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 Bogleheads Local Chapter [Malaysia Edisi]

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rEvivEd-
post Apr 19 2022, 10:20 AM

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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
rEvivEd-
post Apr 19 2022, 11:00 AM

Getting Started
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Junior Member
109 posts

Joined: Mar 2009
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.
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by 100 shares you mean , 300USD x 100 unit of shares?
rEvivEd-
post Apr 19 2022, 04:30 PM

Getting Started
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Junior Member
109 posts

Joined: Mar 2009
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
rEvivEd-
post Apr 19 2022, 05:15 PM

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Junior Member
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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
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Thanks for this.

Why is there 2 amount?
3000 or 1500.

Don’t quite understand the differences.

Sorry please clarify
rEvivEd-
post Apr 19 2022, 06:30 PM

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Junior Member
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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%
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EDITED.

Think I figured it out.
thanks

This post has been edited by rEvivEd-: Apr 19 2022, 06:42 PM
rEvivEd-
post Apr 22 2022, 04:06 PM

Getting Started
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Junior Member
109 posts

Joined: Mar 2009
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.
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In the same boat as u are brother.

Hahah. How long you think the recover gonna take?

 

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