tag:blogger.com,1999:blog-6290074707985614952.post4012416576800714030..comments2024-03-29T15:14:01.669+08:00Comments on Invest Openly: Regular Stock Investment Plans Comparison In Singapore Investopenlyhttp://www.blogger.com/profile/07785795437892877722noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-6290074707985614952.post-62481630405472177812016-04-25T13:21:12.847+08:002016-04-25T13:21:12.847+08:00I don't have a fixed amount of charges in mind...I don't have a fixed amount of charges in mind but I guess just need to ensure that it is competitive enough among the players.Investopenlyhttps://www.blogger.com/profile/07785795437892877722noreply@blogger.comtag:blogger.com,1999:blog-6290074707985614952.post-13293601727451255452016-04-25T00:42:00.016+08:002016-04-25T00:42:00.016+08:00Hi.
I'm currently doing a school project for O...Hi.<br />I'm currently doing a school project for OCBC BCIP and I just want to ask your opinion as an investor.<br />If OCBC were to lower its fees & charges, would you be more compelled to invest? What kind of changes would make BCIP more appealing to you?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6290074707985614952.post-40562690402850934052015-08-31T22:43:24.767+08:002015-08-31T22:43:24.767+08:00Hi Initiatives, if I am not wrong, the fee of buy ...Hi Initiatives, if I am not wrong, the fee of buy and sell are the same, for more details, you may want to check out the link here : http://www.maybank-ke.com.sg/latest-offerings/listing/sgd0-commission-with-monthly-investment-plan/ Investopenlyhttps://www.blogger.com/profile/07785795437892877722noreply@blogger.comtag:blogger.com,1999:blog-6290074707985614952.post-4392207718042160672015-08-31T21:36:28.047+08:002015-08-31T21:36:28.047+08:00Hi all,
Anyone has any idea for Maybank's MIP...Hi all,<br /><br />Anyone has any idea for Maybank's MIP, how much is the cost of selling? is it based on the charges of the KE trade at 18 dollars minimum? or will it be the same as the sales charge at 1% of value?Initiativesnoreply@blogger.comtag:blogger.com,1999:blog-6290074707985614952.post-90272301043014423652015-06-20T10:57:58.596+08:002015-06-20T10:57:58.596+08:00Hi Marc,
I've still haven't decided which...Hi Marc,<br /><br />I've still haven't decided which platform to use (either Phillips' POEMS or Maybank Kim Eng's), you can have an option to reinvest the dividends or cash out. Investopenlyhttps://www.blogger.com/profile/07785795437892877722noreply@blogger.comtag:blogger.com,1999:blog-6290074707985614952.post-31854120044760252152015-06-18T17:00:32.225+08:002015-06-18T17:00:32.225+08:00Hi Richard,
May I know if you have embarked on thi...Hi Richard,<br />May I know if you have embarked on this already?<br />Do you know by now if they would reinvest the dividends or just payout into account?<br />Thanks!Anonymoushttps://www.blogger.com/profile/08973951949128786640noreply@blogger.comtag:blogger.com,1999:blog-6290074707985614952.post-8251422190504892502015-03-10T10:12:21.054+08:002015-03-10T10:12:21.054+08:00TIA : You are most welcome. One added benefit of m...TIA : You are most welcome. One added benefit of maybank is their Rewards program, I've just opened a trading account with them ;-)Investopenlyhttps://www.blogger.com/profile/07785795437892877722noreply@blogger.comtag:blogger.com,1999:blog-6290074707985614952.post-7810219798111449692015-03-10T09:56:12.579+08:002015-03-10T09:56:12.579+08:00Hi Richard,
Great job in collating all the most c...Hi Richard,<br /><br />Great job in collating all the most commonly used regular investment plans! Clear cut.<br />OCBC BCIP once provided promotion for zero minimum commission cost which I'd took advantage off too.