[DIY] S&P 500 Index w/ 0.07% Annual Fee, Buy the best companies in the world
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 Nov 10 2019, 08:27 PM
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Senior Member
1,917 posts Joined: Sep 2012 
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QUOTE(roarus @ Nov 10 2019, 08:23 PM) And you're holding EUR because you're retiring there/have kids planning to study there/foreseeable trip to EU? no.... simply because it allows us to buy Irish-domiciled ETF.  and transferring money into EUR is easier than USD for IBKR. |
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Nov 10 2019, 08:43 PM
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Senior Member
1,042 posts Joined: Jan 2003
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QUOTE(moosset @ Nov 10 2019, 08:27 PM) no.... simply because it allows us to buy Irish-domiciled ETF. Yup that's fine, transfer whichever is more convenient/economical - there's shouldn't be real diff whether you hold EUR/GBP/USD denominated funds as the underlying is the same.and transferring money into EUR is easier than USD for IBKR. |
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Nov 11 2019, 05:23 AM
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Senior Member
1,917 posts Joined: Sep 2012
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VUSA has much higher trading volume according to Bloomberg, compared to SXR8. Is VUSA not preferable then?
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Nov 11 2019, 10:12 AM
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Senior Member
1,042 posts Joined: Jan 2003
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QUOTE(moosset @ Nov 11 2019, 05:23 AM) VUSA has much higher trading volume according to Bloomberg, compared to SXR8. Is VUSA not preferable then? 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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Nov 11 2019, 03:22 PM
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Junior Member
97 posts Joined: Mar 2011
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QUOTE(Ramjade @ Nov 9 2019, 12:24 AM) Wrong. Yaya, like i mentioned in my post.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  I know anyhow will kena WHT (either at ETF level or investor level). But i want to avoid kena twice only. i.e. if non-US ETF declare dividend, i will be kena twice right? Based on my research capital gain in Irish shares by non-Irish resident is not taxable right? |
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Nov 11 2019, 03:23 PM
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Junior Member
97 posts Joined: Mar 2011
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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 Last time GBP value is low, should buy more eh...now currency also earn ady |
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Nov 11 2019, 03:26 PM
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Senior Member
1,042 posts Joined: Jan 2003
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QUOTE(Chounz @ Nov 11 2019, 03:23 PM) Last time GBP value is low, should buy more eh... You get more GBP from MYR, but the fund will be priced higher due to weaker GBP compared to EUR and USDnow currency also earn ady |
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Nov 11 2019, 03:30 PM
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Junior Member
97 posts Joined: Mar 2011
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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 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 |
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Nov 11 2019, 03:38 PM
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Senior Member
1,042 posts Joined: Jan 2003
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QUOTE(Chounz @ Nov 11 2019, 03:30 PM) i see, so there is no different also, since ultimately still based on S&500 value in USD? For VUSA, no capital gain tax for Malaysian tax resident (with no other tax residency)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 |
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Nov 12 2019, 07:08 AM
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Senior Member
1,917 posts Joined: Sep 2012
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anyone using TSG?
If you buy USD-denominated ETF in LSE, how do they charge you? Is it in GBP or USD? |
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Nov 12 2019, 11:20 AM
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Senior Member
1,042 posts Joined: Jan 2003
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QUOTE(moosset @ Nov 12 2019, 07:08 AM) anyone using TSG? USD, for the amount equivalent to GBP1.50 (min) or 0.12% of traded value whichever higher.If you buy USD-denominated ETF in LSE, how do they charge you? Is it in GBP or USD? Typically GBP1.50 translates to USD1.90 - 1.95 |
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Nov 12 2019, 11:43 AM
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Senior Member
1,917 posts Joined: Sep 2012
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QUOTE(roarus @ Nov 12 2019, 11:20 AM) USD, for the amount equivalent to GBP1.50 (min) or 0.12% of traded value whichever higher. so it costs 1USD extra to invest in Irish domiciled ETF, as opposed to US domiciled. So 12 months would be 12 USD extra per ETF. Typically GBP1.50 translates to USD1.90 - 1.95  |
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Nov 12 2019, 11:54 AM
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Senior Member
1,042 posts Joined: Jan 2003
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QUOTE(moosset @ Nov 12 2019, 11:43 AM) so it costs 1USD extra to invest in Irish domiciled ETF, as opposed to US domiciled. So 12 months would be 12 USD extra per ETF. You can lump it into 3-4 months if your investment amount is small |
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Nov 13 2019, 12:27 AM
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Senior Member
1,917 posts Joined: Sep 2012
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is there any other fees involved? Like exchange fees, clearing fees, VAT etc?
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Nov 13 2019, 12:46 AM
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All Stars
24,334 posts Joined: Feb 2011 
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QUOTE(moosset @ Nov 13 2019, 12:27 AM) is there any other fees involved? Like exchange fees, clearing fees, VAT etc? Exchange fees, clearing fees all practically negligible amount to few cents. As long as is listed you have to pay the exchange the fees no matter what counter you are buying. There's no running away from clearing fees impose by the exchange.This post has been edited by Ramjade: Nov 13 2019, 12:48 AM |
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Nov 13 2019, 05:27 AM
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Senior Member
6,230 posts Joined: Jun 2006
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QUOTE(moosset @ Nov 12 2019, 11:43 AM) so it costs 1USD extra to invest in Irish domiciled ETF, as opposed to US domiciled. So 12 months would be 12 USD extra per ETF. That would be 12 USD extra for 12 ETF...not per ETFFixed the logic for you...  Also...where you get $1 extra? This post has been edited by dwRK: Nov 13 2019, 06:10 AM |
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Nov 13 2019, 06:10 AM
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Senior Member
1,917 posts Joined: Sep 2012
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QUOTE(dwRK @ Nov 13 2019, 05:27 AM) That would be 12 USD extra for 12 ETF...not per ETF DCA in 12 months for 1 ETF = 12 USD. No? Because extra 1 USD per trade. Fixed the logic for you...  |
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Nov 13 2019, 06:13 AM
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Senior Member
6,230 posts Joined: Jun 2006
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QUOTE(moosset @ Nov 13 2019, 06:10 AM) DCA in 12 months for 1 ETF = 12 USD. No? Because extra 1 USD per trade. DCA 12 times you would have bought 12 ETFs, no....so average is still $1 extra per ETF... just that you've paid $12 extra...  This is always the case buying in small quantities...that's why TS says hoot maximum per the minimum commission...lol This post has been edited by dwRK: Nov 13 2019, 06:27 AM |
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Nov 13 2019, 06:58 AM
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Senior Member
1,917 posts Joined: Sep 2012
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US has no exchange fees? how come?
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Nov 13 2019, 07:29 AM
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Senior Member
6,230 posts Joined: Jun 2006
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QUOTE(moosset @ Nov 13 2019, 06:58 AM) US has no exchange fees? how come? No commission only... latest US broker war offers...Still have to pay exchange fees |
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