I think when it approaches ex date again, the price will rise. Need to recycle funds for Netlink IPO and upcoming reit IPO.

This post has been edited by Ramjade: Jun 7 2017, 07:30 PM

high forex spread for what ? can elaborate abit .

why buying using dbs no forex spread ?

This post has been edited by prince_mk: Jun 7 2017, 08:58 PM

u must be having cash or investment with value equivalent of SGD200K or above to be Priority member in Sg Stanchart.

Let's start to save from now.

Boss...to obtain Sgd200k = RM600k.

Do you know it takes ard 10 yrs to save RM100k. Maybe you need half of the tenure I guess to save RM100k.

Even if you save RM1000 per month, you need 8 yrs ++ to get RM100k..

RM600K, I guess you got to save 48 yrs ? hahahaha.. unless you have inheritance wealth..

I don't have any gold spoon like you..

Eg.
You buy AU stocks. You use SGD to buy. If you were to buy using DBS, you use less SGD to buy AU stocks.

Another example. Manulife US reit. You use SGD to buy it from standard chartered. If you use DBS, you would have used less SGD.

After use DBS to buy, then ask Standard chartered to transfer in. No maintenance charges. Then use dividend earned in Standard chartered to buy more.

A trick I learned from a Singaporean.

Me also no golden spoon. I just need SGD100k. Then try to compound it 8%. Will get another SGD100k in 9 years

As I can recall, DBSV has a minimum purchase on monthly else there s a charges. that s y I have not sign up for dbsV. Elea, can you confirm on this.

If you were to buy using DBS, you use less SGD to buy AU stocks. => what do you mean by this ? U mean the forex exchange from Sgd to Aud using dbs is better spread compare to Sg Stanchart ? I m not too sure on this. Can elaborate on this point

Sgd100k = RM300k.

If you set period of 9 years, monthly saving is RM2700. you expected salary in coming job must be at least RM5000.

Well planned you.

watch this one. if fed fails to hike, bond prices may rise further. so will reit prices then.

That's only for foreign shares. If you buy SG shares, it's kept with CDP. No charges.

After buy just initiate a transfer straight away once it showed up in DBS V. Don't wait for them to charge you. That's how I will play it. You can try comparing the price you need to pay in SGD. Standard Chartered SG is known for their bad forex spread (among Singaporean). If you are investing in SG, you should learn their tricks and trips. Be kiasu like them.

I am not very sure about SGD/AUD spread by DBS V. But I know their spread for HKD and USD is definitely way way cheaper than Standard Chartered. So if it's already true for USD and HKD, I am sure DBS's AUD will also be lower than Standard Chartered. This is just assumption (AUD is cheaper)


By that time 8 securities sure operational in AU/SG. Commission free trading. Takkan 10 years they cannot get their license. Also, maybe that time brokers in SG will be as cheap as Malaysia's broker.

It's almost 100% expected Feds will rise.

This post has been edited by Ramjade: Jun 7 2017, 10:11 PM

i am not so sure it will happen in the near term.

From what I read, it's 92-94% expected that Feds will increase interest rate.

when?

The US economy is still un convincing. Jobs are also slowing.

Read it on Bloomberg. But can't find it anymore. Here's other people who said Feds will hike.
http://www.marketwatch.com/amp/story/guid/...B2-665E119D65B4
https://mobile.nytimes.com/2017/05/30/busin...rest-rates.html

In the same vein,

http://www.marketwatch.com/story/rate-hike...vels-2017-05-17

You will have a whole range of structured products and conventional products for you to choose with that cash reserve. Very wide range depending on your risk and return preference.

Opens up totally another alternative to stock market. Offers from single digit to double digit returns

I would say not for everyone though. Some products are very complicated

For those interested,

Eagle Point declares $0.20 dividend

Jun. 7, 2017 12:22 PM ET|About: Eagle Point Credit Company Inc. (ECC)
Eagle Point (NYSE:ECC) declares $0.20/share monthly dividend, in line with previous.

Forward yield 11.59%

Payable June 30; for shareholders of record June 12; ex-div June 8.

Payable July 31; for shareholders of record July 13; ex-div July 11.

Payable Aug. 31; for shareholders of record Aug. 11; ex-div Aug. 9.

Payable Sept. 29; for shareholders of record Sept. 12; ex-div Sept. 8.

http://www.theedgemarkets.com.sg/capitalan...-changi-airport

can hold for a while... till good price...

the airport look nice.

u hv to make $$$ work harder for you to make it grow faster.

Money grow from investments.

My opinion the fastest for young people... is still PROPERTY.. if want make 6 figures in 10 years.
as its LEVERAGE MONEY.

Young people can take LONG loan duration and once prop ready dispose for CAPITAL GAIN.

That will expediate the FUNDS build-up.

couldn't agree more

i think have to have a little bit here and there.

Agreed with you.

My investment capitals came from disposal of properties gained.

my condo is completed soon and will be ready for renting too. make money works for us.