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ZIGGING by Mark Sigg
Philippines
เข้าร่วมเมื่อ 3 เม.ย. 2008
I'm Mark and I cover a few things here: Wine & Food, Business & Finance, and Travel & Lifestyle. I know, those different things don't typically blend into one another! But more than anything, this is a vlog that seeks to share my personal experiences and interests. It's my objective to demystify all these. Hopefully, we both come out of this with more useful knowledge before we started!
My biggest influences on TH-cam are Graham Stephan, Lost LeBlanc, and Guga Foods. If we're talking outside TH-cam, let's include the OG: Anthony Bourdain. I like to think that my channel is a coming together of all these as an homage to them all.
Currently watching Simple Joys, WineKing, Flight Attendant Jojo, Maskit Mati, and CandE Adventures.
Hit me up at ZiggingByMarkSigg@gmail.com
More wine reviews? Follow me on Vivino: www.vivino.com/users/mark.sigg
My biggest influences on TH-cam are Graham Stephan, Lost LeBlanc, and Guga Foods. If we're talking outside TH-cam, let's include the OG: Anthony Bourdain. I like to think that my channel is a coming together of all these as an homage to them all.
Currently watching Simple Joys, WineKing, Flight Attendant Jojo, Maskit Mati, and CandE Adventures.
Hit me up at ZiggingByMarkSigg@gmail.com
More wine reviews? Follow me on Vivino: www.vivino.com/users/mark.sigg
S&P 500 Index Fund: Is EastWest Bank Good?! 7-Month Update
It's been 7-months since I started investing in the S&P 500 via Eastwest Bank after investing via BPI in the last 8-years. When BPI doubled their trust fees from 0.75% to 1.5% in February, I just couldn't to continue my investments through them even though I am in their Preferred Banking program. I decided to move all my future investments and thankfully, I found many S&P 500 alternatives offered by BPI's competitors - - - - all offering lower trust fees! I did some number crunching on the perceived performance of the funds in the last 10 years in my video in March: th-cam.com/video/_l3BVqG0NP4/w-d-xo.html
Based on the previous video, BPI's competitors all had compelling offers. Where one outdid another though would be in terms of the minimum investment to start and the additional top-ups each time you'd want to invest. Another major factor would be the starting amount you would need to put in to start your savings account and the average daily balance you would need to maintain. Ultimately, I went with EastWest bank and here's why:
th-cam.com/video/jk-lOi4OxDA/w-d-xo.html
Admittedly, it's my first time ever to bank with EastWest Bank and of course, there have been some adjustments these last few months. Definitely lower trust fees but some inconveniences. Has it been worthwhile? Watch on to view my full experience...
Sub-count: 9,822
#uitf
#sp500
#sp500today
Based on the previous video, BPI's competitors all had compelling offers. Where one outdid another though would be in terms of the minimum investment to start and the additional top-ups each time you'd want to invest. Another major factor would be the starting amount you would need to put in to start your savings account and the average daily balance you would need to maintain. Ultimately, I went with EastWest bank and here's why:
th-cam.com/video/jk-lOi4OxDA/w-d-xo.html
Admittedly, it's my first time ever to bank with EastWest Bank and of course, there have been some adjustments these last few months. Definitely lower trust fees but some inconveniences. Has it been worthwhile? Watch on to view my full experience...
Sub-count: 9,822
#uitf
#sp500
#sp500today
มุมมอง: 1 883
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Scam yan bossing, 45k q na inivest sa kanila, tumubo lng ng 1k in 6months kaya winithdraw q n lng, at ito ang the best part, 3months na walang dunadating na 45k sa gcash q. Scammer yan brader dpt wag m n content yan dadami lng mabbiktima nila.
i'm surprised that you are the only one advocating investing in the SP500 here in the Philippines SPDR or SPY ETF is the most recommended investment portfolio in the US because of its constant growth we're fortunate that our banks began creating uitfs and mfs for SP500 considering that many online trading apps like etoro, shari shari, [and possibly gotrade] will get banned soon an opportunity to enter that market is truly a blessing
Saan po kayo nagpapalit ng peso to dollar pag naglalagay kayo ng investment monthly?
Sir malambot ba ang clutch?
