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> Asset Allocation Investing using US ETF, Basic approach to asset Allocation ETF

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jutamind
post Jun 10 2013, 10:54 PM

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which US broker recommended to use?

i think the barrier is that if you are a small timer investor, the cost of trading is probably higher than the investment amount...but i might be wrong here...

but, i'm interested in knowing more on how to invest with US online brokers, especially on funds transfer/payment
jutamind
post Jun 11 2013, 08:14 AM

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Dreamer,

Which online broker do you use? What's the commission rate and how to fund your trading amount?
jutamind
post Jun 11 2013, 03:18 PM

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what's the difference between the same ETF but listed in SGX and HKEX? Arent they the same ETF but only traded in different currencies?

If we were to buy from SG/HK, what would be the cheapest to fund the trading account in SG/HK?

QUOTE(gark @ Jun 11 2013, 02:39 PM)
For those who are interested in ETF... but worry about trading cost and 30% withholding tax ton dividends there are ways to avoid this.

Buy offshore US ETF listed in SGX and HKEX, you will not be charged the 30% withholding tax since both countries have no tax on dividends. You choices are more limited, but you can still find the most of the more popular ETF's.

Also a lot of broker have commission free trades on US ETF, this might be able to offset your witholding tax. Then sell your holdings before dividend and re-buy ex-dividend once the price is adjusted. Otherwise don't bother (like me) as most US ETF dividend is <3%.

Or you can buy Offshore Vanguard funds , as non-US resident but the minimum purchase is $10,000.
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jutamind
post Jun 11 2013, 04:07 PM

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how do you transfer RM to SG/HK for payment of these ETFs purchase?

QUOTE(gark @ Jun 11 2013, 03:21 PM)
All of them listed is US, HKEX or SGX is traded in USD only.

Just the company structure is different, those listed in SGX and HKEX is offshore, so they are not subject to US tax.
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jutamind
post Jun 14 2013, 09:53 PM

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few questions:

1. can 5/25 rule be applied to unit trust funds?
2. if 5/25 rule is breached, instead of selling, can we use the rule to top up assuming that the underlying funds/ETFs are good and we have spare cash to invest?
jutamind
post Jun 18 2013, 01:32 PM

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Hi Dreamer,

Do you invest in ETF using DCA/VCA or as and when you want to invest?
jutamind
post Jul 28 2014, 09:55 PM

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for those investing in foreign shares, arent the TT fees prohibitive, ie eat up quite a big % of your trading value?


QUOTE(MNet @ Jul 28 2014, 09:32 PM)
Let take Vanguard FTSE All Wd Ex US Small Cap ETF @ $110.28/share

I would suggest

1. If u trade less that 1000 unit of share go for PlaceTrade as commission is $0.01/share with minumum $1.5
http://www.us.placetrade.com/index.php/low...ommissions-fees

2. merrilledge if trade more than 1000 unit of share
http://www.merrilledge.com/why-merrill-edg...pagenav=pricing
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jutamind
post Jul 29 2014, 08:21 AM

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20k in RM? I thought max we can TT per day is 10k?


QUOTE(rjb123 @ Jul 29 2014, 03:27 AM)
BTW, TD has commission free trades on many ETFs - no fees for buying, only a "fine" if holding for less than a certain amount of time (2/3 months? I'm not sure)

TT fee isn't much. Say overall, it may cost $50 USD as most for a transfer - if you transfer $1000 that's $50 (5%), if you transfer $10000 that's 0.5%, if $20000 that's 0.25%.

So far if I transferred in - either $10K or $20k, the % of TT fees is less than the SC I'd pay if I was buying funds in Malaysia
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jutamind
post Jul 29 2014, 08:55 AM

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TT from counter, outbound fees also RM10?

QUOTE(wongmunkeong @ Jul 29 2014, 08:32 AM)
online max RM10K /day
at counter until RM50K then they may ask some Qs
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jutamind
post Aug 30 2014, 11:46 PM

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When I sell my ETF, who will purchase my ETF? ETF provider or buyer from open market?

 

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