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Opening brokerage and cash account in Singapore for foreigners

Opening brokerage and cash account in Singapore for foreigners 


I started to evaluate where i could open a second broker account to deposit money.
Reason is not to have all savings in one country, call me paranoid or whatever ;)
And Singapore was perfect for me strong economy, high legal saftey and big banking sector.

We where in Singapore for vacation and i checked if i could open a bank account but its not possible anymore for non residents.
After i was back home i searched for possibilities and i found one vendor which offer a broker account including multi currency cash account.

https://secure.fundsupermart.com/fsm/account-opening/main

After sending a copy of my passport and a actual invoice from my energy provider i received the activation code via mail.
On the webpage is written the account for foreigners is opend in Hongkong or India but i dont see any difference or note that it is like this.

I can trade now shares in Singapore Dollar on the SGX or in US Dollar on the NYSE for e…

Update saving plans

I have made some changes in the saving plans.
When you compare the performance from my Lyx Euro stoxx 600 and MSCI World there is a difference from 3% in one year.
So i decided to buy a new ETF MSCI World All Country here the emerging markets are included.
We will se if the performance here is more convincing.

I also bought some stocks in the dip last year in december which pays off now.
Its always hard to buy, an see its dropping down more but usually the market always turn back after a while.

Now the anual return is by approx. 7% since 2015 which is great and proofs the long term passive ETF strategy and buy the dip is working.

I only have to be used to learn to stay relaxed whe the stock portfolio is wanking about 1000€ a day down or up.

All updates new buys and acutal worth of the stock portfolio can be watched in the Live updating Google Sheet its under the Investment tab.

Update depot and new updating calculations on sheet

Hi all,

exciting times on the stock market but i love it when everyone is scared and prices drops. I used this to increase my position on the DAX the prices are underrated in my eyes. Its always a risk but normaly it pays of for me. I also increased the monthly saving rates for my ETFs to use the low prices.

new updating calculations on sheet
Changed some calculations on my live updating Google sheet. -Result p.a. since 01/2018 is now added and and self updating the value 
For questions feel free to ask

Review Q1 & Q2 2018

Short Update about the past two quarters

A lot of changes:
I sold Phillips 66 in total with 23% profit (i know to early but you never hit the perfect time).

As posted before changend my saving plans to Lyxor.
I also increased the amount of them because of a salary raise.

I stopped 2 saving plans MSCI World Consumer / MSCI World Healthcare because of bad performance and high cost.

Actual Performance from the past two quarters is about 11.4% one reason is the Exchange rate from the US Dollar to the €.
The Whole Depot is approx. 16% in Plus.
I am very happy about the performance and keep going.

You can watch the share depot live updating here.
Live Updating share depot


Saving plan
Name  / Amount
MSCI World ETF 750€/month
MSCI India ETF 100€/month
MSCI Euro Stoxx600 250€/month

Saving Cash
3000€
Something from selling Philips 66 and dividends to buy some extra shares MSCI World ETF when market drops a bit


Dividends

18.04.2018 Eurostoxx Select Dividend 87.48€
30.04.2018Munich Re ->172€


Capita…

Review 2017

Honestly i first start tracking the saving plan for this year, next half year overview then is complete with all older positions.

With the Saving plans i get a yield from aprox 5%/year its a good value but pretty low for the record year.
The reason for the "poor" performance is that the biggest stock are in USD Dollar and shown in €.
All in all for a good year.
I keep going with my savings only changes the ETF´s from Comstage to Lyxor simple reason the promotion from my broker for Comstage ends.

 The whole Depot is now 15% plus.

And Ive done my first Crypto "Invest" in Verge XVG. https://vergecurrency.com/langs/en/ It was not that easy to get it like a stock and its very bumpy but interesting an I've learend a lot.


Hope you all had a Good Start into the new Year
Happy Investing in 2018

Half year Update

Hello Together,

i want to give you a short update whats going on in the last 6 months.
As you see it´s very boring only to have saving plans but the time is your friend and bring you the money.

Saving plan
Name / Count / Amount / Performance
 MSCI World ETF / 65,8 Shares / 3000€ / +9% the wohle position

Saving Cash
nothing because of buying a house and do a lot of reconstruction work

Dividends
14.12.2016 DEKA Dax ETF ->6€
01.03.2017 Phillips66 ->7,60€
04.04.2017 Eurostoxx Select Dividend ->30 59,68€
02.05.2017Munich Re ->172€

Relocation
Move to a own house and save now the rent (Ok now paying the bank ;-))

Upcoming Saving plans
Eurostoxx 600 ETF 100€
MSCI WORLD HEALTH CARE 100€

Saving money for defense ETF
Saving Dividends

Robo advisior
Small Amount by Cashboard not that convinced that i can recommend it but gives me a free depot where i can do my capital accumulation benefits

Capital accumulation benefits
I have a capital accumulation benefits here in Germany my employer pays me 20€ i…

Difference manged Fond and ETF

I want to give s short overview about Advantages from ETF´s


ETF:

Cost: approximately 02-0,8%

Diversification: for example MSCI WORLD ETF 1600 company's in one ETF

Saving plan: you can easily install a saving plan you can start with 25€
Fee: A lot of the saving plans are free from a fee

Huge selection with different sectors: you can combine different Sectors very easy with ETF and lower the risk instead of buying single company´s shares

Growth: It depends on the ETF when you buy an index ETF its´approximately the same growth and over the years nothing beats the index

Tax advantages: You can buy synthetic ETF instead of replicated here dividends are different taxed (in Germany)

Risk: It depends on the ETF but by an Index ETF you have a huge diversification but also the MSCI World Looses up to 50% in the worst crisis.


Managed Fond:

Cost: approximately 2,5-6%

Fee: approximately 1-3%

Growth: nothing beats the index over the time some years could be better by a managed fond but you always have Fee a…