I suggest wag kayo magiinvest jan sa gfunds na yan, 35k inivest q, kumita man sya wla pang 1k in almost a yr, winithdraw q sya lumipas ang 2 months wlang pumasok na pera s gcash q, in short ninakaw nila ang 35k q. Di n q naghabol kikitain q ulit yan, pero awareness lang, kung hndi pa ganun kalaki nailabas nyo, wag nyo nang ituloy. 35k? 2weeks lng bawi q n yan. Ninanankaw lng nila
Etoro is deemed illegal in Ph is actually crocs not getting enough money from them.
Why did you choose EWB vs BDO po?
Links to previous videos on description
hello sir!! can make a video for bdo s&p thank you!! happy holidays.
Sorry I'm not investing via BDO but I shared details on it when I compared the S&P 500 funds from PH banks
I watched this too late…😢
Thanks for the analysis! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?
What do you think about the new peso dominated SP500 fund of RCBC. Fee is 1%, .5% less than BPI
Received many comments on this in the past week. Not having to convert peso into dollars and having to meet the maintain a minimum amount for USD account is good.
Good day idol Pag mag open ka po ba ng account kailangan in dollars or in peso? Pati yung succeding top up kailangan ba dollar or pwde in peso?
Yes sir! BPI and RCBC pwede in Peso pero higher trust fees
saan po kayo nagpapalit ng peso to dollar pag naglalagay kayo ng investment montly?
May rcbc peso s&p 500 na...1% fee +.03% fee aa IVV etf
Yes, have received many comments in past week about this
Do you think it would be cost-effective to tranfer php from bank to Wise, convert php to usd, then transfer usd from wise to usd bank account?
Not using Wise myself so sorry, no working experience with this
weird that you're checking the 7 month return, these funds are meant for long years of being into it. what's weirder is you compared your 10% 7-month growth to the 10% average annual growth of the fund. dunno what you're deriving there.
Nothing weird about the vid. Judging by how you type, it's probably IQ diff.
@@dexvt1862 you dont check your progress of these kinds of etfs on a months-basis. this is a long term investment lol. moreover you don't compare the performance of 7 months to the annual returns and say "it's doing well". what do you mean by IQ diff? lol better go check in the mirror, friend
have you tried transacting your investing with other EW branches other than your mother branch?
Good question. I haven't found the need to. I imagine it should be the same since I have my investment account number to deposit to. Although wouldn't be surpsied if not possible, banks have surprising rules 😅
@ Yeah, I inquired last time regarding dollar account opening and they suggested that i open my USD savings at the same branch where i opened my peso savings. However that first branch isn’t the most convenient for me at this time 😅 so I was wondering if succeeding investments would require me to still go to the mother branch. I hope it’s not that way, kinda defeats the purpose of ONLINE banking 😅 Thanks for your great vid reviews!
I get that, your older accounts can literally be in a different place where your life is now 🤣 I'll ask the next chance re: investing from the mother branch and let you know. Thank you for the support 🙏
hi dba meron benefits if naginvest ka sa mga ganitong investment. for example a friend invested 1M worth sa uitf and perks daw nun is preferred na siya no need na daw magpila sa banks. hopefully may videos about this for other banks rin on what they can offer if you invest this amount from them
Yes, any money you put into a bank gets counted as part of your total business with them. I am Preferred in one of the banks but I don't really feel much of the perks 🤣 pila pa rin haha
@ZiggingbyMarkSigg meron ba ung if i put 1m sa bank nila* I get free insurance or GC's
Have you tried S&P 500 investment in BDO?
I haven't. Their minimum of $500 for every top was too high for me
great info! uitf options here are so bad, pretty inconvenient and kinda predatory :( -php to usd with wise -any international broker for s&p500, nasdaq100, BTC etf etc -deposit consistently -wait
Hi Mark. So far comfortable ako sa ganitong set up ni EWB.. hindi sya agad ma view sa app.. so old school.. plan ko kasi sya for retirement fund so no need for me to monitor.. pwede ko na sya kalimutan for 20 to 30+ years.. ayoko nakikita ups and downs haha.. I just believe in U.S Market and enough na yun sakin hehe..
