Work, but not really relevant to this thread!

Paying 5% 1.5% annual fees? Better I go with SG UT at 0% SC.

Bro,... if you are thinking of succeeding in investing elsewhere, then it's okay to change now, and pls do not worry abt what might happen to the MYR in future. Even if the MYR should strengthen in future, you would have earned to foreign currency dividends overseas. If you worry abt the exchange rate, and worry abt what to invest in, worrying abt so many things,.. you will never start,...

If you intend to benefit (or profit) from the exchange rate, then yes, if you take the view that the MYR will strengthen again in future, then you put yr MYR into FD or PNB Fixed Price funds now, while waiting for the time to convert after the MYR regains its so-called strength.

What I read from what you wrote is you wished to succeed in overseas investments, then focus outside, bro,... change yr money now,...if you're keen on SGX, go buy some SG REITs now,...start earning the dividends. Then you will have a better feel when you see SGD dropping into yr account.

Never mind, question have been answered in another sub-forum.

This post has been edited by ILoveLalat.net: Feb 23 2017, 11:13 AM

rjb123, I just realised SCB SG is cheap to buy and hold ETF.

Only USD10/0.20% trade. No monthly free/custodian fee.

Much better than IB.

$10 per trade isn't bad - not cheaper than IB though

Of course IB downside is the monthly fee if you're at less than $100k

What does it take to open SCB SG trading account?

Pick either 1
(1) priority banking with SCB SG
(2) saving plan of SGD400/month for 10 years or SGD500/month for 5 years but money is locked for 10 years. Both supposedly give you 3% return
(3) Buy UT from them worth SGD50k at 3% service charge
(4) Have mortgages with them.

u mean cant open other bank saving account and then open SCB SG trading account only?
must SCB SG saving account a requirement?

Yes. that's right. To get their trading account, they will need you to open account with them. It's compulsory. I wish we could do that open use other bank account and use their trading platform.

This post has been edited by Ramjade: Mar 4 2017, 09:46 PM

What's the AUM for Priority banking? Couldn't see it on their site.

I actually opened an account with OCBC Securities a while back but never used it as had issues linking it to my savings account.

Considering DBS Vickers as I'm interested in their FCA too, need to resolve my CDP account first as I can't remember the details after never using it

SGD250k. It include any stocks/ETF that you bought
After become priority customer, don't need to pay their USD10/0.20 fees. You pay only 0.18% of what you buy/sell.


This post has been edited by Ramjade: Mar 4 2017, 09:48 PM

I see - so around $180K USD - quite high!

Well with Priority banking, it beats IB hands down as everything you trade with them is counted (don't need to buy unnecessary investment product) without custodian fees, min fees.

Yeah not bad - just a high minimum to get started.

Maybe I'll give it a try if I get to SG sometime.

u can try tradier cheaper than TD
https://brokerage.tradier.com/pricing?utm_s...campaign=footer

Nah ib is still better. The forex conversion is close to market rates. Scb will kill you in the forex spread. If you can afford to invest 100kusd. Definitely go for ib. Else scb is the next alternative

This post has been edited by orangbulu: Mar 20 2017, 12:47 PM

Guys,... just a thing here if you are not already aware,... since this is an ETF thread,... if you have a DBS account, you can just subscribe to one ETF via the DBS/POSB ATM ! It's as simple as that,...

Everybody can buy it,.... just need to have an ATM Card and press a few buttons at the ATM. Yeah,.. need to have some money too,....

You are forgetting one thing. If STI is ok. If other country fund there's a maintenance fee

There are better option to buy foreign ETFS.

Well, this is one quick option that I thought of at the moment,... you can always consider to just walk to the ATM and buy this ETF when the timing is right, I'm not asking you to go buy now !