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Anonymous
Hi there, can anyone recommend me an investment brokerage platform suitable for buying and holding stocks for long term investments? I am aiming to hold for at least 5-10 years. Thank you!
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Colin Lim
22 Apr 2020
Financial Services Consultant at Colin Lim
Buy and hold....FSM maybe good if you are focusing on Singapore stock market.βββ
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Hey Anonymous, since you are looking to hold for a long duration of time, it is vital to minimise th...
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Good that You have a 5-10 year perspective, that is definitely needed with stocks.
Better than single stock investing is passive ETF investing, better success rate, as evidenced by many studies.
my answer: given that the fees are already so low, almost any mainstream online broker will do, my favorites: TD Ameritrade, POEMS and FSMOne.
The higher Your lump sums and longer Your horizon, the less important nowadays the commission fees.
More on my thinking here:
https://seedly.sg/questions/what-is-your-genera...