[DIY] S&P 500 Index w/ 0.07% Annual Fee, Buy the best companies in the world
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 May 13 2019, 10:09 AM
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#61
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2,275 posts Joined: Jun 2010 
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QUOTE(ChAOoz @ May 12 2019, 11:23 PM) Nice. Indexing the simple path to wealth - JL Collins. Hehe... Found another convert. To become a member, you're required to disclose your asset allocation and fund size (joke).But then we always think we can be Warren buffett  Happy on board. Feel free to contribute. Gula: SPDR new fund on all world index launched Jan 2019. |
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May 13 2019, 10:10 AM
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#62
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Senior Member
2,275 posts Joined: Jun 2010
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Depending on popularity, Alex will be organising a bogleheads Malaysia local chapter.
Casual meet up with like minded ppl who want FiRE and the more the merrier to help stay the course. Fire = financial independent retire early Sui~indicate your interest by replying here. Membership fee : disclose your index fund choice This post has been edited by alexkos: May 13 2019, 10:11 AM |
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May 13 2019, 08:19 PM
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#63
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2,275 posts Joined: Jun 2010
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 stock market these days..... my fren bursa also kena... |
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May 13 2019, 08:19 PM
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#64
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2,275 posts Joined: Jun 2010
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QUOTE(sjteh @ May 13 2019, 10:58 AM) Hi, I am interested in FI as well. hello, give me a bit story for me to elaborate. Are you currently working? |
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May 13 2019, 09:16 PM
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#65
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2,275 posts Joined: Jun 2010
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QUOTE(roarus @ May 13 2019, 09:05 PM) Great - SPDR's SWRD 0.12% Total Expense Ratio vs iShares' IWDA 0.2%. Once the volume and AUM grows (which shouldn't be too long), I'll start collecting unless iShares drop their TER to compete. ya....itu new Spider macam gooding..... now i'm still with SP500, if in out the commission fee quite pain for now.... |
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May 13 2019, 11:13 PM
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#66
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2,275 posts Joined: Jun 2010
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QUOTE(roarus @ May 13 2019, 09:59 PM) You have the option to keep it, and add all world index ETF from now on. Lump both as your global portion, and when it's time to rebalance and sell global because it is over weighted in your portfolio - sell SXR8 first. Make sense. Why u so panlai? Haha |
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May 14 2019, 07:25 PM
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#67
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Senior Member
2,275 posts Joined: Jun 2010
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sp500 gg again
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May 14 2019, 07:26 PM
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#68
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Senior Member
2,275 posts Joined: Jun 2010
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QUOTE(sjteh @ May 14 2019, 01:28 PM) Yea. It's been working for 10yrs and still shifting FI goal post due to family commitment. Hopefully can FI in 5-10yrs time. gooding boss. You are way ahead of me, I should learn from you instead.By the way you talk, I suppose you already know what you need to do. Like budgeting, live below means, indexing etc. |
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May 14 2019, 09:45 PM
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#69
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2,275 posts Joined: Jun 2010
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QUOTE(sjteh @ May 14 2019, 09:42 PM) Have been silent reader in lyn for few years and finally brave enough to put some words in this space. Hehe silent reader... If u avid reader, search up John bogle index investing. See how ppl laugh him. Now he gg d, but his fund is the largest. Many active fund already gg long time ago.Plan and execute the idea is totally 2 different thing. Indexing is new thing to me. Hope it can accelerate and become another source of moolah. |
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May 15 2019, 12:02 AM
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#70
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2,275 posts Joined: Jun 2010
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QUOTE(BetfairTrader @ May 14 2019, 11:40 PM) fun fact Wah.. Follow chart... Sell sell sell~ |
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May 17 2019, 09:11 PM
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#71
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2,275 posts Joined: Jun 2010
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QUOTE(honsiong @ May 17 2019, 09:00 PM) SGX has a SPDR S&P500 fund. No need to go thru that many trouble, but dunno dividends got taxed or not. Sgx trading fee cheap? |
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May 17 2019, 11:23 PM
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#72
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Senior Member
2,275 posts Joined: Jun 2010
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QUOTE(honsiong @ May 17 2019, 09:00 PM) SGX has a SPDR S&P500 fund. No need to go thru that many trouble, but dunno dividends got taxed or not. hmm, my sg fren itu US domiciled. Trump happy eat 30% tax.come follow me SXR8 |
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May 17 2019, 11:53 PM
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#73
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2,275 posts Joined: Jun 2010
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QUOTE(honsiong @ May 17 2019, 11:42 PM) Tak da duit lah bang itu captrader min charge 4 EUR per trade~ so around RM20 also.U buy one share, SXR8 around 250EUR now..... should be less than RM1,500. Then u can cry to the world, u own the best companies in the world  achievement unlocked. annual fee 0.07% only. But if small capital, can do SA first. SA eat 1% rain or shine, so yummy. |
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May 18 2019, 02:12 PM
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#74
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2,275 posts Joined: Jun 2010
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QUOTE(roarus @ May 18 2019, 01:52 PM) I'd say once you hit the RM50,000 mark, it's time to wave goodbye to StashAway and wear the big boy's pants with an international broker. Sui wor... Sg xitibank can open account online?Alternatively via TradeStation, and USD denominated funds: i. FAST to IB's SG Citibank: free - I believe honsiong has access to SG bank account ii. Convert SGD->USD: USD2 min - convert up to ~USD33,333 before paying more iii. 1 share of whichever rocks your boat IWDA/CSPX/VWRD: USD56.33 / USD283.28 / USD84.34 iv. Commission GBP1.5 equivalent in USD (~USD1.95) min, or 0.12% of trade value - buy up to ~USD1625 in value before paying more The above works well for SGD2000 bi-monthly buy in. Bonus: Step 0. MYR->SGD - we all have a few Malaysian relatives and friends working in Singapore that sends money back every month right? Strike up a win-win rate |
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May 18 2019, 02:18 PM
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#75
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Senior Member
2,275 posts Joined: Jun 2010
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Btw... Myr sgd transfer like that... Itu lhdn will come invite me kopi or not?
