Yeah investing in those crap mutual funds for poor returns is stupid.
The fees they charge p.a. is super high for the poor performance.

Only reason to invest in those is to obtain tax relief/rebate (if applicable).
After getting the tax advantage, fast fast try to withdraw

Never came across a US ETF listed in another exchange that pays in other currencies than USD.
Even EQQQ pays dividends in USD.

This post has been edited by Yggdrasil: Sep 26 2020, 05:50 PM

Look at their prospectus and financial report to see.

Usually you're sort of an indirect owner of the companies in ETFs you buy (Malaysia or overseas). The ETF is like a management company that holds the stocks. You can see their holdings in the report.

Just like REITs, you are part "owners" of the properties but it's kinda indirectly.

IMO, ETFs in Malaysia have terrible liquidity, spread and high management fees. Best is to look elsewhere.

I mean better don't buy those on Bursa because of the way it's structured.
ETF management fees here are much higher and the ETFs are not liquid.

Only benefit is you don't have to convert to foreign currency to buy.

Safest but too diversified ETF.
Suitable if you expect around 5%~6% p.a. only.
Not bad alternative to EPF, ASB etc.

VOO is managed by Vanguard. SPY is managed by SPDR.
People recommend Vanguard because fee is lower.
Both attempt to track S&P 500 index.

NASDAQ and S&P use different criteria to rank their top companies.
NASDAQ 100 has 100 companies while S&P 500 has 500.
Hence, NASDAQ 100 is less diversified.

NASDAQ 100 does not have any financial stocks while S&P 500 does.
You won't find any banking stocks in NASDAQ 100.
NASDAQ 100 is also tech focused.
If tech goes bust like Dot-com Bubble, might take years to recover.

QQQ is managed by Invesco.
It attempts to track NASDAQ 100.

But why? Expense ratio is high and doesn't have a track record (less than 5 years).
Ark funds performed well this year but doesn't mean it will perform well in future.

If Cathie is so good at picking stocks, why now only her funds became popular?

Not to shit on ARK but genuinely like to know from people who keep recommending Ark.

Actually 5 years is not long to judge especially since we haven't seen the funds' performance in an actual bear market.

It's up to risk appetite I guess. Sticking to S&P 500 is not just for stable returns but for diversification.

QQQ has around 10% of Apple and 10% of Amazon.
You can combine that with other ETFs.

CSPX.L is London exchange right? IIRC, the transaction fee is higher per share.
Try looking for those listen on other exchanges. However, do look at daily transacted value to determine liquidity.
CSPX is iShares. I heard Vanguard's alternative is better.
Example is VUSA.MI which is domiciled in Ireland but traded on Borsa Italiana i.e. Italian stock exchange.

NASDAQ 100 domiciled in Ireland is EQQQ.MI. I hold these.
Do note that NASDAQ100 in theory should give higher returns but is subject to higher volatility.

NASDAQ has outperformed S&P500 in recent years but it did not recover from dot-com bubble until about 16 years later.
Meanwhile, it only took S&P500 6 years to recover (if you include dividends).
To be on the safe route, best is to stick to S&P 500 which has 50+ year track record.

Alternatively, you can keep a 50:50 portfolio and rebalance monthly/yearly.
I would recommend adding some bonds and maintaining 60:40 ratio of S&P500:TLT with quarterly rebalancing.
Adding bonds and rebalancing gives you the benefit of lower risk for the approximately the same return.

Compare here

Anyone here sells covered strangles against their ETFs?

If want to make comparison, you should compare with same manager.
E.g. VOO is by Vanguard so compare with VUSD or VUSA which is also by Vanguard.
Both VUSD and VUSA are domiciled in Ireland.

15% withholding tax is the lowest already for Malaysians.
You need to consider other factors like liquidity, estate tax and currency too.
Not just WHT tax.

I don't prefer thematic ETF because it's sector specific and for me to diversify, I will need to buy a few different ETFs which will incur more costs.
Managed ETF is not my cup of tea because not many managers can outperform in the long run.
I hold QQQ instead of VOO despite QQQ having 0.2% p.a. fees.

Fees are already much lower or equivalent to local brokerages.
If you want to DCA, try to DCA minimum RM6k per transaction. If you DCA RM1k per transaction, it's not worth it.
Always measure fees as a % of trade transaction.