Asked on 23 Aug 2019
This might sound like a big "NO" due to the fees for buying & selling. I now have 10 overseas shares with Phillips Securities and the fees are $240 pa (about 0.5% of what I paid for all the shares). I intend to keep long term. Hence I'm considering selling off my shares in phillips ($25/trade) and re-buying them in SCB ($10/trade) which has 0 custody fees. Transfer is $53.50 per share. Any advice / opinion?