tag:blogger.com,1999:blog-7944902213075756335.post5177658211382420060..comments2024-03-28T10:39:01.047+08:00Comments on A Singaporean Stocks Investor (ASSI): Tea with Matthew Seah: OCBC Blue Chip Investment Plan.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger81125tag:blogger.com,1999:blog-7944902213075756335.post-77028617909589855752016-04-20T21:17:17.611+08:002016-04-20T21:17:17.611+08:00Hi Praveen V,
Firstly, I'm definitely no expe...Hi Praveen V,<br /><br />Firstly, I'm definitely no expert.<br /><br />If you do have $1600/month to invest, then perhaps OCBC is good enough.<br />Anything less, POSB would be the preferred choice.<br /><br />Regular investment plans are for holding long term, preferably more than 10 years.<br />I wouldn't recommend that you hold for 2 year and sell thereafter. Market movements might Anonymoushttps://www.blogger.com/profile/18294704042300607437noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-69584022204375997242016-04-17T10:50:40.582+08:002016-04-17T10:50:40.582+08:00Dear Matthew Seah.
Good day , was going through t...Dear <b>Matthew Seah</b>.<br /><br />Good day , was going through the above comments and found more relevant to me as i have invested in OCBC BIP , am considering 1600/month to equalize the minimum fee of 0.3% or 5$.<br /><br />Was looking for some advise and your expert view , can this be used for short term to sell ( ie BCIP ) will that help in returns or any value in holding these for 2 yearsAnonymoushttps://www.blogger.com/profile/05986795395865488770noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-19124993378795971662016-04-07T23:04:18.191+08:002016-04-07T23:04:18.191+08:00Hi SF,
As for your first question, the Nikko AM S...Hi SF,<br /><br />As for your first question, the Nikko AM STI ETF is a fund that invest in all 30 companies that comprises the STI. So by investing in Nikko AM STI ETF, you are effectively diversifying into 30 different companies by just buying a single counter. You could invest in another counter if you so wish to.<br /><br />For your second question, I would suggest you go for POSB/DBS to Anonymoushttps://www.blogger.com/profile/18294704042300607437noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-79287102243171428872016-03-23T23:41:48.316+08:002016-03-23T23:41:48.316+08:00Dear Matthew,
I chanced upon your blog and this i...Dear Matthew,<br /><br />I chanced upon your blog and this is really an insightful read. I have also benefited much from the comments from other readers. I hope it is not late to to ask you 2 questions I have in my mind before I start with OCBC's Blue Chips Investment plan. <br /><br />1. Why is it more feasible to invest in 1 counter like Nikko AM Singapore STI ETF (G3B)? Is it okay to also SFhttps://www.blogger.com/profile/01904760054501452834noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-83871880516155520002015-08-24T12:55:38.716+08:002015-08-24T12:55:38.716+08:00Hi And So I Think,
In finance, there is no one-si...Hi And So I Think,<br /><br />In finance, there is no one-size-fit-all solution. Would you like to share more about the proportion of funds allocated to different assets such as:<br />1. investment properties;<br />2. shares;<br />3. bonds;<br />4. derivatives;<br />5. REITs;<br />6. alternative investments;<br />7. fixed deposits;<br />8. cash<br /><br />I would think that custodian accounts areAnonymoushttps://www.blogger.com/profile/18294704042300607437noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-71974191469844626122015-08-23T23:44:44.083+08:002015-08-23T23:44:44.083+08:00Hi Matthew,
Reading your post on Etf and OCBC and...Hi Matthew,<br /><br />Reading your post on Etf and OCBC and standard chartered rates was very refreshing because I'm also doing research on these. <br /><br />I have about $500-$800 per month to invest. Would you recommend that I open a brokerage with Standard Chartered or OCBC? <br /><br />What's attractive about SC is that the charges are so low compared to OCBC. However the drawback And So I Think...https://www.blogger.com/profile/05650498296015778030noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-26470565816448305022015-03-11T16:55:46.992+08:002015-03-11T16:55:46.992+08:00Hi Ananth Pillai,
OCBC does not have dividend rei...Hi Ananth Pillai,<br /><br />OCBC does not have dividend reinvestment option.<br /><br />By $5 a month, I am assuming you are looking at OCBC here. Yes, you will lose $5 a month and a 0.3% commission when u sell after 10 years. <br /><br />Regards,<br />MatthewAnonymoushttps://www.blogger.com/profile/18294704042300607437noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-77061587531488640652015-03-11T15:35:56.213+08:002015-03-11T15:35:56.213+08:00Hi Matthew.
