Up to 10% of your portfolio can put into Stablecoins to earn 15-20% APY. If got guts can try Anchor Protocol for 19.5% (myself I'm using USDC in Finblox for 15%). Our latest discussions here: https://forum.lowyat.net/topic/5263492/+30

As to gambling in Bitcoin or other cryptos, I would suggest short term trade. Right now don't see them shooting up like last time. Or can avoid this altogether and just focus on stablecoins. IMO USDC is the safest due to tied to real USD and treasuries. I have less trust on algorithmic stablecoins like UST (Anchor).

This post has been edited by Davidtcf: Apr 28 2022, 10:38 AM

It might go down even lower. Estimate another 4 more times interest rate will rise by Fed. As long inflation level is high.

You can prepare by putting some cash in IBKR, to prepare to buy when u feel it's the right time.

Yea if you invest long term 5-10 years at least shouldn’t be a problem. Will recover any paper losses that time.

US economy will stabilise once inflation back to normal and Fed calms down. Ukraine war can’t last forever too..

BRK.B wanted to buy these before.
Then I see Warren Buffet’s age.. I think twice.

Waiting new leadership takes over first, and proven stability before I’d invest in it.

not true, your returns from VOO will be lower than that of VUAA/CSPX due to the 30% tax on dividends. For VUAA/CSPX it will be 15% tax on the accumulated dividends which is lower. Short term you do not see much difference in the % gained, but long term wise after many years it will be apparent. For countries with tax treaty with US or US citizens, they will able to claim back part of those dividend tax or offset them.. for us, EU and Singaporeans investors that has no tax treaty with US, it will be an extra 15% loss for us each time when dividends are paid out.

This is even more apparent for ETFs like VOO as they are distributing the dividends. Every time you receive dividends it already has an extra 15% tax charged to it.

Better stick to Irish domiciled types like VUAA/CSPX. Currently no way to buy them via brokers in Malaysia, so have to use brokers like IBKR to do so.
The part we will be charged higher is the transfer fees from Malaysia to US. Even using Wise to IBKR has some fees, but most people prefer transfer from Wise to CIMB SG, then to IBKR pay USD2 per conversion to USD (spot rate). For long term investing then it is worth it.

This post has been edited by Davidtcf: Jun 3 2022, 10:26 AM

also if you buy VOO via our local brokers like Rakuten, will end up paying more also due to their high FX spread. Rakuten also requires every buy and sell be converted back and forth to MYR. You'll lose 2 times via currency exchange if buy via them. Other brokers I'm not sure.. but so far don't hear any good stories about them also.

So in the end IBKR still cheaper. Can watch more youtube videos on why they are the best now. Check "Ziet Invest" videos on this also.. he also got explain why Irish domiciled is better.

Then lastly another method is via robo advisors. They will charge management fees of around 0.7-1% a year. They will buy US ETFs only due to larger market cap, lower broker fees, and faster execution. This 0.7-1% will add up as years go by.

This post has been edited by Davidtcf: Jun 3 2022, 12:45 PM