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Recently I came across OCBC blue chips investment plan while I was browsing through for some ways to have passive income via monthly contributions of 200 per mth. However, I'm not sure if it is a good idea to start with ocbc blue chips investment plan. It allows choose counter like dbs, capitaland, keppel. Would it be wiser to manually buy or thru this kind of method if each purchase is small? Looking at a 5 yr horizon
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If the amount of investment is small, such method is better as the commission paid is lower in terms of percentage to your total investment per month.
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However, my suggestion is to explore others like DBS invest saver, FSM RSP, POEMS smart portfolio, etc.
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Their expense might be lower. IBKR might have similar but I have not tried that platform and there are people who say it's fees are cheap.
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