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Anonymous
I'm thinking of DBS Vickers and FSM One? I'm not really sure why people recommend to use DBS Vickers to buy and then FSM One to sell though.. Would love some clarification here. Thank you!
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When you already have a mainstream online broker, and given the generally current low commission fees, plus you want to hold that investment over very longterm, the commision fees are not anymore so important, clearly below 0.20% generally, or already 0.00 USD with some U.S. online brokers (bur you cannot trade STI ETFs with all of them). And You are right, given minimum trade fees of f.ex. 10 SGD this would mean 1% which as a relative measure is expensive, so you could maybe save more to have a bigger investment sum with than relatively lower fees.
Maybe the bigger tradeoff is the selection of STI ETF in the first place, compare your choice against the SP500 and MSCI Singapore ETF over 10 years:
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This is similar to a recent question posted, you can read my response here: https://seedly.sg/questions/cheapest-way-platfo...
Let me know if you have further questions :)