facebookI'm looking to start on the Regular Shares Savings Plan with $300 monthly, and deciding between DBS Invest Saver or OCBC Blue Chip Plan. Any advice on which option is better? - Seedly
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Anonymous

08 Jun 2020

I'm looking to start on the Regular Shares Savings Plan with $300 monthly, and deciding between DBS Invest Saver or OCBC Blue Chip Plan. Any advice on which option is better?

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    What are your thoughts?

    For $300 monthly, I would DCA into OCBC Blue chip to 3 different stocks. Perhaps I go for DBS, SGX & CLT.

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      Between DBS Invest-Saver and OCBC BCIP for $300 RSP, DBS Invest-Saver would be slightly cheaper but does not offer access to other blue chips stocks.

      It also contributes to the Investment category of DBS Multiplier or POSB Cashback and increases the interest rate of your savings in those accounts.

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        Ng Wei En

        Ng Wei En

        07 Jun 2020

        Level 10·Analyst at Mastercard

        Not going to do a side by side comparison fo both RSP plans because it is a topic that has been conv...

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