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 Singapore Stocks

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Ramjade
post Nov 22 2023, 10:15 AM

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QUOTE(gashout @ Nov 22 2023, 12:39 AM)
Thank you bro!

I've thought hard about reits as well but no. So I only buy banks. Not playing reits as it's sensitive to trend and time.

Singapore banks solid. No trend no time. You're safe parking your money in a well guarded government and where hundreds of billionaires flocks to live there.
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Good choice.
Ramjade
post Apr 13 2024, 01:46 PM

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QUOTE(Avangelice @ Apr 13 2024, 08:45 AM)
Good morning, you guys using ikbr for Singapore stocks? So does it mean

I transfer sgd ikbr or usd to ikbr to buy sg stocks?
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Some use. Some don't. I do. Cause it's cheaper for me Vs using sg stock brokerage.

Of course you can. Like I have written many times.
1. Open sg bank account preferably cimb sg ,(as no lockup fees). Mine only have SGD0.10 inside biggrin.gif
2. Open money match or Sunway money.
3. Use money match or Sunway money during normal working days to send RM to SG bank account. You will save lots as both of them provide close to money changer rates
4. Once SGD available in your SG bank account, deposit the money into Ibkr for free using FAST transfer.
5. Now you can convert the SHD into almost any currency at USD2.00/conversion using real time market rates. Rates you normally won't get even if you are a priority customer.

QUOTE(Avangelice @ Apr 13 2024, 10:49 AM)
Perfect. I opened another ikbr account this morn. One for us lse domiciled etf and holding usd and the other for Singapore Bank stock  holding sgd.
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You cannot open so many account. One account per ID (NRIC)unless you are doing joing account. You know right one account let you invest practically anywhere?

 

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