Hey, im new here , just wanna ask whether i can invest in index fund such as Vanguard or Fidelity from msia and if yes how to do it? im going to start work probably next year and i dont wanna waste my money in bank
investing in index fund
investing in index fund
|
|
Sep 13 2016, 12:29 PM, updated 10y ago
Show posts by this member only | IPv6 | Post
#1
|
![]() ![]()
Junior Member
112 posts Joined: Sep 2016 |
Hey, im new here , just wanna ask whether i can invest in index fund such as Vanguard or Fidelity from msia and if yes how to do it? im going to start work probably next year and i dont wanna waste my money in bank
|
|
|
|
|
|
Sep 13 2016, 12:32 PM
Show posts by this member only | Post
#2
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
4,436 posts Joined: Oct 2008 |
QUOTE(mapeyeo1 @ Sep 13 2016, 12:29 PM) Hey, im new here , just wanna ask whether i can invest in index fund such as Vanguard or Fidelity from msia and if yes how to do it? im going to start work probably next year and i dont wanna waste my money in bank Currently, there is no mechanism to invest directly from Malaysia into the index fund you mentioned above. Xuzen |
|
|
Sep 13 2016, 12:33 PM
Show posts by this member only | Post
#3
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
6,266 posts Joined: Jul 2005 From: UEP Subang Jaya |
Tumpang thread, are there local index funds to invest in?
|
|
|
Sep 13 2016, 12:34 PM
Show posts by this member only | Post
#4
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,143 posts Joined: Jan 2015 |
saw this in the star paper few days back....
Sunday, 11 September 2016 Investing in ETFs in Malaysia http://www.thestar.com.my/business/busines...fs-in-malaysia/ |
|
|
Sep 13 2016, 12:41 PM
Show posts by this member only | IPv6 | Post
#5
|
![]() ![]()
Junior Member
112 posts Joined: Sep 2016 |
i read a post titled "Public Mutual, PM/PB series fund" and there was a user named wankongyew commenting there was no true index fund in msia. That was in 2009, so is his statement still true now 2016?
|
|
|
Sep 13 2016, 12:45 PM
Show posts by this member only | Post
#6
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
14,959 posts Joined: Mar 2015 |
|
|
|
|
|
|
Sep 13 2016, 01:19 PM
Show posts by this member only | Post
#7
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,031 posts Joined: Jun 2008 |
There are no local index funds worth investing in in Malaysia. I'd suggest getting a foreign broking account and investing in the US ones.
|
|
|
Sep 13 2016, 01:36 PM
Show posts by this member only | Post
#8
|
![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
1,033 posts Joined: Dec 2009 |
QUOTE(mapeyeo1 @ Sep 13 2016, 12:29 PM) Hey, im new here , just wanna ask whether i can invest in index fund such as Vanguard or Fidelity from msia and if yes how to do it? im going to start work probably next year and i dont wanna waste my money in bank CIMB I trade allow you to buy index funds in US but due to the cost, that might not be that feasible unless it is not small volumes.This post has been edited by zacknistelrooy: Sep 13 2016, 01:37 PM |
|
|
Sep 13 2016, 04:28 PM
Show posts by this member only | Post
#9
|
|
Elite
5,608 posts Joined: May 2011 From: Here, There, Everywhere |
IF U want to go an extra step:
Open an a/c with TDAmeritrade Asia (located in SG) and it is very cost effective - even the dividends aren't charged the "handling fees" like those charged by iTrade & HLeB Note - not saying the local brokers aren't worthwhile. Just stating for the extra initial hassle AND new funding, TDAmeritrade Asia may be more worthwhile depending on one's usage. I have accounts in all 3 brokerages Note 2 - i opened my a/c online + email only, then funded via MY bank transfer to TDAmeritrade US. Note 3 - TDAmeritrade Asia's heldesk is very patient & clear on "how to" for me - and i tend to ask lots of Qs before executing, to make sure things go smoothly This post has been edited by wongmunkeong: Sep 13 2016, 04:28 PM |
|
|
Sep 13 2016, 09:57 PM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
9,616 posts Joined: Dec 2013 |
No, you can't.
|
|
|
Sep 13 2016, 10:54 PM
Show posts by this member only | IPv6 | Post
#11
|
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]()
All Stars
21,457 posts Joined: Jul 2012 |
ETF is the benchmark and charges is lower than mutual funds, local funds manager is unlikely to introduce soon. |
|
|
Sep 14 2016, 02:23 AM
|
![]() ![]()
Junior Member
170 posts Joined: Jun 2015 |
Why pay extra fees for an index fund?
