Passive Dividend Investing

[limster]

Once you have bought, custodian is with say FSM or IB SG, these are Brokers (not banks) - And if accumulate over the years to big sum, can you sleep safely at night? You not afraid like Pan-Electric crisis?

If you keep for long-term for years, what is that commission of additional $10 or 20 per transaction?

For SG-listed stocks, it just costs $10.70 (incl GST) to transfer one of your holdings to CDP. So for SG stocks, I will continue saving transaction fees.

After accumulating a few hundred k of one counter, just pay the $10.70 to transfer to CDP, rather than incurring $10-20 per transaction over several years.

But I agree its good to diversify custodians, thats why my stocks are held by IBKR (with SIPC protection), SCB, FSMOne, CDP, OCBC (CPFIS), UOB (SRS).

 

[leo921]

Anybody gotten their Nikko STI ETF dividend yet?

 

[reddevil0728]

Anybody gotten their Nikko STI ETF dividend yet?

which platform?

 

[leo921]

POSB invest saver

which platform?

 

[reddevil0728]

POSB invest saver

usually custodian will take a bit longer

 

[leo921]

I see. Btw I was planning next month onwards, every 2-3month use invest saver to buy ETF, with the current situation should I go for STI or REIT ETF?

usually custodian will take a bit longer

 

[reddevil0728]

I see. Btw I was planning next month onwards, every 2-3month use invest saver to buy ETF, with the current situation should I go for STI or REIT ETF?

Huh? You gonna cancel and set up everytime?

 

[leo921]

Yup. Well I don’t really much cash to use on investments monthly uh

Huh? You gonna cancel and set up everytime?

 

[reddevil0728]

Yup. Well I don’t really much cash to use on investments monthly uh

Then isn’t it cheaper to buy using a normal brokerage account?

 

[leo921]

Normal brokerage have commission fees right? Invest saver just buy more when prices Low n buy less when prices high?

Then isn’t it cheaper to buy using a normal brokerage account?

 

[reddevil0728]

Normal brokerage have commission fees right? Invest saver just buy more when prices Low n buy less when prices high?

Invest saver commission is 0.82%.

How much do you usually buy? In terms of amount.

 

[leo921]

Min 100,max 200sgd+ uh

Invest saver commission is 0.82%.

How much do you usually buy? In terms of amount.