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Jonathan Chia Guangrong

IMPossible X Investor. JCG Fund. Case Manager. 100Angels. REIT builder. Closet audiophile. ISFJ. Type 5.

Jonathan Chia Guangrong

Fund Manager at JCG Fund

About

IMPossible X Investor. JCG Fund. Case Manager. 100Angels. REIT builder. Closet audiophile. ISFJ. Type 5.

Credentials

Fund Manager at JCG Fund

Jonathan Chia Guangrong

Fund Manager at JCG Fund

  • Answers (770)
  • Questions (2)
  • Reviews (6)

Stocks Discussion

ETF

S&P 500 Index

Investments

Brokerages

FSM INVEST EXPO 2020

Td Ameritrade, interactive brokers and Stanchart are the common ones discussed here. I've been using TD Ameritrade and it's a great platform. Straightforward, simple to use yet it has powerful charting tools. No hidden fees, no monthly minimum fees, no inactivity, custodian or platform fees. For interactive brokers, the commission for retail investors is cheaper than Td Ameritrade (unless you got a community rate) BUT there are more fees involved. Minimum monthly, live data feed fees. Not sure if there are others as I personally don't use it. This is gathered from my brief read through some time back. I've not used Stanchart though I have an account. Someone mentioned the fx spread is horrendous. Can't comment further. If you want to buy into the S&P500 and hold long term, consider VOO or IVV https://stockanalysis.com/what-is-the-best-sp500-etf/ listed in the US market. Any one of the 3 brokers I mentioned will allow you to buy these etfs.

Investments

S&P 500 Index

NYSE (New York Stock Exchange)

Stocks Discussion

FSM INVEST EXPO 2020

AutoWealth

Robo-Advisors

So far I don't think there is a way to passively / automatically dca into US stocks. At least cheaply. Most likely you will need to do manual dca into the platform. For US stocks, consider using TD Ameritrade or interactive brokers. If you are not sure what to buy into, either use an Etf or a robo advisory.

Wedding

SG Budget Babe

Depends on how close you are to your friend. As mentioned by others here, you should at least cover the cost of your seat. Can research current estimated table prices here: https://singaporebrides.com/wedding-banquet-price-list/ Oh and if you are close to your friend, consider adding more.

Insurance

Whole Life Insurance

Term Life Insurance

Critical Illness (CI)

Premiums will depend on a few factors. Age, current health status, family's medical history, benefits applied for and how each different insurer's actuaries calculate their pricing models. You can consider starting off with this article on investment moats: https://investmentmoats.com/budgeting/insurance/cheapest-term-life-insurance-in-singapore/. Other than this, you need to find a FA (not tied financial advisor) to do a needs analysis and offer a comparison of plans and premiums from the different insurers.

Stocks Discussion

S&P 500 Index

NYSE (New York Stock Exchange)

FSM INVEST EXPO 2020

He won't be impeached and the dems won't have their way. Besides a slight blip if I recall when impeachment was announced, market has mostly shrugged this off and moved to greater heights.

Lifestyle

Career

FIRE Movement

I got an anti library of books, media and games to go through. Like you, I'm also working towards an early retirement or at least have the option not to rely a day job. Would love to travel through Japan in its entirety as well.

Stocks Discussion

FSM INVEST EXPO 2020

Investments

You came across this from flash boys? Don't think it exists here as operators of dark pools will benefit from high volumes of transactions. Believe the local market is too small for brokers to even think about dark pools. There's also the ethical / legal aspect to consider. Not sure if sgx will be in favour of this sort of setup.

Investments

ETF

S&P 500 Index

Stocks Discussion

FSM INVEST EXPO 2020

Online Brokerages

Hi there. As VOO is listed in the US market, you need a broker that allows you to access this. Common ones discussed here are Td Ameritrade, interactive brokers and Stanchart. It will boil down to how much volume you are looking at when it comes to determining the platform to use. Personally I use Td Ameritrade and besides the commission fee for share transaction there are no other fees involved. Platform is straight forward to use and it has a powerful charting tool built in. The mobile app is great as well. Taxes wise, there is no capital gains tax. There will be dividend withholding tax of 30% applied to dividends received; this is automatically applied and the dividend credited into your brokerage account is already net of this. There may be estate tax involved if your account size is 60k and above. Not sure if using a joint account will go around this so best to check with your tax consultant.

FSM INVEST EXPO 2020

Stocks Discussion

FSMOne Fundsupermart

S&P 500 Index

Robo-Advisors

ETF

If you just want to buy and hold the S&P500, consider buying into an Etf that does so with low fees - either VOO or IVV https://stockanalysis.com/what-is-the-best-sp500-etf/. Either of these cost about 0.04% a year which is a fraction of infinity's annual fees. Avoid infinity unless you like paying for convenience (traded in sgd). Do avoid s27 that is listed on the sgx as it does not have good liquidity. May be an issue when it comes to selling off your holdings. For robo advisory, you can't really choose the etfs so you will end up with a mix of different ones, depending on your risk profile.

Stocks Discussion

FSM INVEST EXPO 2020

FSMOne Fundsupermart

S&P 500 Index

If you are looking to S&P500 as a pure buy and hold play, then it simply boils down to which has the lowest fee among the lot. It'll be a toss up between VOO or IVV
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