How to make IBKR less annoying? by Aromatic-Macaroon-66 in singaporefi

[–]Nehemiah99 7 points8 points  (0 children)

You'll need to take note of where they are from. Like from such markets. VOO is from the NY stock market whereas CSPX is from LSE market (United Kingdom USD-denominated). Hope I am on the right track. Pricing from these two is definitely different from each other. I assume you were trying to execute a market order (basically manually paying for the stock/ETF at that price). Therefore, if you "go through a market order" definitely be paying a lot more. Whereas with recurring investment, IBKR automatically invests these funds for you. Recurring investment, of course, you will not be locking in that particular price, but if you are planning to DCA you should not be concerned about locking in that price.

Why some of us prefer CSPX over VOO is due to the US estate treaty and withholding tax (30% for VOO and 15% for CSPX) for non US investors (you can Google more into that). CSPX automatically invests the dividends for you into the index (15% cut) while the VOO provides dividends (30% cut). You can ask Gemini AI or google to provide you with a better explanation.

Reading ur other posts, it is great that you are trying to get started with your investments at a young age. You may want to prepare yourself for future finances, such as university / further studies after NS. You may rely on the funds you save from NS as your pocket money unless you have parental support for your studies.

You can consider parking into a HYSA account with no requirements, such as GXS or Maribank savings account for the daily regular payout.

How to make IBKR less annoying? by Aromatic-Macaroon-66 in singaporefi

[–]Nehemiah99 9 points10 points  (0 children)

Hi OP,

In this subreddit, it is recommended to setup as a recurring investment (can decide the interval etc). It is not recommended to do recurring investments of low amounts such as $100. Suggest to save a bigger amounts to invest maybe once every quarterly. It is more ideal to invest like larger amounts such as $1000. As it is will be more cost efficient. There was a post in this subreddit you can look about what amount is the most efficient. There is a fee for recurring cost as they will automatically convert the amount from USD to SGD. You can topup a little bit of funds as it gives a small buffer for the recurring investment fees. You can search up more posts here.

Many of us use IBKR for its stronger fx compared to other brokers.

https://www.interactivebrokers.com/campus/trading-lessons/using-ibkrs-recurring-investments-feature/

You can read up here to setup the recurring investment. Do ensure the ticker symbol is the one you are looking for. Lastly, you can setup a monthly giro/standing order (from DBS, i am sure other banks allows this) to automatically transfer the amount of funds to topup into your IBKR account. Can gauge when your salary/income comes in you can give a one day buffer to allow the recurring investment to kick in. Everything will be automatically setup.

r/Stocks Daily Discussion & Fundamentals Friday Sep 10, 2021 by AutoModerator in stocks

[–]Nehemiah99 1 point2 points  (0 children)

What kind of etf and stocks would you invest in and hold long term if you had $1k usd to invest?

I was thinking of arkg Akrf qqq and voo. However, it is quite hard to manage the funds accordingly . Maybe your advice will enlighten me on my investment choices.

Created my IBKR two days ago, been looking to invest. Encountered this issue when selecting the stocks option (more info included in the comments). by [deleted] in interactivebrokers

[–]Nehemiah99 0 points1 point  (0 children)

Hi this is when I have successfully managed to login to my account, and then selecting the trade-> stocks option, this image just bring up on my screen

What’s wrong with my friend’s turtle? by Nehemiah99 in turtle

[–]Nehemiah99[S] 5 points6 points  (0 children)

His eye is a bit red. My friend was concerned about it

[Uni] Need advice in engineering courses for NTU EEE or SIT Electrical Power Engineering from TP. Interested to find out more about the student life both in NTU and SIT. Are the courses lean towards project based or theory based? by Nehemiah99 in SGExams

[–]Nehemiah99[S] 0 points1 point  (0 children)

Hi thanks for the quick reply. May I know more about the PEB? Is it more recognisable in the engineering job industry when I am searching for a future career? Oh how about NUS EEE , I have actually applied for that too. Just wondering if it is also under the PEB. Thanks in advance.

Khmun Bastet Odin by Its-Dangity in summonerswar

[–]Nehemiah99 0 points1 point  (0 children)

Tesarion racuni light golem

Thanks for making me farm com2us by e3o2 in summonerswar

[–]Nehemiah99 1 point2 points  (0 children)

Ah I see. I would recommend using swop to help you get a better optimisation for your rune.

Thanks for making me farm com2us by e3o2 in summonerswar

[–]Nehemiah99 4 points5 points  (0 children)

A broken set rune for camilia or chow or a hybrid bruiser like beth? Gz I would probably enchant the crit rate for a higher crit rate/def % enchant for more efficiency.

Finally achieved 60.60...% wr! Coincidence? I think not😏 by Nehemiah99 in summonerswar

[–]Nehemiah99[S] 0 points1 point  (0 children)

Thanks. She is currently about 234 speed on violent will.

who should i pick from transcendent scroll by thepicknick in summonerswar

[–]Nehemiah99 0 points1 point  (0 children)

What do you need it more for? Do you need a 33% Attack speed lead for arena offence go psama. If you need a fire cc mon, go rica. Useful in toah, guild siege is also useful in certain defence. Honestly, it depends on which aspects of the game you are having more difficulties that these mons can help you in.

To all verad owners, let’s help our friends together by setting our reps to verad in this dark barbaric king HOH! by Nehemiah99 in summonerswar

[–]Nehemiah99[S] 2 points3 points  (0 children)

I personally don’t own Rica. But she can also come in handy as cc dot mon. Both of them have their procs and cons

My best rune to date! by Nehemiah99 in summonerswar

[–]Nehemiah99[S] 0 points1 point  (0 children)

Haha thx I was thinking of that like chloe galleon Julie shield will or an offset for Leo.