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Davin

Engineer by profession, property investor by passion

Davin

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Engineer by profession, property investor by passion

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Davin

  • Answers (365)
  • Questions (2)
  • Reviews (13)

STI ETF

Regular Shares Savings Plans (RSS/RSP)

ETF

Davin
Davin
Level 7. Grand Master
Answered 3w ago
No, the actual purchase price will be different from indicative price. If you are doing RSP, you should not be too concern about the small fluctuation on the purchase price as it will be averaged out in long run. So far the purchase price is within the range on the day that they purchased the unit. So I'm fine with it.
šŸ‘ 0

Investments

ETF

Bonds

Stocks Discussion

Davin
Davin
Level 7. Grand Master
Answered 3w ago
When you are buying global ETF, in fact one ETF is already very diversified and do not need to split to 3 ETF, because when u buy 3 ETF, there are many overlapping, and the biggest concern is on the transaction cost. However I know some people do IWDA + EIMI to cover developed country and emerging country, which is still okay if your investment amount not too small. Based on your allocation, this is good enough in terms of diversification. Im doing slighly different with global 60%, local 20% and bonds 20%.
šŸ‘ 0

Investments

StashAway

Syfe

Robo-Advisors

Davin
Davin
Level 7. Grand Master
Answered 3w ago
StashAway will only rebalance if the bond allocation go too far off the intended allocation, which they will sell the bond at higher price n buy the equity at current low price. For Syfe, they hv different approach. Basically they will sell yr equities and buy bonds now to reduce volatility. Both are different approach.
šŸ‘ 2

Investments

Stocks Discussion

Davin
Davin
Level 7. Grand Master
Answered 3w ago
I don't treat BRK as diversified like what ETF does. BRK is a company that invest in multiple stocks, if they decide to sell most of the stocks and left with 5 companies due to whatever reason, then BRK became not diversify. Its unlike ETF that will always have a guidelines on max weight of a company.
šŸ‘ 0

Standard Chartered Online Trading

Investments

ETF

Davin
Davin
Level 7. Grand Master
Answered 3w ago
There is this 5% stamp duty for LSE, but it is exempted for ETF. However SCB not able to recognize this but it will be fixed during settlement. U will not be charged this amount eventually. Yr total fees should b 0.25% plus GST only
šŸ‘ 1

ETF

S&P 500 Index

Investments

Stocks Discussion

Davin
Davin
Level 7. Grand Master
Answered 3w ago
All these brokers will make yr transaction fees percentage very high (USD10/285), it's 3.5%!! U need to batch it to quarterly to at least make the transaction fees below 1%.
šŸ‘ 0

Investments

ETF

FSM One

Interactive Brokers

Regular Shares Savings Plans (RSS/RSP)

Stocks Discussion

Davin
Davin
Level 7. Grand Master
Answered 3w ago
FSMOne have the dividend handling fees of min $2.50 (biggest drawback). The forex spread is 0.25%. IBKR dun hv dividend handling fees and almost spot rate. But u need bigger investment amount to make $10 transaction fees worth it.
šŸ‘ 0

Standard Chartered Online Trading

FSM One

Promo Codes

Davin
Davin
Level 7. Grand Master
Answered 3w ago
I don't think SCB has any referral program. For FSMOne, this is my referral code P0210928.
šŸ‘ 0

Investments

Stocks Discussion

Davin
Davin
Level 7. Grand Master
Answered 3w ago
I don't think there is any SPY500 accumulating ETF in NYSE. Pls correct me if I'm wrong.
šŸ‘ 0

Stocks Discussion

Investments

ETF

Davin
Davin
Level 7. Grand Master
Answered 3w ago
I have both in my RSP, IVV and VT. So I just buy with same amount every month, leave it there for 15 years to work it's own magic.
šŸ‘ 0
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Level 7. Grand Master
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