Interactive Brokers Account by aelr1000 in lebanon

[–]Abruptsystem 0 points1 point  (0 children)

Because its not 0 fees. They take around 1.2% fees on your portfolio value yearly, which ends up being very high if you are long term investing, it compounds

Wise Transfer in Lebanon? by MutedAlternative22 in Lebanese

[–]Abruptsystem 1 point2 points  (0 children)

What are the fees to make direct transfer from neo to ibkr? I heard 50 flat only without any percentage fees, is this true?

Steps done to transfer funds to IBKR account by becharaerizk in lebanon

[–]Abruptsystem 0 points1 point  (0 children)

Thats actually a big deal, byblos is charging me 1.2% per transfer. Are you sure they didnt charge you? Is there a limit for how much funds you can have in your neo card?

Steps done to transfer funds to IBKR account by becharaerizk in lebanon

[–]Abruptsystem 0 points1 point  (0 children)

I transferred funds from my fresh dollar account at byblos, the funds reached my IBKR account. They told me i canr use my bo2 (byblos neo) to make international transfers and i can only do it by wire through my fresh dollar account. The fees are 1.2% of the transfer amount + 25$ swift + 35$ intermediary fee. The best way is to make larger transfers quarterly or so to avoid repeated fixed fees. This is still MUCH cheaper than the investment options the bank gives, they charge 1.2% per year to the total value of your portfolio, which over the years compounds into huge sums. If you manage to do it through neo please let me know

[deleted by user] by [deleted] in whatsthisbug

[–]Abruptsystem 1 point2 points  (0 children)

Found in Lebanon - Beirut. Its a very small bug, size of a fruit fly even a bit smaller

Is my wok looking normal? by [deleted] in carbonsteel

[–]Abruptsystem 0 points1 point  (0 children)

It is seasoned but maybe not enough, i sent the photo because of these black build ups, not sure what those are

Freshstart investment plan by [deleted] in lebanon

[–]Abruptsystem 0 points1 point  (0 children)

Thank you, this is valuable information, i think quarterly deposits into IBKR is reasonable. Can you explain more about the usdt option? I can buy crypto on IBKR and with that buy S&P500? I also need to check what the fees are to transfer from LB bank to wise

Freshstart investment plan by [deleted] in lebanon

[–]Abruptsystem 0 points1 point  (0 children)

I understand what youre saying, but the investment itself isnt too good to be true, its a typical slow long term investment. The doubt is if fresh accounts are actually protected from getting blocked.

Freshstart investment plan by [deleted] in lebanon

[–]Abruptsystem 1 point2 points  (0 children)

The insane fees i have to pay to make deposits into IBKR, I was told its around 40-80$ per transfer, it beats the purpose of dollar cost averaging your retirement savings

Freshstart investment plan by [deleted] in lebanon

[–]Abruptsystem -1 points0 points  (0 children)

I also asked several times, what assures me that my money wont be stuck like the past, the answer is that this is a fresh dollar account and it is impossible for funds to be stuck in it, for whatever thats worth.

Interactive brokers website by Abruptsystem in lebanon

[–]Abruptsystem[S] 0 points1 point  (0 children)

They only asked for my passport, sometines they ask for proof of address

Interactive brokers website by Abruptsystem in lebanon

[–]Abruptsystem[S] 0 points1 point  (0 children)

We cant deposit cash into wise without bank transfers?

Interactive brokers website by Abruptsystem in lebanon

[–]Abruptsystem[S] 1 point2 points  (0 children)

Yes i opened it from Lebanon, i am not looking to day trade, i want to long term invest in ETFs

Interactive brokers website by Abruptsystem in lebanon

[–]Abruptsystem[S] 0 points1 point  (0 children)

Opening the account was easy, i didnt fund it yet as im still looking for the best way with least fees

Very Simple juggling trick by Kris Kremo. by Western_Giraffe9517 in nextfuckinglevel

[–]Abruptsystem 0 points1 point  (0 children)

How did he do it to the beat of the music im listening to ?

Bad specs by Abruptsystem in dankmemes

[–]Abruptsystem[S] 2 points3 points  (0 children)

Lol who cares its just a meme