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Bogleheads Local Chapter [Malaysia Edisi]
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cucumber
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Feb 15 2022, 09:25 AM
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Great thread! Thanks for starting one.
I have a question.
I know IBKR is probably the preferred broker for most for its low fees, can buy Irish Domiciled ETF like VWRA and if you are buying US ones you get to DCA by buying fractional shares.
Personally, I don't feel comfortable putting all my money in a single broker (not to mention outside of Malaysia).
So I'm curious, do you guys diversify / split to different broker accounts? If yes, what do you use and what are you favourite funds? VWRA, VTI+VXUS, VT?
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cucumber
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Feb 15 2022, 11:17 AM
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QUOTE(Hoshiyuu @ Feb 15 2022, 10:55 AM) At the moment due to needing access to London Stock Exchange, many brokerage are unsuitable candidates for me... Syfe Trade/Futu Moomoo/eToro have access to VWRA. So the closest thing I can get is VWRA via Syfe DIY portfolio, which charges a hefty fee on top of the base ER. So, not much choice here unless you want to bite the estate tax + 30 withholding tax bullet. Thanks for sharing, I didn't realize Syfe and Futu Moomoo have access to VWRA... I'll check that out. Yea, want to avoid estate tax + reduce the 30% withholding tax if possible, IBKR is the best so far. What about TDAmeritrade? Doesn't seem very popular around here for some reason. This post has been edited by cucumber: Feb 15 2022, 11:18 AM
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cucumber
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Feb 15 2022, 11:22 AM
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QUOTE(Hoshiyuu @ Feb 15 2022, 11:20 AM) Sorry, sorry! Made a typo, I meant to say they have no access to VWRA to my knowledge. Not familiar with TDA myself, generally when it comes to foreign brokers, non IBKR loses a lot of money on deposit and forex alone... Ah ok no worries. Thanks
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cucumber
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Apr 1 2022, 09:13 PM
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QUOTE(Icehart @ Apr 1 2022, 08:34 PM) Oh not sure if I can be considered bogglehead? I have $20,000 options in SPY 600D strike $5,000. Wait SPY $5000? You mean $500 strike? That's like a LEAPS strategy right?
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cucumber
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Apr 19 2022, 11:15 AM
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QUOTE(Ramjade @ Apr 19 2022, 10:58 AM) If is me personally, I will just buy QQQ. Once it reached 100 shares, just sell covered calls on it to generate weekly/monthly income in place of dividends. Do you have any particular strategies when selling calls? How often does your shares get called away? This post has been edited by cucumber: Apr 19 2022, 11:17 AM
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