DBS changed its Mutiplier plan

[sglandscape]

May I know what is the most easy and cost efficient way to unlock the investment category? Thinking to just buy few units of ES3 via DBS Vickers monthly but that would incur about $10+ fees. Or is there any better ways to do it? Thank you.

Buy funds easiest

 

[yiwei]

May I know what is the most easy and cost efficient way to unlock the investment category? Thinking to just buy few units of ES3 via DBS Vickers monthly but that would incur about $10+ fees. Or is there any better ways to do it? Thank you.

$100 RSP on ES3 will also work, counted for 12 months, 0.82% fee, no fees for selling.

 

[reddevil0728]

$100 RSP on ES3 will also work, counted for 12 months, 0.82% fee, no fees for selling.

Can buy the bond etfs cheaper

 

[yiwei]

Can buy the bond etfs cheaper

cheapest is actually to rsp those in jpy, only 80cents

 

[reddevil0728]

cheapest is actually to rsp those in jpy, only 0.80cents

Hmmm? The fee?

 

[sglandscape]

cheapest is actually to rsp those in jpy, only 0.80cents

But you may lose more due to the fx, might be penny wise pound foolish.

 

[yiwei]

Hmmm? The fee?

Total 100 JPY per month for investment.

But you may lose more due to the fx, might be penny wise pound foolish.

Nah, I can afford to lose the 80cents, this is not the fee, 100 jpy in total to trigger the investment category only.

 

[sglandscape]

Total 100 JPY per month for investment.


Nah, I can afford to lose the 80cents, this is not the fee, 100 jpy in total to trigger the investment category only.

Oh, that changes things! Ok understand now, misread earlier.

 

[reddevil0728]

Total 100 JPY per month for investment.


Nah, I can afford to lose the 80cents, this is not the fee, 100 jpy in total to trigger the investment category only.

what's the fee? that 1 more important.

 

[yiwei]

what's the fee? that 1 more important.

What fee are you referring to? expense ratio will depend on the UT, buying as RSP is the normal sales charge 0.82% of 100JPY, so 1JPY as fee?

 

[reddevil0728]

What fee are you referring to? expense ratio will depend on the UT, buying as RSP is the normal sales charge 0.82% of 100JPY, so 1JPY as fee?

Oh. Ok then this one seems better yes if the minimum is so low

 

[shengliang1981]

Anyone have information on the upcoming CASA promotion (after 9 July)? Not sure if I should register tomorrow with the current promotion.

After register for current CASA promotion, usually is there any cooldown period before can register for new CASA promotion? Thanks in advance.

 

[shengliang1981]

RSP go for the cheapest fee one

then sell as soon as credit

Buy funds easiest

$100 RSP on ES3 will also work, counted for 12 months, 0.82% fee, no fees for selling.

Thanks for all the suggestions. Think I will probably just RSP $100 in digiPortfolio SaveUp for simplicity. Is this a good option for the purpose of fulfiling investment category and preserving capital?

 

[reddevil0728]

Thanks for all the suggestions. Think I will probably just RSP $100 in digiPortfolio SaveUp for simplicity. Is this a good option for the purpose of fulfiling investment category and preserving capital?

How do you define good option?

Others already suggested liao and you wanted something else so I guess is depends on your definition of good?

 

[shengliang1981]

How do you define good option?

Others already suggested liao and you wanted something else so I guess is depends on your definition of good?

I guess as long as able to fulfill the investment category and able to preserve capital with minimal fee is good enough for me

 

[reddevil0728]

I guess as long as able to fulfill the investment category and able to preserve capital with minimal fee is good enough for me

Is it more or less optimal than the other approaches ppl suggested? We will only know after the fact

if not it will do it’s job

 

[ericcsn]

Bonus paid $333.

 

[nobody1968]

Checked with branch staff and they said no cooldown period but 1 account can particpate in 1 promotion at any 1 time. So if u have 3 accounts, all 3 can participate in the promotion.

 

[ice_angel]

Total 100 JPY per month for investment.


Nah, I can afford to lose the 80cents, this is not the fee, 100 jpy in total to trigger the investment category only.

Do you need to excange some SGD to JPY in multiplier first to let it deduct every month?

 

[Squaredot]

Checked with branch staff and they said no cooldown period but 1 account can particpate in 1 promotion at any 1 time. So if u have 3 accounts, all 3 can participate in the promotion.

what promotion r u referring to?