Is it worth to get charged conversion on moomoo (from SGD to USD) and buy CSOP?
i am really hesitating to do so especially seeing a huge amount lost instantly after the conversion, but the CSOP gain is getting more attractive… what do you guys do? do you stay in SGD fund or you guys actually converted?
if i convert to USD, i might use it to buy some US stocks later![]()
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Dadacai : Besides the spread of currency conversion, the fluctuation in currency exchange rate will also affect the value of the investment.
102330386 OP Dadacai : Yea … agree on that.
102450082 : I am also the main way to buy US stocks
DofKH : why are you saying a huge amount lost? the only lost I can see is the conversion which is not considered a very attractive rate. Other than this, can't think of any other "lost".
102330386 OP : That’s exactly what I meant with “seeing a huge amount lost instantly after the conversion” … 🫢
102330386 OP 102330386 OP : And if the amount is huge enough to feel the forex loss pain …