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How To Invest In Blue Chip Stocks With OCBC BCIP (Review)
By Financially Independent Pharmacist  •  October 4, 2020
Are you constantly worrying about finding the right time to buy your stocks? You can consider a dollar cost averaging strategy instead. Here’s where OCBC’s Blue Chip Investment Plan (BCIP) may help you. By using this Regular Savings Plan (RSP), you are able to dollar cost average into a variety of blue chip stocks and exchange traded funds!

What is the OCBC BCIP?

The OCBC Blue Chip Investment Plan (BCIP) is a regular savings plan by OCBC. This savings plan allows you to invest in 20 different counters. This includes:
  1. 17 individuals stocks that are part of the Straits Times Index
  2. 3 ETFs listed on the Singapore Exchange (SGX)
The OCBC BCIP plan allows you to use a dollar cost averaging approach when buying a counter. The price of the counter will change over the months. When you invest the same amount of money each month, the number of units you buy will be different....
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By Financially Independent Pharmacist
I’m a current Pharmacy undergraduate in NUS who is passionate about personal finance. I strongly advocate everyone to become more financially literate. Personal finance is such an important skill, yet it is not being taught in schools.
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