QUOTE(prince_mk @ Feb 28 2017, 09:13 PM)
we cannot compare to Sifu Hansel. He is big player.
as for a start, I think you better use SGD. If you deposited foreign currencies other than SGD, you got to pay additional too. Up to you.
what if you bought at higher price when using USD
and also another rule of thumb, we can be always winning to the max at all times 
Yes. Deposit in USD will incur charges. But there is a way around it. Found it on SG forums. You only pay SGD10/transaction regardless of how much USD you deposit. So if you deposit USD1M, you still pay SGD10. That's the beauty of it. as for a start, I think you better use SGD. If you deposited foreign currencies other than SGD, you got to pay additional too. Up to you.
what if you bought at higher price when using USD
But to get the USD into trading account, is another problem. Drawing local USD cheque and depositing is FOC (source SG forums). That time when DBS gave a notice about the deposit charges for foreign notes deposit, Singaporean come out with this trick to move USD between banks FOC without the need to withdraw.
You cannot always win. But if you are investing for long term, I believe entry price won't be much of an issue.
Feb 28 2017, 09:36 PM

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