Invest straight into the index, S&P, Dow, etc through your broker. It's proven that the index has beaten most of the hedge funds in returns. |
|
|
Sep 14 2016, 07:04 AM
|
![]() ![]() ![]() ![]() ![]()
Senior Member
954 posts Joined: Dec 2006 |
QUOTE(T231H @ Sep 13 2016, 12:34 PM) saw this in the star paper few days back.... If I'm not mistaken, the Malaysian market based ETFs have extremely low volumes. Took a look a few months back and didn't like it.Sunday, 11 September 2016 Investing in ETFs in Malaysia http://www.thestar.com.my/business/busines...fs-in-malaysia/ |
|
|
|
|
|
Sep 14 2016, 07:42 AM
Show posts by this member only | IPv6 | Post
#14
|
![]() ![]()
Junior Member
112 posts Joined: Sep 2016 |
|
|
|
Sep 14 2016, 07:46 AM
Show posts by this member only | IPv6 | Post
#15
|
![]() ![]()
Junior Member
112 posts Joined: Sep 2016 |
QUOTE(Hapeng @ Sep 13 2016, 01:19 PM) There are no local index funds worth investing in in Malaysia. I'd suggest getting a foreign broking account and investing in the US ones. yea, im not investing in msia index fund or whatnot, my main aim is the US, im becoming a passive investor first while i learn the other investmentsThis post has been edited by mapeyeo1: Sep 14 2016, 07:47 AM |
|
|
Sep 14 2016, 07:49 AM
Show posts by this member only | IPv6 | Post
#16
|
![]() ![]()
Junior Member
112 posts Joined: Sep 2016 |
QUOTE(wongmunkeong @ Sep 13 2016, 04:28 PM) IF U want to go an extra step: what did u invest in? index fund or ETF?Open an a/c with TDAmeritrade Asia (located in SG) and it is very cost effective - even the dividends aren't charged the "handling fees" like those charged by iTrade & HLeB Note - not saying the local brokers aren't worthwhile. Just stating for the extra initial hassle AND new funding, TDAmeritrade Asia may be more worthwhile depending on one's usage. I have accounts in all 3 brokerages Note 2 - i opened my a/c online + email only, then funded via MY bank transfer to TDAmeritrade US. Note 3 - TDAmeritrade Asia's heldesk is very patient & clear on "how to" for me - and i tend to ask lots of Qs before executing, to make sure things go smoothly |
|
|
Sep 14 2016, 07:52 AM
Show posts by this member only | IPv6 | Post
#17
|
![]() ![]()
Junior Member
112 posts Joined: Sep 2016 |
QUOTE(troller2 @ Sep 14 2016, 02:23 AM) Why pay extra fees for an index fund? but if i invest straight into the index, will i have the diversification level as what the index fund provides? and do i need to rebalance my portfolio itself?Invest straight into the index, S&P, Dow, etc through your broker. It's proven that the index has beaten most of the hedge funds in returns. yea i know index has beaten most of the hedge funds and mutual funds most of the time after comparing costs, thats why im into passive investing first |
|
|
Sep 14 2016, 08:44 AM
|
|
Elite
5,608 posts Joined: May 2011 From: Here, There, Everywhere |
QUOTE(mapeyeo1 @ Sep 14 2016, 07:49 AM) U are looking to do passive indexed investing and U are asking such a Q?Does it matter ETF or Mutual Funds? U do know Vanguard has BOTH types right? U do know Vanguard is one of the largest provider of indexer funds (mutual funds & ETFs) and is generally the lowest cost provider right? Does it affect your investing methodology if i bought either or none? hm... reason of question is fuzzy, thus bestEST answer is still useless This post has been edited by wongmunkeong: Sep 14 2016, 09:01 AM |
|
|
Sep 14 2016, 11:13 AM
|
![]() ![]() ![]() ![]() ![]() ![]() ![]()
Senior Member
5,469 posts Joined: Jun 2008 |
unless they have office here, else it might be very expensive to invest in overseas fund or stock market.... i was stupid enuff to believe to my friend to invest in aus shares with small amount like RM3k but the fee itself is killing me.... RM300 for the fees, meaning i can only break even when the share rise 20%! so please take note of this TS, unless you have huge fund... else the min charge will eat into your profit.
|
|
|
Sep 14 2016, 04:43 PM
|
![]() ![]()
Junior Member
170 posts Joined: Jun 2015 |
QUOTE(mapeyeo1 @ Sep 14 2016, 07:52 AM) but if i invest straight into the index, will i have the diversification level as what the index fund provides? and do i need to rebalance my portfolio itself? An index is already a diversification in itself because it consists of many stocks. yea i know index has beaten most of the hedge funds and mutual funds most of the time after comparing costs, thats why im into passive investing first You have to diversify yourself into other indices/bonds/ETFs, etc. Especially the emerging markets, very good return. The only thing you need to fear is when the market crashes. Sometimes it takes a long time for the market to recover. It's good if you have a stoploss. On where, when and how to place it is a little bit complicated. |
| Change to: | 0.0258sec
1.15
6 queries
GZIP Disabled
Time is now: 18th December 2025 - 07:08 PM |