thanks! Now with improved understanding.

Kindly read first page

oh thx, seems something similar with SPY

Kindly read the first page.

Hi sifu wanna enquire, can I entire rely on the online web client portal to convert SGD > USD, and buy ETF, instead of having to install the TWS?

What are their differences?

Previously only TWS support option for FXCONV, the other 2 platforms defaults to IDEALPRO which creates a virtual position together with your holdings. Things might've change though

Fxconv cheaper ka?

Both same. Just that IDEALPRO creates virtual position e.g. USD.SGD. Personally, I don't like to see that so I use TWS to convert.

Hi sifu sifu kalian. Am looking into a few individual stocks purchase in the US market to hold. Any suggestion which platform should I start off with for the best bang for bucks? =)

not really the correct thread.

read post 1 and

https://forum.lowyat.net/topic/4843925

as well as

https://forum.lowyat.net/topic/3396549

Hehe welcome... Let me hand carry u..

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Choose ikbr. We recommend TradeStation global.

Actually best bang of buck.. Usa broker got free commission also... If you Don mind la...

Yes this thread is sp500 etf

I'm new to foreign ETF. After reading the first post, a question on taxation. If we need to be taxed for 15%, is the investment still worth the hassle? Not too sure how to calculate a more realistic return scanario, that why asking here

whether it worth of not is up to you to define i guess

take a simulation of you having 500k

so 500k * average annual dividend yield of SPY which is 2%, so each year you will get 10k, 15% out of your dividend is 1,500. So this 1,500 is given to tax with no return back.

the thinking is that, in your evaluation, SPY will give you better return so this 1,500 is nothing compared to your return.

so I guess your question can be summarized as:

1) Is there a better investment that giving you a better return compare to ETF (deduct off the 15% from 2% dividend rate)?
2) if yes, then definitely you wouldn't opt for ETF
3) if no, then you mind consider opt for ETF despite there is a little hassle?

well for evaluation of return, I always take past 10 or N years average annual return. Thou past performance shouldn't be used as in indicator for future performance, just a standard disclaimer.

Plan to give it a try because I think in long term it will be worthwhile.
I have been reading this thread but there are too much info. Questions:
1) Instarem transfers to tradestation only accept EUR? Cant fund tradestation account in USD?
2) SXR8 price is quite high and I found this VUAA on London stock exchange, Ireland domiciled, accumulating and it trades in USD. Is SXR8 having more advantage comparing with this?
3) LSE still charge stamp duty for ETF? I checked, they dont charge for ETF starting February 2007:
https://www.lseg.com/areas-expertise/our-ma...d-products/etfs

Thank you if you can enlighten me.

1) as far as i known, correct
2) nope, both track S&P500, worth giving it a shot
3) nope stamp duty dont applied to us.

Hi guys, wanna enquire if I am seeing an ETF which has no accumulating class but only distributing.

1) since everyone is recommending accumulating, any drawback to go for distributing?

I try researched online that for accumulating, it saves the hassle as before reinvestment, fund manager will pay the withholding tax for you.

2) Does that means, for distributing there'll be cumbersome that investor would have to pay the witholdings tax on your own?

3) Also, any ones here who bought distributing ETF, can advise dividend will be straight credit into IBKR account? or it will be bank?

1. None. You received cash and up to you when to buy back. With accumulating even when it's expensive you will be buying.
2. IB automatically minus the tax for you. What you get is already nett tax.
3. IB account.

Thanks, IMHO in that case i would feel that distributing is way better than accumulating thou majority promote accumulating maybe it saves the commission of said straight reinvesting once getting the dividend

Your choice. You want autopilot take accumulating. If you don't like to buy at expensive price, then go with distributing.

btw Ramjade, for ETF priced in GBp / GBX (pence sterling), if to trade via IBKR, straight change to GBP (pound sterling)?