Welcome Guest ( Log In | Register )

9 Pages  1 2 3 > » Bottom

Outline · [ Standard ] · Linear+

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

views
     
Ramjade
post Feb 27 2019, 02:12 PM

20k VIP Club
*********
All Stars
24,333 posts

Joined: Feb 2011


QUOTE(kaiserreich @ Feb 27 2019, 02:02 PM)
I can see iShares SP500 being called as IVV in my TD ameritrade account.

Is it the same thing, or this one will kena 30% withholding tax?
*
There's lots of ETF which track s&p500.
Only the ones listed on LSE domiciled in Ireland pay 15%. The rest pay 30%

This post has been edited by Ramjade: Feb 27 2019, 02:12 PM
Ramjade
post Feb 27 2019, 11:23 PM

20k VIP Club
*********
All Stars
24,333 posts

Joined: Feb 2011


QUOTE(l4nc3k @ Feb 27 2019, 10:47 PM)
15% withholding meaning we lose 15% of it or just need to wait next fiscal year to claim back?
If can claim back is it automated by the service we use, or in this case captrader?
*
No claiming back.
Think of it this way.
US company give 10 dollar dividend.
If you buy from US, HK, get ready to received only 7 dollar as US govt eat up 3 dollar.
Now if you buy from London, you get 8.50 as US govt only eat 1.50
Ramjade
post Mar 2 2019, 01:02 PM

20k VIP Club
*********
All Stars
24,333 posts

Joined: Feb 2011


QUOTE(w3sley @ Mar 2 2019, 12:44 PM)
Hi TF, I thInk all beginners would like to know this.. please do share your experience. Thanks

1. What's the recommended min cash before an individual follow this path? I believe this is not for people with small amount.

2. How many % out from the portfolio should be allocated for this?
*
1. See fist page.

2. Depend on how much you feel comfortable investing.
Ramjade
post Mar 7 2019, 09:12 PM

20k VIP Club
*********
All Stars
24,333 posts

Joined: Feb 2011


QUOTE(honsiong @ Mar 7 2019, 09:09 PM)
How safe are these brokers not located in Malaysia, in case they disappear how do we seek legal help?

I guess that's my main concern so far, not just cost, coz if captrader cabut then GG.
*
They are under IB Label. Anything wrong with them find IB. Not sure how good is IB customer service. IB is protected by US PIDM up to USD200k.

This post has been edited by Ramjade: Mar 7 2019, 09:13 PM
Ramjade
post Mar 25 2019, 04:37 PM

20k VIP Club
*********
All Stars
24,333 posts

Joined: Feb 2011


QUOTE(Ancient-XinG- @ Mar 25 2019, 04:29 PM)
All us eq diarrhea.

But until when dont know lol
*
1% is not diarrhea :x
Ramjade
post Mar 25 2019, 06:57 PM

20k VIP Club
*********
All Stars
24,333 posts

Joined: Feb 2011


QUOTE(alexkos @ Mar 25 2019, 06:51 PM)
Inb4 mod ban this, the discussion is necessary to reflect the volatility of trading individual stocks as opposed to holding diversified index fund.
*
Volatility is your best friend if you are looking for specific stocks.
Ramjade
post Apr 18 2019, 04:56 PM

20k VIP Club
*********
All Stars
24,333 posts

Joined: Feb 2011


QUOTE(Whatever111 @ Apr 18 2019, 12:07 PM)
Alex, is it ok if I use Money Match to transfer instead of Instarem? I can't sign up for Instarem because I'm not staying in Klang Valley.
*
Moneymatch problematic sikit. Not sure if they support foreign stock broker. You neater email them. If you r eon Penang, Klang Valley, JB, I think instarem service you.

QUOTE(Whatever111 @ Apr 18 2019, 01:40 PM)
Yea I got no choice  sad.gif . Or is there anyway to bypass the address thingy for Instarem (can use my friend address for example)?
*
Yes got choice. Take leave and open. What's taking 2-3days of leave vs paying more for all foreign transfer you made? Think long term.
Ramjade
post Apr 18 2019, 05:02 PM

20k VIP Club
*********
All Stars
24,333 posts

Joined: Feb 2011


QUOTE(Whatever111 @ Apr 18 2019, 04:59 PM)
I can go down to KL no problem. So if I go to their office personally then can open an account with them? Because online registration they don't accept Pahang address.
*
Yes you need to meet them in KL. They reject you based on address in pahang is because they do not service pahang state for face to face kyc.

However if you put location of kyc as their office, no issue. Just contacted customer service to correct the place you want to meet them.
Ramjade
post May 18 2019, 02:40 PM

20k VIP Club
*********
All Stars
24,333 posts

Joined: Feb 2011


QUOTE(alexkos @ May 18 2019, 02:12 PM)
Sui wor... Sg xitibank can open account online?
*
It's hard to open SG bank account after 1mdb.

QUOTE(alexkos @ May 18 2019, 02:18 PM)
Btw... Myr sgd transfer like that... Itu lhdn will come invite me kopi or not?
*
You transfer straight to Captrader you think LHDN won't ajak you out for coffee? As long as you paid your taxes, nothing to worry.

This post has been edited by Ramjade: May 18 2019, 02:41 PM
Ramjade
post May 18 2019, 02:56 PM

20k VIP Club
*********
All Stars
24,333 posts

Joined: Feb 2011


QUOTE(alexkos @ May 18 2019, 02:41 PM)
Gooding Hehe... Hmm lazy go spore for this one thing... Total cost can't justify yet....

But gooding sharing anyway.

Ramjade bro what's ur method?
*
Malaysian banks - > Instarem/moneymatch - > SG banks - > Interactive broker bank account.

