Hi Seedly fans! I have a question about the DBS multiplier investment category. I set up a regular savings plan with DBS and was wondering how long will my RSP count as an investment category? - Seedly
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Kannan Chidambaram

Asked on 07 Aug 2020

Hi Seedly fans! I have a question about the DBS multiplier investment category. I set up a regular savings plan with DBS and was wondering how long will my RSP count as an investment category?

Is it only for 12 months, after which I will need to ownself go buy stocks/ETF through DBS every month to keep qualifying?

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Chuan lee
Level 6. Master
Answered on 07 Aug 2020

Just setup another RSP plan buying other etf.

Like 12m STI >12m REIT ETF

You need to sell off STI ETF and wait for 6m before using back the same etf to be considered.

12m STI > 12m REIT ETF (sell STI and wait for 6m) > 12m STI (sell REIT ETF and wait for 6m)>>>

Alternatively, you can choose other ETF into the mix.

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ūüĎć
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Kannan Chidambaram

08 Aug 2020

Thank You!
Thank You!
Can you clarify
I wonder if
This is so helpful ūüĎć
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