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Anonymous

19 Apr 2022

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General Investing

Should I start OCBC BCIP or are there better options for blue chip stocks

Im 24, currently dca-ing into syfe and s&p500. however, i was thinking to add blue chip stocks (DBS, Capitalmall etc) into my portfolio for long term dividend investing. Planning to dca 100/mth as a start. Is OCBC BCIP worth it with the 0.88% fee (under 30) or are there other better alternatives?

Discussion (2)

What are your thoughts?

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If you are already DIY, continue to DIY. The lots size makes it harder to buy stocks via DCA. Assuming your budget is 100/mth, you can DCA into

  • STI ETF - ES3/G3B (0.3% expense).
  • Large mid cap company - O9A (0.5%)
  • Dividend company ETF - OVQ (0.73%)
  • Not worth. Not much good blue chip sg stock.

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  • If u look at STI ETF ~ 48% banks, 21% reits.

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  • If u able to DIY for sg stock is the best, the 3 banks & individual reits

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  • Other alternative, sg reit ETF, or syfe Reit+. Dividend payout ~4%+ p.a.

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  • If you want higher dividend payout may explore unit trust with oversea exposure, where u can automate investing process using RSP.

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