actually bro. I been testing out a stock portfolio. you don't have to do day trading and invest in big cap companies. also if you follow fund fact sheets you will roughly know where they invest in and likewise do the same. now I'm testing out DCA method on my portfolio. don't always do multiple sales and you do fine. same as UT

I agree. Doing the stocks way is doable but need upfrant large amount which I don't have.

Sorry if you say cost is not important, why bother buying from FSM Malaysia? Better buy from agent and kena charge 5.5% right? Cutting down cost = more saving. 1.5% is in the NAV already. That one cannot save. But save where you can. i.e: Service charge. If I want to save, I will go for ETF (that's my long term plan), Right now, no account cannot do anything. Waiting for account to be approve.

Why bother paying 0.4%/pa (FSMOne) when Philips giving only 0.75% one time charge? What's 3% saving? I already calculated. For every SGD1k you park inside FSM/Philips per year for 10 years, FSM earns about SGD2200 while Philips only earned SGD750.

If you add another zero to 1k to make it SGD10k/year, FSM will earn SGD22000 and Philips only earn SGD7500 from you. SGD22000 might not be alot for you. But that's alot for me.

Further proof


By choosing Philips, one save 65.91% over 10 years which if annualized is 6.591% pa. FSM platform fees of SGD2200/SGD10k is 22% of your money. Almost 25%!!!   Compare that to SGD750/SGD10k. Only 7.5% (still acceptable)

Now tell me again cost is not important.
Cost is an important part. Never underestimate cost as it add up overtime. Eg is shown above. If people tell you cost not important either:
1) Person have too much money
2) Never do calculation enough

Num of min for Sg stocks is 100 units. U can give a try.

True.. but then you need to get documents signed by notary public, then you need to courier it to them.. those are costs too. Unlike FSM one, they just need it to be scanned and emailed.

Not if you are a walk in customer. Besides it's only one time payment. And it will be cheaper if done via Govt instead of private.. How much are these cost compare to FSM charges over time? 

Don't you need to have a Singapore address for them to waive that requirement?

Nope no need. They told me walk in customer is alright even if you are a Malaysian.

Okay, the website says you have to have a Singapore address though. So you have to factor in the cost of accomodation in Singapore as well. Three days in Singapore is easily 300+ bux.

Nope. Just take a night train to Singapore, Reach in the morning. Take another night train back to Malaysia. No accommodation cost. For food, I can survive 1 day on bread. I already planned out in case my application from Malaysia tak jadi.

Alternatively, you can get DllarDex to mail the forms to you and you mail them back.

Dollardex is 1%.. considering TT charges, might be more than 2% depending on amount.

Still cheaper than FSMOne in the long run.

Nope. Just take a night train to Singapore, Reach in the morning. Take another night train back to Malaysia. No accommodation cost. For food, I can survive 1 day on bread. I already planned out in case my application from Malaysia tak jadi.

Alternatively, you can get DllarDex to mail the forms to you and you mail them back.

Is it worth to TT to SGD now? MYR is so low now...

AIYH where did you find the option to filter risk return ratio?

Fund selector option, once you search, on the performance data, see the risk return ratio column, can sort