Stock

Is Rakuten Trade A Scam?

Recently there are some allegations that Rakuten Trade (RT) is involved in online platform scams. It is claimed that RT is offering various “investment plans” at a cost. Is this true? Background RT is the the country’s first and only fully digital equities trading platform. It is a joint venture between Kenanga Investment Bank Berhad …

RT Interest Rate Decrease

Rakuten Trade (RT) interest rate has dropped again on 7 July 2020, which is the fourth decrease in this year. This is in tandem with the reduction of the overnight policy rate (OPR) from 2.00% to 1.75% by Bank Negara Malaysia. New interest rate The interest rate now is 1.00% per annum. Referral link Below …

MYTHEO Performance Review

It has been more than half a year since I open an account with MYTHEO (seven months to be exact). I think it is a good time now to review my investment performance on this robo-advisor platform. Investing strategy I am using its allocation recommendation and my current asset allocation is 69% growth, 21% income …

StashAway Account Opening

Recently, I helped my wife to open a StashAway account. The primary purpose of opening this account is to compare the returns of StashAway with MYTHEO. StashAway account opening process The account opening process is quite simple. We need to provide our personal details and also choose an investing plan. The investing plan is categorized …