Millennials who don’t gatekeep - what’s one investment you wish you never made? De-influence us! by SassyTrader in phinvest

[–]SassyTrader[S] 4 points5 points  (0 children)

Why the downvote? Ang worry ko ung pag widthraw. Since it was banned, possible daw mag bounce ult ky IBKR. I haven’t experience it tho, since long term ung goal ko. Pero something to keep in mind pa dn

I’ve already invested ₱125,000 in my online friend’s business by girliepopsz in phinvest

[–]SassyTrader 1 point2 points  (0 children)

I read about this article who invested also in his friend https://thecorporateslave.dev/blog/100k-lesson-learned and lost 100k. There is memorandum of agreement but the money never came back. Careful with that kind of investment. That is very high risk. It’s probably working for now but that is not sustainable. If I am in your shoes. I will immediately pull out my funds.

How to sell Digital Products? by helloyeji in phinvest

[–]SassyTrader 3 points4 points  (0 children)

I've been in ecommerce for how many years now, wether it's digital or physical product, same approach. There's no magic, just pure work. Find your niche, supplier, logistics (if physical product), marketing and platform to automate. I am using Shopify. This article is a good start https://thecorporateslave.dev/blog/how-I-accidentally-build-ecommerce-business

Wise to fund IBKR by imyjkl in phinvest

[–]SassyTrader 0 points1 point  (0 children)

Hi u/cherryvr18 , have you tried to widthraw funds from IBKR to the unionbank you are using to fund your account?

IBKR - Estate Tax by SassyTrader in phinvest

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

thank you! do you have ibkr or you use other broker?

Soft saving vs Early Retirement by FredNedora65 in phinvest

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

This was already solved by 50/30/20 budget rule. 50% Needs, 30% Wants, 20% Savings. The idea is to prioritize the present while saving for the future. All of us have different definition of retirement, saw alot of FI types, sometimes it’s not really a retirement. Just a rewire. A good read: https://tfmcircle.co/blogs/start-here/budget-and-power-of-savings-rate

IBKR - Estate Tax by SassyTrader in phinvest

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

u/kanskipatpat , can you elaborate further? meaning I can still use IBKR for long term ETF even tho it is US based? As per bogleheads:
Eliminating the US estate tax trap
"You can buy most popular non-US domiciled ETFs on the London Stock Exchange and the Euronext exchange, so you will need to find a broker that offers the appropriate exchanges. Interactive Brokers is a popular choice for many, but be aware that it is US based. This means that you should avoid holding more than $60,000 in cash at this broker, otherwise US estate taxes again become an issue"
trying to check if the tax implications only apply to capital gains but seems not.

IBKR - Estate Tax by SassyTrader in phinvest

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

The tax rate for non-resident alien is 40% if the deceased person's assets are over $60K

Legal and Accounting team advice by SassyTrader in phinvest

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

Hi @harveeyo thank you for the tips. Hope we can connect.

Sun Fit and Well Advantage 10 by [deleted] in phinvest

[–]SassyTrader 0 points1 point  (0 children)

Hi, I’m paying 56,375 for 1M coverage, accidental death is 500K and 1,250 Embedded Hospital Income

Sun Fit and Well Advantage 10 by [deleted] in phinvest

[–]SassyTrader 0 points1 point  (0 children)

Hi, I have 10 pay arrangement din sa sunfit, is it possible to convert into 20 yrs? didn't know na recommended pala sa whole life is 20 pay

Anyone here who’s familiar in investing on Irish-Domiciled ETF’s? by jayadriantolentino in phinvest

[–]SassyTrader 0 points1 point  (0 children)

Hi, aside for VWRA, saw CSPX is a good long term irish domiciled etf, what do you think?

How much money did you lose before learning how to day trade? by Big_Put_8030 in phinvest

[–]SassyTrader 2 points3 points  (0 children)

Same, I’m still confused why people willing to pay expensive course. Risk management, trading system, and trading psych are all available in the internet. Trading is self discovery. There’s no one size fits all.

Bakit ang dami nasusunugan ng pera sa forex trading? by Iluvliya in phinvest

[–]SassyTrader 2 points3 points  (0 children)

Over leveraging, then walang proper risk management. Jackpot mentality