DBS changed its Mutiplier plan

[reddevil0728]

Not sure about this. But sure DBS able to purchase $3000 worth?

Why not??? I don’t think you need to worry about them fulfilling their obligation.

 

[reddevil0728]

$3000 per person but across whole of singapore could add up to quite a sum of money.. but all of them able to get the units at the same price.

Refer to the post which I quoted.

 

[TehSi99]

Why not??? I don’t think you need to worry about them fulfilling their obligation.

Ok. I think i am a noob on this.
But who is selling?

 

[reddevil0728]

Ok. I think i am a noob on this.
But who is selling?

https://www.investopedia.com/terms/e/etf.asp

See “ETF Creation and Redemption”

 

[demoforce1]

yeah i saw the quoted above, mine is -5% or something.
so maybe the guy bought earlier than me that few months is earning. i started around may or june , till now is negative. mine is the Nikko AM

can we see this -5% from internet banking?

 

[IcYFl4mEz]

can we see this -5% from internet banking?

Yes, click on your investment and it will show. Its exactly the same as the pic i quoted earlier. Just that mine is -5.x% instead of the pic is a +

 

[Han Shot First]

I would like to check that credit of salary to POSB/DBS account is no longer a mandatory requirement under "Income" category to earn additional/bonus interest for Multiplier Account?

 

[reddevil0728]

I would like to check that credit of salary to POSB/DBS account is no longer a mandatory requirement under "Income" category to earn additional/bonus interest for Multiplier Account?

got other options for that. like dividends

 

[demoforce1]

Yes, click on your investment and it will show. Its exactly the same as the pic i quoted earlier. Just that mine is -5.x% instead of the pic is a +

i don't see % in mine, it only shows +x.xx under Unrealized P/L

 

[Extremme]

GM, so if I ceased my RSP, the best time to redeem is when the ETF unit price is high right?

 

[demoforce1]

GM, so if I ceased my RSP, the best time to redeem is when the ETF unit price is high right?

or course..

 

[IronMan123]

I also set up another RSP:
NIKKO AM SGD INVESTMENT GRD CORP BD ETF since February 2020
So far so good, unrealised profit: $23.17
This one recommend. It’s a corporate bond ETF with majority portion is in SG.

Posted with iPhone HardwareZone Forums app

 

[IronMan123]

i don't see % in mine, it only shows +x.xx under Unrealized P/L

Cannot see the %. U have to calculate yourself. DBS mobile app cannot see this unrealised P/L unless u use phone browser and browser the webpage in desktop mode.

Posted with iPhone HardwareZone Forums app

 

[reddevil0728]

i don't see % in mine, it only shows +x.xx under Unrealized P/L

You don’t know how to calculate % change with that information???

 

[reddevil0728]

GM, so if I ceased my RSP, the best time to redeem is when the ETF unit price is high right?

Eh yea duh. But do you know when the unit price will be high?

Actually the “better” time might be as and when the price is higher than your purchase price or immediately after the units get credited. You can redeem and still continue with RSP

 

[reddevil0728]

I also set up another RSP:
NIKKO AM SGD INVESTMENT GRD CORP BD ETF since February 2020
So far so good, unrealised profit: $23.17
This one recommend. It’s a corporate bond ETF with majority portion is in SG.

Posted with iPhone HardwareZone Forums app

Recommended by who?

 

[kram62]

Well, for all those that get scared by volatility of the STI fund (sometimes go up sometimes go down) they can instead consider something more stable like the bond funds (A35 which is government bonds, extra safe, or MBH which are high quality corporate bonds).

I've been RSPing in MBH and now about $24 unrealized profits since February for $892 invested.

 

[IronMan123]

Well, for all those that get scared by volatility of the STI fund (sometimes go up sometimes go down) they can instead consider something more stable like the bond funds (A35 which is government bonds, extra safe, or MBH which are high quality corporate bonds).

I've been RSPing in MBH and now about $24 unrealized profits since February for $892 invested.

Looks like we vested at the same time for the same ETF..

Posted with iPhone HardwareZone Forums app

 

[IronMan123]

Recommended by who?

Just sharing..

Posted with iPhone HardwareZone Forums app

 

[havetheveryfun]

I applied for Cancercare last week but it is not showing up after the investment portion/section of ibanking at the bottom (when you first log in). Is that normal ? And when I click on Cancercare I seem to be able to apply for it again.