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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
post 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 forum

TQ
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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.

honsiong
post 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.
honsiong
post 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 =(
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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.
honsiong
post 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.
honsiong
post May 17 2019, 09:17 PM

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QUOTE(alexkos @ May 17 2019, 09:11 PM)
Sgx trading fee cheap?
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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
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SGX S27.

SPDR website
honsiong
post 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
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Tak da duit lah bang
honsiong
post 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?
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Or just buy VWRA. No dividends, it's just accumulating by itself.

 

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