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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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thecurious
post Jan 3 2021, 11:50 AM

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QUOTE(yuiopoiuy @ Jan 3 2021, 09:39 AM)
Guys, i got some question. I opened account on tradestation via ibkr, so means once i got ibkr account funded i don't need to care about the tsg account right? Because i had been already buying shares through ibkr, but i still receive email from tsg saying that i haven't done any deposit yet, which is weird because i already deposit and traded on ibkr already. So my ibkr account is there and will always be there kan?
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more likely to get a response if you asked this in the ibkr thread
thecurious
post Mar 8 2021, 10:07 PM

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QUOTE(Ramjade @ Mar 8 2021, 11:33 AM)
There are 5 ark funds. Have our pick which one you like. If I am not wrong 2 of the ark funds have beaten the s&p500 for last 5 years (could be more)

Why bother with Etf giving 5-7%p.a when you can have one giving 15-100%p.a?

If I am etf investor I will just buy ark. Some more with recent sell down, even better for me to buy ark. Ark does what no etf does. Buy big when market is red.

S&P500 contains lousy of old comapnies. Eg. intel, Boeing, IBM, General motors, General electric, Wells Fargo
They are big but lousy companies. I wouldn't even put my money into them. Big does not mean good.
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Do you use any tools online to compare the ark funds vs sp500? trying to find something that can do that but so far didnt find any for side by side comparison.
thecurious
post Mar 9 2021, 12:10 AM

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QUOTE(tadashi987 @ Mar 8 2021, 11:42 PM)
what do you wnat to compare? if graph u can use trading view
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movement during the same period of time. isnt tradingview banned by sc?
thecurious
post Mar 14 2021, 04:00 PM

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QUOTE(no6 @ Mar 14 2021, 03:34 PM)
why not allocate plus since its from the fund house directly ?
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maybe one reason is because you need to be the lucky half of the population that doesnt have issue with their buggy app.

This post has been edited by thecurious: Mar 14 2021, 04:00 PM
thecurious
post Mar 14 2021, 09:13 PM

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QUOTE(xander83 @ Mar 14 2021, 08:04 PM)
The issue is not with the app because the app itself it is only for deposit taking and fund display information

The problem lies in how does AHAM uses A+ to collect deposit and executing your funds and settlement upon redemption

So as long as the back office is able to cope and doing well in business hours, the app should be better

1stly all basic functionality is improving as currently they are migrating all their legacy into all in one app which gonna takes the next few years to grow
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seems like you are lucky enough not to have deposit issue.
cant say the same for everyone though.
They do need some years to get it running decently.
thecurious
post Mar 15 2021, 12:54 AM

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QUOTE(xander83 @ Mar 15 2021, 12:26 AM)
Nothing to do with the deposit issue as simple the deposits goes through

The problem lies with trade settlement of the AHAM which have to trace manually to which depositors portfolio which takes time as the trace to deposit is not smooth at moment which I suspect go to with their coding setup

You can’t fault legacy system to migrate a newer based will take time because isn’t still tested hence a lot breakfix unlike Wahed, Mytheo or Akru which uses the same deposit platform through FPX which will goes through perfectly fine only to be hindered by trade from deposits issue

You can go ask ironman16 as he is already fix all the mounting issue from day 1 on A+
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Just because you dont face a particular issue, please dont assume other people dont face any other issues using the app.

I did follow the thread from the very start for a time until decided not to waste time waiting for their buggy app to work.

And we as users can fault them for not having a proper app/system in place as they have decided to launch it as a full app.

That being said, I have no more interest in using the app so I dont plan on asking more details on that. I simply gave a comment on why people would not want to use the app.
thecurious
post May 13 2021, 09:27 PM

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QUOTE(JakkReaper @ May 13 2021, 09:22 PM)
Thanks. Instarem or Transferwise better for cost savings?
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you can go to the website and use the calculator there to check.
besides, you can use the search function, many people asked before.
thecurious
post Jul 7 2021, 11:57 PM

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QUOTE(chrisderick88 @ Jul 7 2021, 11:52 PM)
Thansk for your response bro, but what I wanted to ask is... I'm trading an ETF on LSE (VUSD) which my understanding "denominated in USD". My account is USD and all my funds are in USD.

That said, TSG is charging GBP1.5 for the brokerage fees. Do they automatically charge to my USD account? or will I have to purposely convert USD2 to GBP1.5 to pay TSG?
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No, they charge USD. Are you sure you aren't purchasing VUSA by accident?

 

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