SRS Investments

[jackieatbtu]

Vickers have 30% for etf till end of month. Their commission is 0.28% online vs cimb 0.275%. So good deal if you can deal these two weeks. I liquidating my unit trust now and plan to switch next week once money back in srs.

 

[foozgarden]

Vickers have 30% for etf till end of month. Their commission is 0.28% online vs cimb 0.275%. So good deal if you can deal these two weeks. I liquidating my unit trust now and plan to switch next week once money back in srs.

i dont think promo valid for srs funds as well?

 

[bigmice]

suggest us SRS money to buy Saving plan, at least no/very low risk, can earn some return.

 

[jackieatbtu]

i dont think promo valid for srs funds as well?

https://www.dbs.com.sg/vickers/en/p...omo_Exchange-Traded-Funds-Promotion_learnmore

CPF and SRS as well. Till April end, not March end.

 

[foozgarden]

suggest us SRS money to buy Saving plan, at least no/very low risk, can earn some return.

which plan are you vested in ?
POSB invest saver? SRS not accepted leh

i want to buy STI ETF, but the min brokerage charge is crazy. if just buy like 1 or 2 lots with SRS
you need to buy like 1000shares to make it worth your while.

 

[foozgarden]

https://www.dbs.com.sg/vickers/en/p...omo_Exchange-Traded-Funds-Promotion_learnmore

CPF and SRS as well. Till April end, not March end.

thanks!..............

 

[xghilliex]

suggest us SRS money to buy Saving plan, at least no/very low risk, can earn some return.

which saving plan is good?

 

[PostCountWarrior[+1]]

i bought STI etf and CIMB dividend etf with my srs. if you want to buy and hold for long term, might as well put there.

 

[PostCountWarrior[+1]]

also another tip... always make sure you make 30k a year at least then put some money there.

e.g. if you put srs money in jan and suey suey u get retrenched in feb and YTD income is less than 30k, there is no tax savings at all if suey suey u cannot find job for the rest of the year.

hence for contribution to srs and cpf sa, always make sure there are tax savings when u hit a certain income ytd, else there is no benefit at all.

 

[xghilliex]

but sti etf also have downside right? market seems to be down and it will follow to right?

Or is it like no matter market condition they will provide dividend of 6% still?

 

[PostCountWarrior[+1]]

but sti etf also have downside right? market seems to be down and it will follow to right?

Or is it like no matter market condition they will provide dividend of 6% still?

of course there is risk... put it this way, at least you are not buying at the highs at this level, plus u r holding till 60+, I assume u r not that old... so chances are it will grow.

 

[zumaba]

I used my SRS fund to buy STI ETF one year back. So far it is down 15% and the dividend is pity.

 

[orange_sky]

I used my SRS fund to buy STI ETF one year back. So far it is down 15% and the dividend is pity.

Same here
Just keep buying!

 

[linusz]

Any investment options for srs money?

 

[linusz]

Linking srs to brokerage. Can it be done online

 

[babyrobo]

where do most people park their SRS ?

 

[anfielder]

Linking srs to brokerage. Can it be done online

depends on your broker. For OCBC Securities I called their customer service hotline to do it but they mentioned email is acceptable too.

 

[badsector]

where do most people park their SRS ?

check SRS Statistics

no.1 was Shares, REITs, ETFs

 

[jacky5297]

Can apply online via online banking

depends on your broker. For OCBC Securities I called their customer service hotline to do it but they mentioned email is acceptable too.

 

[henrylbh]

check SRS Statistics

no.1 was Shares, REITs, ETFs

Almost 1/3 of SRS money is idle fund