I originally had this post titled “Purchases for Dec 2016”. But it sounded like the post is about consumer items that I purchased for the month of Dec 2016. Of which there were many considering the Christmas celebrations, dinners and gift exchanges. Happy and fun times!
Anyway, I changed the title to “Investments for Dec 2016”, just to make it sound more official and related to the financial assets purchased for the month of Dec 2016. As a follow up to my previous post on dividend income received in Dec 2016, I have also decided to reveal both my automatic and manual investments each month.
Automatic
POSB Invest-Saver
ABF Singapore Bond Index Fund (A35): 86 shares at S$1.145 per share
Nikko AM STI ETF (G3B): 32 shares at S$3.05 per share
Maybank Kim Eng Monthly Investment Plan
SPDR STI ETF (ES3): 97 shares at S$3 per share
OCBC Blue Chip Investment Plan
Nikko AM STI ETF (G3B): 498 shares at S$3 per share
Manual
Nil
Going forward from Jan 2017, S$1,800 will be auto-invested across three investment plans each month with a total fee of S$8. The aim is to keep the transaction cost to 1% or less of the investment amount each month.
Hi Finance Smith,
Just curious, why did you separate your purchase of STI ETF to 3 different plans? Isn't it cheaper on comms if you focus fire and just use OCBC BCIP?
Hi NEC,
My wife and I keep our share holdings and monthly investment plans separate. We incur more transaction costs in doing so but find that it is better to have our own portfolios.
Cheers,
FS