No available china industrial ETF to buy.. No idea which stock to start with also. All of China ETF contain tech inside.

for irish domiciled ETFs, the normal trading hours follows British working hours time?

As a boglehead, there are a couple of investment philosophy i believe in.
1. Long term buy and hold is the best policy.
2. Costs is BAD. Therefore frequent trading just increases cost.
3. Diversification ie. Buying the whole market to hedge against all scenarios (as much as possible)

I dont pretend to be better than the anyone else in stock picking; over long term, the "best" active managers has NOT done better than a passively held whole market low cost ETF.
I dont know whats the next top stocks or what the interest rate going to be. Nor do I care to crack my head trying to research them.
Investing is ensure more free time to do what is important to me and have a good night's sleep without looking at what the stock markets are doing on a regular basis.

Sometimes it is wise to diversify investment instruments. ETF mutual fund individual stock etc. For China ETF I think HKEX quite a lot but if you use IBKR the fees not that cheap. IBKR mainly for US trading. Tiger moomoo also not cheap basically HKEX China A shares yet to find cheap 35 cents fee.

I am eyeing HKEX Global X Electric Vehicle ETF although in SGX NikkoAM also launch one equivalent to compete. EV not tech correct?

Depends on where the Irish domiciled ETF is listed. If you buy it on LSE, then follow LSE trading hours. If listed on Deutsche Borse, then follow Deutsche borse trading hours.

If listed in Mexico, then follow Mexican Bolsa trading hours.

This is LSE trading hours: https://www.tradinghours.com/markets/lse/hours You can find other exchanges' trading hours too on the same website.

This post has been edited by TOS: Apr 9 2022, 01:37 PM

Our philosophy are the same.

It's not saying it is impossible to analyze and the company and the economy, just I think that it will take too much effort from us to do so in order to outperform the market. Unless treat it as a intellectual challenge or passion then I guess it is fine.

That's the spirit. Buy and hold the entire haystack, earn average return, don't take uncompensated risks, be productive in life instead. Check account upon retirement

Just an open question, for those opting to buying stocks/ETF via foreign trading platform, what's your plan for estate planning just in case we KO unexpectedly/prematurely? Does your family members/spouse have the capability to manage your portfolio/repatriate your money back to Malaysia by themselves?

This is the only factor that prevent me from investing big amount in foreign trading platform and opt for local robo/local based US trading platform

You ask a valid question but based on what I guess from the active readers in here they are not that old like those 50-60 for which I am joining soon. They are at best late 30s? Hope to read a reader in age 50-60 comment as your question will apply higher probability for them?

As for me let me reply I share the same view as you which is why I have yet to DIY via foreign brokers prefer a local. To access overseas just use local broker like FSM Spore,Endowus for ETF,stocks etc.

Not exactly as you need to see their core business

BYD is consider industrials even though they are EV direction now

Nio , Li Auto or Xpeng are considered tech companies in USADRs

I think COVID changed the perception that only old fellas die first hence the lack of focus on estate planning. Imagine that you're in your 30s with young family and passed away due to Covid and most of your assets are in oversea with your spouse not familiar with all these financial stuff. Can't really imagine the hardship the young family has to suffer

Hmm, I am a little on the younger side, so I'm not sure how valid my opinion is, or perhaps people would think less of me for being on the paranoid side, but I'll share it anyway.

First of all, I invest primarily in VWRA, an Irish-domiciled ETF. I will never have an holding of more than 60k in US stocks/ETF/cash in my IBKR account so I shouldn't be liable for any US estate tax concerns.
I've told my close family that I have foreign investment, and that in the event of my demise, they are free to help themselves to it, at least I would have paid for my own funeral.

As a backup plan, I've also prepared a document detailing my access info, screenshots of how to liquidate my portfolio, my withdrawal routes, as well as instructions on how to contact IBKR for assistance should they are unable to or unwilling to pretend to be me and access my funds. Of course, there's always an option to proceed with my will and death certificate to access it legally - if it does come to this, and they find it worth the trouble.

The document is then stored in an encrypted volume requiring PASSWORD_A, attached to my gmail on scheduled send in 6 months, and also stored in a physical thumbdrive, mentions that password will be emailed in 1 month.
Then in another gmail account, PASSWORD_A is also on scheduled send in 7 months.
Then, I set an reminder to myself to renew the send date every 5 or so months to keep it from sending out until I die, acting like a dead man's switch.

This should keep my access detail safe even if I made a mistake now and then (e.g. forget to renew encrypted volume send date), stolen, or my relationship with my family deteriorates in the future.

If it sounds mega paranoid, it is. I am a selfish person and my benefits should always comes first above all else. I wouldn't trust a second soul to access any of my finances as long I am still alive. I've seen enough bad story regarding family and money as it is.

TL;DR: Family is aware of where I am invested, will have access to my investment as soon as my death certificate is issued, or in 7 months as a backup.

This post has been edited by Hoshiyuu: Apr 10 2022, 06:08 AM

Well, that is alot of work. But needed none the less.

👀

I’ll pass for China till more good news arrive for their administration:
https://tfiglobalnews.com/2022/04/09/china-...ican-investors/

Just another just in case scenario,... What if you did not die but just incapacitated,... Unable to communicates.... Does Yr family members has access to Yr password so as the liquidate some investment money for you to use?

From what he wrote it seems he will not share his passwords as long he’s still alive. Meaning using lawyer letter or death cert to claim those investment. If so it will incur 40% estate tax if investments are in IBKR.

If you trust your loved ones enough then you can share the logins. Even if they were to access and sell all your shares they can’t withdraw to their own account.. need to withdraw to account with same name.

But sometimes is not about the greed part.. is how some family members might make noise, lecture you, keep probe and criticise etc type. If so I understand why some would not want to share their logins also.

This post has been edited by Davidtcf: Apr 10 2022, 11:41 AM

Cuuently my spouse has my bank access password n the token unit (for TAC).

It's just a one time setup, I believe it took me a day to get everything in order - maintenance is about 5min every 5 or so months. It's alright I guess? I tried to minimize the effort needed to maintain it so I would maintain it, haha.

Well, if I am incapacitated enough that I couldn't reset my dead man's switch, they would get access to my account in 6 months. If I am incapacitated to that point I would be at their mercy regardless, which I do hope I will have a good enough relationship to be in their care without being taken advantage of.

My will is only applicable at my death, and I believe estate tax will not be applicable to my fund in any scenario. Unless you have something in mind that I may have missed? I would very much appreciate the advice.

This post has been edited by Hoshiyuu: Apr 10 2022, 12:19 PM

Sorry, my bad. May be I misunderstood your earlier post. I thought you are saying only ETF has issue but not mutual fund. That's why I want to point out that mutual fund also has other issue. It's cool. Thanks for sharing the same view.

WAIT till you get married then you will change your mindset of this

I wonder how on earth you gonna setup your EPF nominee with such mindset