dwRK US Treasury UCITS is 0% right?

For Irish domiciled US bomd ETF, it should be 0% right?

One moderator from HWZ says that IB01 allows you to bypass all the withholding and estate taxes.

https://forums.hardwarezone.com.sg/threads/...#post-149574191

Why?

But i wont be withdrawing often. I only plan to do it in maybe 10 years but wanted to test it out now to see how it works. Thats why need someone who is familiar with IBKR to Maybank transfers.

cybermaster98 2nd half of the video. timestamp 7:40 onwards

I only remembered that ziet did this video after melondance mentioned it. At least now I know where to refer ppl to if they ask for this. This will be Plan C. Plan A =Cimb sg->Cimb my, Plan B = wise.

Plan B I suspect I'll rarely use due to expensive wise fees, what more Plan C

During the recent TD Ameritrade SG shutdown, I managed to get my account transferred to TD Ameritrade USA. However, I learnt that they do not allow foreign account holders to name any beneficiaries.

Upon checking with my Will executor, they said the repatriation of any assets from the US normally is quite troublesome and may take years and lot of costs involved. So now I am mulling closing out that account, bring back funds to Malaysia in USD and then open an IBKR SG account.

USD now is RM4.65, a drop of 5% (5% is the annual returns in RHB MCA I think) is RM4.42. If lower, then you'll actually start losing money.

So, normally ppl exchange into USD to buy US stocks

IBKR CS replied that when IBKR deducted the GBP cash in my account for the Preferential Offering, the forex conversion to GBP was not yet settled at that time, so I need to pay interest to IBKR.

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Well, I can understand that we should wait T + 2 working day, for the trade of stock to be settled, before we can proceed to perform further trading of the stock, such as selling the stock. However, the forex conversion in IBKR should immediately be settled, and the SGD cash in my account was already deducted to pay for the forex conversion.
Moreover, I did not withdraw GBP cash out from my IBKR Cash Account, because GBP cash was used to pay for Preferential Offering.
I just cannot really understand why we should wait T + 2 working day, for the forex conversion to be settled.

No. The objective is not to earn more profits. The objective is to trim to get out of later positions (currently in the green) which will go negative once the market corrects. So instead of holding some negative positions, ive trimmed them to increase my cash balance in order to buy in lower later.

now the mystery is why i don't see this in my SGDUSD conversion. currently i'm (like many here) exploiting the "recurring investment" bug/loophole to convert SGD to USD for free upon stock purchase. i've been manually duplicating all entries to my Excel after that commission fee bug that i see in monthly/daily report

hmm..https://www.reddit.com/r/singaporefi/commen...y_user/jpy65z7/

ok this doesn't make sense either as I bought $IBIT immediately after manually converting to USD in mid Jan.

When does the interest get reflected in statements?

The sentence in bold is what you (and others) keep repeating without providing the WHY

Re-entering at a higher price point doesn't lose me any money for sure UNTIL there is a correction/crash (which happens more often that most ppl anticipate) and then those positions go negative (again no loss because its still on paper) but it does lower my buffer.

ibkr if i buy singapore stocks today, when must i pay?

does it use my existing shares as collateral

Anyone knows if 6 to 7 digit amount of funds in IBKR.. When withdrawing won't have any issues?

They're definitely funds which have paid tax.

I don't want to see problems where it's frozen by banks or there are issues happening. Hence. Till today I never dare to park so much funds outside a country that'll go back to my bank account eventually.

Having fun with WCRS function on Bloomberg to compute carry trade returns using different currency pair... Look at MYR... 

if you have more than $25k in assets, can switch to margin account where u can daytrade without waiting for cash settlement

https://www.interactivebrokers.com/en/tradi...rgin-stocks.php

i haven't turn on margin trading as there's supposedly a bug affecting half of those who are doing recurring investing (probably fixed by now). funds don't get auto converted from SGD to USD and IBKR assumes they want to borrow USD

dwRK do refer to my post below https://www.reddit.com/r/singaporefi/commen...ibkr_recurring/

When the Client enters a foreign stock transaction, Credit Manager checks the associated currency account for availability:

If foreign currency is available – Credit Manager permits the stock trade and debits the currency account
If foreign currency is NOT available – Credit Manager creates a Margin Loan using base currency as collateral and THEN permits the transaction.

Hi i have a question. Does state street publish a list of their qualified interest income funds? For eg if i buy their etf composed of only US corporate bonds it should be a qualified interest income right?