Sorry if I missed something, been digging through the thread for answers but can't find it.

Is the current recommended ticker to hoot CSP1 or SRX8?

I only understand that:
1. They are the same ETF, just underlying currency different (CSP1:GBP, SRX8:EUR)
2. Alex seems to have briefly mentioned SRX8 don't have stamp fees that CSP1 have.

What are the other difference? Do i get minor savings hooting one over another?

ARK meaning ARKK? Its only available on NYSE in USD right? How does it compare to S&P 500? Personal thoughts and anecdotes is fine too! Never researched deeply into it.

But I still plan to hold some S&P 500, so if anyone can elaborate more on choosing between SXR8 and CSP1 still I'll appreciate it

Haha, I'd love to buy this massive dip, but I don't meet the minimum requirements to start TSG account yet, will just have to revisit down the line.

Thanks for letting me know about this though!

Haha, same issue also, just doing preliminary research for now while saving up for the first lump sum

Yeap, I currently put my money into Stashaway first. Thanks!

Any particular reason behind 50% oversea equity recommendation? I'd assume for someone who believes in S&P500 Index investing would happily just do 80% VTSAX/VOO & 20% VBTLX instead of still investing in Malaysian stock market, since FBMKLCI-EA absolutely horrid to put any money into, and TradePlus DWA Malaysia Momentum Tracker is too new and untested yet. There's no more other local ETF which underlying stocks are on KLSE AFAIK.

Not to mention "The market always goes up" doesn't seem to apply to KLSE at all...


(Also Alex you hold both CSP1 and SXR8 right? Any particular reason you hold both, and why pick one over another? Just curious)

This post has been edited by Hoshiyuu: Mar 8 2021, 12:20 PM

Out of curiosity, how is everyone handling their money while saving up to RM7k before hooting?

Unless everyone here are making enough to hoot 7k monthly comfortably

Currently my buffer is 50/50 Versa/SA Simple. But since its quite a long while between my 7k hoots, I am almost tempted to put them into a 10% risk SA profile, then withdraw only when its >7k & breakeven, delay withdraw if unfavorable.

But then feel like missing the point of buying CSP1, because already paying SA 1%+ fee 🤣

This post has been edited by Hoshiyuu: Mar 12 2021, 11:39 PM

Appreciate the reply! Hmm... by the time my funds is converted to USD and ready to buy these, I'm also ready to hoot though. The fee eaters that discourage me from hooting below rm7k is the 2$ fixed SGD->USD conversion fee on IBKR+ and to some extent the RM5 for initial MYR->SGD.

Then the minimum $1.50 (buy pseudo bonds) + $1.50 (sell pseudo bonds) + $1.50 (buy CSP1) are fees city too...

Am I missing something obvious that can cut down the fees and let me do this cheaply?

TD SG available to Malaysian I think, but funding method is terrible. Expect a huge chunk of TT fees from what I can research.

And my portfolio is nowhere near 100k USD yet

Guess I'll have to accept that part of my money is going to rot between hoots

Seconded, Allocate Plus app feels like some first year uni-student project.

Do you mind elaborating on TD SGD deposit? I am using CIMB SG, but I saw their faq DBS/POSB Electronic Transfer is limited to DBS/POSB only. Everything else seems like TT to me.

I don't think commission free trading on TD applies to Ireland domiciled ETF since they are listed on LSE.

o7 I'll stay on TSG for now since I don't need fractional share, folks please report how is the pond over there every now and then ya

-deleted-

This post has been edited by Hoshiyuu: Jan 18 2022, 12:24 AM

I'd advice to avoid advice from people who have just started investing, jumping from one failed investment vehicle to another, repeatedly timing the market then get burned, yet go around regurgitate whatever they just read yesterday without fundamentally understanding it ... if they can provide sound justification or reference material for you, then take those and do your own research.

Just because it's an act of considerate kindness doesn't mean its factually true, always do your own due diligence...

Depending on your capital, you might want to consider some of the following factors:

SWRD only covers developed country large and mid caps, so no Alibaba, no Tencent, no TSMC, usually people who go with SWRD will mix in EIMI or WSML for either emerging market exposure and/or developed country small caps exposure. The cheaper TER is likely due to missing such coverage. You are trading exposure for fees reduction.

If you end up holding multiple ETF due to wanting exposure to certain segments, you need to take into consideration of your purchase and rebalance cost - buying 3 tickers monthly is going to eat into your cost if you aren't throwing in a decently large amount.

---

If you wanted to chase performance, you can just all in SP500(VUAA/CSPX), if you wanted to diversify (via buying SWRD), why stop at large caps and mid caps of developed countries?
Winners rotate, Large/Mid and Small caps take turns getting returns, US and the rest of the World take turns getting returns - hence why VWRA is recommended - and I am sure those who hold VWRA would happily hold VT instead of it didnt had a 30% withholding tax.

Personally I recommend to VWRA and chill too, hold one ticker, get rich slowly but surely.

This post has been edited by Hoshiyuu: Jan 18 2022, 12:46 AM

Yeap, VWRA unfortunately do not carry small caps, its not ideal but it's impact is smaller than you might think. I've posted this before somewhere else so don't mind the copy paste:

Of course, if you believe in small cap value tilt or factor tilting in general, it's very easy to quickly dig back into the rabbit hole that we just crawled out of, like adding in AVUV/AVDV and just ignore the withholding tax since small caps rarely generate enough dividend to matter, and since they are US listed, the trading cost is way lower, etc.

But my personal recommendation is always, keep it simple, hold VWRA, spend the time on increasing one's income instead.

As for lump-sum vs DCA, it's a much debated topic so I'll just give you my personal opinion:

Time in the market > Timing the market, lump sum should give you a higher return - keyword being should.
While VWRA is relatively stable, with VWRA being basically ~60% US, and lump-sum into a decade long bull market is always scary, can you really withstand your 50k poofing to 30k overnight, and keep holding it for another decade or two?

For me, I have a good 20 year horizon minimum ahead of me, I'm looking forward to a crash to test my resolve, get cheap shares, and I believe in investing in VWRA enough that I haven't really found another place that I would put the majority of my money into (e.g. if for any reason VWRA drops 50% overnight, well, chances are nowhere else is really safe anyway), so personally I will lump-sum that amount in today.

Besides, I think I'll have much bigger regret seeing VWRA go up by 3 dollars when I only deposited only 5k out of 50k and end up panic FOMO lump-sum anyway

This post has been edited by Hoshiyuu: Jan 18 2022, 03:03 AM

Welcome, but remember to take what I say with a grain a salt and scrutinize every detail, hell, I could benefit from people telling me where I am wrong and fix it before I regret it a few decades later.

I am currently buying monthly and making sure the cost of transaction is kept under 1% of the amount invested (currently at around 0.7%) - but I highly doubt this is the way to do it. Better to just park somewhere locally like Versa/SA Simple and make a deposit every 3 months IMO. Whether $2 a month to capture the up and downs of the market better is up to the individual investor, as there are an argument to be made on both side (penny-wise pound foolish VS invest early invest often).

But generally as long you invest and stay invested, even if you aren't likely to be the biggest winner, just doing that alone will make sure you come off well enough - there's a reason people have successfully retired wealthy buying nothing but Maybank for 30 years. It's hardly the most optimal thing to do, and yet consistency will still reward you well - maybe the fella who did so could have retired with 3mil instead of 2mil, but they sure as hell isn't forced to work until they die with crippling debt and no safety net.