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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 (781)
  • Questions (2)
  • Reviews (6)

Stocks Discussion

Investments

Online Brokerages

Dividends

What is the best way to optimise the buying of dividend paying US stocks since Singapore imposes a tax dividend on them?
Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 06 Jun 2020
The 30% withholding tax is applied to non US residents so its unavoidable. If you really want to buy into dividend paying stocks in the US market, consider only dividend aristocrats and kings. The increment in dividends will offset the withholding tax amount given enough time. Platform wise if you only intend to buy periodically and not transact often, consider Td Ameritrade. There are no inactivity fees nor minimum monthly fees.
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Stocks Discussion

Investments

Which trading platform is the most cost effective for trading US stocks in Singapore?
Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 06 Jun 2020
I'd prefer Td Ameritrade. Great interface, tools, mobile app. The mobile app is good enough to use if you know what you wanna get into without needing charts. Otherwise there's a great charting tool built into the desktop version. No wonky fees required. You only pay something when you transact. And margin fees if you are holding stocks on margin. Believe you can negotiate for cheaper comm rates if you transact sufficient volume.
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Stocks Discussion

Investments

Online Brokerages

Robo-Advisors

Is it legal to pool money with my friends and invest? Or are we not allowed to do that?
Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 06 Jun 2020
Not really advisable to pool money to invest, even if it is legally allowed as part of a private agreement. Best to check with someone versed in law to find out about the legality aspect. But why not advisable? You and your group of friends need to have trust in each other that is marrow deep. Unshakable even when things go wrong as that's when the blame game will start. Decisions on buy/sell need to be done collectively as a group and what happens when one party objects? Will the others still want to push through? As Sharon mentioned there's also the account setup issue where one person may run away with the funds. The corporate account is a good idea, and you can add in an instruction to the bank to only take instructions when all signatories are accounted for. If you want to proceed with this on a personal retail level, best to get a binding agreement in place.
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Investments

Online Brokerages

Stocks Discussion

How many brokerage accounts do you have and why?
Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 06 Jun 2020
For US market its a toss up between IB and Td depending on the account funding amount and your account activity level. I'm personally using TD Ameritrade and its been great so far. Straightforward and easy to use with great tools. The comm rate I'm getting is comparable to IB, with only difference being IB don't charge for option assignment. The local brokers aren't competitive comm wise for US market. Plus some may charge additional fees for corporate activity.
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Investments

CPF

CPF IS

Stocks Discussion

Online Brokerages

SeedlyTV S2E08

Which bank (DBS, OCBC or UOB) is better for CPF investment account for CPF OA investing? If I buy SG listed shares with CPF OA, will they be held in custody or CDP account?
Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 06 Jun 2020
Don't believe there is any difference between the banks for CPFIS account handling. Personally I'm using dbs after transferring out from ocbc as I'm boycotting the latter. Don't really find any difference between the two. The shares will be held with the agent bank and not with cdp.
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Investments

Robo-Advisors

Lifestyle

How and where do u go to start learning about investing?
Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 06 Jun 2020
Hi there. Good to hear that you are keen to start your investment journey early. There are many resources out there but for something easy to digest I'll recommend books like rich by retirement and millionaire teacher. Both are written for our local context. Seedly does produce articles on investment that are easy to digest as well. There are many different ways to invest. Don't be overwhelmed by the many different instruments and terminology. It's a journey, not a sprint. Go at your own pace and learn and don't have the fear of missing out. Opportunities will always abound. Hope this helps.
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Investments

Stocks Discussion

ETF

REITs

What are YOUR favourite investing websites?
Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 19 Feb 2020
Seeking Alpha. Centred around US market though. Good articles but the goldmine is in the comments section.
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Investments

Stocks Discussion

PhillipCapital (POEMS)

Regular Shares Savings Plans (RSS/RSP)

What are the costs involved in investing into the Infinity US 500?
Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 17 Feb 2020
I'll avoid the Infinity US 500 fund if I were you. Costs doesn't make sense as Frankie mentioned. There are several choices when it comes to investing in the S&P500: https://www.investopedia.com/investing/top-sp-500-etfs/. Do pull the trigger only if you think the index will continue to rise further.
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REITs

Investments

What are some good REITs that I can consider for a passive portfolio?
Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 17 Feb 2020
I won't really consider going into a reit etf as suggested by Frankie. Reason being there are management fees involved and the dividend yield is lower. Not to mention you can replicate the holdings yourself since they are transparent. For reit building, you need to decide which sector you are comfortable with. Look at the quality of the sponsors and their track record. Can they grow the dividend and stock price over time? Are the dividends stable at least? Any wonky management decisions? (OUE). Personally I'm somewhat biased towards the industrial sector. Been holding AIMS APAC for quite a number of years. Currently leveraged into Sasseur and MLT with some good paper gain for both. Suggest that you read up on the different reit sectors, their pros and cons before investing into any. Find an entry point when the nav and stock price are at its lowest. Alternatively, there are some relatively affordable courses like dividend machines that are good for beginners to attend. This course only opens up once a year which is around this period I believe. Hope this helps.
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Stocks Discussion

Investments

Savings

Brokerages

ETF

Interactive Brokers

SAXO Markets

SAXO Capital Markets

I plan to invest 1k SGD every month(10-20years) in S&P500 ETFs, which brokerage should I go with?
Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 04 Feb 2020
I'll suggest Td Ameritrade. Robust platform with powerful charting tool if you need. Simple to use and the mobile is great as well. I use my phone to trade if I'm lazy to fire up the desktop application. If you have sufficient volume, consider giving them a call to discuss if commission can be lowered.
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