May not work in many cases. Get killed in accident. Or suddenly die in heart attack without warning. Nobody can know in advance when he is going...
The link you provided doesn't explicitly say cash in U.S brokerage owned by foreigners is not subjected to estate tax. For U.S stocks, that is...
Bad news for you. A google search will tell you such a law does exit. Better make arrangements accordingly before you pass away.
Because IBKR is a US broker and is subjected to U.S law. If your IRAS says tax foreigners' estate, then US companies have to follow the law. This...
No. Singaporean. For U.S citizens, I'm sure they have to pay estate tax regardless of whatever account wherever they are unless they quit U.S...
IBKR recently opened a Singapore office with a subsidiary registered in Singapore and regulated by Singapore financial regulator. My question is...
Foreigners have substantial estate tax when they invest in U.S stocks. How do you manage this risk?
What is the social value of SPAC? They aren't real businesses providing real products/services and real jobs to people. Isn't it inefficient...
There has been a flood of fake financial gurus during the Covid virus season in Singapore. This Singaporean decided to make a hilarious video to...
typo error ... act on self-interest at expense of clients.
This Michael Platt lacks integrity. It's ok to act on your self-interest but not ok if you take other people's money and act on your self-interest...
Thanks for informing. Seems like I'm not alone in having this problem. The problem should be at IB end.
I am not able to log into Interactive Brokers platform since around 1000hrs 18Nov2000 Singapore time. Is the entire platform down? I'm wondering...
It is a shameless way to make money. Nobody respects a person who gets rich at the expense of his customers. Hedge fund managers as a group seem...
Good to know you have no connection to hedge funds. This makes it easier to discuss hedge funds. Again, please do not be presumptious to assume...
You don't know me. It is presumptious of you to assume I'm not rich. Tell me, how would you know that I'm not rich? For all you know, I could be...
In this context, the loser chumps are the hedge fund sucker clients and the winners are retail index ETF investors. They bought cheaper and much...
Is "not being as concerned about absolute returns" a good enough reason to pay ridiculous high fees that enrich undeserving hedge fund managers at...
In the past, hedge funds can be marketed as being exclusively for rich, successful people. Rich people bought it for the snob appeal. Today, with...
The hedge fund industry is full of ultra-rich people who got there despite destroying massive value to their clients. I do not understand why...
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