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[yslvlys]

The point I’m making is a qualifier, it isn’t about my view. Hence I’m not expressing anything for or against.

It’s not evading the question. I wasn’t even expressing a view to begin with, so I have no question to answer to.

Sorry what’s your qualifier? I might have missed it.

Again I need you to clarify, when u say exemption from estate taxes for Irish domiciled ETF, is this a positive or negative thing in your view? Is your view a secret?

That estate taxes is not so relevant if one is gonna liquidate their counter anyway.

To be certain, what qualifier to my question or statement were you referring to?

 

[reddevil0728]

Again I need you to clarify, when u say exemption from estate taxes for Irish domiciled ETF, is this a positive or negative thing in your view? Is your view a secret?

My opinion as to whether it is positive or negative is not relevant here, because that was not my intention when highlighting it other than just stating facts.

That estate taxes is not so relevant if one is gonna liquidate their counter anyway.

What qualifier to my question or statement were you referring to?

qualifying that it is indeed not so relevant PROVIDED you can predict when your death is and execute your plan prior to that.

 

[yslvlys]

My opinion as to whether it is positive or negative is not relevant here, because that was not my intention when highlighting it other than just stating facts.

qualifying that it is indeed not so relevant PROVIDED you can predict when your death is and execute your plan prior to that.

It is relevant, because if it is positive, it implies you are advocating choosing one option over the other, ceteris paribus. The discussion is about pros and cons of Irish domiciled vs US ETF, to consider in choosing one over the other, in context of FSMOne offering. So your "fact" is either positive, neutral or negative.

To that, my response to you is that, if one is gonna liquidate their portfolio anyway, estate tax is only relavant PROVIDED the scenario is abrupt death (you said this yourself). Nothing wrong in my clarification.

 

[reddevil0728]

It is relevant, because if it is positive, it implies you are advocating choosing one option over the other, ceteris paribus. The discussion is about pros and cons of Irish domiciled vs US ETF, to consider in choosing one over the other, in context of FSMOne offering. So your "fact" is either positive, neutral or negative.

a fact is a fact. i am just calling out the existence of it for people who might not be aware of it.

Whether you think it is positive, negative, or neutral, you can make your own judgement.

I don't have to express an opinion about it.

To that, my response to you is that, if one is gonna liquidate their portfolio anyway, estate tax is only relavant PROVIDED the scenario is abrupt death (you said this yourself). Nothing wrong in my clarification.

ah agreed.

 

[yslvlys]

a fact is a fact. i am just calling out the existence of it for people who might not be aware of it.

Whether you think it is positive, negative, or neutral, you can make your own judgement.

I don't have to express an opinion about it.

ah agreed.

No, in this context, a fact is not just a fact. Again we are talking about pros and cons here to consider in choosing Irish domiciled vs US ETF. So we all know that someone "just calling out the existence" if VOO has lower fees is a positive point for VOO. Then we have you come here to contribute say Irish domiciled exemption from estate taxes is just a "fact" and don't want to express an opinion about it and not sure why u seem to be afraid about saying it. Why feel so shameful to express it? I am asking your opinion what is it? I know why u are afraid to say, because then it will lead me to another point which I was countering you. You know it is a positive point. But OK so conclusion u have no opinion or dunno what's your view or afraid to say it, about not paying estate taxes. It is neutral. Got it. Neither here nor there.

 

[reddevil0728]

No, in this context, a fact is not just a fact. Again we are talking about pros and cons here to consider in choosing Irish domiciled vs US ETF. So we all know the fact that VOO has lower fees is a positive point. Then we have you come here to contribute say Irish domiciled exemption from estate taxes is just a "fact" and don't want to express an opinion about it and not sure why u seem to be afraid about saying it. Why feel so shameful to express it? I am asking your opinion what is it? I know why u are afraid to say, because then it will lead me to another point which I was countering you. You know it is a positive point. But OK so conclusion u have no opinion or dunno what's your view or afraid to say it, about not paying estate taxes. It is neutral. Got it. Neither here nor there.

