Should be able. Follow the instructions in the link

Buying etf yes. Buying treasuries directly no tax. Cause etf is like a stock.

Ok. Didn't know that.

Margin just help you to speed up the settlement date. You don't need to wait for T+2 for settlement and can straight buy and sell. As long as your cash balance is positive, you will never get charged in margin.

I am still on IBKR UK.

I diont think it's USD25. I believe it's USD25. Then intermediate bank take another cut.

This post has been edited by Ramjade: Oct 17 2023, 10:45 PM

I did change from whitelabel. Only laszy to move it to ibkr us llc. Maybe one of these days when I am free.

USD4.50/month.

Don't know la. I believe cheapest route
RM-> SGD via moneymatch/money changers -> sg bank acocunt--> SGD into IBKR -> convert to USD via IBKR

Nah for you. Wise is not the cheapest route if you are doing large amount and doing it for long time. Also US stuff got 30% dividend tax yo. Keep in mind. To avoid 30% dividend tax by Ireland based etf. It will cut your dividend tax to 15%

I said many times in many places. If you want highest return, go with QQQ. Their return have always been more than S&P500 butord volatile. If you cannot stand volatility, then stick with S&P500. Ireland version of QQQ
https://www.reddit.com/r/singaporefi/commen...lent/?rdt=63973

US etf if you want to do options.
Ireland version if you don't want options and save 15% on dividend tax.
CSPX (non fractional shares) or VUAA (lower price and support fractional shares)

Once you get 100 shares in US, you can easily do options to get back your 30% tax and more. Not everyone wants to do options.

This post has been edited by Ramjade: Oct 23 2023, 10:11 AM

Well would like to tell you "I told you so"

Qqq is more diversified.

Bro you didn't pay attention in xuzen class? He already talk about this last time.

I repeat what he said. Come I take you back to history around 7 years back for his class.
All global funds will have 40-60% exposure to the US. Out of that exposure at least 20% will be make up of FAANG stocks. So why waste money buying global or US stocks. Focus on FAANG. That's why I buy TA global tech over what global fund. You want exposure to other world buy specific unit trust like India, or china focus.
His words. Not mine words. Not 100% like that but more or less.

Same thing. Only difference is
1. Unit trust fees is ridiculous at 1.5-1.8p.a% Vs etf at 0.07%p.a
2. ETF is actively traded like a stock but passively managed while unit trust price is delayed.
3. You won't beat the market or underperformed it. You will get market return.

This post has been edited by Ramjade: Oct 23 2023, 05:34 PM

And if you want to save money Vs giving the banks/your banker free money, go open up a sg bank account and transfer SGD via FAST into interactive broker.

All can be done via online.

This post has been edited by Ramjade: Oct 23 2023, 05:53 PM

Buy the lse one.

There's always cost. Is whether you want to give your banker/banks free money or you want to save the money so you have more to invest overtime. I posed I think few post before this on getting the best foreign exchange.

Lastly I don't do ETF But choose any one whether it is cspx (most popular and longer established s&p500)or vusa as long as it's Ireland based to get 15% savings on your dividend tax.

This step.

1st step. I would not convert back my money unless you really need it. SGD4.0 is coming in few years time.

This post has been edited by Ramjade: Oct 30 2023, 11:43 AM

Please don't care about interest cause your options premium earned > interest paid. Regardless of they pay interest or not paid, you shouldn't bother yourself. Please don't can't see the forest for the trees.

That's my stand. I don't care if they pay me interest or not.

Whether they pay or not, that I don't know and also don't care cause my premium earned is more than interest paid.

This post has been edited by Ramjade: Nov 8 2023, 07:08 PM

Open tiger broker and dump into Fullerton SGD cash account.

Based off exchange. Some exchange more expensive but faster execution. Some exchange cheaper but slowe execution.

It doesn't matter if same or not. It's the exchange that ibkr route the order through.