Out of sight, out of mind 😆 I didn't monitor my investments too closely too until I started making these videos. But yes, it's good to just forget about them for a while!
Imt na po na yung Kia Sonet manual?
Get ready for 30k utilities and water leakage at Megaworld 😂😂
I can't say I'm surprised 😂
i saw your video and it is true, walang opportunity sa housing market ngayun. so stop muna ako sa real estate. naka focus ako ngayun sa Stocks mainly JEPQ, SCHD, VOO and MAIN. i have a 10 year plan to grow them and then retire na and then live on dividends. when that time comes pag uwi ko ng pinas benta ko na din lahat ng properties ko and hoping na nag appreciate na sila. I'm really excited for 2034
Do you have any recommendations for investing in US stocks.... ?
Pwede na po Peso sa RCBC sp 500, ,
are the Funds taxable once you withdraw your earnings? if yes, how much percent? thanks!
Displayed values of UITFs and Mutual Funds are always net of fees and taxes already
It's a Dividend fund. it's not a growth stock. It will not grow significantly or maybe not grow at all.
Wala naman ginagawa yang SEC, gusto lang nila magkapera, yung sama sama sa kanila na si edison tsai na ng scam sa seedin, wala silang action, kunwari lang under investigation
Thanks and more power.
Thank you very much! Very informative, po! I'm really interested in this type of investment. I'm curious, po, how much would be the tax for these investments?
Mutual Funds and UITFs would aiready reflect values net of taxes and fees
You didn't get the full amount because you deposited September 11 so you didn't get the interest for the first 10 days and digital bank interest are taxed 20%. I'd say digital banks/high yield savings account are worth taking advantage of while the interest rates are high.
Kamusta po yung clutch pedal, soft lng po ba kapag tinatapakan?
Yes, ang gaan lang ng clutch
Nice vid bro! keep it up!
Does Eastwest bank allow dollar account opening even if I dont have existing account from them? not even a peso savings/ATM. Thanks!
Yes that was my case
RCBC just rolled in with RCBC Peso S&P 500 Index Equity Feeder Fund on Nov 14. It's not even a month old yet, so we don't have real stats on it, but the fund still invests on the S&P 500 with a 1% Trust Fee
Thanks for the tip!
OMG! I thought SeedBox PH nabasa ko. Hays!
Nag try ako jan 5 investment..ung iba nag babayad yung iba.yung kita isasama sa puhunan..hirap lang mag wodrW
Any updates about this?
I already joinef Trc, before i was able to watch this video. And im happy im a member already. Thank you for your review.
Sir bakit di ko ma stop cpying ang aking copy trade? Pwede patulong sir?
Sorry it's probably best you contact Etoro customer support for that since I did not have any positions under copy trade and did not encounter that
You might be copying a trader who has positions on stocks which the trading was halted (e.g. QIWI).
IBKR uses WISE for deposits and withdrawals and does not have direct transactions with financial institutions in the Philippines. Since IBKR does not handle cryptocurrencies, I believe it is not subject to SEC regulations. What do you think?
You can use a WISE account to withdraw from Etoro too, but still banned
@@ZiggingbyMarkSigg I think eToro was targeted by the SEC because it dealt with cryptocurrencies. This is just my personal speculation, but since cryptocurrencies can send money from abroad, the remittance amounts from OFWs to the Philippines might decrease. Which would be a big problem for the country. Perhaps that’s why platforms that support cryptocurrencies are being regulated.. I think?
Hi sir zigg. Anong brokerage n po ang gagamitin nyo
BDO Securities since I have an account with them. Hopefully they offer GPDR's once available
20 years from now your loan for the property will cost you nothing with the value of the property
eToro is a very corrupt company. It hurts for many Filipinos but in the long run you be better off without eToro. For crypto you can use PDAX. For stocks Idk.
A post dated check can be used as a promise to pay!..yeaphh
Good video, babad sa overtaking lane 🤣
Is it possible na po ba to transfer funds from my peso savings to my dollar savings account digitally po?
I bought 365 shares from Waterfront Philippines for 0.395 per share worth Php145 only. I dont know how this work so I tried this amount as initial.
very great and simple review ❤
Thank you 🙏
I wonder, is that a conventional transmission? and not an i-VT?