this is my latest invest plan, *already doing* ;
i invest a base RM10,000 money market, and then wait some time like 1~2weeks for it grow a bit.
use some margin *RM-934.08* buy like 440.58usd dividend etf ;
$Schwab US Dividend Equity ETF (SCHD.US)$ i buy because watch some youtube explain,
$Realty Income (O.US)$ also from youtube, but i choose it because dividend pay monthly,
$NEOS S&P 500 HIGH INCOME ETF (SPYI.US)$ this one got highest dividend like 11.70%-30%us tax = i got like 8.19% *also pay dividend monthly
with these 3 dividend etf + money market, i think 🤔 it is safe to pay off the margin by itself
Now this point, i saw a funny problem 🤔 this plan the impact may be very small and very slow to grow bigger.
so i would need some appreciation stocks like Berkshire Hathaway-B (BRK.B.US)$ , the shares can go up, and it will give me more margin to invest dividend etf.
currently, my daily interest is RM -0.17
money market daily is like RM +1.14
Dec 2024 dividend is like USD +3.37 (after -30%us tax)
note : This is how i try. started on 11-Nov-2024, i do it because i saw dictators ensalve people, and then this imagination appeared in my mind : "i have worked for money since 2012, why not let money work for me"
Kenny105406897 : Hi bro sorry newbie into stock market wanted to ask about the dividend tax is it automatically deducted or do I have to submit anything? Thank in advance
102469875 OP Kenny105406897 : yes, the dividend tax is automatically deducted.
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so far, the dividend tax i saw is only US foreigners tax -30%
for your info : I am a malaysian, and i also speak chinese
Kenny105406897 102469875 OP : The problem is I’m a yellow banana can speak but can’t read 🥹
102469875 OP Kenny105406897 :
nowadays too many scam, i got called as scamer while approaching customer.
so i try to introduce myself, in writing.
no problem bro, my upper generation is the same as that, too.
102469875 OP Kenny105406897 : here is the sample
Kenny105406897 102469875 OP : So it’s directly deducted when it’s been issue to u?
102469875 OP : yes, their company will do it follow their law.
Kenny105406897 102469875 OP :
thank bro just scare later when want to go oversea cannot because of this tax problem only now can have a peace of mind 
102469875 OP Kenny105406897 : US company pay you money no pay tax, US Income tax will fined US company
you malaysian worried about malaysia income tax
Kenny105406897 102469875 OP :
so far just started into the stock market can let me know what in the stock market I’ve earn that need to pay for tax? I know next year start of dividend more then 100k per year need to pay for 2% tax that all I know 🫣
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