I have just opened my Gotrade account in May 2023 and it has reviewed its fee structure in June 2023. With this fee revision, I would not recommend this brokerage now. Gotrade fee update Previously, Gotrade did not charge any trading fee. However, with this fee revision, it starts to charge 0.3% commission per trade, …
I have just found out about this digital bank by Al Rajhi Banking & Investment Corporation (Malaysia) Bhd, the world’s largest Islamic bank. Commodity Murabahah Savings Account-i This is a fully digital and paperless bank. To open an account, we need to download its Rize app from App Store, Google Play or Huawei AppGallery. This …
Not long ago, I finished reading A Man for All Markets. For my full review, you may refer to the review that I wrote on 2bookspermonth.com (Link). Lessons from A Man for All Markets Edward O. Thorp is an interesting guy who has success in beating the casinos and also the stock market. Both gambling …
(Update 1 July 2023: This foreign broker is not recommended anymore. Read more here.) Recently, I found a new foreign broker which is open to Malaysians and allows commission-free trading. In this Gotrade review, I will share my experience of using it to trade US stocks. Why Gotrade? I have two foreign brokers (Firstrade and …
I just noticed that there had been some changes to Rakuten Trade(RT) Points. The changes were made in June 2022. RT points categories The points are classified into two categories now. Category 1 is RT Points earned from first deposit, share transfer-in and stock trading. These points last for 12 months and can be used …
ASNB has announced the increase in the quota of Amanah Saham Malaysia (ASM). The quota has been increased by RM 5 billion. Dividend trend Below is the dividend of ASM for the past 10 years. 2014: 6.60% 2015: 6.60% 2016: 6.30% 2017: 6.00% 2018: 6.50% 2019: 5.50% 2020: 4.25% 2021: 4.00% 2022: 4.00% 2023: 4.50% …
Rakuten Trade (RT) has revised its brokerage fee recently. It boasts that it has the lowest rate in town. So what are the changes? RT fee revision 2023 For trades less than RM 700.00, the brokerage fee is 1%, with a minimum of RM 1.00. It means that if you trade RM 100.00 worth of …
The National Higher Education Fund Corporation (PTPTN) has declared a dividend of 3.05% for Simpan SSPN Prime. The dividend declared in this year is for year 2022. Dividend history The dividend rate of Simpan SSPN Prime in the past five years were 2018: 4.00% 2019: 4.00% 2020: 4.00% 2021: 4.00% 2022: 3.00% This dividend is slightly better …
Amanah Saham Malaysia (ASM) has paid its latest dividend on 1 April 2023. The dividend is 4.5 cents, equals to a dividend rate of 4.5%. It is an increase of 12.5% compared to 2022. Trend For the previous dividends, you can refer to this page. The dividend of ASM in 2023 has finally increased after …
The government has recently announced that saving in Simpan SSPN Prime is no longer eligible for tax relief. This means that Simpan SSPN Prime can no longer function as a income tax-saving instrument. My action plan I have just decided to stop investing in private retirement scheme (PRS) not too long ago and I was …
