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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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Sumofwhich
post Feb 27 2019, 08:58 AM

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I'm using TOS, not sure if the SPY is better or this, any comments from you guys? Thanks!

SPY is around US$280, commission is $5 per transaction

This post has been edited by Sumofwhich: Feb 27 2019, 09:01 AM
Sumofwhich
post Feb 27 2019, 05:39 PM

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QUOTE(alexkos @ Feb 27 2019, 11:38 AM)
ic....if want hoot SPY (nyse version), then use Just2Trade broker, you get some free trades (zero fee on your brokerage).

But, alex no recommend SPY, or any US domiciled SP500.

Reason? Trump will eat you 30% tax withholding on dividend. You rugi.

Join me SXR8. Eat 15% only
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Noted thanks! Didn't know SPY pay dividends as well, but yeah US dividends kena 30% withholding tax
Sumofwhich
post Feb 27 2019, 07:11 PM

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QUOTE(alexkos @ Feb 27 2019, 06:53 PM)
Semua salah trump... Haha... If not, I also hoot US fund d
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Is this somehow related to the late Jack Bogle's Vanguard fund?
Sumofwhich
post Feb 27 2019, 07:46 PM

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Thanks Alex!
Sumofwhich
post Mar 16 2019, 05:52 PM

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QUOTE(abcn1n @ Mar 16 2019, 03:33 PM)
Sumofwhich May I ask if you are signing up with TOS USA? I 'had' a TOS USA account for years but a few years ago, they said I have to sign up with TOS Singapore instead and close my TOS USA account.

So am curious, which TOS you signed up with and if it is still with TOS USA, how you still managed to retain that account. Thanks
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Registered with USA, migrated to SG as we're in Asia region
Sumofwhich
post Mar 23 2019, 04:25 PM

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QUOTE(abcn1n @ Mar 23 2019, 01:52 PM)
Sumofwhich Thanks Sumofwhich. So I guess you are paying the higher commission now compared to when you were registered with USA.
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It's the same I believe. They are just migrating our accounts and support to SG.
Sumofwhich
post Mar 25 2019, 06:27 PM

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QUOTE(alexkos @ Mar 25 2019, 06:16 PM)
U want to hear the story where hengyuan crashed rm3 in the afternoon? Hehe...
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3 or 0.30 ?
Sumofwhich
post Mar 25 2019, 06:52 PM

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QUOTE(alexkos @ Mar 25 2019, 06:50 PM)
Hehe... That's why you need bigger popcorn package smile.gif

Rm19. 20 to Rm16. 30 on 29 Dec 2017, last trading day afternoon 2.30pm I was in front of the computer...
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I see, thought it happened this afternoon I diok che kia go check on klse screener
Sumofwhich
post Aug 8 2019, 01:01 AM

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QUOTE(Ramjade @ Aug 7 2019, 09:08 PM)
10% drop already want to jump floor? Give me a 30% drop tongue.gif  tongue.gif
Mega sales  cheers.gif  cheers.gif  rclxm9.gif  rclxm9.gif
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Hope you don't mind sharing:
Which reits or dividend stocks do you buy?
Which platform do you use?
Any tips for a Malaysian based investor?
Thank you!

This post has been edited by Sumofwhich: Aug 8 2019, 01:02 AM
Sumofwhich
post Aug 8 2019, 10:40 PM

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QUOTE(Ramjade @ Aug 8 2019, 04:12 PM)
CKI infrastructure, GA pack,  ICBC
Cromwell EUR reit
I got so many more to buy but no money.
Tradestation global but login using Interacrive broker?

What tip you want? I don't give buy or sell tip. I buy and hold. Sell if fundamental changes.
My tip keep your cost as low as possible especially if you are like me, poor fag. Be patient. Keep money. Avoid FOMO. Rising DPU does not lie. If you FOMO,  you will never have money to buy.
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Thank you. Tips as in how Malaysians can invest in SG reits for example

QUOTE(alexkos @ Aug 8 2019, 05:03 PM)
hehe...want tip kah?

sell on top, buy at bottom.

easier said than done.

true story =)
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Nope, not those lol. Everyone would be rich if they can predict tops and bottoms

This post has been edited by Sumofwhich: Aug 8 2019, 10:46 PM
Sumofwhich
post Aug 9 2019, 11:31 AM

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QUOTE(Ramjade @ Aug 9 2019, 08:17 AM)
If you use tradestation global,  just transfer SGD into their SG virtual bank account.
I have SG bank account so just do transfer like IBFT.

Not sure if Interacrive broker receive transfer from 3rd party like instarem.

If you don't want to open Tradestation global,  can go with FSM SG. But that severely limit you to only SG and HK market compare to worldwide with Tradestation global (interactive broker)

You can do it using Malaysian broker also but be prepared to pay higher cost (higher commission,  dividend fees, quarterly fee,  markup exchange rate)
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Thanks. Any tips to open a SG bank account if not working in SG? I recently opened a USBank account and just found out the ThinkOrSwim broker charges USD25 for withdrawal.

This post has been edited by Sumofwhich: Aug 9 2019, 02:42 PM
Sumofwhich
post Aug 10 2019, 12:16 PM

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QUOTE(dwRK @ Aug 10 2019, 08:48 AM)
Thanks for answering.  I still blur to his intention, as I recall ToS charges $25 for usd withdrawal only, to any outside account. So if he has US bank then no reason for SG bank. AFAIK ppl open SG account so as to myr-sgd-usd... so the ToS $25 is probably a red herring

Also USBank is a thing...

user posted image
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I originally thought withdrawal from ToS to US bank account is free, then use transferwise or instarem to transfer back to Malaysia OR from Malaysia transfer to US bank account and deposit to ToS. SG is purely to mimic ramjade's investment strategy.
P.s. I've never used instarem or transferwise yet

This post has been edited by Sumofwhich: Aug 10 2019, 12:17 PM
Sumofwhich
post Aug 10 2019, 01:21 PM

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I see, thanks for the input. Yes i use ToS mainly for selling covered calls or cash secured puts. Fees are high even with a discounted rate (some guru) and I'm starting to look for other platforms which allow options trading.

 

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