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May 18 2019, 02:41 PM
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#76
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2,275 posts Joined: Jun 2010
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QUOTE(Ramjade @ May 18 2019, 02:40 PM) It's hard to open SG bank account after 1mdb. Gooding Hehe... Hmm lazy go spore for this one thing... Total cost can't justify yet.... You transfer straight to Captrader you think LHDN won't ajak you out for coffee? As long as you paid your taxes, nothing to worry. But gooding sharing anyway. Ramjade bro what's ur method? |
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May 18 2019, 05:10 PM
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#77
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2,275 posts Joined: Jun 2010
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So need travel Singapore... Ok... See when got time.... Maybank also can ya?
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May 18 2019, 05:50 PM
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#78
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2,275 posts Joined: Jun 2010
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QUOTE(Ramjade @ May 18 2019, 05:25 PM) Read the link I shared. Don't even need to go down. During my time yes need to go down. inikah?macam gooding » Click to show Spoiler - click again to hide... « liao..... a monthly fee of S$2 will be charged if average daily balance falls below S$500 in that month. This post has been edited by alexkos: May 18 2019, 05:58 PM |
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May 18 2019, 06:18 PM
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#79
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2,275 posts Joined: Jun 2010
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updated Q&A to acknowledge comrade @wt_vinci demonstrated money repatriated from Captrader -> TransferWire -> Malaysia Maybank with success
Original post https://forum.lowyat.net/index.php?showtopi...post&p=92533264 |
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May 18 2019, 06:51 PM
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#80
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2,275 posts Joined: Jun 2010
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QUOTE(roarus @ May 18 2019, 01:52 PM) I'd say once you hit the RM50,000 mark, it's time to wave goodbye to StashAway and wear the big boy's pants with an international broker. wah, looks like myr-sg-tradestation path really save a lot wei....Alternatively via TradeStation, and USD denominated funds: i. FAST to IB's SG Citibank: free - I believe honsiong has access to SG bank account ii. Convert SGD->USD: USD2 min - convert up to ~USD33,333 before paying more iii. 1 share of whichever rocks your boat IWDA/CSPX/VWRD: USD56.33 / USD283.28 / USD84.34 iv. Commission GBP1.5 equivalent in USD (~USD1.95) min, or 0.12% of trade value - buy up to ~USD1625 in value before paying more The above works well for SGD2000 bi-monthly buy in. Bonus: Step 0. MYR->SGD - we all have a few Malaysian relatives and friends working in Singapore that sends money back every month right? Strike up a win-win rate forex also save, trading commission also save why alex so bodo? itu sgd->usd follow investment bank kan? must be very cheap ~ 0.1%? and trading commission around 2 USD per trade, made it substantially lower for subsequent recurring investment. So let's say i aim 2k USD per trade, only incur 2 USD min, and that's around <RM8500 for each investment.... gooding wei! huat liao lo, can hantam CSPX = iShares SP500 alex favorite in GBP. i checked tradestation international website....dia cakap... UK stocks = 1.5GBP per trade ...SUI...WIN LIAO..... my sxr8 RM18k kalah liao.... instarem also 0.45%... sian....money eaten ======= but downside of this move is 1) need parking S$500 in maybank SG can't touch, if not kena penalty $2 per month 2) maybank SG opening fee eat RM25 courier 3) maybank SG annual fee how much? since they provide debit card, i think they sure eat annual fee Is it worth it? S$500 = RM1500 non-investible sum.... This post has been edited by alexkos: May 18 2019, 06:59 PM |
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