDI invest or Stashaway? I currently have 5 digits in Stashaway but the 36% risk index is disappointing, mostly due to KWEB.

Im planning to stop putting into STASHAWAY and diversity into KDI.

Put 3k in, profit 0.0001% instantly kena fee 

make sense, probably im just overthinking it

This is the breakdown of BALANCED KID invest portfolio