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Bogleheads Local Chapter [Malaysia Edisi]
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rEvivEd-
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Apr 19 2022, 10:20 AM
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Getting Started

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Hi guys newbie to trading here.
My plan to start @ 10K into ETF ( looking at CSPX or VWRA) or is there another ETF or combinations I should look at?
Onwards I’ll prolly DCA into the etf that I am putting into.
Which is the best path / route should I take.
TIA
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rEvivEd-
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Apr 19 2022, 11:00 AM
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Getting Started

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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. by 100 shares you mean , 300USD x 100 unit of shares?
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rEvivEd-
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Apr 19 2022, 04:30 PM
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Getting Started

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Hi guys, just for clarification.
What's a good amount if i were DCA to avoid overpaying fees? Is it a minimum of 6K for each trade? thanks
Sorry bad with calculations
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rEvivEd-
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Apr 19 2022, 05:15 PM
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Getting Started

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QUOTE(Medufsaid @ Apr 19 2022, 04:45 PM) since this question is crossposted here, would this answer suffice? all welcomed to provide feedback Thanks for this. Why is there 2 amount? 3000 or 1500. Don’t quite understand the differences. Sorry please clarify
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rEvivEd-
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Apr 19 2022, 06:30 PM
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Getting Started

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QUOTE(Medufsaid @ Apr 19 2022, 05:25 PM) if every DCA bullet is RM1,500, the transaction cost is 1% of your bullet. if you are able to allocate RM3k per DCA bullet, the cost is 0.5% EDITED. Think I figured it out. thanks This post has been edited by rEvivEd-: Apr 19 2022, 06:42 PM
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rEvivEd-
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Apr 22 2022, 04:06 PM
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Getting Started

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QUOTE(Davidtcf @ Apr 22 2022, 01:34 PM) Agree.. I tried buy 1 Google stock.. now see its price went down 300 USD.. is like a roller coaster ride. Haha. Need to be patient for it to recover. In the same boat as u are brother. Hahah. How long you think the recover gonna take?
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