you'll have to learn how to open sg bank acct. head over here first https://forum.lowyat.net/topic/1440794/latest

i have actually opened a CIMB SG account and linked it via my cimb clicks. I also did a 1SGD transfer. Is that sufficient?

already told you what needs to be done. who told you to only send S$1?

Ultra-processed food...

Nestle shareholders beware... https://www.ft.com/content/0b9ad138-1867-43...a5-7986d5aa66ae

(Paywall-free Archive link: https://archive.ph/od3sw)

This post has been edited by TOS: May 23 2024, 01:31 PM

How are Microchips Made?

https://semiwiki.com/forum/index.php?thread...ips-made.20250/

An interesting read in today's Unhedged. I learnt a new financial engineering technique called "opco-propco".

https://archive.ph/oxgLQ

A REUTERS SPECIAL REPORT: Maker of Wegovy, Ozempic showers money on U.S. obesity doctors

https://www.reuters.com/investigates/specia...ordisk-doctors/

More cool stuffs from Reuters' Investigation: https://www.reuters.com/investigations/

Good news for TSMC shareholders: https://www.chinatimes.com/realtimenews/202...headl_p04&chdtv

They have a new customer: Google's mobile phone division. (The cloud computing side already has its TPU chips manufactured by TSMC back in 2016).

Original article: https://www.androidauthority.com/tsmc-tenso...xel-10-3445056/



This post has been edited by TOS: May 27 2024, 12:02 PM

are we allowed to buy US govt bond on IBKR?

if yes, will the interest received upon maturity hit by 30% tax?

Hi, yes, you can buy US Treasuries directly on IBKR or via ETFs.

To buy directly, you may search for "US-T" in the Order Entry window on the Trader Workstation or Bond Scanner if you use the web portal.

For ETF you may just consider BIL ETF and search for ticker "BIL" just like any other stock.

do u foresee an issue if someone sells their LSE etf to buy US stocks? since LSE will only move to T+1 only 3-4 year later. you might end up with negative cash balance for 1 day

This post has been edited by Medufsaid: May 28 2024, 11:40 AM

Ah good question. I think the cash balance has to be top-upped by borrowing... I Googled "UCITS settlement" and I found a bunch of documents.

https://www.efama.org/sites/default/files/f...0Regulation.pdf

https://www.etfstream.com/articles/etfs-ris...-1-misalignment

https://www.euroclear.com/newsandinsights/e...1-for-etfs.html

https://www.arthurcox.com/knowledge/implica...or-irish-funds/

I personally don't like the complicated nature of UCITS so I stick to VOO, QQQ etc. over on the US side. Now with settlement period mismatch and potential borrowing and lending behind the scenes, these contribute to an even stronger motivation to stay on US onshore.

This post has been edited by TOS: May 28 2024, 11:51 AM

Our friend over at Semiki did a great chart on TSMC's data center AI chip business roadmap:



Source: https://semiwiki.com/forum/index.php?thread...-roadmap.20275/

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

The money is rolling in... https://semiwiki.com/forum/index.php?thread...o-triple.20271/



This post has been edited by TOS: May 28 2024, 05:17 PM

Bloomberg Opinion | David Fickling, Columnist

Why Nvidia, Not Solar, Has a Place in the Sun
Business are the difference between outsized success versus eking out a profit margin in two high-growth industries.

https://archive.ph/G5rgW

USD JPY carry trade has returned traders 18% in the last 12 months.

https://finance.mingpao.com/fin/daily/20240...b%9e%e5%a0%b118

Hey guys does anyone know an efficient way to replicate the Wise -> IBKR transfer method for a recurring transfer (for the purposes of automating a recurring investment within IBKR?).

Currently, I have a recurring investment via my Wise account through the wise website, but it will send it via Wire transfer instead, and is subject to a 4 day holding period on IBKR.

From my understanding, there is no holding period if you initiate the transfer on the IBKR site by using the 'Transfer from Wise Balance' method (but I cannot seem to make it recurring).

Anyone have any suggestions as to how to minimise the holding period while keeping the transfers recurring/automatic?

This post has been edited by daidzz: May 30 2024, 03:22 PM

daidzz your source of funding is, "salary received as USD" in wise acct? or MYR fpx into Wise

Currently it is:
Salary received in MYR bank--> Recurring transfer in MYR from bank to Wise MYR acccount --> Wise sends a recurring fixed MYR amount, in USD, to IBKR --> IBKR initiates recurring investment

But this method means that the Wise --> IBKR is sent via Wire and subject to a 4 day hold.
However, initiating this from IBKR, using 'Transfer from Wise Balance' has no holding period, but basically has no option for it to be recurring.

Wondering if anyone has figured out an efficient/optimised way to get around this to minimise the holding period

Hello guys, I'm looking to buy some Ireland-domiciled ETFs on IBKR.

I have changed the pricing structure to tiered.
But when I'm just prodding around in the app using the calculator icon, the sum showed is more than $1.9 and increases with the size of the investment amount. Can somebody tell me how much they acutally charge and how much should I invest to make the most out of it?
Is a monthly DCA of around RM1,000 - RM1,500 makes the fees worthwhile?

Thank you!

Hello, you should ask in the IBKR thread over here https://forum.lowyat.net/topic/4843925/+7700

With the T+1 settlement in US onshore market and thus the mismatch with UK/Europe's T+2 settlement, it's best to stick to onshore US market ETFs like VOO, QQQ etc. for peace of mind...

I don't buy using the app so can't comment. But if you use the Trader Workstation software, you get to choose which exchange to route your orders to. It's generally advised to choose ECNs like Turquoise, CHI-X or BATS Europe as their charges are cheaper compared to the original electronic boards/exchanges whose stocks are listed.

DCA-wise, let me ping Medufsaid.