FT 210922: https://drive.google.com/file/d/1GtT8baAYKj...iew?usp=sharing

Sorry it's dividend reinvestment. Scrip dividend, not rights issues. I confused between the 2.

Last time OCBC rights subscription was in 2014 for the acquisition of Wing Hang Bank.

https://links.sgx.com/1.0.0/corporate-annou...ent_18Aug14.pdf

Ramjade Sorry. I retract my earlier statement on OCBC's rights issue availability. I read through the offering documents for the 2014 rights and it seems like Malaysia is not on the whitelist. All foreigners are excluded anyway.

OCBC 2014 SGX announcement: https://links.sgx.com/1.0.0/corporate-annou...ent_18Aug14.pdf

OCBC 2014 Rights Issue announcement document: https://links.sgx.com/FileOpen/Rights_Issue...VTIRPFSRC71P8XH (See page 6)

This post has been edited by TOS: Sep 21 2022, 01:45 PM

Yuh does not have monthly maintenance fees. You can check the detailed review here: https://thepoorswiss.com/yuh-review/

Hopefully HR is ok with neobanks, otherwise your salary will be wacked by the "pretigious" Swiss banks.

Ya, the Swiss neobanks are pretty much an "extension" of the traditional banking licensees. Anyway, you can try them out and start a new thread on Swiss bank account comparison soon.

--------------------------------

Here's a slightly old post I bookmarked about Swiss WHT reclaim. https://forum.lowyat.net/index.php?showtopi...#entry103087454

It all stated from the link above. Back then I was just curious and it's small talk of some sort. Then with Hansel's encouragement, I started emailing the Swiss Federal Tax Administration for further details about how to reclaim WHT etc. That's how I slowly acquire the necessary knowledge. You can always email the FTA via the link below and a "tax specialist" will reply you within 1-2 days.

https://www.estv.admin.ch/estv/en/home/fta/...patory-tax.html

------------------------------

I have PMed you my LinkedIn and contact details.

I am still a full-time student, so I have free time between classes and sometimes one 1.5 hour class a day. Next time when I start to work, maybe things are different. We shall see then.

There are comments here previously about Wise transfer to IBKR having AML issue. I think it's around 2-3 members getting queries from IB on AML matters and it seems to be USD having problems. (Those members usually use ACH transfer from their Wise USD account directly into IBKR's USD cash balance). The advice from me is the same as Ramjade, you are better off with an SG bank account (Maybank SG/CIMB SG) with your own name and transfer funds from there. Then there is no room for dispute. Fintech are good for transferring funds between Malaysia and SG bank accounts in this case since both receiving/sending party is you, again no dispute.

However, I personally tried transferring CHF directly from my Wise CHF cash balance (no CHF account details, so in terms of AML, worse than those with USD account details) directly to IBKR. I transferred 899.50 CHF (0.5 CHF is Wise transfer fee) and received it in IBKR under an hour around 4-5 pm Malaysia time. Maybe the amount is small and just one-time, so it didn't trigger IB compliance department's alert. In the future, it's best to do double conversion SGD -> USD -> CHF if the amount is large to be safe. You won't lose much as IB's rate aren't too bad.



And as you can see in the date, I started investing this year around end of January.

This post has been edited by TOS: Sep 21 2022, 08:53 PM

FT 220922: https://drive.google.com/file/d/1xJeUo3OoyO...iew?usp=sharing

The safest way to transfer is always from your own bank account over to IBKR. Since the account is in your own name, there is no further dispute. Either TT from HSBC MY (check the total cost though) to IBKR, or use the SGD intermediary route which requires having an SG bank account, then covert SGD to USD from within IBKR.

ACH works too (e.g. with Wise USD account details) but there were past mentions here that the money was stuck with the intermediary banks for some time before being released. It could take days to weeks.

You can refer to this video tutorial by Ziet if you are interested to know how to use ACH to transfer to IB via ACH. Pros and cons are discussed as well.

Fair enough, Wise is only 30k maximum using FPX. But I think he can split over many "tranches".

