Your link is the .sg version. does it matter or need the international version? Does your link still give the referral top-up bonus (Referred accounts will receive $1 in IBKR shares for every $100 of value (cash or other assets) added to their account for up to $1000 worth of IBKR shares.)?
Hmm can we earn interest on cash meant for cash secured puts? Next , do we need to consolidate 2 accounts (I.e individual and joint) to enjoy higher interest? Or just based on each NAV inside the account and we earn the interest according? Tks for your videos anyway
if you buy us t bills it is still considered cash? e.g. if you have 100k cash and 10k t bills, wouldn't the 4.8% interest just be on 90k? (cash above 10k)
Hi Kelvin, may i check if is it per account ? or IBKR will auto aggregate the currancy available across all accounts ? also the rates of 4.83% is per year right and not month? thanks in advance
If convert SGD to USD won’t ibkr earn forex difference and that will wipe out the interest instantly? Then if u want to change it back to sgd to withdraw, one more time forex conversion fee? Den no interest alr right?
The main reason you would convert to usd is because u want to invest that usd. The interest is accumulating, so once you earned it, it won’t get wiped out
based on my knowledge. u need to have 100 shares of S&P then can sell covered call. Unless u planning for PMCC, then buy LEAPS call on S&P then can sell call for premium. #my2cents