POSB Invest Saver

[endlssorrow]

To me I DIY using SCB

Not able to catch the lowest price for the month but at least should be lower than posb do for me.

Last jan & feb what price do posb bid for STI?

 

[xersion]

To me I DIY using SCB

Not able to catch the lowest price for the month but at least should be lower than posb do for me.

Last jan & feb what price do posb bid for STI?

Feb is $2.666

Sent from Xiaomi MI 4I using GAGT

 

[denn23]

To me I DIY using SCB

Not able to catch the lowest price for the month but at least should be lower than posb do for me.

Last jan & feb what price do posb bid for STI?

i do this too but unfortunately, its not really DCA though.

 

[hcwickz]

I just saw my feb E statement , i saw $105.82 under investment and $100.64 in the table chart. what is the $105.82 referring to ?

 

[Darkzi0n]

iirc, some of the earlier posts mentioned about investing STI ETF via stand chart to take advantage of the extremely low fees. however, doing so is not a true DCA which POSB invest-savers offer.

This blog post http://investwizar.blogspot.sg/2016/03/posb-dollar-cost-averaging-vs-standard.html (which does not belong to me), shows the comparison between the 2 approaches.

 

[Average]

iirc, some of the earlier posts mentioned about investing STI ETF via stand chart to take advantage of the extremely low fees. however, doing so is not a true DCA which POSB invest-savers offer.

This blog post http://investwizar.blogspot.sg/2016/03/posb-dollar-cost-averaging-vs-standard.html (which does not belong to me), shows the comparison between the 2 approaches.

As a lazy investor, i agar agar can liao. Yea, scb method is not dca.

 

[Darkzi0n]

As a lazy investor, i agar agar can liao. Yea, scb method is not dca.

Which makes posb invest saver great for lazy investors. Everything is auto once the set up is done + the returns is superior

 

[IAmZTX]

Which makes posb invest saver great for lazy investors. Everything is auto once the set up is done + the returns is superior

hi, can explain why it is not DCA when invesing in SCB with the same fixed interval, fixed price as POSB invest saver?

 

[Darkzi0n]

hi, can explain why it is not DCA when invesing in SCB with the same fixed interval, fixed price as POSB invest saver?

u buy fixed number of shares (e.g 100 shares each month) using SCB while a true DCA requires u to buy a fixed dollar of shares (e.g. $300 each month).

The difference is that when the market is extremely expensive,
u buy 100 shares with SCB, but u buy less with DCA. When the market is extremely cheap, u buy 100 shares with SCB, but u buy more with DCA. this is made possible bcos invest saver allows u to buy odd lot (e.g. 103 shares).

This means that by using DCA, u are systematically forcing urself to buy more when things are cheap. In the long run, ur cost per share using DCA will be lower which translate to higher returns.

 

[IAmZTX]

u buy fixed number of shares (e.g 100 shares each month) using SCB while a true DCA requires u to buy a fixed dollar of shares (e.g. $300 each month).

The difference is that when the market is extremely expensive,
u buy 100 shares with SCB, but u buy less with DCA. When the market is extremely cheap, u buy 100 shares with SCB, but u buy more with DCA. this is made possible bcos invest saver allows u to buy odd lot (e.g. 103 shares).

This means that by using DCA, u are systematically forcing urself to buy more when things are cheap. In the long run, ur cost per share using DCA will be lower which translate to higher returns.

I see.. Thank you.

 

[Average]

Which makes posb invest saver great for lazy investors. Everything is auto once the set up is done + the returns is superior

Ikr but previously the mkt downturn presents wonderful opportunity to buy many counters cheaply. So i went ahead to pew pew pew after stopping invest saver.

 

[hcwickz]

How to know when posb help us to buy the unit ? according to my estatement , they only credit it at $2.72 at 29 march , shouldn't it be 12 march ?

 

[Average]

U havent dig their faqs deep enuf yet. Iirc, they will take 12th or 13th of each mth, then its closing price.

 

[xersion]

Anyone receive letter already? What's the buying price...
What's so hard to provide on ibanking platform.

Sent from Xiaomi MI 4I using GAGT

 

[radioshack]

Just to check..So indicative price is the amount i will receive when i sell all my units? Correct?

 

[havetheveryfun]

Anyone receive letter already? What's the buying price...
What's so hard to provide on ibanking platform.

Sent from Xiaomi MI 4I using GAGT

$2.91

EXP!

 

[Niccolo Machiavelli]

$2.91

EXP!

i started DCA-ing about 2.5 years ago when STI was at 3500+. now my average price is around 3.2.

 

[havetheveryfun]

i started DCA-ing about 2.5 years ago when STI was at 3500+. now my average price is around 3.2.

i don't even know my avg price lol or when i started... don't know whether losing money or earn

 

[Niccolo Machiavelli]

i don't even know my avg price lol or when i started... don't know whether losing money or earn

 

[havetheveryfun]

estimate can liao since put for long term.

if sti stay ~2800 forever, just collect dividends will be earning liao

if sti goes up to 3500-400, sure earning

if sti goes up to 4000 then go down to 2800 then 3500, still earn

sti forever <2800 then sure lose cos starting invested >2800

lazy to keep note every month. TRULY PASSIVE