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$CapLand IntCom T (C38U.SG)$ for sg stock would it b better ...
$CapLand IntCom T (C38U.SG)$ for sg stock would it b better to buy from banks so that it can resides on cdp?
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snow miku : if you want the shares to be in your name then yes you would have to transact thru brokers like uob kay hian , ocbc securities, dbs vickers etc
103794550 OP snow miku : ic. im looking for long term passive income. putting at custodian acct quite risky?
snow miku 103794550 OP : I don't know how to assess custodian account risk comprehensively, so I won't be able to answer this.
I suppose if a person makes 1 (big amount)trade and hold long term eg 5yrs 10yrs 20yrs then it certainly makes sense as there's only 1 transaction cost
b34r : If you're fairly sure you will be holding longterm (as in, months and years), it would be better to hold it in CDP in your own name; no point adding an extra layer of risk. If you intend to buy/sell frequently, custodian makes more sense, for the lower fees.
103794550 OP b34r : agree..
103794550 OP b34r : agree