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 Interactive Brokers (IBKR), IBKR users, welcome!

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abcn1n
post Oct 23 2023, 07:40 PM

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QUOTE(Avangelice @ Oct 23 2023, 05:04 PM)
That's double exposure no? Both tracks s&p but Vwra has more exposure to Europe and EM. (60% still in S&P)
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I see that many have answered your question, so no need to repeat. All the best in your journey.
abcn1n
post Oct 23 2023, 07:57 PM

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QUOTE(Avangelice @ Oct 23 2023, 07:50 PM)
My boy is reaching three years of age coming January 2024 and I feel uncomfortable being heavy in Malaysia with my stock and epf plus asnb (non Muslims) so the horizon is 18 years from now.

Bonds. Now that's something I haven't delved into yet
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Nothing wrong with having some in Malaysia. If Malaysian bank stocks crash, I will buy Maybank and Public Bank (haven't seen Malaysian stocks for quite a while now, so no idea what's happening). But certainly good to diversify to other countries like USA

Bonds--understand the inverse relationship between price and interest b4 you delve in. Very important. Tons of info in the web. Just need to google it

abcn1n
post Oct 27 2023, 08:30 PM

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QUOTE(TOS @ Oct 27 2023, 12:41 PM)
For CHF investors: https://www.ft.com/content/f42dc58e-8e5f-43...4f-9f8aeaef6594

(Use a paywall bypass plugin to read the article.)
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Thanks. Have always been interested in CHF due to its safe haven status & strong currency but mindful of the lower interest rate and the influence that Europe has over it. I remembered that time during covid when Switzerland had to devalue its currency as Euro has gone down vs CHF which cause unsustainable business pressure for Switzerland.

Surprised that this time around Swiss National Bank actually sold foreign currencies vs CHF (to curb exported inflation) as usually its SNB buying foreign currencies instead. Haven't been following CHF recently.

Another news article on CHF
https://www.reuters.com/markets/europe/snb-...urn-2023-03-21/


abcn1n
post Nov 8 2023, 05:33 PM

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If one were to sell puts (be it in IBKR or other brokerages) and their cash is in auto-sweep account which earns interest, will the brokerages stop paying interest on the 'cash set aside in case our puts are called'?


abcn1n
post Nov 9 2023, 03:41 PM

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QUOTE(Yggdrasil @ Nov 9 2023, 03:07 PM)
Interest is paid on positive cash balance regardless of whether it is set aside for whatever purpose. There is 0 interest on the first $10k. Suggest you put into SGOV instead.
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Thanks
abcn1n
post Nov 10 2023, 02:35 PM

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QUOTE(Yggdrasil @ Nov 10 2023, 01:24 PM)
SGOV is one of the Qualified Interest Income. Although IBKR takes 30% away from your dividend for withholding tax, you will be refunded this 30% around early next year once IRS officially declares the exemption.
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Thanks for info.
abcn1n
post Nov 21 2023, 06:28 PM

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QUOTE(Medufsaid @ Oct 7 2023, 05:03 PM)
possible bug on IBKR. even so, if u manually convert your currency, U$0.35 commission fees is still cheaper than 0.05% for LSE instruments

user posted image

user posted image
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Medufsaid 1) Is it really USD0.35 commission fees for US ETF like QQQ, VOO regardless of dollar amount invested?
2) If LSE commission is only 0.05%, then isn't it very cheap (cheaper than US0.35?) For eg: USD1000*0.05% =US0.5?

abcn1n
post Nov 22 2023, 06:31 PM

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QUOTE(Medufsaid @ Nov 22 2023, 03:07 PM)
LSE minimum is $1.70, or 0.05%, whichever is larger. NYSE pricing can be found here https://thepoorswiss.com/ib-fixed-or-tiered-pricing/
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Thanks. It seems that for small amount, NYSE is better but for larger amount, LSE is better
abcn1n
post Nov 22 2023, 06:44 PM

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QUOTE(Medufsaid @ Nov 22 2023, 06:37 PM)
that's why we use recurring investment to get us $0.35 fee for LSE etfs
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Medufsaid Oh, even for LSE etfs can get $0.35 fee? I was comparing the spread between SPY, VOO and VUAA. VUAA and SPY spread around $0.03 while VOO is $0.1. Expense ratio for SPY 0.09% while VOO and VUAA 0.03%. So if its really $0.35 fee for VUAA, its the clear winner

 

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