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STI ETF

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I have invested in STI ETF under the OCBC Blue Chip Investment Plan (BCIP). Am I able to transfer the shares/units to my CDP account? Otherwise, is it possible to transfer it to my FSM One account?
SW
Shaun WQ Lim
Level 7. Grand Master
Answered 6h ago
Https://www.ocbc.com/personal-banking/investments/blue-chip-investment-plan At the bottom of the page, it states the fees for transfer of the securities/stocks to CDP or other financial institutions. https://www.ocbc.com/iwov-resources/sg/ocbc/personal/pdf/investments/bcip-faqs.pdf Have to go to an OCBC branch to complete the transfer form.
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Investments

STI ETF

ETF

I'm new to investing and would like to ask if one would recommend transferring STI ETF to your own CDP account?
No, custodian accounts are really safe and saves you money. I would not reccomend it
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Investments

STI ETF

ETF

Is it worth it to buy STI ETF or overseas ETF instead?
X
X_Y
Level 5. Genius
Answered 9h ago
You have mentioned quite alot of negative aspects of STI ETF. Won't it be quite ironic if you are gotta allocate capital into it? Maintain your objectivity. Do not make your decision to invest because it is a popular fund in Singapore or your friends and relatives have invested in it etc. Have a systematic approach to decide what is good and not good in your opinion. I wrote something similar at https://seedly.sg/questions/can-review-my-portfolio-1-iwda-10-000-invested-beginning-of-this-year-2020-dca-monthly-1-500-2-sti-etf-18-000-invested-since-2018-having-a-loss-3-unit-trust-10-000-value-11-000-any-suggestions . Hope it helps.
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Investments

ETF

S&P 500 Index

STI ETF

Online Brokerages

Brokerages

Robo-Advisors

I'm in my mid 20s. Should I choose accumulating or distributing ETFs? What are some of these ETFs (I'm not interested in STI ETF)? Which is a good platform to buy them?
Frankie Rappaport
Frankie Rappaport
Top Contributor

Top Contributor (Jul)

Level 9. God of Wisdom
Updated 14h ago
You are right, accumulating is the better, hassle free and cost effective choice. the wished for flexibility can also be has with investing new money into the portfolio. For your situation MSCI World, MSCI ACWI, S&P 500 and a bit of MCHI could be considered being aware that stock investing is always risky, total losses possible. what to avoid, I have written up here: https://seedly.sg/questions/what-is-your-general-investing-philosophy-strategy
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COVID-19

Savings Accounts

STI ETF

S&P 500 Index

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Endowment Policies

If you have spare cash available, what would you do during this pandemic?
Tan Yu Ji
Tan Yu Ji
Level 5. Genius
Answered 1d ago
I would do a regular savings plan and place it in the S&P500, put into Singlife which gives you up to 2.5% per annum, or put it in a roboadvisor where you can set it and forget it.
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Investments

S&P 500 Index

ETF

STI ETF

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FSMOne Fundsupermart

FSM Maps

Regular Shares Savings Plans (RSS/RSP)

Any suggestions for allocating and selecting platforms for $500/month on ETF (local & global) ?
CA
Clive Ang
Level 4. Prodigy
Answered 4d ago
Hi, It really depends on what you plan to do with your investments? Are u looking for dividends consistently? Or are you looking for capital gains? For dividends, I would say that the STI ETF pays are much better yield than the S&P 500. However, in terms of capital gains it is really far off the S&P 500. It wouldn't be fair to compare the two anyway because both countries have different economies. I would probably hold both and proportion according to what your goals are. Have tried several Brokers from TD Ameritrade, Interactive Brokers, Tiger Brokers and even our local banks like DBS Vickers. If you are looking to buy SG stocks, not many Brokers offer that right now. I'm using Tiger Brokers for that right now because of low commissions. That being said this is a custodian account as compared to a CDP account like DBS Vickers. Some people would rather pay higher commissions for that ease of mind in a CDP account. It depends on your risk appetite. I personally split my account across a few brokers If you are a beginner, i would strongly recommend using a robo-advisor as well. Something like stashaway. It takes the guesswork out for yourself. $500 a month would be difficult to purchase on a normal broker unless u buy fractional shares which not everybody offers. Should you decide to go ahead with a regular broker i would say alternate and dollar cost average your different investments across the months. E.g Month 1: S&P500, Month 2: STI You also don't get taxed on capital gains for US stocks with the exception of dividend payouts. So i would not worry about that unless you're using the S&P500 for dividends Hope that helps!
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STI ETF

Investments

Online Brokerages

Forex (FX)

Thoughts on allocating 10%-20% of your portfolio to the sti etf so as to reduce fx risk?
Lee John
Lee John
Level 5. Genius
Answered 2d ago
Nah, low returns. USD has good stability with SGD over many decades so I feel is safe compared to other EM.
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Investments

STI ETF

Online Brokerages

I have contributed $200 monthly (Total S$1,400) via OCBC Blue Chip Investment Plan into STI Index. Should I sell and switch over to FSM RSP to save cost?
Frankie Rappaport
Frankie Rappaport
Top Contributor

Top Contributor (Jul)

Level 9. God of Wisdom
Answered 3d ago
Yes cancel completely investing into STI, invest periodically into MSCI World ETF with best broker currently TD Ameritrade Singapore branch (= zero fees & reliable)
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STI ETF

S&P 500 Index

FSMOne Fundsupermart

Investments

Online Brokerages

As someone in my 20s with high risk appetite and 2.5k to invest monthly. How would you invest it if you were me (more info in comments)?
Frankie Rappaport
Frankie Rappaport
Top Contributor

Top Contributor (Jul)

Level 9. God of Wisdom
Answered 3d ago
Many alternatives but only few 'relatively' safe ones. minimizing trading / account maintenance costs & properly diversified asset allocation via passive ETF stock indexing & Buy + Hold for ultra-longterm are the simple but not easy steps to durable investing success. on the alternatives but more on, what to avoid surely, You could read here: https://seedly.sg/questions/what-is-your-general-investing-philosophy-strategy
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