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Hi, mooers!
With the upcoming GST hike from 7% to 9% and the market's volatility as the Federal Reserve puts a pause on interest rate cuts, the question arises: How can we adapt our investment strategies to navigate these uncertainties? What's your take on the likely market trends?
During these uncertain times, money market funds stand out as a smart investment, fighting off inflation and offering a steady source of income.
Looki...
With the upcoming GST hike from 7% to 9% and the market's volatility as the Federal Reserve puts a pause on interest rate cuts, the question arises: How can we adapt our investment strategies to navigate these uncertainties? What's your take on the likely market trends?
During these uncertain times, money market funds stand out as a smart investment, fighting off inflation and offering a steady source of income.
Looki...
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102119479
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Hi, mooers!
Welcome back to the SG Guidebook series! In the previous part: "SG Guidebook: Why should we invest in US stocks?", we received so much valuable feedback that means a lot to us.
On this page, we will introduce some must-known and frequently-asked questions that you probably don't wanna miss.
Here are the key takeaways:
The US market has pre-market and post-market to extend trading hours.
You can buy or sell 1 share each time.
Taxes on dividends is 30%. But you are exempt from the US capital gains tax.
1. Different Market Rules
Market trading hours:
Unlike the Singapore stock market, the US stock market has pre-market and post-market, which expends the trading time of the day.
Note: During the US winter time (US standard time starts on the 1st Sunday in November and ends on the 2nd Sunday in March), the trading time shifts to SGT 10:30 pm to 5 am.
Minimum share:
On the US stock market, you can buy or sell 1 share for every single trade, while in the Singapore stock market, you can onlybuy or sell100 shares or the integer multiples of 100 shares each time.
Take $Apple (AAPL.US)$ as an example: you can buy 1 share for US$145.58.
Take $SGX (S68.SG)$ as another example: you have to buy at least 100 shares for SG$1,008.
2. Taxes and fees:
As people always say, there are two things that we can't get rid of, which are tax and breath.
What do you have to pay for taxes on US stocks? Let's check it out!
Taxes on dividends
Non-resident aliens are subject to a dividend tax rate of 30% on dividends paid out by US companies.
Capital gains tax
If you are a non-resident alien of the US, then you are exempt from the US capital gains taxes without being a tax-slayer. Normally, a US citizen needs to pay capital gains taxes (up to 37% of gains) when selling the shares for a profit.
Note:
Non-Resident Alien (NRA) includes people who are not US citizens, green card holders, nor living in the US for 183 days during the year.
The above information is quoted from US Tax Guide for Aliens and made available for informational purposes only. Futu does not provide tax advisory services. Please consult a licensed professional for details.
Miscellaneous fees
Besides brokerage fees, there are other miscellaneous fees collected by the SEC or Settlement Agencies.
On the US market, those fees include:
On the SG market, those fees includes:
To get more details about commission&fees, please go to "Me-HelpCenter-Fees".
3. How to start trading?
Join the US Stock Paper Trading to win up to SGD8,888
A good start is half success. Without risking your own money, you can improve your investing skills & trading strategies before you enter and beat the market.
Your $1,000,000 Virtual Cash is fully loaded. Join Now and Win Big >>
Have fun in your investing journey! Please leave your comment below for any ideas or questions.
You may also be interested in:
SG Guidebook: Why should we invest in US stocks? (Part 1)
Singapore User Guide: How to trade stocks on moomoo?
Welcome back to the SG Guidebook series! In the previous part: "SG Guidebook: Why should we invest in US stocks?", we received so much valuable feedback that means a lot to us.
On this page, we will introduce some must-known and frequently-asked questions that you probably don't wanna miss.
Here are the key takeaways:
The US market has pre-market and post-market to extend trading hours.
You can buy or sell 1 share each time.
Taxes on dividends is 30%. But you are exempt from the US capital gains tax.
1. Different Market Rules
Market trading hours:
Unlike the Singapore stock market, the US stock market has pre-market and post-market, which expends the trading time of the day.
Note: During the US winter time (US standard time starts on the 1st Sunday in November and ends on the 2nd Sunday in March), the trading time shifts to SGT 10:30 pm to 5 am.
Minimum share:
On the US stock market, you can buy or sell 1 share for every single trade, while in the Singapore stock market, you can onlybuy or sell100 shares or the integer multiples of 100 shares each time.
Take $Apple (AAPL.US)$ as an example: you can buy 1 share for US$145.58.
Take $SGX (S68.SG)$ as another example: you have to buy at least 100 shares for SG$1,008.
2. Taxes and fees:
As people always say, there are two things that we can't get rid of, which are tax and breath.
What do you have to pay for taxes on US stocks? Let's check it out!
Taxes on dividends
Non-resident aliens are subject to a dividend tax rate of 30% on dividends paid out by US companies.
Capital gains tax
If you are a non-resident alien of the US, then you are exempt from the US capital gains taxes without being a tax-slayer. Normally, a US citizen needs to pay capital gains taxes (up to 37% of gains) when selling the shares for a profit.
Note:
Non-Resident Alien (NRA) includes people who are not US citizens, green card holders, nor living in the US for 183 days during the year.
The above information is quoted from US Tax Guide for Aliens and made available for informational purposes only. Futu does not provide tax advisory services. Please consult a licensed professional for details.
Miscellaneous fees
Besides brokerage fees, there are other miscellaneous fees collected by the SEC or Settlement Agencies.
On the US market, those fees include:
On the SG market, those fees includes:
To get more details about commission&fees, please go to "Me-HelpCenter-Fees".
3. How to start trading?
Join the US Stock Paper Trading to win up to SGD8,888
A good start is half success. Without risking your own money, you can improve your investing skills & trading strategies before you enter and beat the market.
Your $1,000,000 Virtual Cash is fully loaded. Join Now and Win Big >>
Have fun in your investing journey! Please leave your comment below for any ideas or questions.
You may also be interested in:
SG Guidebook: Why should we invest in US stocks? (Part 1)
Singapore User Guide: How to trade stocks on moomoo?
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In this article, we will introduce what are the IPO lock-up period and its expiration.
IPO lock-up period
A lock-up period on an IPO is a window of time when early investors and company insiders are not allowed to sell shares. It is set to prevent the market from being flooded with too much supply of a company's stock after the IPO immediately and stabilize the stock price.
When a privately held company begins the process of going public, key employees may receive reduced cash compensation in exchange for shares of the company's stock. Many of these employees as well ...
IPO lock-up period
A lock-up period on an IPO is a window of time when early investors and company insiders are not allowed to sell shares. It is set to prevent the market from being flooded with too much supply of a company's stock after the IPO immediately and stabilize the stock price.
When a privately held company begins the process of going public, key employees may receive reduced cash compensation in exchange for shares of the company's stock. Many of these employees as well ...
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You may have seen analysts giving enterprise valuations in their reports or news on one institution raise or lower the target price of certain companies. These figures definitely didn’t come out of the blue, so how are they calculated?
There are 2 categories of valuation methods, absolute valuation and relative valuation. In this article, we will discuss what absolute valuation is and how it works.
What is absolute valuation?
Absolute valuation models aim to find a company's intrinsic value based on ...
There are 2 categories of valuation methods, absolute valuation and relative valuation. In this article, we will discuss what absolute valuation is and how it works.
What is absolute valuation?
Absolute valuation models aim to find a company's intrinsic value based on ...
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