honesty Dca dont work unless you know the long term direction of the market or instrument. most superperformace or return eg 100 200 or 500% return come from concentrated portfolio

dont think anyone could possibly answer this, we ain't have crystal ball here 

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.

Just decided to hoot €500 into the S&P500. Hope it all goes well with the prices tanking now. Will probably hoot again next month

What 4% tho? I'm using another broker. Not TradeStation kek

Trading212

Hi all,

Newbie here. I have searched endlessly but could not found the answer I want. One question for fellow Sifus,

- SXR8 and CSPX, what the heck are the differences between both? Are they same same or same same but different?

Please enlighten me, thanks y'all!!!!

If you are planning on doing index, buy the best. ARKK/W with CXSE.

much genger

It's actively manage, expense ratio much higher, might not go well with your philosophy

https://www.bloomberg.com/quote/ARKK:US
https://www.bloomberg.com/quote/ARKW:US

I see, can you ELI5 how that saves me more money? And also one more question, why is it recommended to transfer 7-8k one shot instead of lower amounts for the first go?

You mean just deposit rm50 first and then top up later? But your first post recommend to top up 7-8k eh boss

I see. Sorry I don’t really understand. I just checked the share price it’s 341 usd per share. How about depositing 2k rm first go?

Don't bother about investing until you can get min RM8k. You want to minimize your commission.

No cause I have not figure out how to withdraw money from trading212 without incurring expensive bank fees = less money coming back to me.

Bigpay

Yes not bad. Usually cheaper than instarem. Downside is RM10k.