Czyee

11 Mar 2021

∙

General Investing

How to calculate earnings from POSB invest saver? Should I sell my units upon termination of the RSP?

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

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.

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Hi I’m new to ETF I’m still not too sure what I’m I supposed to do with it to profit. I used the POSB RSP currently. Do I sell the units at certain point of time or do I accumulate to earn dividends?

What are the difference between posb invest saver and their unit trust? Which one of these two should i start investing?

For POSB Invest-Saver, are there any UTs that are worth investing through RSP? Same sales charges of 0.82% but not sure if high fund expenses outweigh outperformance?

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