USA Stocks discussion - Part 2

[cre8ate]

Get on interactive broker! the fees are good if you do frequent trading. their in-app currency conversion rates are good as well

Thanks! Yea have been hearing about Interactive Broker a lot recently.
The main cost is basically the USD 10 per month?
No currency conversion fee i guess?
Sounds much better for someone who trades frequently. I execute about 2 trades worth on saxo about 6.5k sgd, currency conversion i incur about 85 sgd for buy sell.

Tos now 0 comms! Can consider..

Posted from PCWX using Nokia 3310

Thanks! Sorry, TOS you referring to TD Ameritrade?
Actually i realise commission for most brokers are really competitive even for Saxo. Just that the currency conversion fee really

 

[reddevil0728]

Thanks! Yea have been hearing about Interactive Broker a lot recently.
The main cost is basically the USD 10 per month?
No currency conversion fee i guess?



Thanks! Sorry, TOS you referring to TD Ameritrade?
Actually i realise commission for most brokers are really competitive even for Saxo. Just that the currency conversion fee really

Min comm for currency conversion is $2 usd

 

[Phase 2 Baby]

Anybuttie chasing Tiktok buyer ar?
I bot a bit rast week. Thinking of adding a bit moar

Has it been bought yet? At least it explains why Microsoft was up +5.6% last session.

Microsoft nears big bet on TikTok after risky LinkedIn deal shows promise
https://www.channelnewsasia.com/news/business/microsoft-tiktok-acquisition-linkedin-12986330

<in long position>

 

[Zink00]

Anyone knows why SE chiong?

 

[wwenze]

Thanks! Yea have been hearing about Interactive Broker a lot recently.
The main cost is basically the USD 10 per month?
No currency conversion fee i guess?
Sounds much better for someone who trades frequently. I execute about 2 trades worth on saxo about 6.5k sgd, currency conversion i incur about 85 sgd for buy sell.



Thanks! Sorry, TOS you referring to TD Ameritrade?
Actually i realise commission for most brokers are really competitive even for Saxo. Just that the currency conversion fee really

My bro uses TD Ameritrade apparently, he complaining about the commission But it is probably better for option chains from what I heard. IBKR is wtf buggy, totally cannot use it for day trade. For mid term still okay.

I use an IBKR USD main account so right now the spare cash is parked there while I buy options.

$85 just for buy and sell of $6.5k is sibeh jialat. Imagine 10 times that amount.

Saxo is also a competitive international broker. Most international brokers are competitive. Compared to SG brokers is night and day.

 

[thisislife]

My bro uses TD Ameritrade apparently, he complaining about the commission But it is probably better for option chains from what I heard. IBKR is wtf buggy, totally cannot use it for day trade. For mid term still okay.

I use an IBKR USD main account so right now the spare cash is parked there while I buy options.

$85 just for buy and sell of $6.5k is sibeh jialat. Imagine 10 times that amount.

Saxo is also a competitive international broker. Most international brokers are competitive. Compared to SG brokers is night and day.

lol what dude...TD ameritrade is going to be commission free

 

[wwenze]

Maybe he got mutual funds lor

Or he play margin a lot. 9.5% vs 1.55%

https://blog.seedly.sg/how-to-buy-us-shares-in-singapore-and-open-brokerage-account/
Why the above says min fees for TD Ameritrade is $10.65 tho

 

[stamploversg]

Anyone knows why SE chiong?

No idea but happy to see it. Guess not many listed in US focusing on Southeast Asia e-commerce? It's already booming pre-covid and will continue to do so....

 

[culepico]

Anyone knows why SE chiong?

Probably just a huge green day for the market. Many stocks chiong without reasons yesterday.

 

[bakuten]

Probably just a huge green day for the market. Many stocks chiong without reasons yesterday.

basically the bond market is vastly larger than the equity market.
just pay attention to the movement of the US 10 year treasury note....

when it goes up for the day....generally means money flowing into equities....leading to a pump in the stock market. aka Risk-on day.

when it goes down for the day....generally means money flowing into bond market....leading to a slump in the stock market. aka risk-off day.

 

[Zink00]

Chionged 9%.... i read they implemented 2% fee on sellers starting 1 aug?

 

[thisislife]

Maybe he got mutual funds lor

Or he play margin a lot. 9.5% vs 1.55%

https://blog.seedly.sg/how-to-buy-us-shares-in-singapore-and-open-brokerage-account/
Why the above says min fees for TD Ameritrade is $10.65 tho

my bad, i didn't rephrase it correctly.

free commission trade is an eventual thing for non US resident, now still. need to pay $10 USD.

let me dig up the article when i have the time

 

[kurtgoh]

NIO NIO NIO

 

[5408854088]

A record high for the Nasdaq ‘would all come crashing down,’ says Trump in a tweet, ‘including your jobs, stocks, and 401(k)s,’ if Biden wins presidency

https://www.marketwatch.com/story/a...and-401ks-if-biden-wins-presidency-2020-08-03

 

[Curiousbo7]

Any idea on which brokerage u can recommend me for us stock? I am rookie.

Not working, (have about 10k to invest)
I am turning 25 next year
Prefer to hold Long term and I doubt I have time to trade much as I need to study and also work in the future .

Is standard Chartered a good choice? What about fsmone, Ib, td Ameritrade ?

Maybe looking to invest etf but can’t avoid the 30% dividend tax. Can it b avoided if I reinvest it?

 

[goldnut]

TD Ameritrade Singapore has zero commissions for stocks and etf now!!!

 

[reddevil0728]

TD Ameritrade Singapore has zero commissions for stocks and etf now!!!

Wols already

 

[WC32890]

Any idea on which brokerage u can recommend me for us stock? I am rookie.

Not working, (have about 10k to invest)
I am turning 25 next year
Prefer to hold Long term and I doubt I have time to trade much as I need to study and also work in the future .

Is standard Chartered a good choice? What about fsmone, Ib, td Ameritrade ?

Maybe looking to invest etf but can’t avoid the 30% dividend tax. Can it b avoided if I reinvest it?

Seriously? I suggest you save the $10k and put it in the bank since you are not working and only 25. You might take 1-2 years to find a job in this very bad market and you need the money to tide you over. Why wanna risk your savings on investments? Its not a sure make money thing

 

[binary_0011]

Vaxart, Inc. (VXRT) 9.25 le !

 

[Curiousbo7]

Seriously? I suggest you save the $10k and put it in the bank since you are not working and only 25. You might take 1-2 years to find a job in this very bad market and you need the money to tide you over. Why wanna risk your savings on investments? Its not a sure make money thing

Hi, I have set aside another 10k plus saving in my ocbc account before intending to invest 10k over a Long period of time gradually. That’s why I am asking for advice regarding us stock investment. It is not one lump sum 10k throw into stock market. I am only looking at iwda etf and vusd etf to invest in