IBKR very big correct? Show us they big until can go that low lor. Or maybe a new broker come and challenge the norm

Whenever I read posts like that reminds me of Arthur Anderson, Lehman Brothers and so many other big reputable companies fall from grace of previous years. But I guess every investor is entitled to their own opinion. I am still waiting for new broker to upset the norm (as in give me 35 cents or below fee for trading in Asian market stock exchanges) hope can see before I pass away

Not trying to discredit IBKR here but seriously almost 50 years track record is nothing. Lehman Brothers began in the mid-19th century – 1844 and that is how many years history? The firm of Arthur Andersen was founded in 1913 by Arthur Andersen and Clarence DeLany as Andersen, DeLany & Co and that is how many years history? So track record although mean something say nothing when it fall it fall.

To share just got my first HKEX ETF dividend via FSM Spore ETF RSP. It has no tax just like S-Reit stocks. But unlike UT where one can choose to take or reinvest dividend there is no such option. Second the dividend will be in HKD and no auto conversion into your country currency. If you want need to manually convert using FSM currency converter subject to the rate that time.

Now in FSM I have two other currencies besides own SGD. CNH for China UT dividend and HKD for HKEX ETF dividend. The ETF I have is ChinaAMC HK banks (3143) which explain why got dividends. Most other HKEX ETF don't have dividend.

China stocks,ETF,UT are severely beaten at this point in time and most investors have stop DCA or going in so a little dividends during this waiting period give some warm feeling.

I hope FSM Msia to come out the ETF RSP soon just like FSM Spore. There is a demand definitely else the 0% FSM processing fee would not have extended one more year. Most investors are after SGX HKEX ETF. US ETF few takers since cheaper alternative is out there unless one prefer local broker over overseas broker.

So far there is 3 I know of
1. NikkoAM-StraitsTrading Asia ex Japan REIT ETF SGX CFA
2. CSOP iEdge S-REIT Leaders Index ETF SGX SRT
3. UOB APAC Green REIT ETF SGD Class Units SGX GRN

All three is inside FSM ETF RSP. I think there maybe some overlap in the stocks. 1 has the longest history and 2,3 are pretty new. Between 2 and 3 I pick 2 reason I don't believe in all these new trend green esg etc. Such mandate actually limit to what kind of stocks can be inside the ETF. What if a good performing make monies stock say tobacco maker for e.g becuz not green so cannot be included ? Monies talk loudest IMHO.

Conclusion I would choose 1,2 or take both. I already have a monthly pay dividend Asia Pacific REIT UT so never go for the SGX REIT ETF which pays quarterly too long wait for me.

This is for FSM Spore not sure FSM Msia is carrying the same fund Manulife Global Fund - Asia Pacific REIT S (G) MDIST SGD-H

Half a year one time wow wait until flower wilt already think better go for the SGX REIT ETF that is quarterly I think

Typically those statements come from individual stock or ETF supporters as ETF usually no dividend especially for US ETF. I in UT 22+ years that statement is not 100% true. For mediocre UT fund managers yes as I kena before before I switch sell and buy into other funds. I always believe there are always exceptions and not 100% blanket statement it is true or false

In theory for UT that pay dividends fund managers supposed to invest some in dividend paying stock or some bond paying so then can use those to give dividends to UT holders. But some ppl say due to shareholders expected mandatory payout some fund managers feel pressured to sell holdings to get the monies to pay the dividends out. Those holdings monies come from shareholders monies so it is like use holders monies pay back holders

If you think it is then it is as it is your own monies. For me been getting dividends from UT for 22 years and so far NAV has risen much above my average buy in price. Now treading into ETF arena which focus very little on dividend but more on capital gain which is ok as I like investment instruments diversification

With the Ukraine Russia war not stopping any soon, it will rise further but you sell all or partial? If sell all then need wait for drop to buy in? Or to you this is one off make monies? Not only resources, all commodities, energy, oil etc related are green color and that includes ETF also in those theme. US,Asia tech is suffering at the moment up and down roller coaster ride. If still want US stock best to focus on value stock over growth stock as discussed in latest FSM Spore article. And healthcare, infra, utilities also doing ok only tech stock dunno kena jinx or what cannot make it currently.

Thanks for sharing so it is indeed one off thing to make monies. Becuz most ppl if going long will not sell all, they sell partial and monitor see how etc. Just like ppl open new account with new brokers just to get the freebies then sell earn monies exit and leave the account dormant. I guess companies when dish out such freebies expected ppl to earn and run but as long as say out of 100 new customer got some stay on their campaign objective is achieved. Congrats to your 10% profit monies in a month.

When you decide to invest that time you are aware of the risk involved correct? Individual stock has high chance not get back. UT and ETF which is a basket of stocks should in theory get back some maybe not all. Selling now is locking your losses so you need make the decision.

That is why some investors propose invest in different asset classes like some in UT some in ETF some in REIT stock some in stock some in Gold some in endowment insurance etc

I agree with your point 1,2 but for 3 I notice not really true. Index tracking mutual fund/ETF suffer from the mechanism they buy stocks that is in the index and weightage accordingly. What if all or majority of the stocks in the index fare badly (nowadays passive ETF is also red red), it will be reflected in the index tracking mutual fund/ETF price as well. How often are stocks determined to be put inside or outside of the index? If it is slow reaction then being passive investing also incur loss.

You are correct. But key is always what is interpreted as a good timing of entry? If everyone know in advance it will be so wonderful. That is why ppl say anytime is a good time. I would change it slightly in a bull market what you lump sum in quite confident go even higher. In a bear market has to be extra careful, lump sum is dangerous maybe consider small amount slowly go in. The other extreme would be sit out of the market and wait for it to turn to bull. My next question would be during sitting out you will go back to safer instruments like FD correct? Take note sometimes the rebound is super quick.

Finally FSM Msia launch their ETF RSP which is quite a hit with FSM Spore. But take note the pro and con which I share before. Unless FSM Msia do it differently.

https://forum.lowyat.net/topic/3757612/+840
Post #858

I am the poster as I am Sporean. However the actual rules maybe different from FSM Msia so just read for reference. For US exchange I think go via IBKR is cheaper but I know some ppl prefer own country local broker to look after their shares holding don't mind pay more.

Very similar to FSM Spore but I notice the difference below

1. No SGX ETF RSP
2. The RSP frequency is Monthly, Bi-weekly, and Weekly. Weekly & Bi-weekly – Every Wednesday, 3pm <- there is bi-weekly and weekly option

For selling of ETF fractional shares via this program there is no fee structure table provided?

RSP means every X time you will buy so minimum cannot be so high. Faq say RM 100 minimum will do.

Question 15 say sell but sell what are the fees not mentioned

It is in question 9 noted.

In my previous thread in FSM Spore I mention US ETF RSP not worth using FSM use IBKR instead. But for HKEX can use as cheapest.

If you got the monies you should buy full share and not via this ETF RSP program