QUOTE(Krv23490 @ May 18 2019, 02:46 PM)
I managed to open CIMB SG quite easily though . Got FAST transfer enough right ?
*
Yes got fast transfer enough to fund interactive broker. But max is I think SGD30k each time only.
Ramjade
post May 18 2019, 05:25 PM

20k VIP Club
*********
All Stars
24,333 posts

Joined: Feb 2011


QUOTE(alexkos @ May 18 2019, 05:10 PM)
So need travel Singapore... Ok... See when got time.... Maybank also can ya?
*
Read the link I shared. Don't even need to go down. During my time yes need to go down.

Ramjade
post May 18 2019, 10:51 PM

20k VIP Club
*********
All Stars
24,333 posts

Joined: Feb 2011


QUOTE(alexkos @ May 18 2019, 10:26 PM)
sui ah. additional question

1) tradestation annual platform fee got? can't find it
2) I saw tradestation got macam additional charge for LSE platform, and Netherland Amsterdam also....but my Captrader din charge me these *additional fees like clearing etc.
3) your cimb sg fastsaver recommend gooding. Looks like no annual fee this one. and S$10 for one debit card.. hmm.....
4) itu maybank since got debit card, i think sure got annual fee one. Can check?
*
1) No annual platform fee.
3) Cimb card optional. No min fees. Keep zero inside also OK.
4) Maybank debit card no annual fees.

Ramjade
post May 18 2019, 10:55 PM

20k VIP Club
*********
All Stars
24,333 posts

Joined: Feb 2011


QUOTE(alexkos @ May 18 2019, 10:52 PM)
once tradestation account online, i'll hoot CSPX LSE hehe. Now thinking want USD or GBP mode....hmm....
*
If you got moo, go with pure IB. Even cheaper commision.
Ramjade
post May 18 2019, 10:59 PM

20k VIP Club
*********
All Stars
24,333 posts

Joined: Feb 2011


QUOTE(alexkos @ May 18 2019, 10:57 PM)
100k USD? apu.....now i earn min wage as per US standard....
*
With tiered commision, commision only cost few cents. biggrin.gif
Ramjade
post May 21 2019, 06:52 AM

20k VIP Club
*********
All Stars
24,333 posts

Joined: Feb 2011


QUOTE(kart @ May 20 2019, 10:21 PM)
Thank you for your reply, alexkos and roarus.  rclxms.gif

The returns from ASNB FP (which is considered as low risk) is around 5.5 to 6 %. Yeah, we cannot directly perform apple-to-apple comparison, between ASNB FP and SXR8 SP500 index fund.

Then again, the annualized return of investment from SXR8 SP500 index fund should be higher, in order to justify the multiple risks we have to bear, as compared to ASNB FP.
*
You must factor in our amanah saham 6% maybe actually 3-4% after accounting for drop in RM.
Ramjade
post Jun 25 2019, 09:37 PM

20k VIP Club
*********
All Stars
24,333 posts

Joined: Feb 2011


alexkos what bank do you input into interactive broker as the sending bank (instarem bank) when you initiate the transfer?
Ramjade
post Jun 25 2019, 10:50 PM

20k VIP Club
*********
All Stars
24,333 posts

Joined: Feb 2011


QUOTE(alexkos @ Jun 25 2019, 10:46 PM)
Instarem Malaysia Sdn Bhd as instructed
*
Not maybank/cimb/rhb?
Ramjade
post Jun 25 2019, 11:57 PM

20k VIP Club
*********
All Stars
24,333 posts

Joined: Feb 2011


QUOTE(alexkos @ Jun 25 2019, 11:53 PM)
No oh... Instarem sent oh.... I use pbb funding instarem
*
Not talking about Malaysian bank > instarem.
Talking about when you want to deposit say EUR, what is the sender bank you key into interactive broker page for sender bank (Instarem bank)
Ramjade
post Jul 4 2019, 12:14 AM

20k VIP Club
*********
All Stars
24,333 posts

Joined: Feb 2011


QUOTE(chickenessence @ Jul 3 2019, 11:04 PM)
From the online chat support, i was told that there will be inactivity as i mentioned.
i can share the screen shot if u guys like to see.
Tradestation and Tradestation Global.. is there any difference?
Anyway, the fee thing i am asking.. Don't seem to be able to find any info online? (or i can't find it?)

From the fee u mentioned, generally if less capital, TradeStation >> CapTrader lo?
thanks to u, i just get to know what is boglehead 3 fund portfolio.
Dont worry.. always DYDD right?
*
From 2 email like 6 months apart, no fees.
Ramjade
post Jul 4 2019, 06:41 AM

20k VIP Club
*********
All Stars
24,333 posts

Joined: Feb 2011


QUOTE(chickenessence @ Jul 4 2019, 12:49 AM)
any comment on this?
"What is the best method (cheapest cost) to transfer the fund, for typical Malaysia and for individual with Singapore bank account (Malaysian working in Singapore)."
https://www.tradestation.com/pricing/
https://www.tradestation-international.com/
Didn't notice there is a difference between Tradestation US and Global (international)  rclxub.gif
So generally TradeStation need about 1,250 GBP (About 6,500 MYR) can hoot already right? (0.12% of 1,250 GBP = 1.5 GBP fee)
*
Initiate a transfer via IB via SGD. They will give you a virtual bank account. Use the details given and do FAST transfer into the virtual account provided.

9 Pages  1 2 3 > » Top
 

Change to:
| Lo-Fi Version
0.0533sec    0.06    7 queries    GZIP Disabled
Time is now: 30th November 2025 - 04:48 AM