Rakuten Trade has simplified its account opening process and is giving some benefits for account opening currently. So, what are different now? Process simplification Previously, to open an account, we have to provide a bank statement. However, this document is not needed anymore, unless you are using a joint account. So, you just have to …
[There is an update to this article. Please click here to read it.] Recently, Bank Negara Malaysia (BNM) has cut its overnight policy rate (OPR) by 0.25% to 2.75%. How does this affect Rakuten Trade‘s interest rate on our cash deposits? Previous Rakuten Trade’s interest rate I guess most Rakuten Trade users notice the Interest …
This article is an update to my previous article on two peer-to-peer (P2P) lending platforms. It is 2020 now and I am going to compare my investment performance on Fundaztic and Funding Societies Malaysia . As I do not have an accurate way of counting the return, I am going to use the data from …
I principally use Rakuten Trade web platform for my trading. However, once in a while, I use its mobile trading app when I do not have access to computer. This mobile app is known as iSPEED.my. it is available on both Google Play Store and Apple App Store. Features Once we log in, we will …
Rakuten Trade has revised its brokerage fee in this year. What are the changes? Rakuten Trade fee revision For trades between RM 1,000.00 to RM 9,999.99, the brokerage fee is now increased to RM 9.00. It represents an increase of RM 1.00 compared to the previous amount. Range of brokerage fees The brokerage fees still …
Good Stocks Cheap is authored by Kenneth Jeffrey Marshall. He is a lecturer of value investing at the Stockholm School of Economics in Sweden and Stanford University. Besides that, he also teaches business at the University of California, Berkeley. He splits his time between the United States and Sweden. This book is primarily for people …
What is a robo-advisor? According to Investopedia, “Robo-advisors (also spelled robo-adviser or roboadvisor) are digital platforms that provide automated, algorithm-driven financial planning services with little to no human supervision. A typical robo-advisor collects information from clients about their financial situation and future goals through an online survey and then uses the data to offer advice …
Setia Flex is a home ownership programme offered by S P Setia Berhad. This company is one of the largest property developers in Malaysia. There is a similar programme from EcoWorld too. There are four different schemes under Setia Flex. They are Flex Promos, Flex Rewards, FlexKey and SEAL. Flex Promos Flex Promos are home …
ToledoTrade is a foreign broker that I am using to invest in US exchange-traded funds (ETFs). Today I am going to talk about the trading platforms it offers. ToledoTrade has a total of four trading platforms. They are Client Portal, Handy Trader, ToledoTrader and ToledoTrader Pro. All the platforms can be accessed from ToledoTrade webpage …
Big Money Thinks Small is written by Joel Tillinghast, a fund manager at Fidelity Investments. He was mentored by Peter Lynch, the legendary fund manager at Fidelity. The author also has a spectacular performance with the fund that he manages too. The theme of this book is about succeeding in investing by avoiding mistakes. Layout …
