STI ETF

d9_lives

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I've RMG (BSL) which has been down like 30%.
Es3 is also down at that level or perhaps even more.

Here's the plan.
I am going to sell all my BSL (9,254), put it to SRS and then use SRS to buy es3.
Es3 might or might not perform better than BSL in future but I can get the 11.5% income tax deduction in 2020.

Does it make sense?
Talk me out of it.
 

yeahyeah

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Sorry noob question.

How do you use CPF SA to buy this ETF? How does the brokerage system know if you are using CPF OA or SA to buy?

Thanks in advance.
 

1a2a3a

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You pay 50++ for comms fee? 25 from brokerage and another 25 through the bank right? Any possible way to pay just 1 side brokerage fee?

Buy 1 time 50, sell another 50. $100 in comms bloody expensive
 

XGZ1503

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You pay 50++ for comms fee? 25 from brokerage and another 25 through the bank right? Any possible way to pay just 1 side brokerage fee?

Buy 1 time 50, sell another 50. $100 in comms bloody expensive

You mean for OA purchase?
 

d9_lives

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I've RMG (BSL) which has been down like 30%.
Es3 is also down at that level or perhaps even more.

Here's the plan.
I am going to sell all my BSL (9,254), put it to SRS and then use SRS to buy es3.
Es3 might or might not perform better than BSL in future but I can get the 11.5% income tax deduction in 2020.

Does it make sense?
Talk me out of it.

Up... Anyone??
 

commie_rick

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queue at that kind of price also no sellers. not now not ever

Do you think that what you see in front of your screen is all the market ?
Market Maker or broker might have bought stocks lower at this price previously and sell to offload
 

sherica

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Do you think that what you see in front of your screen is all the market ?
Market Maker or broker might have bought stocks lower at this price previously and sell to offload


ok lo....hold 12 years for 1-2% gain good strategy.
 
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