I have some doubts, was hoping you co...Hi Matthew.<br /><br />I have some doubts, was hoping you could help.<br /><br />1. Reinvestment of the dividends.<br />POSB does not reinvest the dividends. POEMS do reinvest the dividends. But I couldn't find any details if OCBC does this. POEMS do reinvest the dividends automatically. Does ocbc reinvest?<br /><br />2. If I'm going to invest cash $1500/mth for 10 years. I will loss $5 Anonymoushttps://www.blogger.com/profile/03328749028572931325noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-3103466495870852892015-03-11T15:27:32.399+08:002015-03-11T15:27:32.399+08:00Hi Matthew,
I have some doubts, hoping you could ...Hi Matthew,<br /><br />I have some doubts, hoping you could help.<br />1. Reinvestment of the dividends.<br />POSB does not reinvest the dividends. POEMS do reinvest the dividends. But ocbc bcip, I couldn't find any details. Does ocbc reinvest?<br />2.if I'm going to invest cash 1500/mth, I loss $5 every month, and a further 0.3% on my investments when I sell them, say after 10 years.Is Anonymoushttps://www.blogger.com/profile/03328749028572931325noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-16402376824799794252015-01-07T13:12:02.986+08:002015-01-07T13:12:02.986+08:00Hi Richard,
I don't think OCBC BCIP allows bi...Hi Richard,<br /><br />I don't think OCBC BCIP allows bi-monthly investment. i.e. Investing once every 2 months.<br /><br />As long as you invest with the same amount each time, investing 1k/mth or 2k/2mths should give similar returns (excluding fees). <br /><br />Given that a larger investment amount has lower fees, a larger investment amount would result in a slightly higher return.Anonymoushttps://www.blogger.com/profile/18294704042300607437noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-20361461262408793142015-01-07T12:22:33.545+08:002015-01-07T12:22:33.545+08:00Hi Richard,
Option 1 is indeed a better choice of...Hi Richard,<br /><br />Option 1 is indeed a better choice of the 2. <br /><br />The main factor for DCA to work its wonders is the FIXED investment amount.Anonymoushttps://www.blogger.com/profile/18294704042300607437noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-71668453514412397282015-01-07T12:06:19.572+08:002015-01-07T12:06:19.572+08:00hi Matthew,
another comparison that i seek yuor a...hi Matthew,<br /><br />another comparison that i seek yuor advice for, since you are really knowledgable on ETFs and DCA:<br /><br />using OCBC BCIP, will it make a difference in the long run if i DCA with 2k every 2 months instead of 1k per month? reason for doing this is so that i can maximize my cost to buy in, as 1k will incur 5 dollars (0.05%) whereas 2k will incur 6 dollars(0.03%)richardhttps://www.blogger.com/profile/14466573185196561750noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-2382311648466000112015-01-07T12:01:24.739+08:002015-01-07T12:01:24.739+08:00hi Matthew,
in regards to DCA, will it be better ...hi Matthew,<br /><br />in regards to DCA, will it be better for me to:<br /><br />1. allocate 1k per mth to buy spdr through SCB, rollover the excess to next month(since scb can only buy whole lots and not odd lots)<br /><br />OR<br /><br />2. buy 300 lots every month through SCB<br /><br />i believe option 1 is more effective as a mean of DCA, and will generate better returns for me in the long richardhttps://www.blogger.com/profile/14466573185196561750noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-19053734837378908342014-08-05T14:39:36.709+08:002014-08-05T14:39:36.709+08:00Hi Matthew!
Thanks for the prompt response!
