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Showing posts from June, 2017

Why I don't play in overseas stock markets

Despite home-base bias and possibly missed opportunities by only investing in SGX stocks, the big deterrent for me to dabble in overseas stock markets are the additional costs of trading and holding the foreign exchange's stocks. See  https://the-international-investor.com/international-stockbroker-list/singapore-stock-broker-list Trading commission + nominee service fees (custody fee, admin charge etc) + FX fee + withholding tax on dividends And of course... there's foreign currency exchange rate risk. To sum it up, I am just too lazy to monitor the other markets. If I want foreign market exposure, I could buy shares of locally listed companies with stakes overseas. Can anyone convince me otherwise about buying stocks from overseas exchanges? *** Check out my  Blog Archives here  for previous posts