Personal Finance
(Post 56/week 43)Investment project update part 2:Posb invest saver OCT 2018 summary
By Sonicericsg  •  October 31, 2018
*100000 views! thank you all for reading my blog! Posb invest saver(OCT 2018) My POSB invest saver update for the month of May, read here My POSB invest saver update for the month of June, read here My POSB invest saver update for the month of July, read here My POSB invest saver update for the month of Aug, read here My POSB invest saver update for the month of Sept, read here Regular saving plan updates for ABF Singapore Bond Index Fund(A35) Breakdown of my regular saving plan(A35) this month(Oct 2018) Total amount(regular saving plan)A35:$100 Price per share:$1.123100 Gross sales charge:0.5% Net sales charge amount:0.5% of 100=$0.50 Net amount invested: Total amount-net sales charge amount=$100-$0.50=$99.50 Units issued: Net amount invested/price per share=$99.50/$1.123100=88 units Summary: As of 22Oct, the share price of A35 was at 1.121, has not changed much from last month, which is quite at the middle with its maximum at 1.25(2011) and its lowest 1.00(2008). Will be watching it for any further movement, once below 1.100 will make a bulk purchase ......
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By Sonicericsg
Hi everyone, I'm soniceric, my real name is of course not soniceric, it's just Ericsson :) The reason I name this blog as soniceric is a word play on the brand of "sony Ericsson" hence soniceric(geddit?) I am currently a 22 years old nsf who is about to ord soon and receiving a paltry ns allowance of $800 per month. To date, I have managed to save more than 10k and have already use the money for various purpose(emergency fund, peer to peer lending,posb invest saving and stocks, trading etc).
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