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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

I'm new to investing and started with DBS RSP for ETF. Is the indicative unit price at the time I make the purchase be the actual price I'm buying?
Davin
Davin
Level 7. Grand Master
Answered on 13 Mar 2020
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

How do you properly diversify your portfolio for passive investors?
Davin
Davin
Level 7. Grand Master
Answered on 13 Mar 2020
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

Iā€™ve been investing into stashaway and Syfe but what if they decide to optimise the portfolio?
Davin
Davin
Level 7. Grand Master
Answered on 12 Mar 2020
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

Would you consider buying Berkshire Hathaway Stock as being diversified?
Davin
Davin
Level 7. Grand Master
Answered on 11 Mar 2020
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

SCB Online Trading fees for buying LSE ETFs?
Davin
Davin
Level 7. Grand Master
Answered on 11 Mar 2020
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

Best way to DCA into irish domiciled ETFs? (VWRD/IWDA, EIMI, VUSA)?
Davin
Davin
Level 7. Grand Master
Answered on 11 Mar 2020
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

ETF Investing via FSMOne RSP vs IBKR, which is better?
Davin
Davin
Level 7. Grand Master
Answered on 11 Mar 2020
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

Any referral code for standard chartered online trading and FSMone?
Davin
Davin
Level 7. Grand Master
Answered on 11 Mar 2020
I don't think SCB has any referral program. For FSMOne, this is my referral code P0210928.
šŸ‘ 0

Investments

Stocks Discussion

Iā€™m looking to purchase the SPY500 ETF. But Iā€™m looking at an accumulating ETF instead of a dividend ETF, does this mean there is essentially no difference if i buy SPY500 on NYSE compared to on the LSE?
Davin
Davin
Level 7. Grand Master
Answered on 11 Mar 2020
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

What's your opinion on buying US total market ETF and Global total market ETF during current economic condition?
Davin
Davin
Level 7. Grand Master
Answered on 11 Mar 2020
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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