In a previous post, I wrote about why VWRA is my favorite buy-and-hold ETF for long-term Singaporean investors – it’s simple, low-cost, and globally diversified and gives you exposure to the total stock market. There are some drawbacks to buying VWRA when you’re just starting out and have not much capital to invest – VWRA is relatively difficult to access and expensive to trade. Difficulty in access VWRA is traded on the London Stock Exchange (LSE) which might not be supported by many low-cost brokerages like Tiger Brokers or FSM One. Instead, they offer the US-domiciled alternative, VT, which is cheaper to trade but comes with some other issues like higher dividend withholding tax rates and estate tax implications. FSM One also levies a dividend handling fee for VT which adds another layer of costs into owning a total stock market index fund. Dividend handling fee on FSM One...