*Official* Shiny Things club - Part 2

[flowerpalms]

You need to go down personally to sign the forms. They need ue Nric

Thanks.. can i do it online tho?

If were to head down for the application, what documents do they need?

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[highsulphur]

Es3 dividends are in today. Time to reinvest!

 

[kennethtbh]

ST can u kindly explain why MBH became a better alternative than A35? It was stated in the book that it is higher risk and higher yield than A35. I can understand the higher risk due to corporate bonds as underlying assets than govt bonds. And with higher risk the coupons of the underlying bonds also have higher rates.

However, when I checked the dividends given by MBH vs A35, it is actually alot less? Seems the higher risk and higher coupons is not translated to higher dividends for the ETF..

Don't get how is it higher yield... And how is the higher yield translated to holders of MBH?

 

[flowerpalms]

Helping fellow investor swan02 to ask also:

For RSP, POSB IS for example, can you invest a lump sum once every 2-3 months? Or must be once per month?

Also, is there option where you set it as non-recurring and not auto deduction? Can the amount be entered manually since you need to rebalance? Can you stop the amount after the 1st month as your next amount is 2 months later?

Ultimate question: in posb IS, can you rotate your monthly investments and rebalance by entering the amount manually and not auto recurring???

 

[Converged]

The general idea is good but the execution is far from customized to your needs and there are many other tools that Shiny doesn't go into as he isn't even in Singapore. So just learn the basics and improve from there.

What other tools do u suggest? We are open to all recommendations

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[swan02]

Shiny is one tool you can hire as a hedge fund manager hence creating a distinct asset class. Can be useful for diversification.

What other tools do u suggest? We are open to all recommendations

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[swan02]

ST can u kindly explain why MBH became a better alternative than A35? It was stated in the book that it is higher risk and higher yield than A35. I can understand the higher risk due to corporate bonds as underlying assets than govt bonds. And with higher risk the coupons of the underlying bonds also have higher rates.

However, when I checked the dividends given by MBH vs A35, it is actually alot less? Seems the higher risk and higher coupons is not translated to higher dividends for the ETF..

Don't get how is it higher yield... And how is the higher yield translated to holders of MBH?

You need to use the correct term called risk adjusted returns which I presume MBH has higher over A35 over the long term.

But purely on a Yield to maturity basis...ending july 2019 as per fact sheet.

Last I checked. Yield to maturity was higher with mbh being 2.91% vs A35 at 2.24%. In fact with the recent A35 bull run, I would assume mbh has even greater YTM now making it together with gold more attractive than govt bonds.

r u sure ya not confused with annualised return ? A35 did indeed has higher total returns if viewed over short run.

 

[flowerpalms]

ST, will you be revising your book?

 

[mr_beanz]

At what exact amount should I choose fixed over tiered commission?

I have received dividends from ES3 and my salary bonus this month. I wish to use them to purchase IWDA in a lump sum. Thank you.

 

[cfleee]

That’d be a problem if you need to deposit cash, but who does that any more?

Fair enough, lack of cash deposit was a caveat for my very particular set of circumstances, but people should be aware that the very large-looking ATM networks that CUs have doesn't translate to lots of cash deposit ATMs. Even if some of those machines physically accept cash for their owner CU. They specially call it out -- "We only accept cash deposits via select ATMs".

(I was using Citi's free U.S. ATM withdrawals from a Citibank Singapore USD account to move my spending money over slowly; certainly would not do that again now that TransferWise/DBS Remit are decent choices, and now that I know about IBKR.)

That’s a task you can easily accomplish via Internet or mobile banking, but then I think it would count toward the 6 savings account withdrawals per month maximum. Not a big deal, though. It just means you cannot transfer $3.95 every time you buy bread using funds from your checking account. I typically top up an active checking account twice a month, occasionally three times a month. That’s less than six, much less. And it’s certainly possible to have only a checking account if you prefer, including for all deposits, but the savings account earns more interest.

Phone/mobile/internet banking/ACH transfers all count towards the limit. For Alliant CU, the exceptions are ATM transfers, branch teller transactions, and transfers via mail (!). I don't really know why people will run into problems with this limit, but since you pointed out that ATM withdrawals don't count, anyone who actually needs to know that might also find it helpful to know that ATM transfers also don't count.

 

[dullthings]

SSB is capital guanranteed.

What are the pros and cons between buying ssb and mbh?

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[Converged]

SSB is capital guanranteed.

Den why is mbh recommended?

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[tangent314]

At what exact amount should I choose fixed over tiered commission?

For LSE listed US$ stocks, tiered is 0.08% with US$1.70 min and US$39 max. Fixed is 0.05% with US$5 min.

This means for the lowest possible trading fees, you choose

Tiered pricing: Trading less than US$6250 or more than US$78000
Fixed pricing: Between US$6250 and US$78000

 

[flowerpalms]

Make up your mind and stick to a plan

Den why is mbh recommended?

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[flowerpalms]

 

[swan02]

And there is the issue with adding and removing liquidity when u trade in tiered.

Anyone knows how much r u penalised or rewarded and by how much when u add or remove liquidity ?

For LSE listed US$ stocks, tiered is 0.08% with US$1.70 min and US$39 max. Fixed is 0.05% with US$5 min.

This means for the lowest possible trading fees, you choose

Tiered pricing: Trading less than US$6250 or more than US$78000
Fixed pricing: Between US$6250 and US$78000

 

[limster]

And there is the issue with adding and removing liquidity when u trade in tiered.

Anyone knows how much r u penalised or rewarded and by how much when u add or remove liquidity ?

Can you point the link that where you read that trading in London Stock exchange got 'penalty' for removing liquidity?

A lot of misinformation going around. interested to find out who is doing the spreading... dubious financial advice site, anonymous blogger, or someone in this forum.

 

[mr_beanz]

For LSE listed US$ stocks, tiered is 0.08% with US$1.70 min and US$39 max. Fixed is 0.05% with US$5 min.

This means for the lowest possible trading fees, you choose

Tiered pricing: Trading less than US$6250 or more than US$78000
Fixed pricing: Between US$6250 and US$78000

Thank you!

 

[mystikboy]

For LSE listed US$ stocks, tiered is 0.08% with US$1.70 min and US$39 max. Fixed is 0.05% with US$5 min.

This means for the lowest possible trading fees, you choose

Tiered pricing: Trading less than US$6250 or more than US$78000
Fixed pricing: Between US$6250 and US$78000

Am I missing something or is tiered also 0.05% and not 0.08%?

I see this under "EUR, CHF, USD, PLN, ILS and HUF-Denominated Products Tiered"

 

[assiak71]

Wheres the link to shiny book?