Asked by Anonymous
Asked on 06 Sep 2018
Hi all, I have just started out using POSB Invest Saver to purchase blue chip, by investing with $100 monthly, into both ABF and Nikko. Need some help in getting the formula to check if I am earning a profit or a loss, this is so that I can determine when is a good time for me to let go of the units I bought..
Through the POSB online banking portal, you can check the average bought prices for both ABF and Nikko. Factor in 0.82% transaction fee and that will be the breakeven. If market prices is above that value, then there is paper gain. (Excluding any dividends)