u can find out exactly how much dividend given out https://www.nasdaq.com/market-activity/etf/...ividend-history that's 0.117% saved



S&P500 dividend is 1.31% https://www.nasdaq.com/market-activity/etf/...ividend-history

This post has been edited by Medufsaid: Apr 17 2024, 12:19 PM

I'm contemplating to invest in either VT (using FSMOne RSP) or ISAC (using Stashaway Flexible portfolio).

I know SA has a 0.2% fee but VT comes with 30% dividend tax as well. Which is a better option cost wise?

PS: Not considering IBKR. Thanks.

VT annual dividend 1.55%. assuming ISAC 100% replicates VT, you only save 0.2325% annually



so now u find out if FSM transaction fees + 0.2325% additional WHT is cheaper than SA 0.3% annual feesit's 0.3%

This post has been edited by Medufsaid: May 7 2024, 11:13 AM

The new CEO of Vanguard is from Blackrock. Will he change the famed "Bogleheads" culture? The cultural clash between Blackrock and Vanguard will make an interesting watch for passive US equity ETF holders.

https://www.ft.com/content/0efc66b3-da99-41...44-ad00491155a0

What is the recommended ETF for a young adult to start with monthly investing with small amount like 100-200 a month?

Currently looking at VOO via FSMOne or ISAC via SA. Not looking at Moomoo MY or IBKR at the moment as available investment amount is too small to justify the brokerage cost.

jutamind stashaway. FSM fees is RM1 + RM1 Malaysian stamp duty. That's already 1%-2% of your RM100-200

Collect until RM10k then transfer it. Don't bother with FSM.

Oh ya, forgot about this stamp duty.

Wah, to save until 10k, then it's going to take years before can start investing. Probably will start with SA for regular small time investment until the savings grow big enough to do periodic lump sum in IBKR.

So is VOO a better choice to start investing or ISAC or other better ETFs?

This post has been edited by jutamind: Jul 24 2024, 08:15 PM

Moomoo can buy fractional shares. I think.

Depends on what you want. If you want to save on dividend tax, cspx or it's equivalent from LSE (Ireland based).

If you want to do options like me SPY, QQQ. You will recover > the 30% dividend tax charged by US govt.

That's what I did. I saved until 10k then only move the money overseas. Rinse and repeat.

This post has been edited by Ramjade: Jul 24 2024, 09:18 PM

VOO no good. Your estate kena 40% tax then you know. ISAC better vs VOO tax wise on wht and estate.

I think if you buy from MY broker or robo advisor, then I think there should be no estate tax as the shares are held under nominee. If you buy direct using IBKR, then I guess estate tax might kick in. Just my guesses anyway

Regardless where you buy, you will still get estate tax. Cannot run away from US IRS.

If you buy Irish/Luxembourg-domiciled funds/ETFs then there will be no estate tax, IRS doesn't chase all the way until the Level 2 stage. There is only 15% WHT on the dividends paid by the Irish ETF to IRS.

If you buy VOO/QQQM or other US-domiciled funds, then 30% WHT on dividends plus estate tax for those NRAs holding above 60k USD.

IBKR has joint account - Tenancy by the Entirety for you to open with your spouse

Yes ireland no estate tax. But if you buy voo likely kena estate tax.

FT Alphaville Corporate bonds

ETFs are eating the bond market
And changing its nature in the process

by Robin Wigglesworth and Will Schmitt

https://archive.ph/QoDVM

Bloomberg: The $6.3 Trillion Money-Market Industry Just Got Its First ETF

Texas Capital Bank debuts new ETF which trades as ‘MMKT’
ETF will comply with rules governing money-market funds

https://www.bloomberg.com/news/articles/202...t-its-first-etf

First in US maybe..but HK and SGX already got.

just a follow up on this topic for young adult beginning their investing journey with very small capital (100-200 per month).

My kid has started investing in ISAC ETF using SA for the past 2 months. Is there any other recommended ETFs that can complement ISAC, though i know ISAC is already covering developed and emerging markets. Would adding IVV/VOO or QQQ adds value into the portfolio?

Think about why you buy ISAC in the first place.

Owning ISAC basically means exposure to MSCI ACWI Index, which includes developed countries and developing countries, and the index is already heavily tilting towards the US markets.

If you add VOO/QQQ, you are adding even more US exposure into it. Is that necessary? Is that what you/your kid wants?

-------------------------------------------------------

You also need to think of the meaning of "complementing". You already got developed + developing countries. Perhaps you can "complement" by adding frontier markets? Or perhaps other asset classes like bonds and bills (or even commodities). Think about what sort of values do adding these have in your portfolio.

If they don't add any value, then just stick to a pure global equity index ETF will do the job. Finance should be simple, not complicated - a good lesson for your kid to learn since young before he starts to be bombarded by structured products by his bankers when he grows up...