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Advice on investing 20k per month

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  1. #41

    Join Date
    Sep 2014
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    200
    Quote Originally Posted by pin:
    Apart from Saxo and Swissquote Lux.

    But IBHK will be the cheapest option.
    Cheap is good as I want to save as much money as possible.

  2. #42

    Join Date
    Sep 2018
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    香港特别行政区
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    You may end up spending more on trading fees buying EU domiciled funds than you will save on dividend taxes at 20k/month investment.


  3. #43

    Join Date
    Oct 2006
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    Hong Kong
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    Quote Originally Posted by aw451:
    You may end up spending more on trading fees buying EU domiciled funds than you will save on dividend taxes at 20k/month investment.
    No following. Please expand?
    Sith likes this.

  4. #44

    Join Date
    May 2009
    Posts
    1,289
    Quote Originally Posted by aw451:
    You may end up spending more on trading fees buying EU domiciled funds than you will save on dividend taxes at 20k/month investment.
    Nope. Trading fees through IB are very cheap (arguably the lowest in the market for us pleps) and definitely much cheaper than buying US domiciled funds through a HK bank.

  5. #45

    Join Date
    Jul 2018
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    32

    For what it's worth, I also invest HK$ 20000 monthly on Irish domiciled ETFs using IBKR, rebalance quarterly.

    ISAC 90%
    LCAS 10%

    I have a long term time horizon 25+ yrs.

    Trading costs are cheap (few dollars) and no monthly fees, the only pain is rebalancing, you either have to work it out yourself on Excel and manually trade on the mobile app or use their TWS trading app which can be very frustrating.

    ndt and hk.main like this.

  6. #46

    Join Date
    Dec 2002
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    薄扶林
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    Quote Originally Posted by Crankshaft:
    Yea I believe IBHK is the only way to buy Irish ETFs in HK passively.
    DBS and a couple of other banks but not cheap.
    Crankshaft likes this.

  7. #47

    Join Date
    May 2021
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    1,733

    Delete repeat..


  8. #48

    Join Date
    May 2021
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    1,733
    Quote Originally Posted by Jamthe:
    For what it's worth, I also invest HK$ 20000 monthly on Irish domiciled ETFs using IBKR, rebalance quarterly.

    ISAC 90%
    LCAS 10%

    I have a long term time horizon 25+ yrs.

    Trading costs are cheap (few dollars) and no monthly fees, the only pain is rebalancing, you either have to work it out yourself on Excel and manually trade on the mobile app or use their TWS trading app which can be very frustrating.
    ISAC seems to have decent average volume, what is the average spread like?

  9. #49

    Join Date
    Jul 2018
    Posts
    32
    Quote Originally Posted by ndt:
    ISAC seems to have decent average volume, what is the average spread like?
    Spread is good

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    ndt likes this.

  10. #50

    I was thinking about opening a Sofi account just for fun (already have an interactive brokers account). Is Sofi a scam/ poor servicing though? They have many negative reviews on Google...


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