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moosset
post Apr 7 2019, 11:17 AM

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cherroy

I've got a question:

Say I'm interested in S&P500, so I'll find an ETF to track that.
Is it safe to say that we'll never make a loss in the long term??

For example, if you buy Apple, but Apple may go bankrupt. Maybe the stock price went down and I didn't exit in time, until it got delisted from the stock exchange.
In the case of ETF, if Apple got delisted from S&P500, another company will replace its position, right?? So this ETF will never go bankrupt??

So ETF is all to gain, nothing to lose in the long term??
If you hold an ETF, when the intrinsic companies change, it doesn't affect you in the long term, does it??

Sorry! I'm not sure if my question makes sense.
moosset
post Apr 7 2019, 02:49 PM

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QUOTE(Ramjade @ Apr 7 2019, 11:43 AM)
Yup you are right. But you to be prepared when market drop 30-40%
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so as long as you got holding power and can hold for long term, definitely no problem??

since S&P500 are the top companies, they will surely recover (or be replaced) in bull market, no?

if like that, then everyone (including PNB) can just invest in S&P500 and problem solved?
moosset
post Apr 8 2019, 03:51 PM

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QUOTE(rjb123 @ Apr 7 2019, 03:00 PM)
Past performance isn’t a guarantee for future performance.

But in the long term, as long as you hold long enough it’s a fairly safe bet.
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QUOTE(cherroy @ Apr 8 2019, 11:29 AM)
When a stock is removed from the index (due to massive loss/share price plunging), the ETF may need to dispose the stock at a loss as well, and buy a new inclusion stock.
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Thanks!
moosset
post Sep 17 2019, 04:00 PM

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ramjade

how do you deposit money from Malaysia to IB?

is there any fees for the money transfer?
moosset
post Sep 17 2019, 04:24 PM

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QUOTE(Ramjade @ Sep 17 2019, 04:16 PM)
Malaysian banks - > Instarem -> SG banks - > IB SG banks via FAST transfer  (like our IBFT) - > convert to whatever currency you want at spot rate (real market price which is cheaper Chnage every second , not Google or xe's) for USD2/transaction.
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from SG bank, cannot use transferwise?
moosset
post Nov 23 2019, 01:52 PM

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do Malaysians have TIN (tax identification number)?
moosset
post Nov 23 2019, 01:55 PM

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QUOTE(Ramjade @ Nov 23 2019, 01:53 PM)
Coming soon 2021. For now just give your income tax no
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That's what I did; but yesterday when they asked for an update, I ticked the box "Malaysia doesn't issue TIN".

Not sure got problems or not.
moosset
post Nov 23 2019, 07:50 PM

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QUOTE(Sumofwhich @ Nov 23 2019, 05:47 PM)
Should use income tax no.
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so how? change again? but they really don't have TIN.

 

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