I have some SGD15K sitting in my OCBC360. Can I do stocks with this amount of capital? Any good recommendations for brokers? I'd like to buy US stocks! - Seedly

OCBC 360

Investments

Asked by Anonymous

Asked on 29 Oct 2018

I have some SGD15K sitting in my OCBC360. Can I do stocks with this amount of capital? Any good recommendations for brokers? I'd like to buy US stocks!

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Yes.

Standard chartered low fees but their exchange rate not awesome.

Do you know that investing in the US for non-US investors there is a 30% withholding dividend tax on your dividends? Make sure to take that into account.

Dont invest everything and save some for rainy days around 3-6 months expenses.

Only invest money that you are fine with losing.

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