Yes bro. Free je. Kasi hantam dia. Good stuff actually. Fund industries will hate these kind of videos.

............

This post has been edited by moosset: Nov 7 2019, 03:00 PM

Careful bro must post content ya... If not mod cari I for justification I kantoi.

BTW those interested in more global index than sp500 can lookup EIMI... Emerging market exposure.

But TER 0.18% I dun like....

I changed my mind about my post but there's no delete button.

Thanks. I deducted the expense 1st then added the dividend, came to the same conclusion.

On a separate note, I checked the spreads yesterday... sxr8 was 6-8 cents, while voo was 8-10 cents.

So sxr8 it is

This post has been edited by dwRK: Nov 7 2019, 08:51 PM

That's just emerging market. To start off it's probably cheaper to just buy 1 ticker VWRA which is roughly 90:10 developed:emerging and not worry about rebalancing

Yggdrasil

any QQQ denominated in EUR?

VWRA got Ireland domiciled?

You mean the currency or where it's domiciled? Try EQQQ?

Sifus here, want to ask.

In the first post it is mentioned that the most cost effective amount to hoot is 18k, we get the most out of our money.

This means that if I wanted to DCA in the most effective way, I must do it 18k at a time. right?

No lah.

18k myr or 4k euro ... because he wanna minimize brokerage at 0.1% or min 4 euro per order at captrader

At tradestation global min is 1.5 euro I think so you work the maths lor

Buy as your funds permit lah imho. Hoot/dca one a year 18k not necessarily effective if bull run... if bear bear... then different story

Now the min hooting budget is 7k. Can hoot with tradestation global. Cheapest

alright cool

but how do we know if tradestation global is really holding the assets on behalf of us? Or do we just need to take their word for it?

if they gg, our money also gg?

also, is the 7k hoot on tradestation global more cost effective than the 18k hoot on captrader?

This post has been edited by -CoupeFanatic-: Nov 8 2019, 12:47 PM

Take their words

Almost impossible to gg lah...ibkr holding > $150 bil customers assets...its more than 50% of Malaysia gdp... definitely get us gov bailout if happens

No. Captrader 0.1% fee vs 0.12%...but have to hoot 18k lor

Even the ETF domiciled in US also kena tax when US company pay dividend?

My understanding is:
US company pay dividend to US ETF (no tax), but US ETF pay dividend to us (30% WHT)
US company pay dividend to non-US ETF (15% WHT), if non-US ETF pay dividned to us (15% WHT)
US company pay dividend to non-US ETF (15% WHT), if non-US ETF accumulated dividend (no tax)

Any sifus can share a bit?

i think need to see whether they got any protection or not.

Tradestation global using IB and IB is under SIPC (something like PIDM for Malaysia Bank), according to SIPC website the limit of SIPC protection is $500,000, which includes a $250,000 limit for cash and no requirement that a customer reside in or be a citizen of the United States. A non-U.S. citizen with an account at a brokerage firm that is a member of SIPC is treated the same as a resident or citizen of the United States with an account at a SIPC member brokerage firm.

So as long dont invest more than USD500k should be quite safe la

This post has been edited by Chounz: Nov 8 2019, 03:15 PM

I see, thanks thanks. i guess small fry like me just worry too much when though only small amounts of money involved.

Wrong.
US company pay dividend to non-US ETF (15% WHT), if non-US ETF accumulated dividend (15% tax already included into price)
- cannot run away unless you are US citizen. Then you kena capital gain tax

If you worry go study their finances. When they have no debt what is there to worry. They are publicly listed

It is Irish, the distributing version is VWRD

I may not be 100% accurate, but I like to see it this way for Malaysian tax resident:
US stock pay dividend US ETF, fund manager handles 0% WHT and pays out dividends -> broker withholds 30% tax -> investor
US stock pay dividend Irish ETF, fund manager handles 15% WHT and pays out dividends -> broker withholds 0% -> investor
US stock pay dividend Irish ETF, fund manager handles 15% WHT and reinvests

PIDM equivalent is FDIC
SIPC is protection for securities

One thing to note when you're signing up for TradeStation Global is that it is an introducting broker for Interactive Brokers UK Ltd, not Interactive Brokers LLC (US). Thus, I'll assume only UK FCA's FSCS protection.

You can technically get more than $500k protection. Once your account reaches USD$100,000 you may transfer to Interactive Brokers LLC. You get:
- FDIC for cash (any currency)
- Excess cash protection with sweep account feature (distributes your cash across multiple banks)
- SPIC for securities
- Excess securities protection insured by Lloyd's
- Of course, cheaper trade commissions

Boss... any high income type products to recommend... ?

I was just checking ibkr margin financing, for EUR rate is say 1.5%, so if you get 3% interest / dividend... basically gaji buta1.5% right, ignore wht and price fluctuations for simplicity.

USD lending rate is say 3%... so if I need USD, best to first short EUR.USD, essentially borrowing EUR at 1.5% to sell for USD.

This post has been edited by dwRK: Nov 9 2019, 01:03 PM