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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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gashout
post Nov 26 2023, 05:55 AM

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QUOTE(Ramjade @ Nov 25 2023, 12:30 AM)
Lots of multiple currency available for SP500. For me, I will pick USD over GBP or EUR
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Ramjade, what am I missing. Do I buy snp 500
gashout
post Nov 26 2023, 09:24 AM

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QUOTE(Ramjade @ Nov 26 2023, 09:16 AM)
Depends on what you want. For me, I avoid the sp500. For people who don't know and don't care about investment, sp500 is good enough than our Malaysia unit trust or EPF.
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Just wanna diversify but I haven't done loading up on my sg stocks.

I see Nasdaq 100 performs better than s&p 500. But I've enough exposure to usd assets already.

I love dividend too.

This post has been edited by gashout: Nov 26 2023, 09:24 AM
gashout
post Nov 26 2023, 10:55 AM

⭐ My stars are growing ⭐
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QUOTE(Ramjade @ Nov 26 2023, 10:13 AM)
I do both. You can get dividend from US via DIY. Just buy QQQ. Once reach 100 shares, do covered call on it. Collect say USD50/week on it.
USD50x52w=USD2600

USD2600/USD38951=6.67%p.a tax free.

Enjoy best of both world. Not restricted to only SGD.
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Thanks ram. Will you please guide me where I can learn more on covered calls. IBKR has such service too?
gashout
post Nov 26 2023, 12:35 PM

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QUOTE(Ramjade @ Nov 26 2023, 11:22 AM)
Of course.
https://youtube.com/@optionswithdavis?si=b9ilNtxEUhNeuF8G

This guy teach you more than needed.
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Appreciate this.

 

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