24 Feb 2020
The most obvious benefit for Robo is DCA but doesn’t benefit me LT (need to cash out in 5-10 years time or fees become excessive). But for individual ETF via a broker, fees are much pricier and probably impossible for me to decide to do monthly DCA. What do you recommend?
Do it yourself
open U.S. brokerage account with
0.00 USD commission fees (15% witholding tax on ETF dividend earnings are lost then however)
transfer/switch your SGD to USD to destination U.S. account with Transferwise
more on my thinking:
If you want solely ETFs, then go with brokers. If you were to go with roboadvisors, it's unlikely yo...
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