Finally you use the word "premium"!

Last off topic question, you didn't have WP Carey? Last time you suggested me that one. I thought post-WHT yield looks good to you.

The ministry said the government is also considering implementing the Tax Identification Number (TIN) and reviewing tax treatment that is identified as having elements of revenue leakage or harmful practices

Bro, can share what stock u use to do option trading? Selling calls and puts?

I think you can start a thread with Ram on this. For long I have wanted to know his "covered call" strategy. He never wants to start a thread and tell.

Hi bro,...

For us here doing investments into overseas equities, bonds and the like, taxing us on our returns has a long way to go for this government. They don't have the framework to do it and they wouldn't even be able to enforce it too. So, coming after us to snatch part of our returns would not be so easy to do.

Well, some stock are not cheap.. need a lot of capital to do cash secured put.. unless doing this on margin..
Sure, always dyodd i guess..

Before i go far out of topic,
we should have a new thread talking about option trading..

i hope its not some crooked news!  

Well. i bought at 55 cents....so.

Never say never. Look at Eagle H Trust.....fully supported by DBS and CROOKED.

No need to compare like that,... first of all,.. UHREIT dropped because of the pricing of the private placement. IT will rise back,... dropping is good for investors to enter low.

In future, when the CRA changes their rules, then you will know,... when they send you notices to your address to pay more taxes, then you will know.

How come? Takudan reported on IB thread that her Swiss stocks WHT is fully deducted without considering tax treaties.

Is Canada being lenient or they don't have "tax vouchers" yet?

Ahh,....      Now, I'm hearing this : Swiss stocks WHT is fully deducted without considering tax treaties.

Thank you, bro, for sharing,...

I think that Ramjade will reply,.... Swiss is Swiss, Canada is Canada,.....  

What full amt ? It's either 15% or 30% with most countries.

Msia has a Double Treaty Tax Agmt with the CRA,... it's straightforward 15%,... till they feel there is a reason to increase this amt at their discretion.

IB incurs banking fees when remitting in funds. Not so beautiful here compared against another even though the brokerage is slightly cheaper than the other.

Haha he busy preparing to write calls tonight.

Regarding tax, you might want to read this: https://forum.lowyat.net/index.php?showtopi...ost&p=102419542

You help me to debate with IB lah lol I want to have a stake in Nestle, Roche and Novartis, but the tax is putting me off. You debate with IB to chase back your "overcharged" WHT?

Everybody knows FAST Transfer is FREE-lar,... what if you transfer in USD ? Where got free with IBKR ?

You are going to say you don't transfer in USD but you change over from SGD, right ? Then you are not thinking abt people who have USDs to invest.

I transfer in USDs FREE from all charges.

Many brokerages withhold the correct amount IF you can provide the official certified proof of country of residence. Perhaps you have only experienced the ones that don't.

Free inward and outward transactions ? Many don't charge internal admin fees when they process the transfers for you. But if you transfer out too often, administrative charges will start to kick-in.

Whatever it is, you still need to pay bank charges if you TT to another bank outside of SG when you don't have an SG bank account, right ?

Based on above bolded statement that you mentioned,... you have failed badly as an SG REIT investor. And you are using Options in countries that have this program to cover-up your failures. I too can cover-up my failures with my other instruments if I wished to.

But I'm a relatively successful SG REIT and dividend stock investor.

UtdHampshire mainly in grocery properties.

How grocery industry in US doing currently?

With online shopping on the rise, how impact on grocery shopping future?

Just my opinion : I would like an exposure into grocery-anchored props too in The US too. Based on datapoints around us and on other factors, such malls are building visitor footfalls again from re-openings in The USA.

Even during the pandemic, rental collection rate was acceptable,... in the high-80s, if my memory serves me right !

But then what about Takudan's reply from IB?

You transfer USD from DBS free. Doesn't IBKR's bank charge you anything for your incoming ? I'm neutral to this question.

You have ONLY 1 Free withdrawal, I have unlimited withdrawals if I wished to. You never know,... especially since you are using IBKR as a bank to convert your funds. You'll still have to pay USD2 if yuo transfer out for the second time onwards every month.

My banking side is free too for USDs.

Your yield started decreasing 'cos your REITs started to 'die-off' and you did not put in actions to mitigate this. You must know how to manage your REIT-investment. There is no such thing as auto-pilot. Nothing to do with initial advantage,... you don't know how to manage.

My First REIT, Singpost and Starhub died too,... so I quickly took profit and moved on to other REITs. My yield for Parkway Life is 6+% at my cost price today.

You want to talk abt Options that made you 1200% more over your dividends ? Wait till I tell you how much I made in my forex pair,.. just one pair is enough.

Don't use other instruments to shield your weaknesses.

How much is your banking fees to transfer out from IBKR ? This is banking TT fees, NOT that USD10/withdrawal which is charged by IBKR for administrative work.

I'll refer to your question here : Is can you add at such miserable yield? Just answer me this.

Then I will reply : Why you never bought earlier ? Why you never took the trouble to study and the risk to enter earlier ?? That's your own fault.

Okay,... let's say I have not bought any of the above and everything is so expensive today,... then it's my fault again if I never bought around March last year and it would again be my fault if I couldn't find another gem at today's price. Right ? It's not the mkt's fault.

You sure you can forget abt your Options after you entered a position ? Your counterpart can always close his position earlier with American Options. You will need to observe closely and take mitigating actions if he closes his position before the Expiry Date.

I am not a lawyer though. PM Hansel but no reply... Maybe need to give him some room to relax.

Anyone hold Propnex (OYY) here? any view?

Let me reply at midnight now.

To ur first para, then you are in trouble. When you need to withdraw one day, you will be surprised with what you do not know. You have not tested one full cycle of your investment activities.

Let me comment on : you did buy last year. But you have not bought enough. So, you are bitter abt life, and hence, started to say Options is the best for everybody. And everybody shld forget abt dividend stocks. Tell you what,... I know abt Options too,... I know abt Selling Covered Calls to collect premium, but I still wouldn't say Options is for everybody and everybody can forget abt dividend stocks.

I 'continue to start out everyday', identifying dividend stocks STILL WORTH going into. Why am I doing this ? Cos I know I can't pour everything I have into one or two stocks and destroy my wealth if these stocks fail. Diversification is the utmost principle of investing. And I don't like to average-up. Averaging-up reduces my margin of safety and my profit margin. Hence, I will always have 'new stocks' to work with, including today.

You just don't know how to uncover hidden gems.

To your last para,.. weekly options ? Such a short timeline,... then you are earning peanuts for the risk you are taking. The risk/reward ratio is not worth your effort. Lots of work to watch for counters, and lots of work to read if anything has changed before you start a new weekly position.

Tell you something,... I am still topping-up on a dividend stock, TODAY, that is worth it,... 6+% yield at current price. I just queue at 'Good Till Max' and everytime it touches my lower price, it will get matched. There are always gems to be uncovered.

Adobe, MS, Google and Shopify already matured while only collecting dividends atm

Crowdstrike and Docusign especially the former would be the growth instead

With those counters rather do ETFs and average down for better diversification and save on trade cost for long term holdings as there many pick to from as it is gonna be super competitive with more and more new choices coming in 

Look for LATAM techs as they are still undervalued and more potential growth with the exceptions of Mercadeo Libre 

* Income tax is levied on residents of Malaysia on income derived from foreign sources and received in Malaysia from January 1, 2022