<br />For myself, anything above 1% of commission is not very welcomed, so I might still consider MayBank since it's 1% per round trip :)<br /><br />The Independent Abecedarian<br />http://www.theindependentabecedarian.com/<br /><br />PS. Issues with Name/URL selectionAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6290074707985614952.post-35803714419546783642015-03-10T08:38:22.440+08:002015-03-10T08:38:22.440+08:00WeiJie : Thanks for the comment, I guess you are r...WeiJie : Thanks for the comment, I guess you are right, ultimately, we need to handle the situation of selling odd lots for such plans, with the lot size reduced to 100 now, I guess the issue might not be that severe.. Cheers! Investopenlyhttps://www.blogger.com/profile/07785795437892877722noreply@blogger.comtag:blogger.com,1999:blog-6290074707985614952.post-22628664284607339562015-03-10T07:29:11.085+08:002015-03-10T07:29:11.085+08:00I send an email to enquire about trading odd lots ...I send an email to enquire about trading odd lots (since POSB only allows full redemption), they replied that you may trade odd lots offlije through the trade representative assigned to service your account.<br /><br />There would be different brokerage charges payable for online and offline trading.WEiJiEhttps://www.blogger.com/profile/12827877360760319834noreply@blogger.comtag:blogger.com,1999:blog-6290074707985614952.post-62446014272599253612015-03-09T16:40:49.618+08:002015-03-09T16:40:49.618+08:00LP : Yes, will be opening an account with them... ...LP : Yes, will be opening an account with them... Will use it as a back-up account too (inspired by your earlier post). Also, it seems that they have some kind of rewards program as well as lower minimum commission of $18 ;-)Investopenlyhttps://www.blogger.com/profile/07785795437892877722noreply@blogger.comtag:blogger.com,1999:blog-6290074707985614952.post-9964642835184932462015-03-09T16:34:02.550+08:002015-03-09T16:34:02.550+08:00Ya, couldn't find it either. It's quite an...Ya, couldn't find it either. It's quite an important question if you're looking at a group of passive investor who does not want to look at the market at all. Just put in a sum and let it roll and roll. <br /><br />You're going to open an account with them?<br /><br />la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-6290074707985614952.post-62583683175979437992015-03-09T16:06:37.043+08:002015-03-09T16:06:37.043+08:00LP : You are most welcome! Good question, I have b...LP : You are most welcome! Good question, I have been searching their site for the same question too but to no avail i.e. their FAQ do not cover this. As we need to open a pre-funded brokerage account with them, I am of the view that they will credit back to our account. Will update the comment if I've gotten the answer. Investopenlyhttps://www.blogger.com/profile/07785795437892877722noreply@blogger.comtag:blogger.com,1999:blog-6290074707985614952.post-8766373485850950702015-03-09T15:42:57.316+08:002015-03-09T15:42:57.316+08:00Hi Richard,
Thanks for the nice comparison :)
...Hi Richard, <br /><br />Thanks for the nice comparison :) <br /><br />Do you happen to know if the May Bank's plan includes reinvestment of dividend proceeds to buy back the underlying counters? Or is the dividends paid out in cash? la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-6290074707985614952.post-72867152808349269752015-03-09T07:38:20.322+08:002015-03-09T07:38:20.322+08:00Investing wolf : I think the regular investment pl...Investing wolf : I think the regular investment plan is cater for those do not want to invest in lump sum and rather split them in fixed interval so that they can have the benefit of "time in market".. The zero and low fee is very attractive to me...Investopenlyhttps://www.blogger.com/profile/07785795437892877722noreply@blogger.comtag:blogger.com,1999:blog-6290074707985614952.post-46622593233123853002015-03-09T00:36:07.781+08:002015-03-09T00:36:07.781+08:00Wow... Thats a really attractive plan. Plus it'...Wow... Thats a really attractive plan. Plus it's the first to allocate counters other than SG market. Unfortunately, I am more focused on growing my account rapidly using the limited capital i have. Hence i would not be able to afford doing Regular Investment Plans. But i do advocate it to anyone who are interested to invest in the market with lower risk (if you buy the market ETF) and with lower capital over a long period (>5-10years).InvestingWolfhttps://www.blogger.com/profile/03549878402720782770noreply@blogger.com