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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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MUM
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May 5 2019, 12:59 PM
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the higher and quicker they raise, the harder and quicker they will fall too.... will it continue at this rate? will it continue to rise for many years more? what made it grow at those rate and pace? will those factors continue to sustains for a many more years? what are those threats? what prevents those perceived threats that had happened in the past years from resurface again?
Damn, if only I know....should go get a TIME stone from Dr Strange.
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MUM
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May 5 2019, 06:14 PM
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QUOTE(alexkos @ May 5 2019, 01:11 PM) Hehe... Where was I in Feb 2009? with the constant news/articles about the "reached peaks".... I think many would have bailed out just a few years after 2009 to protect/preserves the gains.
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MUM
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Feb 6 2020, 04:49 PM
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QUOTE(Agent 592 @ Feb 6 2020, 04:44 PM) If that is the case what would be the best/cheapest way to transfer money back? Have gone through the forum, mostly just touching on transfering money TO US, not FROM US. if you have gone thru the forum about transferring money from US to Malaysia,....I think you may have missed it..... can try this..... https://forum.lowyat.net/topic/4900891/+0#entry95362940(specially post 3 by Ramjade)
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MUM
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Oct 19 2020, 07:49 PM
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QUOTE(zodiacyi @ Oct 19 2020, 07:39 PM) Hi all, Newbie here. I have searched endlessly but could not found the answer I want. One question for fellow Sifus, - SXR8 and CSPX, what the heck are the differences between both? Are they same same or same same but different?Please enlighten me, thanks y'all!!!! googled and found this,... Any particular reason to choose SXR8 (EUR) over CSPX (USD)? https://www.reddit.com/r/ETFs_Europe/commen..._sxr8_eur_over/hope that are as what you enquired & if they are as what you enquired, then looks like the different is trade currencies and yes it looks like same same but different This post has been edited by MUM: Oct 19 2020, 07:54 PM
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MUM
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Nov 28 2020, 09:03 PM
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QUOTE(alexkos @ Nov 28 2020, 09:00 PM) Wah.... 20%...genger than Warren buffeett.... just for info and talking only, there is currently a RHB fund having >70% YTD... unknown how long it gonna maintain that records and will it falls.... any idea how much warren buffett charged? This post has been edited by MUM: Nov 28 2020, 09:05 PM
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MUM
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Jul 15 2022, 11:24 AM
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QUOTE(ollec @ Jul 15 2022, 10:43 AM) Dear all, I'm buying etf via Wise --> CIMB Spore --> IBKR. I wonder if there is any "invisible limit" of monthly transferring of RM to CIMB Spore, where when you overstep that "invisible limit" BNM will come to you? I read from BNM, https://www.bnm.gov.my/documents/20124/6036...ncy%2BAsset.pdf...it says in page 2 of 5, that anyone with Domestic borrowing can "invest in Foreign Currency Asset up to RM1 million equivalent2 per calendar year" <-- if i understand this correctly, then it is very safe for me  cos I would not reach 1 mil is a lot a lot for me... do I understand that correctly? Thanks for any advice! I think, I guess,... That is assuming that amount of money are legally obtained in malaysia n all dues/taxes to it had been reported/paid and you have the records to prove it when asked.
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MUM
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Jul 15 2022, 12:38 PM
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QUOTE(ollec @ Jul 15 2022, 11:55 AM) Thanks, good to know the "20k limit". But not doing stock trading for a living so won't be getting money back into Malaysia anytime soon... Thanks, that makes sense. All through electronic banking, hope all the e-trail to proof where the money came from should be enough. Just a note though,.... There maybe a compilations n tabling of "transfer purposes",... (by bnm) 😬😅 https://www.maybank2u.com.my/maybank2u/mala...%20fifty%20sen). Btw, if the money are legally sourced n all taxes on it had already been paid n records of them are being kept,...... Why scare bnm query? Attached thumbnail(s)
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MUM
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Jul 15 2022, 01:50 PM
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QUOTE(ollec @ Jul 15 2022, 01:25 PM) Because i do not want to go against the law, i've seen signage in airport that people need to declare if they are taking more than UDS10k equivalent of money out. So if the limit for investment is 1 million RM then I'm not worry. But if the limit is as stringent as 10k USD equivalent then I don't want to break the law Or if it is just a matter of declaring then it is fine, but if it is a matter of not allowed to transfer more than X amount, then i want to abide by that too. Hence I read the BNM pdf. But being in Malaysia, I wonder if there is any "undocumented limit" besides the stated one. Maybe when the next time you go to the bank to transfer to your cimb sg bank,... You can try ask the manager?... Tell us after getting that info will you?
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