1. Yes. For now. Who knows what will happen in the future. Its always about the price you sell, not you buy.
2. No. Am tempted.
3. FSM, Stashaway, us brokerage, CIMB Itrade?

I thought it was obvious. They are all doing OK now.

As long as you stay invested you are fine. 20 to 40% drop is a black Swan and that is the time to invest more. Not fear.

I had 6 digits in equity before covid struck. Equivalent to 80% of my spare cash. Did not really do anything drastic. I did "rebalanced" here and there of mutual funds. And I did also top up stashaway with most of the moratorium monies hehe. Some went to fundsupermart funds. And I think it only generally recovered in September 2020 for me because I couldn't manuever away my stocks. So maybe a 6 month stretch for me.

I should have picked stocks but instead I just kept dca of mutual funds and index etfs. That would've brought me double instead of perhaps now, about 20% roi compared to pre covid. Which is ok for me.

Us household stimulus OKed.

Buying etf from ibkr will not be subject to sales charge. Annual fees are calculated into the NAV of the funds all the time. So regardless how you are already paying it. Apparently Nikko has distributorship in Asia, it was mentioned they are perhaps not paying annual fees as retail but you are still subject to fees via Affin.

End of the day I think the 0.8% retail direct is most economical for small retail like us.

They can surely go low, but retail walk in price should always be more expensive than through authorized distributor, for the value added.

if Tongsan drown, whole world will drown. And US will come offer some freedom. Won't happen. They are even more financially prudent than Uncle Sam. They see bubble quickly pop it. Cool down and start again.

I only can't take it when they devalue their Yuan, and steal IP. Others they are doing ok.

This post has been edited by lee82gx: Mar 8 2021, 02:43 PM

This may sound cliche during the bad times, but it can't be truer.

Right now is just a simple speed bump in March. Time for those who want to get down the bus (but need to pay the bus driver / bus fare regardless) or if you want to stay please fasten your seat belt and enjoy the ride.

My best advise is close your app, or browser, spend some time with your kids and family.

And speaking to a few of my guru frens (not that they are always right) the time to be greedy if you still have bullet is not yet now. Maybe another 10% down.

Oh, that one was for those out of bullets...lol...

For those into Arkk (myself included). It won't return another 100% this year. There, I said it. Otherwise its a ponzi scheme.

Hahaha. But it doesn't mean it won't outperform nasdaq this year. There is a fair chance this will happen.

well, the show was ON for a brief moment. It will not matter for feeder funds, it doesnt even matter to ARKK holders now.

Fsm or eunittrust or Philip mutual is the place for low sales charge. If you go direct ie retail they will assign you an agent to take care of you, drive car to meet you and bring paper forms for you to sign. All this requires money and salary. They will also give you advise from time to time, some which may be good, some which may be weirdly bad.

If you do the online way of diy, you bypass that and you save. It’s around <2% one off diy, vs up to 5.5% retail one off.

Every year the fund manager needs his salary too, so they charge you around 1 to 2% management fee. This includes trustee fee which is an independent auditor service kind of thing, to make sure your shares are there. This one can’t be saved.

Fsm yes has option to buy from many fund houses at the same time. It also allows you to more easily switch from one fund to another (fees apply). Fsm is the most expensive one but they are the fanciest, most responsive and most user friendly.

I also have not received mine.

Aye

Received today. China still tanking. Damn.....This really does amplify the message that if there is anything to brag it'll usually be from your heroic actions 2 years ago not 2 months or 2 weeks ago.

Is their fees competitive? I think all in more expensive than itrade or m+

hmm, after 2nd calculation yes for small trader like me (<3k per trade, just buy and hold) looks cheaper than Itrade. Now the hassle of merging and transferring.

dont sweat the small change (my sifu said) lol. Unless you accidentally keyed in 100 lots

this thread will never be the same again.