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 All about ETFs / Foreign Brokers, Exchange traded funds

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wodenus
post Nov 3 2014, 09:39 PM

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QUOTE(MNet @ Nov 3 2014, 08:41 PM)
Why u all buy SPY, VOO, IVV ?
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Some for diversification, some because hujan emas di negeri orang smile.gif

wodenus
post Nov 3 2014, 09:41 PM

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QUOTE(MNet @ Nov 3 2014, 08:01 PM)
wow too expensive.
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Not as expensive as the 2% mutual funds smile.gif



wodenus
post Nov 3 2014, 11:31 PM

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QUOTE(rjb123 @ Nov 3 2014, 11:01 PM)
ETFs can be used for long term, short term, intra day trading , short selling, options

Can you buy them directly in SG from Vanguard? Doesn't give any information on their SG website at all.

There's a Malaysia ETF, IWM by iShares : http://www.ishares.com/us/products/239669/...ci-malaysia-etf
I did say big chunks .. if you bought $5k, that $25 is only 0.5%
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This one really hujan emas lol, why would you not buy the ETF directly from bursa, it's only 0.005% (Malacca Securities I think smile.gif )

wodenus
post Nov 4 2014, 12:20 AM

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QUOTE(rjb123 @ Nov 4 2014, 12:17 AM)
Ah, I've never looked at any ETFs listed on Bursa

I don't think Vanguard funds are available directly in SG - FSM there for example sells "INFINITY US 500 STOCK INDEX" as a feeder fund
Sure, I was just saying $25 isn't too bad IF you only buy large chunks here and there. If you're topping up +/- $1k each time then yeah, paying $25 each time is a bit too much.
This one?

FTSE Bursa Malaysia KLCI ETF 0820EA
http://www.ambankgroup.com/sites/fbmklciet...es/default.aspx

Anyway here's a list of ETFs listed on Bursa :

http://www.bursamalaysia.com/market/securi...aded-funds-etfs
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Yes that one.. why would you pay anyone $25 to buy what you can buy for like 0.005% here smile.gif

wodenus
post Apr 27 2015, 03:05 PM

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QUOTE(rjb123 @ Apr 27 2015, 02:20 PM)
1. VUSD Witholding taxes are already settled in the ETF, not deducted after payout. So there's no extra 15% to be deducted
2. You're right, I was going with £6 / trade which I put at $9, so it's actually $4 / less per trade.
3. I didn't include the platform fee
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What about withholding tax on dividends?


This post has been edited by wodenus: Apr 27 2015, 03:06 PM
wodenus
post Apr 27 2015, 03:27 PM

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QUOTE(rjb123 @ Apr 27 2015, 03:06 PM)
Taxed at 15% rather than 30%, the reported dividends already account for the 15% deduction as far as I'm aware.

I'll double check next time VUSD pays out smile.gif
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Ok so you buy the VUSD on the LSE.. so you only get charged 15%.. cool yea let us know smile.gif

wodenus
post Aug 12 2015, 05:33 PM

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QUOTE(rjb123 @ Aug 12 2015, 12:44 AM)
W8-BEN form exempts you from CGT (Capital Gains Tax) on US stocks. Withholding taxes on dividends still apply (30%)

Deposit just wire from Maybank FCA to their Citibank account in USA. Always arrived on the same day so far - no problems smile.gif
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Wire charges are kind of high aren't they?

This post has been edited by wodenus: Aug 12 2015, 05:33 PM

 

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