do not use cpf to invest in low priced stocks
#1

DBS charges u @2.50/1ooo shares for buy n sell

if buy 10,000 yjzf in at 0.38 will cost u $25 extra which is way too expensive as compared to only$8.80 on comm

so better to use cpif to invest in blue chips n mid cap  w price of at least 2/
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#2

tiagong got 1 unker from edmw claim : buy no scare scare no buy.
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#3

Hi I think you got the charges wrong.

It is per transaction $2. The rest is commission.

Also every quarter $2 per counter.
In this day and age cannot be by number of shares.

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#4

Sorry TS us right there is $2 per 1000 maximum $20

Really stupid charges

[Image: a3MLPeq.jpg]

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#5

(27-01-2023, 09:29 AM)8ighty8 Wrote:  tiagong got 1 unker from edmw claim : buy no scare scare no buy.

why quote me ?  Angry
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#6

(27-01-2023, 09:32 AM)sgbuffett Wrote:  Hi I think you got the charges wrong.

It is per transaction $2. The rest is commission.

Also every quarter $2 per counter.
In this day and age cannot be by number of shares.

YES CFM N RECFM 
I HV THE PRINTED A4 SIZE CPF INVESTMENT ACCT-SCHEDULE OF BANK CHARGES FR DBS
$2.50 PER 1,000 SHARES /LOAN STOCKS/UNITSOR PART THEREFORE SUBJECT TO A MAXIMUM OF $25/ TRANSACTION
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#7

I BOT  4,000 SIA ENG ON DEC
DBS CHARGED ME $10 AS TRANSACTION FEES.
MY BROKAGE COMM IS $8.80

THEY THE 3 BIG BANKS  ARE WORKING LIKE A CARTEL
SO UOB CHARGES IS SAME AS DBS
NO IDDEA HOW IS OCBC CHARGES
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#8

(27-01-2023, 01:35 PM)talky Wrote:  I BOT  4,000 SIA ENG ON DEC
DBS CHARGED ME $10 AS TRANSACTION FEES.
MY BROKAGE COMM IS $8.80

THEY THE 3 BIG BANKS  ARE WORKING LIKE A CARTEL
SO UOB CHARGES IS SAME AS DBS
NO IDDEA HOW IS OCBC CHARGES

DBS is " Sucker " I noticed USD Drop , they can " don't know how charge high " due to so call " THEIR exchange rates + so call service "
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#9

must always work out the best number of shares/value to buy per trade.
$2 admin cost will e ok if dividend return well above 2.5% cause net net get more $.

yzjfh will be a slow stock. but maybe a very good return on capital value in time as the boss deliver on their new venture. can see first and buy as each delivery happen. but then price will have move higher from here. nta 1.09. share trade at 39cents. for man who are slow slow. this are good stock on sale. premise is they pay at least 3.5% return for dividend for cpf holders to buy and wait.
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#10

(27-01-2023, 02:34 PM)sclim Wrote:  must always work out the best number of shares/value to buy per trade.
$2 admin cost will e ok if dividend return well above 2.5% cause net net get more $.

yzjfh will be a slow stock. but maybe a very good return on capital value in time as the boss deliver on their new venture. can see first and buy as each delivery happen. but then price will have move higher from here. nta 1.09. share trade at 39cents. for man who are slow slow. this are good stock on sale. premise is they pay at least 3.5% return for dividend for cpf holders to buy and wait.
For brokerage best is poems buy using CPF or SRS commission  0.08% no minimum means 80cts for $1000 but bank really spoil the show with $2 per 1000 shares charges no matter what you pay $2;min

UOB is $2 compared with DBS $2.50

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#11

(29-01-2023, 07:04 AM)sgbuffett Wrote:  For brokerage best is poems buy using CPF or SRS commission  0.08% no minimum means 80cts for $1000 but bank really spoil the show with $2 per 1000 shares charges no matter what you pay $2;min

UOB is $2 compared with DBS $2.50

as far as i know n i m also using poems comm 0.08% no minimum is for cash plus acct (pre paid w cash) is not for cpf
thts why for cpf i use i fast $8.80
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#12

(29-01-2023, 11:22 AM)talky Wrote:  as far as i know n i m also using poems comm 0.08% no minimum is for cash plus acct (pre paid w cash) is not for cpf
thts why for cpf i use i fast $8.80

You can link POEMs cash plus to SRS and CPF its much cheaper than iFast.

Upfront cash is needed when you buy after CPF pays for the stock the funds is released back to cashplus

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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#13

(29-01-2023, 11:33 AM)sgbuffett Wrote:  You can link POEMs cash plus to SRS and CPF its much cheaper than iFast.

Upfront cash is needed when you buy after CPF pays for the stock the funds is released back to cashplus

in the cash plus order ticket
it just show paymrnt type by cash or srs but no cpf option.
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#14

(29-01-2023, 12:01 PM)talky Wrote:  in the cash plus order ticket
it just show paymrnt type by cash or srs but no cpf option.

yes can use cash plus acct to buy cpf shareson no minimum brokage

but must hv hv cash available in the cash plus acct,they dont deduct the cash left intact but deduct fr yr cpf

i tried nanofilm cant becos is not cpf approved counter.
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