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Why SCB’s $10 Minimum Commission Makes Sense
By cheerful.egg  •  June 5, 2016
The financial blogosphere buzzed with activity this week when Standard Chartered Bank (SCB) announced that they’ll be removing their famous “zero minimum commission” policy from their online trading platform. From 1 August 2016, they’ll be imposing a $10 per trade fee. Sad face. What this means is that it no longer makes sense to invest in small amounts through SCB Online Trading. I won’t delve too much into this topic, because several bloggers have talked about it at length, including here, herehere, and here. (Note: If you’re a member of my flagship course 80/20 Investing, you’ll get a follow-up guide on how to continue investing with SCB with this $10 commission in mind. Stay tuned!) I’m not gonna lie – when I first heard the news, I was pissed. So like a keyboard warrior during the General Election, I sat down to write a huge diatribe railing against ......
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By cheerful.egg
Hey, what’s up? My name’s Lionel. When I was a kid, my favourite comic of all time was Spider-Man. Before he became a superhero, Peter Parker had to deal the day-to-day struggles of a young person: Living with foster parents, grades, bullies, and getting pushed around.
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