Anonymous

18 Apr 2019

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General Investing

For those who invest monthly, what is the minimum investment we should make in order to maximize the sales charges occurring?

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Nicholes Wong

16 Jan 2019

Diploma in Business Management at Nanyang Polytechnic

Depends on how you buy and the minimum sales charge, if its 0.25% and minimum $10 sales charge, buying $4000 will be maximize. If buy using RSS, some dont have minimum sales charge.

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Planning to invest $200 monthly using POEMS ($6 sale charge). Do you think this is worth it or I should wait until I can invest a larger amount monthly etc $400 a month since it’s the same $6 charge?

I am a self-employed Real Estate Agent. Although it is possible for me to make a 5-6 figure income a month. My sales can still be 0. How much savings should I be setting aside before investing?

How much would you need to invest in order to make $1k a month in dividends?

OCBC Frank allows $100 investment a month for bluechip through them but there is a monthly fee of $5 . If i invest $100/month, I will make a lost by the end of the year. Is this common? Should I put in more going forward if not what should I do?

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