Thanks to the Small Time Investor's latest post (Small Time Interim Portfolio), it reminded me to relook into the Dollar Cost Averaging Investment plan as a way to accumulate my shares portfolio, gradually. I think such regular sharing/investing plan is especially useful for small-time retail investors.
The scheme provider in question is POEM's (Phillip Securities') Share Builders Plan (SBP). After reading through the site, following are the gist that I've gathered:
1. Shares Builders Plan can be kicked start with as low as SGD100 per month.
2. Following are the 20 counters available for selection :
CapitaLand | Keppel Corp | SembMarine | ST Engineering |
CapitaMall Trust* | Keppel Land | SGX | Starhub |
City Development | NOL | SIA | STI ETF |
DBS | OCBC | SingTel | UOB |
GLP | Sabana REIT | SPH | Venture |
*With the recent privatization, this counter might not be available anymore!
3. Monthly Amount will be deducted through GIRO on every 18th of the month.
4. The ...
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