You can have that expectations and have that sort of thought process to insist that one must provide their opinion.

it’s cool.

but you can’t expect me to have the same expectations and thought process as you.

 

[yslvlys]

You can have that expectations and have that sort of thought process to insist that one must provide their opinion.

it’s cool.

but you can’t expect me to have the same expectations and thought process as you.

Yes yes, already say conclusion u have no opinion or dunno what's your view or afraid to say it, about not paying estate taxes. It is neutral. Got it. Neither here nor there. .
Just don't question me about that other point else I will bring this up again.

 

[reddevil0728]

Yes yes, already say conclusion u have no opinion or dunno what's your view or afraid to say it, about not paying estate taxes. It is neutral. Got it. Neither here nor there. .
Just don't question me about that other point else I will bring this up again.

Noted.

depends on what you say also.

 

[yslvlys]

Noted.

depends on what you say also.

Lol what I say depends on what you say. I put this question of whether not pay estate taxes is a positive point or not was in response to that point u were trying to deny. So don't ask me that again I will also not ask u. Your pretense here is appalling.

 

[sibeiTrolled]

Lol i am shocked that you guys can "fight" through the night.

Yeah not asking anyone to pick a side. The topic was raised by someone else who seem to insist on LSE, so just adding on some queries. This is relevant to FSMOne as the brokerage fee is diff for LSE if need to sell.

Unfortunately, this is the case for SP500 and its Irish counterpart from day 1 when such CSPX vs VOO questions are asked on other forums as well.

To me, LSE is just an alternative market that has roughly what i want. This fight tends to be focused on CSPX (VUAA) vs VOO

To be frank, the 15% lesser dividend WHT is really hard to quantify as i said previously.

Estate tax could be a hit or miss, like you said earlier, if you intend to liquidate everything while still healthy or slighty healthy or keeping your account accessible by spouse or "heirs" . Yes, it's not applicable
What i infer from reddevil words is that, touch wood, shlt can happen and are you willing to take this risk.Thats all to it.

Maybe i can throw in another bone?
CSPX accumulate instead of giving out the dividends, so in theory, there will be growth regardless and you don't have to manage the dividends.

 

[twosix]

It is relevant, because if it is positive, it implies you are advocating choosing one option over the other, ceteris paribus. The discussion is about pros and cons of Irish domiciled vs US ETF, to consider in choosing one over the other, in context of FSMOne offering. So your "fact" is either positive, neutral or negative.

To that, my response to you is that, if one is gonna liquidate their portfolio anyway, estate tax is only relavant PROVIDED the scenario is abrupt death (you said this yourself). Nothing wrong in my clarification.

Why argue with him. Some folks here dun buy US listed counters due to estate tax one. There's no right nor wrong. Haha...

 

[limster]

The majority of investors who stock pick will lose out against the index. Sad fact. So those who want to stock pick US stocks, maybe that should be your main concern rather estate duty.

If estate duty makes some people chose LSE-listed S&P500 ETF instead of stock-picking individual stock, the index investor will win not by saving on estate duty, but simply because the stock-picker has a 50%+ chance of underperforming the index.

 

[yslvlys]

I got a notification from FSM that I will be charged management fee of S$1.11. However, I only hold ETFs which has no management fees. The only unit trust I hold is only less than S$10, redeemed from rewards points. How can there be S$1+ in management fees? Will contact customer service to ask tomorrow

 

[limster]

I got a notification from FSM that I will be charged management fee of S$1.11. However, I only hold ETFs which has no management fees. The only unit trust I hold is only less than S$10, redeemed from rewards points. How can there be S$1+ in management fees? Will contact customer service to ask tomorrow

they seem to be charging me 'management' fee for autosweep account, since 0% platform is only for unit trust, stocks, ETF...

edit: invoice calls it 'management fee' not platform fee, but still a quarterly deduction

Wth really.? How much is the mgt fee?

You asked this previously.... its a bit sneaky when FSMOne publishes their autosweep account interest rate, it looks higher than the Poems interest rate, but Poem no fee, FSMOne got fee. But I am still parking cash there out of convenience, to fund my RSP.