parking here to learn more

??

mind to explain why pick these etfs??

look like exposure to japan, china, em, us tech, us mid, xly??

want to know as well,
for TD and IB, is it cheaper to send from SG than MY??

For IB, SG la of course. Funding is practically free as you can send in SGD. Then use their exchange to convert to other currency. People say their currency changer is cheaper than banks.

I believed for TD, you will need to send in USD and some bank in Singapore like DBS let you deposit in USD notes. So it shouldn't be that expensive.

This post has been edited by Ramjade: Nov 17 2016, 08:51 AM

FYI - TDAA takes SGD from SGD banks

thanks, even having SG bank with USD account, still need to TT to TD? seem to be costly for small amount.

btw, opening the IB account is domiciled in SG?

See the above. IB is based in US

so practically I can access us stock without USD TT charge??

MYR account <bank transfer> SGD account <bank deposit/withdraw> IB/TDAA in SGD <convert> IB/TDAA in USD <buy/sell> us stock?

Commission for optionX is abt usd15 (units less than 1000)

That s y I wan think twice. Whereas TDA is usd10.65 per trade flat.

IB, for this part of the world:

.. admin is done from Hong Kong.
.. funds transfer is with New York bank.

er.. what has IB gotta do with TDAA SG ar?
i'm lost or U lost?

TDAA accepts SG banks' cheques in SGD.
They will convert themselves.

i was on OX
now on TOS (TDA's or TDAA's platform).

it's like comparing a remote control car (OX)
VS
drone with cam, GPS & weapons loadout (TOS)

the tools, alerts, data, backtesting, daily "classes", etc... whoa..
THOUGH it may look confusing to newbies (so many possibilities) - newbies can focus on just 2 or 3 screen items cukup heheh

Also OX management now seems to be focusing on high net worth folks - i had slightly less than USD10K coz i moved a chunk to TOS and they sent me a nice email asking me to top-up until net liq >=$10K.

So much for keeping my "first love" - for bulk contracts/stocks, it is cheaper by about 10% VS my TOS a/c but.. OX no luv me no more so.. i was forced to leave "her"..

Here is a enquiry from a friend. Can any sifu share insight whether to sign up TDA or just continue existing Sg brokerage with USD settlèment acc.

If you only want buy ETF can do via SG BROKERAGE. why want open another US broker? you would hv to park USD 3500 there. And another account to manage.<br>
Just sharing my thoughts.

I looked at few US ETF before.. but never did buy. Yes, there is long term capital appreciation.. however, very low dividend.

I feel its safer holding stuff that can return 6 to 8% constantly every year is safer.. with low votality.

Maybe I am wrong...

I tried to diversify out from REITS .. hv Asian pay tv (lukily only got 1000 units) M1 (huge negative now); UMS, singtel, NERATEL (just cut loss yesterday)... as not sure where the company is heading...

Lower risk. Even if there is dividend cut. its only the 1 to 2%.. as the portfolio of property is quite large.

This post has been edited by prince_mk: Nov 18 2016, 10:59 AM

just my PoV & practice:
1. IF just buy/hold and for asset allocation +sub-asset diversification: bought & sat on US listed stocks via iTrade

2. IF want to use sell Naked Put options to buy for (1.)
AND want to use sell Covered Call options to juice (1.) dividend+premium returns and/or sell at worthwhile price
AND want to avoid stupid agent charges on dividends by iTrade/HLeB (which is a cost on top of the 30% withholding by US IRS for non-resident aliens):
do on ToS, OX, etc (now i'm only on ToS)

2 cents sharing

This post has been edited by wongmunkeong: Nov 18 2016, 12:04 PM

What's ToS?

This post has been edited by Ramjade: Nov 18 2016, 12:06 PM

ToS = Think or swim (TD Ameritrade)

Thanks bro - heheh - too used to call by platform name/short cut
forgot newbies refer to the Broker's Co. (TDA or TDAA)
ah.. there was once upon a time FB meant some else...

Ramjade yup yup TD Ameritrade (Asia la, since US mothership threw us NRAs out of US to SG)

This post has been edited by wongmunkeong: Nov 18 2016, 12:30 PM

I only know abt US shares abit and US etf abit. Wan buy and keep for dividend / growth.

At the moment, no options or future coz not familiar. Buying in small numbers coz limited capital and wanna test d water.

Should i remain with Sg brokerage ?