FT 230922: https://drive.google.com/file/d/1WL9SJ_wsc3...iew?usp=sharing

Companies and Markets selected reads:



-------------------------

For those who like reading, FT Business Book of the Year 2022 Finalists are announced:



----------------------------

FT Lex:

FT Weekend 24-250922: https://drive.google.com/file/d/1DFlMU79zTr...iew?usp=sharing

Selected "Companies and Markets" section reads:



FT House & Home: https://drive.google.com/file/d/1U0Ngi8dJnW...iew?usp=sharing

FT Life & Arts Part 1: https://drive.google.com/file/d/1R6zSrjfYWC...iew?usp=sharing

FT Life & Arts Part 2: https://drive.google.com/file/d/1K3ilBEMvzh...iew?usp=sharing

dwRK



There are lots of food and drinks special reports too. One article discusses plane food, dining at 35000 feet.

IB users can consider US Treasury bills if you don't have access to SG T-bills.

https://forums.hardwarezone.com.sg/threads/...-bills.6813629/



This is a bit misleading if you consider 5 USD min for IB tiered UST. But it also depends on the amount you purchase.






This post has been edited by TOS: Sep 25 2022, 09:32 AM

FT 260922: https://drive.google.com/file/d/1mUcfgL72ZX...iew?usp=sharing

There is an insider interview about Softbank's dare-to-say-"no"-to-Son former executive. Interesting reads ahead.

This post has been edited by TOS: Sep 26 2022, 10:28 AM

IBKR USD cash balance interests will only be paid if you have > 10k USD outstanding balance... https://www.interactivebrokers.com/en/accou...erest-rates.php

New Arrivals in my uni's library, in case you like to read them:

Two and Twenty: How the Masters of Private Equity Always Win

by Sachin Khajuriam, former partner at Apollo.



Brief History of Equality

by Thomas Piketty (famed for his 2013-14 book Capital in the 21st Century, probably a symbol of leftist ideology in Economics)



*Can PM me if wanna read PDF version of both books. You can find them online too or purchase them from your favourite bookstore.

--------------------------

These are also new arrivals, but there are very new and no electronic copies available yet, though you can buy them straightaway online.

The Private Equity Toolkit / A Step-by-Step Guide to Getting Deals Done from Sourcing to Exit

by Tamara Sakovska, former PE investor at major PE firms like Goldman Sachs and Warbug Pincus



Algorithmic Finance: A Companion to Data Science

by Christopher Hian-Ann Ting, professor at Hiroshima University, got his PhD from NUS.



This post has been edited by TOS: Sep 26 2022, 10:48 PM

FT 270922: https://drive.google.com/file/d/1waF46xH71U...iew?usp=sharing

Alan Jope is finally leaving Unilever...

In celebration of the upcoming World Smile Day on 7th of October , something amusing to brighten your day while I read the above book.

The author quoted an old book "Buyout", published back in 2001 and the author, Rick Rickersten, private equity deal practitioner helped translate some "complex" financial jargon commonly encountered in private equity pitchbooks/deal making in layman terms.

Read all these in this "Glossary of Investment Banker Speak". You will find them useful in your own evaluation of companies in the future when conducting fundamental analysis of corporations.

http://buyoutbook.com/bb_excerpts3.html



21 years has since gone, yet surprisingly the "translations" are pretty much applicable to this day.

This post has been edited by TOS: Sep 28 2022, 12:32 AM

FT 280922: https://drive.google.com/file/d/1SgDmu93nxz...iew?usp=sharing

FT 290922: https://drive.google.com/file/d/1EdZu_hiusD...iew?usp=sharing

UK gilt market was nearing a Lehman moment yesterday. Volumes dried up and the BOE just intervened after big banks called up before a fire sale by the pension funds could start.

This post has been edited by TOS: Sep 29 2022, 12:18 PM

FT 300922: https://drive.google.com/file/d/1mIK6uMNFZZ...iew?usp=sharing

Yes that one. Get your IB account set up first and deposit SGD, then we can guide you on how to buy SREITs.

One step at a time is better for starters.

Follow these guides:



https://ringgitfreedom.com/investing/beginn...-from-malaysia/

SREITs are purchased via IBKR or any other brokerage accounts you own.