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 [DIY] S&P 500 Index w/ 0.07% Annual Fee, Buy the best companies in the world

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Chounz
post Nov 11 2019, 03:23 PM

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QUOTE(roarus @ Nov 11 2019, 10:12 AM)
VUSA by Vanguard is traded in GBP. Any one by iShares/SPDR/Vanguard domiciled in Ireland that rocks your boat is fine
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Last time GBP value is low, should buy more eh...
now currency also earn ady
Chounz
post Nov 11 2019, 03:30 PM

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QUOTE(roarus @ Nov 11 2019, 03:26 PM)
You get more GBP from MYR, but the fund will be priced higher due to weaker GBP compared to EUR and USD
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i see, so there is no different also, since ultimately still based on S&500 value in USD?

Btw, do you know any capital gain tax for UK?
May consider to buy VUSA, since IB can accept GBP straight, save USD2 for convert SGD to USD
Chounz
post Jan 2 2020, 10:50 AM

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QUOTE(alexkos @ Dec 13 2019, 09:55 PM)
Tradestation global rm7k hoot cspx cheapest
But if got larger fund... 18k captrader hoot sxr8 cheapest
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hi hi, can explain further how to compute this?
Im thinking to hoot sxr8 with tradestation global...
based on the fee structure i got from trade station global is min eur 1.75, max 0.12%.

assuming sxr8 price now is eur 288, and i hoot 6 units
commission fee is EUR 288 x 6 x 0.12%= EUR 2, is it compute this way?
Chounz
post Jan 2 2020, 02:00 PM

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QUOTE(alexkos @ Jan 2 2020, 11:16 AM)
why u so panlai  biggrin.gif

yes, drive the commission cost as low as possible for maximum saving. However, you can also split them if you are okay with paying 0.2% 0.3% commission (i'm not ok)

semua mali ong 2020 huat ar~
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hahaha, if money not enough 0.2% or 0.3% also okay la~
i see, thinking too hoot some this round, since can straight EUR to tradestation...

if hoot cspx is in USD, need extra USD2 to convert fund..
Chounz
post Feb 5 2020, 03:03 PM

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QUOTE(dwRK @ Feb 5 2020, 08:07 AM)
give middle finger to coronavirus...
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aiya, good timing to top up ma....

Chounz
post Mar 6 2020, 11:48 AM

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QUOTE(roarus @ Mar 6 2020, 11:35 AM)
Not in specific S&P sector, but I have small holding in a disruptive theme ETF. Ballooned a little when Tesla skyrocketed.

Interestingly it pays out dividend as "short term capital gain" which is tax exempt.
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ya wei, i also quite interested
might to share
Chounz
post Jun 10 2020, 11:42 AM

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QUOTE(roarus @ Jun 4 2020, 08:11 PM)
https://www.investorschronicle.co.uk/managi...oker-goes-bust/

Should be covered in the above link for TSG covered by UK finance authority, if you have more than GBP85k/USD100k in total asset better transfer to Interactive Brokers LLC (US) for the higher SIPC (securities) & FDIC (cash) + Lloyd's insurance coverage. You also benefit from them sweeping cash more than USD250k around several banks.
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Would like to understand the protection as well.

Since TSG is actually using Interactive Broker, shouldn't the protection apply to both TSG and Interactive Broker? why need transfer to IB directly?

Can't really read the complete article in the link provided as the website need to subscribe.
Chounz
post Jun 10 2020, 12:10 PM

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QUOTE(dwRK @ Jun 10 2020, 12:03 PM)
tsg is UK company so $ is covered under UK law...does not matter where tsg holds your $

rourus meant to transfer "account" over to ibkr...ie, open new account with ibkr US...so that your $ is covered under US law
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but actually TSG don't really provide the trading service and holding cash right? Even when we deposit money, buy share all also done in IB account and platform.

So not really sure on the protection should be cover TSG or IB?
Chounz
post Jun 10 2020, 02:00 PM

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QUOTE(alexkos @ Jun 10 2020, 01:34 PM)
If Ayam understand correctly, money is parked at IBKR...

Tsg referral market je. Earn commission.
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hahaa, that's my understanding as well....
i always thought as long IB is protected then should be fine...
Chounz
post Jun 10 2020, 05:16 PM

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QUOTE(Ramjade @ May 16 2020, 12:28 AM)
You can choose stock or etf. Up to you.

Of course custodian. You can forget about under own name unless you open a local brokerage in that country (fly there, open account/email and see if they accept you)
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interactive broker consider under own name right?
get to vote in AGM, annual report and etc.
Chounz
post Jun 11 2020, 12:09 PM

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QUOTE(tadashi987 @ Jun 10 2020, 11:56 PM)
curious to know, do we receive any email or acknowledgement from TSG when the dividend amount is debited into our TSG account?
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based on my experience no....
will direct debit in to your acc, or you can extract statement from IB portal
Chounz
post Sep 7 2020, 07:41 PM

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QUOTE(kpc2020 @ Aug 24 2020, 10:47 AM)
Hi all, did you hear from Instarem that they stopped sending money to Europe for the time being (until further notice)?

I initiated a transfer through Instarem in Euros for IB on 5th Aug 2020. I received e-mail "Transaction Paid" from Instarem on the 7th Aug and I assumed that the money was already in my IB account. Only until recently that I realised that the money did not go into my IB account and then checked that my Instarem portal has the status "returned", although I did not receive any money back yet. Now they're asking me for the bank in slip before they further process my return.

Are there any other affordable options to transfer money to IB Europe (I registered through Tradestation Global)? I do not have Singaporean bank account.
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i been using instarem to send EUR to my IB account.
So far no problem.

 

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