Finally! Vanguard Hong Kong has launched three brand new ETFs listed on the Hong Kong stock exchange.
For those who have read my previous entries, such as getting started investing in Singapore and the guide to Singaporean ETFs know that I really like low cost index funds and investors now have three brand new choices available in Hong Kong.
Dividends are tax free in Singapore? Yes they are, but there are still bad surprises waiting for investors who want to buy some foreign dividend stocks and funds listed on stock exchanges abroad. Let me explain my silly mistakes and hopefully prevent some of you to fall into the same traps.
May was a turbulent month to say the least. Portfolio value increased slightly to SGD 33,176 with the terrible performance of the stocks bought during my silly stock picking days dragging down the overall performance considerably.