DBS changed its Mutiplier plan

[reddevil0728]

do they always credit on 7th of month? i've only joined them for two months. so far both months are on 7th.

if they always credit on 7th (so far) it'll be easier for me to track.

seems like on paper consistently reflected as 7th of the month for the past 6 months. but as to when u actually see it, it should be on the 8th. cause maybe they do mass upload in the middle of the night on the 8th

 

[wilflare]

Refinance loans with dbs and buy the cheapest term insurance will do the trick

still impressive to hit 30K every month :O

 

[reddevil0728]

still impressive to hit 30K every month :O

You can always go buy 30k of stock. And sell it.

 

[cassowary18]

My bus n mrt expenses used in last week of Oct only got counted as Nov expenses

If you pay using Mastercard, the amount only posts after 5 days or $15 reached, whichever is earlier. Visa posts everyday.

 

[Trazora]

You can always go buy 30k of stock. And sell it.

but incur fees?

 

[reddevil0728]

but incur fees?

If the extra interest you earn is more than sufficient to offset the transaction fee or maybe when u sell it that time the price already rise a bit, then it might be cost neutral and in some cases you get more returns?

Not a sure thing, so DYODD

 

[OnePunchMan]

but incur fees?

buy 30k and sell @ 30.1k .. try not to buy those that is not range bound.

 

[havetheveryfun]

buy 30k and sell @ 30.1k .. try not to buy those that is not range bound.

But fees 0.28%

 

[reddevil0728]

But fees 0.28%

Dbs vickers 0.12% min 10.

Sell with fsmone 0.08% min 10

 

[Tp101s]

Alamak, this morning I put in two sell trades in the Queue at different price points...when one of the lower one got filled, I didn’t manage to cancel the higher one...both sell order (“2 lots”) got filled when i only has one lot to deliver the sell order.

How ah?

 

[reddevil0728]

Alamak, this morning I put in two sell trades in the Queue at different price points...when one of the lower one got filled, I didn’t manage to cancel the higher one...both sell order (“2 lots”) got filled when i only has one lot to deliver the sell order.

How ah?

Quickly go buy it back. By today.

 

[Tp101s]

Thanks....what if I didn’t or couldn’t afford to buy by today?

Quickly go buy it back. By today.

 

[reddevil0728]

Thanks....what if I didn’t or couldn’t afford to buy by today?

https://seedly.sg/questions/according-to-sgx-rules-naked-shorting-is-illegal-if-we-don-t-cover-by-the-end-of-the-day-if-say-i-am-able-to-do-so-before-market-closes-will-i-be-penalized

Maybe call vickers and ask if they can assist to cancel the trade?

 

[OnePunchMan]

Thanks....what if I didn’t or couldn’t afford to buy by today?

just recognize some loss..

 

[vsvs24]

https://seedly.sg/questions/accordi...o-so-before-market-closes-will-i-be-penalized

Maybe call vickers and ask if they can assist to cancel the trade?

Interesting. Thanks for sharing.

 

[MrAppleCrumble]

Wow interesting. Didn’t know that short selling even though is unapproved but the system still can go thru

 

[ABuNeNe]

only have $29.19 credited for Oct 2020 with $50k, is this correct with 1.8% (income + spending and investment)?

 

[reddevil0728]

Wow interesting. Didn’t know that short selling even though is unapproved but the system still can go thru

Cause SGX for DBSV is CDP. They wouldn't know whether you have the stock at the time of you executing the trade. In any case is on you to make sure not them

 

[reddevil0728]

only have $29.19 credited for Oct 2020 with $50k, is this correct with 1.8% (income + spending and investment)?

U sure you have 50k everyday at the end of day in the month of oct?

 

[Squaredot]

only have $29.19 credited for Oct 2020 with $50k, is this correct with 1.8% (income + spending and investment)?

is your Bank & Earn Summary showing 1.8% for Oct?
and your Oct daily balance is 50k?