bro Hansel,

Kindly guide me asap as I m running out time.

fyi, I have a cdp acc now but it s not attached to any brokerage. thinking of sgd2 per mth for inactivity (which applicable for foreign counter only irregardless units).

maybe can I transfer the counters from Std Ctd to CDP but the CDP is not linked to any brokerage. maybe I linked it once I m ready. what say you ?

still thinking how... please advise me asap.

This post has been edited by prince_mk: Dec 6 2016, 09:03 AM

Hello sifu Hansel. Greetings from Singapore.

why do you go for Frasers Centrepoint when the dividend is ard 6% ? why not other counters ?

some other counters can give decent dividend too (and also growth).

can share your thought ?

I'm here, bro,... what other brokerage accounts do you have in Sgp besides Stanchart ?

Because one reason is I have studied FCT extensively, and have witnessed the fact that FCT's dpu GROWS over time. Secondly, there is an AEI running now in one of the major mall assets, and when the AEI is completed in August 2017, I have strong conviction that the dpu will grow.

The price has dropped recently,.. and is still continuing to drop because insts are selling. It's in their SOP - they MUST SELL because of the current events. You and I got no SOP !

Great, bro,... you're in Sgp now. You're a man of your word,........

suggest you go try maybank kim eng, i was there yesterday .

For those wan dbs vickers Relationship Manager contact num and email, will snap u a photo later. Deal with them directly. Easier. Dont keep guessing how how and how.

Boss, I have Sg Std Ctd acc only. How ? Or I shall come back next round ?

[quote=Hansel,Dec 6 2016, 10:34 AM]
Great, bro,... you're in Sgp now. You're a man of your word,........ :thumbsup:

[/quo]

Boss,

You are my Investment Sifu. Time shall wait for no men. So, better early than sorry.

This post has been edited by prince_mk: Dec 6 2016, 01:00 PM

[quote=prince_mk,Dec 6 2016, 12:56 PM]
For those wan dbs vickers Relationship Manager contact num and email, will snap u a photo later. Deal with them directly. Easier. Dont keep guessing how how and how.

Boss, I have Sg Std Ctd acc only. How ? Or I shall come back next round ?

[/quote]


[quote=prince_mk,Dec 6 2016, 12:59 PM]
[quote=Hansel,Dec 6 2016, 10:34 AM]
Great, bro,... you're in Sgp now. You're a man of your word,........

[/quo]

Boss,

You are my Investment Sifu. Time shall wait for no men. So, better early than sorry.

[/quote]

Yes, bro,....

I think it's better that you open one brokerage acct at DBSV or at Maybank KE (see the immediate previous post by apathen). I would prefer DBSV because your MCA Acct will be abe to act immediately with a DBSV acct.. Bro,.. as for Maybank KE, make sure it's a direct holding with CDP, and NOT another nominee type of account like the one you have with Stanchart.

Try to do it before you leave SG, bro,....

https://www.google.com.sg/url?sa=t&source=w...bDwwLxCGx8YlXZA

This post has been edited by prince_mk: Dec 6 2016, 01:20 PM

Hi Bro, with 30% withholding tax on our dividend earned, do you still think is worth to invest in US stocks/REIT?

Morning bro,...

You are right. It's not worth it, unless your average yield is in the region of a safe 10%, then earning 70% net is acceptable. If the dpu is growing,.. it might still be worth it, though,...

BUT : there is ONE REIT now in the USD that we able to invest into and which is special, in the sense that it does not impose any withholding onto us. THis is Manulife US REIT, listed in the SGX, stock code : (sorry,... just slipped my mind this morning),.... Pls look it up yourself,... let me know later if you can't find it.

Thanks for the info.

I just came back from Singapore....

Took a drive around to have a "FEEL" of my REits investment.. haha.

Yes,.. we must have the 'feel',... then critical and useful ideas will pop up into our mind all of a sudden,..

https://sg.finance.yahoo.com/news/heres-why...-232400108.html

what u think ASCENDAS REIT... for long term hold. ?
Need read more before deciding to add.

just saw this

i think there is No withholding tax if you submit your WBEN-8 forms to your broker.

For the dbs MCA, i deposited sgd3000. How to keep money in different currency ? login via their online apps, but see sgd basket only.

Please advise.

Replying to you first, bro,... there is a mistake then,... I see the different 'wallets' when I logged in to mine. Please call the DBS Helpdesk,...Bro,... you should have converted into some USDs too and give to them by-hand when you opened your MCA,...

Huh ? OKay, what I know is :-

1) For ALL other US-based REITs and Counters invested into by non-residents, you will STILL BE HIT by the 30% WTH Tax onto yr divvies even though you have completed the W8-BEN forms. Please check again and if this ruling has been CHANGED BY MY FRIEND DT, PLEASE LET US KNOW. I would really like to invest into US-based securities if true.

2) For Manulife US REIT listed in Singapore, invested into by Singaporeans and Malaysians (I'm not sure of the other nationalities, maybe similar too), yes, need to fill-in the W8-BEN Form ACCURATELY, then you WILL NOT BE TAXED THE 30% WTH Tax onto your USD dividends..

I studied this REIT sometime back,.... haven't looked at it for sometime. Yeah, I think if your investment objective is for longterm hold, it's okay,... I don't invest in this,... big cap REITs like this normally don't benefit us much, besides the longterm hold security. But, that;s just my opinion,...

My RM too told me to buy this previously,... err,.. I preferred to buy other growing counters,...