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Anonymous
Compared to DBS Vickers or FSM
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Shengshi Chiam, CFA
28 Jan 2020
Personal Finance Lead at Endowus
Use Interactive Brokers instead. It is the cheapest.
Yesterday I rebalanced my portfolio selling some of my bonds for equities, it only costed me around USD 9 for 3 trades worth value of around USD14k.βββ
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-to have your assets diversified onto
different continents
-to experience zero (!) commission fees for stocks and etfs
-to experience (TD Ameritrade) no
account maintenance fees
afterthought 1: Singapore commission fees will step by step also approach zero
afterthought 2: a U.S. brokerage account is not really that important if You follow a long-term buy&hold strategy