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I’ve just terminated my POSB invest saver and am not sure how to calculate how much I’ve actually earned from this over the years.. I have accumulated about 5000 units of NIKKO AM ETF.
Any advice on whether I should sell the units or continue to keep them? I don’t really understand how to read the info I see in my ibanking page.. thanks!
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Bullythebear
11 Mar 2021
Tutor at Self employed
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You can check your average price of the 5000 units. You can also check the market price either from sgx or from posb platform (delayed though). If you take the last price of the etf minus your average cost price, and multiply by 5000, you'll get your earnings (or losses if the ave cost price is lower than market price).
Since you don't really understand the product, maybe you should sell it. Less stress and more peaceful sleep. That's about 15k sgd there, not big or not small either.