Good news for Swiss stock investors. You can file for WHT refunds for 3 years but send the forms only once at the 3rd year. So save some postage fees.

Also, with regards to bank charges (e.g. TT fees), FTA will send the money from Swiss National Bank without any charges. But watch out for potential incoming fees when the money is routed to your account via potential intermediary bank (I guess during the SWIFT transfer).





This post has been edited by TOS: Mar 21 2022, 07:17 PM

Hello. Are you a newbie to investment as a whole or just specifically IB?

If newbie for investment as a whole, then I suggest books and daily reading of newspapers or financial news website for a start. Otherwise if just new to IB, David has shares some stuffs with you. The IBKR knowledge base and official website are also good for reference. Lastly, you can refer any issues to customer support by creating a new ticket.

As for the forms, for starters, you will sign a W-8BEN form for the 30% dividend witholding tax on US stock dividends when you open the account and opt to enable permissions to buy shares.

The screenshot you showed should be from this page: https://www.bnm.gov.my/fep. You don't need any application in general depending on whether you have borrowed anything (via loans, mortgage etc.) currently:



If you have no debt obligations, you are free to invest any amount. Otherwise, the limit is 1 million ringgit. The screenshot is only applicable if you don't belong to individuals stated above. If you read carefully the line just above your screenshot:



I think it's better to confirm if he is a newbie in investment (the subject) as a whole or just specifically IB. Referral codes are not and should not be the main thing for a complete newbie to bother, at least in first place...

FT 220322: https://drive.google.com/file/d/1SKDqadVKTW...iew?usp=sharing

And one from 香港明报:



罗富家族 refer to the Rothschild family (Mayer Amschel Rothschild is the first generation who kick-started the Rothschild banking dynasty.)

https://en.wikipedia.org/wiki/Rothschild_family

This post has been edited by TOS: Mar 22 2022, 01:03 PM

FT 230322: https://drive.google.com/file/d/1aS9RonnXaA...iew?usp=sharing

Today's 香港明报 column is about private banks' business model.



I like the last line, a popular "story" on Wall Street:

A yacht promoter promotes his yachts: This yacht belongs to that banker, that yacht belongs to this fund manager, the buyer asks: "Where are their customers' boats?"

This post has been edited by TOS: Mar 23 2022, 02:07 PM

Free things don't come easily. The "free" IBKR Lite and Global Trader service is for US residents only.

https://www.interactivebrokers.com/en/index.php?f=commission

https://globaltrader.interactivebrokers.com/en/features.php (scroll to bottom:



For others, you can only choose tiered or fixed pricing. Initial account setup will default your account to "fixed pricing" where the minimum commission charges is 1 USD. You need to switch to tiered pricing to enjoy a lower minimum per order of 0.35 USD per order.

Yes, if you count explicit costs (front-end fees and commission). But there are "back-end" payment of order flow charges reflected in your stock purchase/selling price. Also, some others complained about funding TDA before.

https://www.tdameritrade.com.sg/why-td-amer...nd-funding.html

If you have bank accounts in SG, life would be easier for you.

This post has been edited by TOS: Mar 23 2022, 04:18 PM

Hmm I don't know about that. You can ask here though. https://forum.lowyat.net/topic/4963971/+240

However, note that some in the past say SG account means you are not subject to US estate tax, some say they are affiliated with US, so there are estate tax.

A rare article on Air Liquide (EPA.AI) from WSJ

https://www.wsj.com/articles/a-gas-giant-ma...share_permalink

Can check from 7:13 in Ziet's video below:



But some members have observed that the advertised rates from Wise pre-login is different from that after login when you really start the transaction. Just take note of that.

FT 240322: https://drive.google.com/file/d/1iGJHpE-iXx...iew?usp=sharing

dwRK

Just curious, have you sold all your oil counters or you are still holding on Shell, XOM etc.?

This post has been edited by TOS: Mar 24 2022, 09:43 PM

Just trying to justify BRK-B's decision to buy more Occidental Petroleum...

So far I am a happy BRK-B shareholder on a 25% paper gain but I have difficulties putting myself in Buffett's shoes haha

At least you are thinking of exiting, but Buffett is adding more...

This post has been edited by TOS: Mar 24 2022, 09:07 PM

So your TA indicates fall to where hah? S&P levels of 39xx? 36xx?

for all these xs and ys. I have some spare cash. So just sit and watch.

I'm still the old school buy and hold type.

I can see your risk profile is getting close to that of Ramjade hah.

Anyway, I am also happy with my 2 shares of NVDA today popping today.

FT 250322: https://drive.google.com/file/d/1639-xot8PU...iew?usp=sharing

FT Last week weekend (26-270322): https://drive.google.com/file/d/10FJMbG8YX9...iew?usp=sharing

FT 280322 (today): https://drive.google.com/file/d/1RPrW3kuLnS...iew?usp=sharing

WSJ Exclusive: Lawmakers Launch Probe of Credit Suisse Compliance With Russia Sanctions

https://www.wsj.com/articles/lawmakers-laun...share_permalink

Barclays Trips Itself Up: https://www.wsj.com/articles/barclays-trips...share_permalink

Yandex, Russia’s Internet Giant, Struggles to Dodge Geopolitics: https://www.wsj.com/articles/yandex-russias...share_permalink

FT 290322: https://drive.google.com/file/d/1whkj-zyAZc...iew?usp=sharing

File size reduced, now can read directly from G-Drive.

This post has been edited by TOS: Mar 29 2022, 12:55 PM

That's very fast. Mine is usually 30 min to an hour. When did you often do the transfer? Is it during office hours/lunch time/morning/afternoon?