Is i...Hi Matthew!<br /><br />Thanks for the prompt response!<br /><br />Is investing in BCIP is the best method to start for young graduates like myself? I'm a low risk taker with minimal savings. I was reading up on investing and plenty of articles/blogs seem to point in the direction of mutual funds.melhttps://www.blogger.com/profile/05140784258634250253noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-15683741382322672662014-08-05T12:23:47.117+08:002014-08-05T12:23:47.117+08:00Hi Mel,
Since we are going to invest for the long...Hi Mel,<br /><br />Since we are going to invest for the long term. I suggest you do not look at the waivers (it only last 2 more months) and focus on the actual costs instead as the actual costs are what you will be paying for the next 5, 10, 20, 30 years.<br /><br />Studies have shown that the risk of capital loss is greatly reduced the longer you stay invested. As such you should be holding it Anonymoushttps://www.blogger.com/profile/18294704042300607437noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-71723862871215318392014-08-05T11:16:01.219+08:002014-08-05T11:16:01.219+08:00Hi Mel,
Since we are going to invest for the long...Hi Mel,<br /><br />Since we are going to invest for the long term. I suggest you do not look at the waivers (it only last 2 more months) and focus on the actual costs instead as the actual costs are what you will be paying for the next 5, 10, 20, 30 years.<br /><br />Studies have shown that the risk of capital loss is greatly reduced the longer you stay invested. As such you should be holding it Anonymoushttps://www.blogger.com/profile/18294704042300607437noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-87849180899561221582014-08-05T10:57:59.426+08:002014-08-05T10:57:59.426+08:00Hi Matthew,
Thank you for the information & c...Hi Matthew,<br /><br />Thank you for the information & comparison!<br /><br />Currently, OCBC is having the promotion till 30 September 2014, pay only the regular fee of 0.30% when you buy or sell through BCIP. The minimum fee of S$5 per counter per transaction is waived.<br /><br />Will it be wise then to invest in OCBC BCIP over POSB BCIP?<br /><br />Also, how long should the investment on melhttps://www.blogger.com/profile/05140784258634250253noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-55190089559289256722013-12-24T22:39:14.194+08:002013-12-24T22:39:14.194+08:00Hi faddy,
STI ETF is indeed a better choice. Howe...Hi faddy,<br /><br />STI ETF is indeed a better choice. However, both POSB and OCBC only offers Nikko AM STI ETF for their respective regular investment accountsAnonymoushttps://www.blogger.com/profile/18294704042300607437noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-34046173116092802532013-12-16T12:29:33.574+08:002013-12-16T12:29:33.574+08:00Hihi Matthew,
I read the above remarks with much i...Hihi Matthew,<br />I read the above remarks with much interest.thanks for the clear breakdown of the STI ETF and NIkko AM STI ETF. I am considering to use my SRS savings ($500/1mth as recommended, looking at holding for 10 to 20 years) to buy Nikko or STI ETF. Am aware about the retirement contraints (can only reap by retirement age). <br />My qn is: since u mentioned that STI ETF is better in faddyhttps://www.blogger.com/profile/08059159959704786283noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-15666119347202708252013-12-08T11:22:06.059+08:002013-12-08T11:22:06.059+08:00^͜^^͜^Anonymoushttps://www.blogger.com/profile/18294704042300607437noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-849383961701383112013-12-06T10:18:38.649+08:002013-12-06T10:18:38.649+08:00Hi, Matthew.
I have sent an email to OCBC and the...Hi, Matthew.<br /><br />I have sent an email to OCBC and they replied that they will look into it.<br /><br />ThanksFreedomhttps://www.blogger.com/profile/11882306031896957605noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-7809035346119907672013-12-04T18:16:41.516+08:002013-12-04T18:16:41.516+08:00Hi Freedom,
You may want to try giving OCBC const...Hi Freedom,<br /><br />You may want to try giving OCBC constructive feedback for them to consider =)Anonymoushttps://www.blogger.com/profile/18294704042300607437noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-10653336641479606652013-12-04T17:27:08.259+08:002013-12-04T17:27:08.259+08:00I was hoping that OCBC will consider to incorporat...I was hoping that OCBC will consider to incorporate a DRIP structure to their BCIP and allows investor to have that option.<br /><br />It will certainly be beneficial to the investor.Freedomhttps://www.blogger.com/profile/11882306031896957605noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-88747295616321526652013-11-22T11:03:37.384+08:002013-11-22T11:03:37.384+08:00Since OCBC Bank launched the shares savings plan i...<i>Since OCBC Bank launched the shares savings plan in July this year, the number of sign-ups has doubled over the period from August to October.<br /><br />While such plan makes investing a lot simpler and more accessible, analysts say investors should still evaluate their investments regularly.<br /><br />OCBC's investment plan allows investors to start investing in a range of 20 Singapore AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-64104159897571515012013-11-20T12:56:30.824+08:002013-11-20T12:56:30.824+08:00Hi Willian Foo,
Well, keep hoping!
I might post ...Hi Willian Foo,<br /><br />Well, keep hoping!<br /><br />I might post one when I feel like it =)Anonymoushttps://www.blogger.com/profile/18294704042300607437noreply@blogger.com