IYW, IXN n XLK are broad based tech etfs. You probably just need one. AIQ n QTUM are for tech sector bets, which is your own bet.

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aiq more on AI while QTUM is more on quantum computing, is that how i understand it?


also, if i buy a variety of etf, than selective few. when it comes to dividend, will i get deducted more as each etf will needs to deduct those cost? so i should just end up buying a few than many, right?

don't quite understand.

If you use $1000 to buy one ETF, let's say you get taxed $30. If you buy 10 ETF with $100 each, you get taxed $3 ten times.

The amt you get taxed is the same

I mean dividend time. So when IBKR processes it, will it have charges?


I asked this cause last time when I own Visa and Mastercard using local broker, their charges were so high I never get any dividend. All eaten by charges. So in order for me to get dividend, I need to have larger amount.

Is that the case with etf dividend on IBKR

oooh understood. Can't help you as all my ETFs (including SXLK) are accumulating type so the money stays reinvested

Thanks. Np. I'll try out and see.

There is no charges by IBKR side. Only uncle Sam will ask IBKR to cut 30% for them. Visa, MasterCard is like 0.7% post tax is 0.49% so yeah peanuts dividend.

Yes u have to be aware of fees. Also with many Etfs u usually hv to pay higher brokerage as well.

Btw these tech etfs usually pay little if any dividends. And US has dividend witholding taxes as well. So if u want nice dividends look elsewhere. These are mainly for capital gains. And be careful, market esp tech is damn high now. It could go higher further but be mindful.

yes, i am aware of that.

i know try to use fear greed index to perhaps use it in my investing method, but it seems, every time you say its high, it goes higher.

and i don't think that fear greed index works.

im still finding my ways in this ibkr etf investing journey.

thanks everyone for guiding me.

You should be mentally prepared for a 20-30 percent drawdown.and have some sort of action plan.

thanks for the advice. i do really hope it comes by!

May i ask Why those ETFs instead of QQQ / QQQM?

Market tech going higher means it could be over valued for now and not worth to buy at such high price? What if my plan is to buy and hold for like 20-30yrs should I still continue buying single tech stocks for now?
Also for ETFs like QQQ , CSPX is it okay to buy (DCA regularly) even if the tech market is selling high now?

What is high can go higher. Stocks like Amazon, visa, microsoft have always been trading at a premium.

May I ask why SXLK instead of QQQ/QQQM?

This post has been edited by lola88: Mar 16 2024, 03:50 PM

lola88 SXLK is Irish domiciled. So 15% withholding tax instead of 30%

https://www.ft.com/content/84ea526c-49e5-4b...cc-73372d0835aa

FT Investments: Passive funds leave actives languishing

Assets in US index-trackers now outstrip those in stock selectors as investors opt for a smoother ride

anyone invested in healthcare related ETFs such as XLV?

hi guys, I have been a silent reader for a while.. Just wanted to ask sifu sifu here, you guys typically buy ETF with IBKR right? I was using FSM singapore (regular saving plan) but I think the pricing is not very competitive...

I typically buy VOO & VT (have to switch to VUAA to avoid tax craps)

So if I were to switch to IBKR, I should enable the recurring investment & fractional shares, right?

SXLK is fully the tech sectors compared to QQQM/QQQ which is tech heavy. Just wondering if you buy SXLK, will you be concerned if the holdings with higher weightage like APPL suddenly goes down? Also these ETFs dont gv alot of dividend, so does the 30% WHT significantly reduces the capital gain?

Im asking again because I am still deciding btwn QQQM vs SXLK.

Also Ramjade , can I get your thoughts for these? If you were me, would you pick SXLK or QQQM/QQQ? I dont intend to options anyway but will the 30% WHT be a significant drawback on capital gains?

This post has been edited by lola88: Apr 17 2024, 12:24 PM