WSJ FINANCE: INVESTING

AI Funds Are Missing Out on the AI Stock Boom
Tech stocks are powering the bull market, but AI-powered ETFs are lagging behind

https://www.wsj.com/finance/investing/ai-fu...share_permalink

Cross-posted with "USA Stock Discussion v8" thread: https://forum.lowyat.net/topic/3975107/+12920

I think you are doing this computation after the onshore MYR FX market is close. The AOO's quotes aftermarket are very inaccurate.

Try to redo the same calculation after 9 am tomorrow when the onshore ringgit FX market is alive again.

This post has been edited by TOS: Dec 12 2023, 09:11 PM

Yes, if you do an RSP purchase.

The source of info is from IBKR thread: https://forum.lowyat.net/index.php?showtopi...ost&p=108549577

This post has been edited by TOS: Dec 13 2023, 11:02 PM

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

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

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.

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

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...

I see, so that's active investing then... as in actively betting on which market indices might outperform a global market index.

Interesting experimentation. All the best.