Here you go. Hope this one is better.
Sent from Samsung SM-G955F using GAGT
the image not very clear. is it possible to upload the excel to mega or google doc
Here you go. Hope this one is better.
Sent from Samsung SM-G955F using GAGT
One choice she has is to direct Computershare Australia to sell the shares. Details are available here.My mum has 3000 AusNet Services shares which was de-listed from SGX in July this year. She missed the deadline to participate in the Share Sale Facility and the shares were being transferred to Australian register thereafter.
We have since received the holding statement from Computershare and the securityholder reference number to use in relation to future activity on ASX.
My mum would like to sell to liquidate all her AusNet Services shares. And I am at a loss on how to help her.
How do I go about assisting her to sell in most cost efficient (brokerage commissions, taxes etc) and hassle-free way?
Yes, I would give your CPF Special Account some love and attention, and your spouse's/partner's too, if applicable and also low. You can do that in at least two ways:I recently sold some US stocks and have about USD70K sitting in TD Ameritrade. I also have a trading account with SCB. Would it be better if I top up my OA/SA instead? I am in my early 50s and have very low balance in my OA/SA.
Highsulphur, if you have a U.K. based sterling bank account, then you should be able to open an account atSVS XO
The proceeds from the share sale can then be transferred free to your U.K. bank account via BACS (analogous to GIRO in Singapore). You can keep your SVS XO account open if you wish since there's no minimum fee.
Enjoy the whiskey.
Presumably you'd let them mature, then figure out what to do with the proceeds. When does the first one mature, and how big is it?Not sure what to do with the FDs, pls advise.
If I understand correctly, you have US$70K of cash sitting at TD Ameritrade in the United States. Do you have any other U.S. financial accounts, such as a U.S. bank or U.S. credit union account?I am not sure if TD has a local bank account? Do you have any advice pls?
For those of you non-U.S. persons buying (or interested in buying) the popular Blackrock iShares global developed markets stock index fund IWDA, domiciled in Ireland and traded in London, have you looked at Lyxor's equivalent fund LCWD, also quoted/listed in U.S. dollars? LCWD (and its British pound currency sibling LCWL) debuted in February, 2018. LCWD/LCWL is domiciled in Luxembourg which appears to offer the same tax characteristics as Ireland. It's also traded in London, also tracks the same MSCI index, also accumulating, but its major appeal is that it has a much lower 0.12% total expense ratio versus IWDA's 0.20%.
How's the bid-ask spread and trading volume looking? Could LCWD or LCWL offer some better value than IWDA?
Answering my own question, LCWD/LCWL look like they have too little volume so far. I also checked Paris and Frankfurt, and the volumes there are low, too.
VEVE, Vanguard's non-accumulating global developed markets stock index fund, looks a little better in terms of volume, and it has a 0.18% expense ratio. But I'd definitely like to see more volume.
Supposedly Fidelity introduced some low cost Irish domiciled ETFs, but I cannot find them listed yet. They were announced in April.
Probably, but where I can see bid-ask spreads they're still pretty wide.Isn't there a market maker that will provide liquidity for the lyxor funds?
So is the current 8 basis points/year ongoing management charge savings worth the wider bid-ask spread? Probably, but I’d still feel more comfortable seeing some better trading volume.Bid-ask spread is like 33 bp for LCWD vs 3bp for IWDA...
What you mean by raising monthly savings amount ? Do you mean increasing cash savings or u meant saving more of ur disposable income , & vest in the markets ?I've been running the same basic savings/investing "program" for many, many years. Hopefully that'll continue for many years to come. However, I have made a couple minor tweaks to keep the program running according to plan:
1. Broker adjustment. For U.S. persons, Fidelity is currently winning the fund price war with their radically awesome FZROX and FZILX mutual funds. FZROX and FZILX have zero management fees, zero trading fees, zero custody fees, $1 minimum to open, $1 increment, zero cost automatic dividend reinvesting.... zero across the board. That works great for me, so Fidelity is getting the bulk of my monthly savings inflow.
I'm holding all current positions at Schwab for the long-term, and Vanguard is still getting a good portion of monthly inflow.
2. Funding account adjustment. U.S. interest rates have been rising, and that has resulted in some selectively better interest rate offers from U.S. banks and U.S. credit unions. So I've slightly tweaked the funding account arrangement for monthly investments in order to get some better interest.
3. U.S./Ex-U.S. mix adjustment. As we all know, the U.S. stock markets have been on an incredible run since the depths of the Global Financial Crisis nearly 10 years ago. Stock markets outside the United States have generally not done as well over that same period. I like to keep the U.S./ex-U.S. allocation within "reasonable equilibrium." Consequently I've made a little adjustment to the inflow, shifting some of the U.S. stock inflow over to the ex-U.S. stock inflow side. I'll keep an eye on how that goes over the next few months.
What next? "Do nothing" is perfectly fine, but here are some at-the-margin ideas I'm pondering:
a. Over the next few months I'm considering raising my monthly savings amount. When I think a new, higher monthly savings amount is long-term sustainable, I increase that inflow number.
b. A small percentage of my total stock holdings is in individual stocks, and I'm looking for reasonable opportunities to sell some of those individual stocks in favor of broader funds.
c. Supplementary Retirement Scheme (SRS) accounts are not terrific for U.S. persons, but I'm taking another look at whether I should get more interested in SRS.
I have the happy problem of cash that’s piling up a little too quickly, so I’m considering whether I should adjust the “flow valve” such that I’m investing $X more per month within the same long running program.What you mean by raising monthly savings amount ? Do you mean increasing cash savings or u meant saving more of ur disposable income , & vest in the markets ?