DBS Treasures benefit?

[TehSi99]

tats wat the lounge is for mah ~

Old people with money and not working. They only have two things abundance in life - money and time.

I thought after slogging all their life, isn't drinking atas kopi and reading newspaper in nice cosy aircon place what they want in free time.

 

[reddevil0728]

Old people with money and not working. They only have two things abundance in life - money and time.

I thought after slogging all their life, isn't drinking atas kopi and reading newspaper in nice cosy aircon place what they want in free time.

I think there are more atas place than that

 

[sohguanh]

Old people with money and not working. They only have two things abundance in life - money and time.

I thought after slogging all their life, isn't drinking atas kopi and reading newspaper in nice cosy aircon place what they want in free time.

That is correct. Besides those you mention still got many activities to do like go visit all the Spore parks, sit bus,train all over the island enjoy scenery and for some hobbies like planting/gardening, rear fish, fishing, catch guppies, catch spiders etc. For me I also want to play with my toy soldiers already buy many years ago all sealed up in a carton to open when I retire at age 55

 

[RDInvestor]

Hi is anyone using DBS Treasures Online Trading?

Previously I needed to wait 1day after selling before the proceeds were available for buys.

Today it seems that i can buy on the same day as selling?

Anyone did it already?

 

[reddevil0728]

Hi is anyone using DBS Treasures Online Trading?

Previously I needed to wait 1day after selling before the proceeds were available for buys.

Today it seems that i can buy on the same day as selling?

Anyone did it already?

do you mean try it out today?

But if the system allows you to, then it shouldn't be a problem right?

 

[RDInvestor]

do you mean try it out today?

But if the system allows you to, then it shouldn't be a problem right?

well, tried selling and then buying on the same day.

The system allowed me to, but I am wondering if the settlement will be successful. When i called the hotlines, i get differing answers

 

[reddevil0728]

well, tried selling and then buying on the same day.

The system allowed me to, but I am wondering if the settlement will be successful. When i called the hotlines, i get differing answers

So long as settlement timeframe is same for the 2 diff counters it should be ok.

like both T+2

 

[skpuppy]

Why ppl still like to use treasures and let them earn ur platform fees?
You take ur money and invest, those platform song song zuo bo collect x%

 

[CaptainWu]

Why ppl still like to use treasures and let them earn ur platform fees?
You take ur money and invest, those platform song song zuo bo collect x%

I think most people joining Tresures/Priority Banking are not really rely on the RM to invest for them, instead aim to take benefit of priority queue, lounge, extra % of interest, low trading fee...etc. Eg, DBS Tresures trading with 0.12% commission and no minimum required which is pretty good with the biggest bank in Singapore.

 

[reddevil0728]

Why ppl still like to use treasures and let them earn ur platform fees?
You take ur money and invest, those platform song song zuo bo collect x%

unless you are HNW, you might probably be DIY hence no benefit.

But to those HNW, the benefit of getting ppl to invest for you outweighs the savings from DIY. Hence they will rather do that.

 

[skpuppy]

unless you are HNW, you might probably be DIY hence no benefit.

But to those HNW, the benefit of getting ppl to invest for you outweighs the savings from DIY. Hence they will rather do that.

Let them invest and lose money? ! Even buffet said he has problem beating the market. So DBS ppl can? Then temasek should leave all our funds to them rather than meeting a mere single digital

 

[skpuppy]

I think most people joining Tresures/Priority Banking are not really rely on the RM to invest for them, instead aim to take benefit of priority queue, lounge, extra % of interest, low trading fee...etc. Eg, DBS Tresures trading with 0.12% commission and no minimum required which is pretty good with the biggest bank in Singapore.

It is good if you trade or invest sg market. And have time to go lim kopi and read newspaper like retiree. And CNY take some pretty ang pow

 

[reddevil0728]

Let them invest and lose money? ! Even buffet said he has problem beating the market. So DBS ppl can? Then temasek should leave all our funds to them rather than meeting a mere single digital

you are assuming they are the one making the decision on the investment. that 1 is more of Discretionary Portfolio Management (DPM) not available at Treasures level.

A lot of times the RM are just like "advisors" if you desire their advice, and they help to execute trades like Equity-linked Note (ELN) or like Dual Currency.

 

[RDInvestor]

Why ppl still like to use treasures and let them earn ur platform fees?
You take ur money and invest, those platform song song zuo bo collect x%

No platform fees for SGX stocks using DBST.

 

[skpuppy]

you are assuming they are the one making the decision on the investment. that 1 is more of Discretionary Portfolio Management (DPM) not available at Treasures level.

A lot of times the RM are just like "advisors" if you desire their advice, and they help to execute trades like Equity-linked Note (ELN) or like Dual Currency.

If you know those family trust ppl, you will know the answer. DBS private or whatever so god mode, ppl setup family trust and investment offices do what? If you know the bank folks, they see u as their cai sheng ye and not the other way round.
If you are someone loaded with cash until you pocket is leaking cash, just go ahead with them.

Today if you are those high net-worth, can go join those banks that are not servicing retail. That is the right direction to go

 

[skpuppy]

No platform fees for SGX stocks using DBST.

Yes. Correct

 

[reddevil0728]

If you know those family trust ppl, you will know the answer. DBS private or whatever so god mode, ppl setup family trust and investment offices do what? If you know the bank folks, they see u as their cai sheng ye and not the other way round.
If you are someone loaded with cash until you pocket is leaking cash, just go ahead with them.

Today if you are those high net-worth, can go join those banks that are not servicing retail. That is the right direction to go

There are different levels of HNW. In case you didn’t realise.

if you don’t find it useful, it’s perfectly fine to hold that view. But obviously those who qualify for those status and chooses to use it think differently from your POV.

Those people who do that don’t accumulate that much wealth for no reason in case you didn’t realise that

 

[nod32fan]

Looks like the Treasured lounge service, like at taka, is still not resumed yet

 

[dexboi]

Looks like the Treasured lounge service, like at taka, is still not resumed yet

They probably turn the lounge into makeshift office liao. Like Suntec.

 

[reddevil0728]

They probably turn the lounge into makeshift office liao. Like Suntec.

They had one at Suntec?