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Blue Chip Investment Plan (BCIP) by OCBC

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Old 26-06-2013, 09:21 AM   #1
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Blue Chip Investment Plan (BCIP) by OCBC

Who's going to sign up for this plan? Can accumulate blue chip stocks over time, by putting min $100 mthly..

Link here
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Last edited by limitation; 26-06-2013 at 09:25 AM..
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Old 26-06-2013, 09:28 AM   #2
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they nv state dividend how to divide. also like many fees for per counter siaz. $80++
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Old 26-06-2013, 09:31 AM   #3
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The fee itself will kill you
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Old 26-06-2013, 09:34 AM   #4
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Just buy blue chip by own self, why go through banks?
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Old 26-06-2013, 09:43 AM   #5
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Who's going to sign up for this plan? Can accumulate blue chip stocks over time, by putting min $100 mthly..

Link here
This is not a new concept. It is also known as dollar cost averaging. Basically, if you put in $100 per month, you can buy more when the stock price is lower and buy less when the stock price is higher. However, I don't really subscribe to it. One should just buy as many shares when the price is lower than its intrinsic value and don't touch it when it becomes over priced.
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Old 26-06-2013, 10:17 AM   #6
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poems called it share builder plan
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Old 26-06-2013, 11:59 AM   #7
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Who's going to sign up for this plan? Can accumulate blue chip stocks over time, by putting min $100 mthly..

Link here
Any difference from just buying STI ETF, other than the amount needed to buy them? Anyone experienced enough to explain?
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Old 26-06-2013, 12:07 PM   #8
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seems good but the fee and charges.... hopefully if there's a lower fee in future
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Old 26-06-2013, 12:24 PM   #9
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I have my own share builder plan. No need kena charge fees by them.

Scb trading fees still the lowest in my opinion but share building plan is good for those who wan to buy in equities at low levels
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Old 26-06-2013, 12:36 PM   #10
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These are not for most of us here with battle chest .

Ocbc does not give free lunch .
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Old 26-06-2013, 12:45 PM   #11
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Some people asked DW why he never buy STI etf.

Allow DW to tell a story while he is waiting for his lunch to arrive.

One day, DW felt like eating ice-cream. He went to an ice-cream store called "STI etf". Before DW can place his order, the store owner scoop a little bit of all 30 different flavors and put them in a big cup.

DW said, "but I dun want all 30 flavors......I only like certain flavors "

So, he went to another ice-cream store called "D.IY."

This time DW asked the owner whether he can choose his favorite flavors. The owner agreed.

So, DW happily choose his favorite flavors, strawberry (Singtel), mint (starhub), orange (M1). The owner asked, "what is this ice-cream called?"

DW replied with a big smile, "I call this 'Power of CD' ice-cream"
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Old 26-06-2013, 01:17 PM   #12
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Nice story, DW.

Except one thing. There are some people who do prefer to have all 30 flavours (ever tried Swesen's Earthquake?)

So at the end of the day. As with many things in life (girls, teams, food, watch, and investment), its all depends on your 'taste' (investment objectives)
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Old 26-06-2013, 01:31 PM   #13
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We can buy keppeland using this plan by Ocbc but we cannot do so via the cheap brokerage from Scb if monthly investment is only $200, right?

And the keppeland bought using Ocbc blur chip will be in odd lots right?
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Old 26-06-2013, 01:42 PM   #14
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We can buy keppeland using this plan by Ocbc but we cannot do so via the cheap brokerage from Scb if monthly investment is only $200, right?

And the keppeland bought using Ocbc blur chip will be in odd lots right?
Dun think so. But I think rule of thumb is that if battle chest is not significant then this might be good after all.

As per all trades, might need to do your own cost benefit analysis before committing to the trade
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Old 26-06-2013, 01:43 PM   #15
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good for those who has lower capital to invest ,
relatively our local blue chips are more stable .

but i would prefer buying into STI ETF then going into this ( BCIP )
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