This.

I laughed when I read the reply. So much for being a independent financial advisor/planner.

And yes he reported me for pointing out what he posted. That guy damn fast kecik hati. Can't even take simple criticism.

This post has been edited by Ramjade: Jan 29 2023, 07:45 PM

For me, buy US Based ETF or Ireland based ETF. Nothing more (cost savings).

And the ETF we are talking about here is the S&P500 etf. If you are talking about other ETF, then yes maybe it's more beneficial to buy local. I do not know about other country ETF. If you are talking about S&P500 ETF or world index again nothing beats US or Ireland based ETF.

Yes I am willing to admit I don't know about other country ETF and no I won't report the post unlike him

This post has been edited by Ramjade: Jan 30 2023, 12:00 AM

Go vekc out mrfiredupwealth channel. He does hold some semi conductor etf. You need to sieve through his video to get what he holds.

Try UUP
USDU (bull USD)
UDN (bear USD)

This post has been edited by Ramjade: Feb 7 2023, 08:25 AM

That's why I have BlackRock in my portfolio. Got in at 480-500 levels. Will buy more if hit that level again.

This post has been edited by Ramjade: Feb 22 2023, 01:19 PM

Better to just buy individual bond over etf. Tax free. And not as capital intensive as our Malaysian or sg bonds at 250k a piece.

This post has been edited by Ramjade: Feb 22 2023, 02:37 PM

Yeah. Us bond. You need to know ticker of US bond. Then just buy from market. Last I heard only need min USD25/transaction. Not sure what type of bond is that.

See this blogger. He focus on buying primary US bonds.
http://globalincome50.blogspot.com/?m=1

1. Malaysian banks -> Sunway money -> deposit SGD into CIMB Sg -> Open IBKR -> follow the steps listed into the article on how to deposit money into IBKR.
https://investmentmoats.com/money/fund-with...rokers-account/
2. Once SGD inside your account, convert it into USD via IBKR app.
3. Login to IBKR enable trading permission for UK market.
4. Search for CSPX
5. Key in price you want and wait.
https://investingintheweb.com/education/inv...n-sp500-europe/

You want to have more SGD per RM you convert?
Yes. Then you use Sunway money. You get more SGD per RM.

You want to give banks free money?
Yes. Then don't use Sunway money. You have lesser SGD to invest cause banks took some money from you.☺️

See guide above.

But Ireland domiciled ETF if you want to save on dividend tax.

Frankly I will buy US etf and sacrifice dividend tax. Why?
I can do covered call on it. Once I have 100 units, I can do cover call on it and generating say USD20-50/week on my investment. This USD20-50 x52 weeks (there's 52 weeks in a year) is more than what the US govt tax on my dividend. In simple English I am getting paid more with extra Vs what the US govt is taxing me.

I can't do covered call if I buy Ireland demociled ETF..

I am just stating that why I prefer US version over Ireland version. No need follow me.

This post has been edited by Ramjade: Mar 27 2023, 08:32 PM

OptimusStar Frankly IBKR is not that hard. Their website is just nice. If you want simpler interface use IBKR global trader.

Dont bother with their desktop program.

This post has been edited by Ramjade: Mar 27 2023, 09:18 PM

Moral of the story stick with trusted name like vanguard and iShares.

I have no idea how you find your Australian account. You can fund IBKR directly using your Australian account.

To bring money back, try their fintech. They have lots of fintech there. If all else fail, use wise but make sure it's open under Australia if possible and not Malaysia cause wise is kinda of restricted by Malaysian govt laws.

AUD20k is better than RM20k limit.

Yes. Ibkr. You need to look for GBP S&P500.

The popular one are CSPX (USD) and VUAA (USD)


Here are GBP etf.
https://www.reddit.com/r/Bogleheads/comment...e_uk/?rdt=40581

IBKR SGD -> USD is spot rate. Real time market rate. Google/xe not accurate.

You can even select at what rate you want to convert if you are willing to wait for better rate. Put a GTC order via TWS.
You can't get that with wise.

So many.
https://etfdb.com/etfs/industry/semiconductors/

Ireland version
https://www.blackrock.com/uk/individual/pro...ctors-ucits-etf

This post has been edited by Ramjade: Dec 24 2023, 02:44 PM

Long term yes. Short term don't know. It's overvalued. AI is the new bubble.

My guess is QQQ.

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.

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

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