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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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honsiong
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Mar 7 2019, 08:55 PM
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QUOTE(alexkos @ Mar 6 2019, 12:48 PM) breaking news. Stashaway can claim back 30% withholding tax. So no need DIY method coz max claim back 15% only. Note: for StashAway fact check, pls navigate to SA thread. Sifu there can help. Bye. update 7 march 2019: now SA folks are unsure if they can fully claim back withholding tax 30%. For confirmation, kindly navigate to SA forumTQ OK now I am interested in this. But then again 15% saving on 2% dividend yield, how much capital do we need invested for this to have significant advantage over StashAway? Also I wanna see got any ways to buy VTWAX here, seems more fun to have exposure to 47 countries in one shot.
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honsiong
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Mar 7 2019, 09:09 PM
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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.
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honsiong
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Mar 7 2019, 09:13 PM
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QUOTE(alexkos @ Mar 7 2019, 09:11 PM) ya....captrader say if anything kena, got bla bla bla safety clause with Interactive broker....but no choice if they choose to songlap, our money gg also =( my fren despite captrader cost advantage, use his international bank (charles schwab) to hoot SXR8. Result: higher FX + brokerage fee but every year 0.07% annual fee onward (like me) i also want cheap, good, safe.... looks like can only compromise =( Is there a way to have the shares we bought really under our name, like CDS/CDP system, so we are less affected by anything hitting our brokers.
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honsiong
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May 17 2019, 09:00 PM
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SGX has a SPDR S&P500 fund. No need to go thru that many trouble, but dunno dividends got taxed or not.
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honsiong
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May 17 2019, 09:17 PM
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QUOTE(alexkos @ May 17 2019, 09:11 PM) I use Maybank so $25 per trade, but the units are held directly under my name in SGX CDP, no worry about broker house shut down. QUOTE(tadashi987 @ May 17 2019, 09:11 PM) What is the ticker? but i think IWDA/SWRD track different things as SPY. SPY more on US but IWDA/SWRd more on whole world SGX S27. SPDR website
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honsiong
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May 17 2019, 11:42 PM
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QUOTE(alexkos @ May 17 2019, 11:23 PM) hmm, my sg fren itu US domiciled. Trump happy eat 30% tax. come follow me SXR8 Tak da duit lah bang
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honsiong
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Jan 17 2022, 06:51 PM
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QUOTE(KingArthurVI @ Jan 17 2022, 06:47 PM) Hi sifus I'm in a dilemma between SWRD/IWDA (both track MSCI World Index, meaning developed markets large and small caps) and of course the almighty S&P500 (CSPX/VUAA, etc...) One of the reasons I think SWRD/IWDA is attractive is it's more diversified than S&P500 and it reduces the withholding tax exposure (although only 15% coz Ireland-domiciled). Anyone went with one over the other and have some thoughts to share? Or just buy VWRA. No dividends, it's just accumulating by itself.
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