Posb invest saver(OCT 2018)
My POSB invest saver update for the month of May, read here
My POSB invest saver update for the month of June, read here
My POSB invest saver update for the month of July, read here
My POSB invest saver update for the month of Aug, read here
My POSB invest saver update for the month of Sept, read here
Regular saving plan updates for ABF Singapore Bond Index Fund(A35)
Total amount(regular saving plan)A35:$100
Price per share:$1.123100
Gross sales charge:0.5%
Net sales charge amount:0.5% of 100=$0.50
Net amount invested: Total amount-net sales charge amount=$100-$0.50=$99.50
Units issued: Net amount invested/price per share=$99.50/$1.123100=88 units
Summary: As of 22Oct, the share price of A35 was at 1.121, has not changed much from last month, which is quite at the middle with its maximum at 1.25(2011) and its lowest 1.00(2008). Will be watching it for any further movement, once below 1.100 will make a bulk purchase
Regular saving plan updates for Nikko AM Singapore STI ETF(G3B)
Breakdown of my regular saving plan(G3B) for this month(OCT 2018)
Total amount(regular saving plan)A35:$100Price per share:$3.163600
Gross sales charge:0.82%
Net sales charge amount:0.82% of $100=$0.82
Net amount invested: Total amount-Net sales charge amount=$100-$0.82=99.18
Units issued: Net amount invested/price per share=$99.18/$3.3163600=31 units
(When you trade long term through dollar cost averaging, no need to worry about the red:D)
Don't forget to DYODD(Do your own due diligence!)
Don't forget to DYODD(Do your own due diligence!)
Hi there,
ReplyDeleteRSP starts trading on 15th every month(where it starts deduction) but why are u checking on the 22nd instead? Is there something I'm not sure as I also invest via POSB saver?
And if I want to increase or change the amount I should be changing before 15th correct?
hi,yes,i seldom change the amount,but i think changing before 15 is correct.I only receive the letter for the rsp a few day late,hence 22nd
DeleteDo they refund you the remaining money invested or they will bring forward to the next month?
ReplyDeletehi they refund you the remaining money invested to your bank acc
ReplyDeletehope this helps!:)
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