Yes. They have license from Sg govt. For me I avoid anything to do with china. Is just personal.

See previous post above you.

This post has been edited by Ramjade: Jan 10 2021, 02:23 PM

So far ok TigerBroker compare to IB

isnt tigerbroker a singaporean company?

Tiger uses IB for all its backend.

No. It's china based. Just that they have license from sg govt to operate in sg.
https://www.crunchbase.com/organization/tiger-brokers
They have record of helping Chinese citizen to bypass china law to invest overseas (something illegal in china)

Hi. Would like to ask if anyone ever withdraw fund from webull? Is there any problem?

Okay thanks. So we just do you use then?

Your choice.
For me.I stay clear of China companies when it come to finance. I am ok with investing in china companies but not if they are holding my money.

For me I use interactive broker. Because I am poor (don't have USD100k) and I don't like paying fees for no reason (USD10/month in inactivity fees), I went with whitelabels of IB (Tradestation international). It's still IB (buying, selling deposit money all done on IB) but I pay more for the commision but I don't need to pay the inactivity fees.

any thoughts on KGRN?

Is it just due to NIO? I mean, I'm not even sure whether NIO is deserving of the gains or just another desperate search for the next TSLA?

Hi - S-Reits means Singapore reits? I do some checking, there’s only one ETF tracking S-Reits which is by lion Phillip, is that a good choice for mid term? Thanks

Yup, S-REITS are Singapore REITS. I checked on SGX ETF screener and also come to the same conclusion with you, only one ETF tracking S-REITs by Phillip.

I am aware that you have been asking SREITs-related questions in the SGX counter and SREIT thread, not sure if you missed my reply in the SREIT thread to your question.

I have replied you below:

https://forum.lowyat.net/index.php?showtopi...post&p=99611743

As for your question, ETF is basically a tracker of a basket of stocks, in this case, REITs. Judging from the REIT sector as a whole, in low interest rate era, most income-seeking investors will use REITs to substitute their bond holdings in their portfolio, more so given that bonds have large denominations that are out of reach to most retail investors.

However, you also have the option of buying the individual REITs yourself, instead of being bounded by the index. The main reason is that some investors prefer to invest in more mature and stable blue chip REITs rather than having a stake, albeit small, in those small REITs in the index.

Small REITs are less liquid and they may not have strong sponsors (there are exceptions). High leverage can also be of concern. But with the high risk you bear, you can earn higher returns compared to the mature solid blue chips. Corporate governance is a new issue with small REITs recently, exemplified by the doomed ESR-Sabana REIT merger and the Lippo Trust's issue.

So, if you don't want to have exposure in not so mature REITs, you can buy individual REITs yourself, on the other hand if you just want to follow an index and opt for passive investing, the Phillip ETF is one way to go. The index which the ETF tracks is already heavily tilted towards blue-chip REITs whereas those small REITs account for very little portion of the total NAV. S-REITs are quite oligopolistic, in some sense.

At the other end of the scale, some investors actually like heavy exposure in small REITs and small stakes in mature large-caps to smoothen their portfolio. In this case, the ETF won't suite your needs as what you want is the exact opposite of what the index consists of (heavy in blue chips, light on small-caps). In this case, you have to manually purchase the REITs and build up your own "manual ETF" yourself.

In the end, it all depends on your risk profile and your preference. I have mentioned some further thoughts in S-REITs in my reply to your post in the S-REITs thread (see link above).

This post has been edited by TOS: Jan 19 2021, 11:55 PM

Hi guys, saw news on SC adding TD Ameritrade to the blacklist. Will this affect us from trading in it? And also the funding and withdrawal part will have issue in future?

https://www.thestar.com.my/business/busines...a-to-alert-list

Huh, quite surprised they block TDA. While I never heard of the others, TDA is certainly legit and an established firm, merged with Schwab not long ago. It's website is blocked in Malaysia too, though the Singapore one is working. TDA is also licensed with the MAS.

The reason for blocking is: "Dealing in securities".

Looking at this, I am worried that IBKR might get banned as well, for the same reason.

thanks so much, great info, your kindness is much appreciated!

Let them ban IBKR. For all I care. It's not going to affect any of my decision.

Malaysia ban is just little piss when the fact most major trading are still done on IBKR which will still be around maybe even an incentive to open up for retail directly

Unlikely. Anything related to Forex will get ban hammer from Malaysia. Thanks to mahathir.

How to do DCA for ARKK funds? How much you put in each time? At what intervals? 1 month, 3 months....
Also you said earlier, to buy ARKK directly from US.
What is minimum buying price if direct purchase?

1. Open overseas brokerage.
Preferably interactive broker. Keep in mind there's an inactivity fees of USD10/month if you don't have usd100k in cash or portfolio worth or unable to generate usd10 worth of trading commission.
2. Fund the brokerage.
3. Once money is inside brokerage, you can start buying.

How much to put in each time depending on
1) how much money you have
2) how much are you willing to put in

How often to put in depending on
1) how much money you have

Kindly Google arkk price. For real price use investing.com or MarketWatch. Current price is usd141.

For us stocks you can just buy one share. Aka only pay USD141. If you use pure interactive broker (the one with usd10/month charges) you can buy in fractional shares. Means you don't need to buy 1 share. You can even buy 0.01 share of it = usd1.41 but you still pay same commision of usd0.35/transaction.

Plus the bunch of jokers in BNM now are even laughable

Thanks for the guide.. Will read up and get a bit of this etf to try