Don't think so. Asking them do I need a Maybank account or a Maybank account is not needed (send the email yesterday). No reply yet. If by mail I think need to have everything verify by commission of oath (as in the case of Philip). Not sure if they let use do my mail or not. I am heading down to SG again in March to deposit money

https://eforms.maybank-ke.com.sg/page-2.html

This post has been edited by Ramjade: Feb 20 2017, 10:05 AM

Even a prefunded account? I am not looking for CA but a prefunded account.

elea88, here's their reply.
ShinG3e How nice. You used Maybank account I presumed so I think that's why no problem.

1) I have never sell but others said that's what happen. Btw, what POSB account you have? Planning to close my DBS MCA as I feel SGD3k a month is not worth parking inside.
Check this guide out.
http://www.turtleinvestor.net/turtle-tip-h...y-18-per-trade/

Cash upfront can only be access via https://internet-banking.dbs.com.sg/IB/Welcome
2) I have no problem S-REITS or other share not in my name. However I hope Maybank KE extend the SGD10 promo. I don't attend AGMs (too far for me) If it's SGD18, I better use DBS Vickers.
3) If buy with Maybank KE, won't transfer out. Thanks for the price. All this while I thought it was SGD10 to transfer out.

When you look at REITS, checkout
- occupancy
- debts (gearing level)
- no of fixed rate interest
- is the dividend droppng?
- don't get fool by high dividend
- if want high dividend, really need to moniter
- AGMs (review of it from bloggers/SG forums)

That's what I learnt.

This post has been edited by Ramjade: Feb 20 2017, 11:02 PM

To open online trading account, it's compulsory to open esaver however SCB is out of question. They refuse to opened for me as we are malaysians. I posted my experience with them few post back. I went to 3 branches (MBFC, Battery road, woodlands)and all refuse to open account when hear I am malaysians despite I showed them I have DBS V and DBS MCA.

To open with them, theae are some of the criteria although it's different from branches :
i) be priority customer
ii) working permit*
iii) buy insurance product from them at SGD500/month for 5 years or SGD400/month for 10 years* (savings plan)
iv) one lump UT worth SGD50k at service charge 3%
v) morgage*

* is consistent thoughout all 3 branches.

2 of the branches said this.
SG govt have make it stricter to open account since last year. We are particularly strict agaisnt malaysians.

Feel like want to complain.

This post has been edited by Ramjade: Feb 21 2017, 08:25 AM

DBS vickers cash upfront = SGD18/0.18%/transaction depending on whichever is higher. Right now promo is SGD10/0.12%/transaction with SGD5 rebate/trade. Promo valid until end of june. After that it will revert back to SGD18/0.18%/transaction.

DBS Vickers Cash = SGD25/0.20%/transaction whichever is higher.

Standard Chartered online trading account = SGD10/0.20%/transaction whichever is higher. It's not a promo. It's their feature.

Priority customer of standard chartered doesn't need to pay brokerage fee.

This post has been edited by Ramjade: Feb 21 2017, 10:09 AM

gark HK Reits also no withholding tax right?

Damn. And then later they charge us for tax
Looks like HKSE is the better choice. But to fly to HK to open account..

Not competitive enough. HKD100 vs Chief at HKD40
Not to mention
SGD2 per counter per month (subject to max. of SGD150* per quarter)

Waiver Conditions:
At least 2 trades per month or 6 trades per quarter;

I am more interested in HKSE than ASX

15% is way cheaper than ASX at 30%. Now GBP is still considered cheap.

I think I am giving ASX a skip as there's 30% tax. HKSE no tax. LSE 15% tax and you can get stocks which invest in the US at 15% tax.

30% steep.
No they don't need to pay the SGD10/transaction fees. Just clearing fees and stamp duty. Same like last time when SCB does not have min charge for everybody.

Haiz, I buy at 1.3 few weeks back.

This post has been edited by Ramjade: Feb 22 2017, 02:15 PM

No more bullets unless I remove my DBS money. Lesson learn, always have warchest ready.

This post has been edited by Ramjade: Feb 22 2017, 02:19 PM

Actually it's my saving. Stuff which I have saved up since school.
Will wait for dividend to come and fill up the warchest again.

Warchest plan
- Dividend which received + injected capital. No DRIP for me as DRIP can cause odd no which make it hard to sell.
- Will include USD, SGD, HKD/ASX.
- amount should be sufficient to buy 3-4x of each fund (on SGD1k/fund) that's why keeping my total list short.
- Will use United Asian HY bond fund to pay for DBS MCA SGD5/month fees.

I do not have any ASX. I think ASX is kind of waste as the 30% tax is high. From what I learnt with reading from those who invest using ETF, keep your cost low (brokerage + tax).

Ask yourself why did you invest in Manulife US REITS? Why not invest straight into US exchange? I am sure there are other office REITS in US which can beat Manulife. I think the answer is simple. The withholding tax by US gov. Manulife is tax free if we submit the WBEN8 form. Same thing apply to ASX.

If the returns are same with S-reits, will not go into ASX. Will use proxy reit manager to get higher returns (s-reit is tax free) compare to ASX (30% tax).

Will consider ASX only if the return can be more than S-REITS (even a little is ok)


Prefer
- UT for now. No frill about right issue, tax issue, analysis about cash flow etc, just moniter the market when drop then dump in when drop. Cheaper S-reit (0% SC instead of SGD18). Make 4.xx% return in less than 6 months (FSM MY). Some of my funds have me 7.xx% in less 6 months. Took guy3288 advise and buy when market drop drastically (UT).
- Haven't get any returns from S-reit yet so my comment does not hold water.

This post has been edited by Ramjade: Feb 22 2017, 03:31 PM

I started because SG was closing doors and I cannot wait any longer (there was no news with my Maybank application). Better get in than miss the boat despite not getting SCB as my brokerage. Had they not try to close the door, I wouldn't have open a SG account.

This post has been edited by Ramjade: Feb 22 2017, 04:48 PM

No choice need to change, Good thing is we can bring max USD10k/trip and not max RM30k/trip. Will be changing some USD for manulife REIT +SGD. Regard not getting any.

Same here auntie/sis? Will be earning RM and investing in SGD

My degree is not recognised overseas.