POSB Invest Saver

[Pesantkie]

Hi im a newbie here just started to apply for rsp purchasing nikko am. How do you calculate your total lost / profit is there a formula ?

For me,
$200 - commission - residual value = cost price
$NAV of G3B (previous day) * number of shares = value of shares.
Dividends earned
Total lost/profit = Value of shares - cost price + dividends earned

 

[Pesantkie]

Is it wise to switch to A35 for the near future?

wait till recession then buy A35.

 

[swordsly]

Is it wise to switch to A35 for the near future?

The point of using IS is to do DCA.
The point of DCA-ing is to take out the emotional aspect of having to actively manage.

If I am you, I will just adjust the amount I use to purchase base on portfolio allocation.

 

[soulblader_89]

ABF Singapore Bond Index Fd is A35?

sorry, noob here

 

[swordsly]

ABF Singapore Bond Index Fd is A35?

sorry, noob here

Yes.
10char.

 

[makav31i]

Anyone have debited for the shares this month . Purchase nikko etf but no transaction yet . I see 0 shares

They only deduct money on the 15th and today is only the 14th...

 

[makav31i]

Anyone knows when the stock will be credited? I saw the payment via transaction but no stocks credited

Relax lah...It usually takes 2-3 days...They would most probably send you a letter on the transacted price, unit bought and etc...

 

[MikeDirnt78]

Anyone knows when the stock will be credited? I saw the payment via transaction but no stocks credited

1 important trait in investing is you need to have the patience.

If you don't, I suggest you don't invest.

 

[netbookcraze]

DBS RSP can choose unit trust to invest.

Knn.. so many. Which one to choose?

 

[ashketchum]

Anyone has the DBS Multiplier account? Wanted to ask why my investments through POSB InvestSaver is not reflected in the DBS Muiltiplier bank-and-earn summary.

The amount has been deducted and the units have been credited.

 

[swordsly]

Anyone has the DBS Multiplier account? Wanted to ask why my investments through POSB InvestSaver is not reflected in the DBS Muiltiplier bank-and-earn summary.

The amount has been deducted and the units have been credited.

You should just contact the DBS staffs for this, seriously.

Still, did you set up the RSP before or after your multiplier account is approved?

Is it your first time with RSP for the multiplier?
If not, then just wait for it to appear on on the summary.

 

[Newmaxi]

You should just contact the DBS staffs for this, seriously.

Still, did you set up the RSP before or after your multiplier account is approved?

Is it your first time with RSP for the multiplier?
If not, then just wait for it to appear on on the summary.

Am also a first timer on POSB invest saver . I can see under my investment account, not on multiplier bank and earn. I think bank and earn take some time to reflect, I think.

 

[zyrlneo]

prices

Anyone has the DBS ETF prices for

Jan2018 to Apr2018?

 

[veryhonestguy]

hello newbie here, i am thinking of putting in 1 k a month for his posb invest saving. what should i get for long term holding

 

[swordsly]

hello newbie here, i am thinking of putting in 1 k a month for his posb invest saving. what should i get for long term holding

1k in what? Split between G3B and A35 or solely G3B/A35?

If you want to throw 1k/mth into just either 1 of it, you're better off with other platforms as that will be easily $8.20 in fees for G3B and 4.10 for A35.

 

[goldnut]

If the Trump-Kim summit goes really well, do you think STI will go up?

Because a total breakdown on talks and a 2nd Korean war will be really interesting, to say the least.

 

[makav31i]

1k in what? Split between G3B and A35 or solely G3B/A35?

If you want to throw 1k/mth into just either 1 of it, you're better off with other platforms as that will be easily $8.20 in fees for G3B and 4.10 for A35.

If he use POSB Invest Saver to purchase G3B and/or A35, he would pay max $8.20 in fees for $1k invested...It would be much lesser if he put some in A35...

If he listens to what you suggest, he would be paying $8.20 and $4.10 respectively...Please do share which other platform that anyone can use which have a lower fee to purchase G3B/A35 at $1k/month...

 

[havetheveryfun]

If the Trump-Kim summit goes really well, do you think STI will go up?

Because a total breakdown on talks and a 2nd Korean war will be really interesting, to say the least.

I rather STI go down so that can buy some more at a cheap price

 

[swordsly]

If he use POSB Invest Saver to purchase G3B and/or A35, he would pay max $8.20 in fees for $1k invested...It would be much lesser if he put some in A35...

If he listens to what you suggest, he would be paying $8.20 and $4.10 respectively...Please do share which other platform that anyone can use which have a lower fee to purchase G3B/A35 at $1k/month...

For G3B only, OCBC BCIP charges (0.3% or $5, whichever higher) for both buy and sell.
At $1k/mth, that would be $5 in fees, lower than $8.20.

Nothing else better for A35.

 

[makav31i]

For G3B only, OCBC BCIP charges (0.3% or $5, whichever higher) for both buy and sell.
At $1k/mth, that would be $5 in fees, lower than $8.20.

Nothing else better for A35.

Did you consider the fact that when it comes to selling the shares, OCBC BCIP charges 0.3% or minimum $5.35 whereas POSB Invest Saver does not have any sales charge...