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 [DIY] S&P 500 Index w/ 0.07% Annual Fee, Buy the best companies in the world

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Eurobeater
post Sep 24 2020, 09:51 PM

Kancil Dorifto!
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Senior Member
1,189 posts

Joined: May 2018
From: Kuala Lumpur, Malaysia


Just decided to hoot €500 into the S&P500. Hope it all goes well with the prices tanking now. Will probably hoot again next month
Eurobeater
post Sep 24 2020, 10:20 PM

Kancil Dorifto!
******
Senior Member
1,189 posts

Joined: May 2018
From: Kuala Lumpur, Malaysia


QUOTE(alexkos @ Sep 24 2020, 10:17 PM)
broker happy with 4% commission  blink.gif
*
What 4% tho? I'm using another broker. Not TradeStation kek
Eurobeater
post Sep 25 2020, 07:03 AM

Kancil Dorifto!
******
Senior Member
1,189 posts

Joined: May 2018
From: Kuala Lumpur, Malaysia


QUOTE(alexkos @ Sep 25 2020, 12:26 AM)
Broker which one ah
*
Trading212
Eurobeater
post Sep 25 2020, 09:30 AM

Kancil Dorifto!
******
Senior Member
1,189 posts

Joined: May 2018
From: Kuala Lumpur, Malaysia


QUOTE(alexkos @ Sep 25 2020, 08:33 AM)
ic. hw much ah
*
Supposedly commission-free. The fees appears to be mostly in the forex bits only
Eurobeater
post Sep 25 2020, 11:28 AM

Kancil Dorifto!
******
Senior Member
1,189 posts

Joined: May 2018
From: Kuala Lumpur, Malaysia


QUOTE(Ramjade @ Sep 25 2020, 11:23 AM)
The Forex is buying US stocks or cause send money from Malaysia to trading 212?
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For buying GBP ETF with my account which is in Euro

The funds are from my UK bank acc, hence my old tered of mine biggrin.gif
Eurobeater
post Sep 25 2020, 11:40 AM

Kancil Dorifto!
******
Senior Member
1,189 posts

Joined: May 2018
From: Kuala Lumpur, Malaysia


QUOTE(Ramjade @ Sep 25 2020, 11:30 AM)
Deposit EUR into trading212 and use their platform to convert money. Cheaper.
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But the currency of my overseas currency is all in GBP. Takde Euros tho. You mean I should deposit EUR into Trading212 and then buy the GBP denominated ETFs or stocks?
Eurobeater
post Sep 25 2020, 01:20 PM

Kancil Dorifto!
******
Senior Member
1,189 posts

Joined: May 2018
From: Kuala Lumpur, Malaysia


QUOTE(Ramjade @ Sep 25 2020, 12:57 PM)
Try deposit in GBP and see.

Main point is use trading212 to do conversion for you. Don't use banks.
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Done so rd. Monzo seems to have the best Forex rates coz it doesn't charge bank rates like credit cards. But their fee is built into the spread
Eurobeater
post Sep 25 2020, 03:48 PM

Kancil Dorifto!
******
Senior Member
1,189 posts

Joined: May 2018
From: Kuala Lumpur, Malaysia


QUOTE(Ramjade @ Sep 25 2020, 03:05 PM)
Use revolut.
*
Malaysia can apply?
Eurobeater
post Sep 25 2020, 05:36 PM

Kancil Dorifto!
******
Senior Member
1,189 posts

Joined: May 2018
From: Kuala Lumpur, Malaysia


QUOTE(Ramjade @ Sep 25 2020, 05:36 PM)
Cannot. But if you have Monzo means you have some UK/EU ID/pass which means you can apply.
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Those ID expire some time ago rd XD

I applied for Monzo while I was still studying there
Eurobeater
post Sep 25 2020, 07:17 PM

Kancil Dorifto!
******
Senior Member
1,189 posts

Joined: May 2018
From: Kuala Lumpur, Malaysia


QUOTE(Ramjade @ Sep 25 2020, 06:18 PM)
Bigpay/instarem/moneymatch -> monzo -> trading212. Monzo should be in GBP.
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I guess I can try Bigpay. Since Malaysian product so should be easier to apply.

Yeah Monzo is in GBP, but its quite popular for forex transactions coz no bank fee. It's pure exchange rate only with a bit of spread

This post has been edited by Eurobeater: Sep 25 2020, 07:18 PM

 

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