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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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Ramjade
post Jul 22 2019, 11:01 PM

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QUOTE(alexkos @ Jul 22 2019, 11:00 PM)
Yes.
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Nice. rclxms.gif rclxms.gif How? Open 2 IB account?
TSalexkos
post Jul 22 2019, 11:02 PM

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Captrader memang IB powered.
Tradestation also.

So transfer je. Now my captrader zero balance d.
Ramjade
post Jul 22 2019, 11:03 PM

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QUOTE(alexkos @ Jul 22 2019, 11:02 PM)
Captrader memang IB powered.
Tradestation also.

So transfer je. Now my captrader zero balance d.
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So need to open 2 account? One with captrader one with tradestation right?
TSalexkos
post Jul 22 2019, 11:23 PM

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QUOTE(Ramjade @ Jul 22 2019, 11:03 PM)
So need to open 2 account? One with captrader one with tradestation right?
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Yes.... Once online, IB platform will recognize that and will allow internal transfer.
Ramjade
post Jul 22 2019, 11:24 PM

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QUOTE(alexkos @ Jul 22 2019, 11:23 PM)
Yes.... Once online, IB platform will recognize that and will allow internal transfer.
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Nice. Next goal pure IB rclxms.gif rclxms.gif
-CoupeFanatic-
post Jul 23 2019, 10:53 AM

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waiting to accumulate as much as possible to dump into index funds when there is a discount smile.gif
TSalexkos
post Jul 23 2019, 07:39 PM

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not just position, fund also can internal transfer cool2.gif


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tadashi987
post Jul 23 2019, 09:42 PM

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QUOTE(-CoupeFanatic- @ Jul 23 2019, 10:53 AM)
waiting to accumulate as much as possible to dump into index funds when there is a discount smile.gif
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accumulate through where? saving account? biggrin.gif
-CoupeFanatic-
post Jul 24 2019, 09:29 AM

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QUOTE(tadashi987 @ Jul 23 2019, 09:42 PM)
accumulate through where? saving account?  biggrin.gif
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no la, accumulate through StashAway. I'll move my funds out after hitting my target as 0.8% fee for the first RM30k is quite expensive in my opinion. Idk why we don't have vanguard/fidelity equivalent products that is tracking the malaysian market with low expense ratio.

Need to go through all these steps just to get properly invested with low fees.
TSalexkos
post Jul 24 2019, 10:08 AM

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QUOTE(-CoupeFanatic- @ Jul 24 2019, 09:29 AM)
no la, accumulate through StashAway. I'll move my funds out after hitting my target as 0.8% fee for the first RM30k is quite expensive in my opinion. Idk why we don't have vanguard/fidelity equivalent products that is tracking the malaysian market with low expense ratio.

Need to go through all these steps just to get properly invested with low fees.
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Hehe... Found another water fish....

I got fren say 1% is too small for them.... I terus diam.
TSalexkos
post Jul 24 2019, 10:09 AM

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If Malaysian market, klci30... But 30 stock only... Heavily financial sector also, I no like.
-CoupeFanatic-
post Jul 24 2019, 12:20 PM

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Sifu Alexkos, how about buying other funds like VTSAX, which is even more diversified than the S&P500. is it harder for us to buy funds like that?
TSalexkos
post Jul 24 2019, 12:22 PM

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QUOTE(-CoupeFanatic- @ Jul 24 2019, 12:20 PM)
Sifu Alexkos, how about buying other funds like VTSAX, which is even more diversified than the S&P500. is it harder for us to buy funds like that?
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Yes approve. As long as diversify >500 stocks, no problem.
TSalexkos
post Jul 24 2019, 05:55 PM

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kantoi after 24 days instarem surrender and refund my money.

Semua salah Trump!
TSalexkos
post Jul 24 2019, 05:56 PM

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double post

This post has been edited by alexkos: Jul 24 2019, 05:56 PM
roarus
post Jul 24 2019, 10:39 PM

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QUOTE(-CoupeFanatic- @ Jul 24 2019, 12:20 PM)
Sifu Alexkos, how about buying other funds like VTSAX, which is even more diversified than the S&P500. is it harder for us to buy funds like that?
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VTSAX is the mutual fund equivalent of VTI etf. VTI in turn has VOO (S&P 500) + whole bunch of small caps. All are heavily taxed since US domiciled. Both VTI and VOO has pretty much mirror like correlation and only few ticks apart.

Consider instead VUSD the Irish cousin of VOO with discounted tax rate. Or cast a crazy wide net and cover the whole world, both developed and emerging market with VWRD.
-CoupeFanatic-
post Jul 25 2019, 10:25 AM

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QUOTE(roarus @ Jul 24 2019, 10:39 PM)
VTSAX is the mutual fund equivalent of VTI etf. VTI in turn has VOO (S&P 500) + whole bunch of small caps. All are heavily taxed since US domiciled. Both VTI and VOO has pretty much mirror like correlation and only few ticks apart.

Consider instead VUSD the Irish cousin of VOO with discounted tax rate. Or cast a crazy wide net and cover the whole world, both developed and emerging market with VWRD.
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Thank you notworthy.gif notworthy.gif

VUSD is probably what i am looking for here. forgot about the 30% withholding tax by us domiciled funds.
-CoupeFanatic-
post Jul 25 2019, 10:26 AM

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On another note, seedly also posted a guide on how to invest in irish domiciled s&p500

https://blog.seedly.sg/how-to-invest-in-ire...led-sp500-etfs/
TSalexkos
post Jul 26 2019, 09:58 AM

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so now ayam got tradestation funding liao.... TS say i should use their platform to trade....

but can i continue to trade with IBKR? easier life for me. will kena charge more?
TSalexkos
post Jul 26 2019, 10:24 AM

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initiated order to purchase CSP1 with GBP....hehe....

normally after i buy the market will drop.

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