In collaboration with DBS Vickers, I’m excited to share my insights, keeping in mind that these reflect my professional and objective views under Beansprout. There’s a noticeable trend these days among Singaporeans driven by a keen interest in investing in the US market. This move towards diversification beyond local assets is spurred by the attractive rise in US stock values.
A personal habit I’ve embraced is dedicating at least 10% of my income towards investments, a strategy I’ve found rewarding. Yet, a common concern arises among potential investors—they often wonder how they can tap into US stocks without breaking the bank. A prime example illustrating this challenge is Tesla. As of November 26, 2024, owning just one Tesla share would set an investor back about US$338, or approximately S$450. This price tag is quite steep, especially for younger investors who are just starting to build their portfolios.
Enter fractional trading, a game changer…
