^midf rates is expensive at usd8 per trade (once 30 days is over). Let’s wait and see if Rakuten will be cheaper than wise>IBKR

if CSPX too expensive for you, get VUAA instead.

They are the same thing just that VUAA is cheaper since it is newer.
Both irish domiciled investing in S&P 500, same expense ratio, dividend reinvesting.

Would suggest to buy BNKS and XDWF.. Both invest in banks and financial institutions amidst this interest rate hike period by Fed. BNKS focus on US financial institution. XDWF on developed market's financial institutions.

For S&P500 better go for VUAA (same thing as CSPX). Cheaper and it is rising in value. Easier to get into it due to price.

If you're into ESG - environmental social and governance companies, buy SUSW or SASU.

SMH good pick also due to shortage of semiconductors globally. Likely price hikes incoming for all things semiconductors.

All listed here are Irish Domiciled ETFs. I did some research on my own, and also reading articles before recommending.

I would avoid tech stocks for time being as they are expected to go down a lot. Energy and consumer staples another good etf to invest in.

My VWRA, SWRD and CSPX went down alot in last two weeks. So will stay away from them first till stabilize. Not sure how much more they can drop.

This post has been edited by Davidtcf: Jan 17 2022, 09:56 PM

You're welcome.
Also don't worry about expense ratio. If the ETF grow alot in the end the ER doesn't matter. As long not too high e.g. More than 0.5% then should be ok.

VWRA and SWRD more for "diversifying". I still prefer S&P500 type ETF. VWRA imo diversify too much and not focus enough. As for SWRD if developed market S&P500 good enough. US hold such a big chunk in both. If somehow it drop a lot both ETF cannot escape from US pulling them down. Also Asia during pandemic not doing so well.. Just see how bad EIMI is doing nowadays.

Better go into specific ETF that is booming during a time. Like what I suggest banking, semiconductors, renewable energy, oil and gas, Healthcare etc.

This post has been edited by Davidtcf: Jan 17 2022, 10:36 PM

Money go out no problem..

will alert BNM if money come in to Malaysia past certain limit. Heard from finance friends the limit is RM20k. Best do it in batches if transferring a lot of money from overseas. If alerted, bank will freeze your money and ask you provide evidence where the money came from.. for what purpose etc. Might need to walk into bank to explain that time. Once all cleared your money will unfrozen for use. Need cooperate with bank fully when this happens.

This post has been edited by Davidtcf: Jul 15 2022, 11:24 AM

For example, this can be seen when we use Wise to transfer out money, it will ask you the purpose of the transfer.
that is how they record it for outgoing money

This post has been edited by Davidtcf: Jul 15 2022, 03:30 PM