QUOTE(Vector88 @ Apr 5 2017, 11:11 AM)
The platform I am using, itrade@CIMB, is charging SGD 10 per dividend / per stock. So if a REIT is paying 4 times dividend per year, it cost SGD 40 per annum to "maintain" that particular REIT... So far it is quite reasonable/acceptable to me, as I usually don't hold more than 5 reits at any point in time... so cost to me is SGD 200 per year, ie: around RM 600 per year... (actually it is about RM300-400 per year for since some reits that I hold like Croesus, Keppel DC, are paying 2 times dividend per year)
Thanks for the info. Are there any other charges in addition to this?
How do you convert your funds in RM to SGD?? Is it automatically done by iTrade and rate determined by CIMB?
and when you receive the dividend in SGD, what happens to the dividend? Converted back to RM?
QUOTE(wongmunkeong @ Apr 5 2017, 11:47 AM)
Just to share:
I've transferred from iTrade to TDASG (TDAmeritrade SG - rebranded from TDAA) all my US stocks
Thus, should be do-able for SG stocks too - ie. iTrade to SG broker.
Did you have to pay anything to transfer your stocks to another broker?
QUOTE(gark @ Apr 5 2017, 11:54 AM)
Not directly only ETF.. US shares dividend kena 30% tax..

actually I've questions about ETF. At one point, I wanted to buy gold ETF.
but there's something called mmgt/admin fee, right? Do you pay this yearly??