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POEMS’ Share Builders Plan (SBP) Looks Like Promising!
By Invest Openly  •  June 11, 2014
Dollar cost averaging
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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By Invest Openly
My name is Richard Ng and I am a Malaysian turned Singaporean. This is a personal blog of mine detailing my venture in Share Investment Project. All the details in this blog are from my real venture (as it happens) and all amount quoted are in SGD (Singapore Dollars), unless otherwise stated.
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