Good to know we were still able to make investment purchases for May 2017 despite being away from Singapore half of the month.
Automated Investing
Maybank Kim Eng Monthly Investment Plan (Maybank KE MIP)
- Buy 29 units of SPDR STI ETF (ES3 on SGX) at S$3.28 per unit on 8 May 2017
- Buy 92 units of Nikko AM REIT ETF (CFA on SGX) at S$1.04 per unit on 8 May 2017
- Transaction cost of S$2
POSB Invest-Saver
- Buy 29 units of Nikko AM STI ETF (G3B on SGX) at S$3.37 per unit on 15 May 2017
- Transaction cost of S$1
OCBC Blue Chip Investment Plan
- Buy 448 units of Nikko AM STI ETF (G3B on SGX) at S$3.33 per unit on 22 May 2017
- Transaction cost of S$5
POSB Invest-Saver
- Buy 85 units of ABF SG Bond ETF (A35 on SGX) at S$1.16 per unit on 25 May 2017
- Transaction cost of S$0.50
Total invested amount in ETFs of about S$1,900 using Automated Investing for May 2017 with transaction costs of S$8.50.
Manual Investing
Nil for May 2017.
The new S$100 monthly investment into the Nikko AM REIT ETF (CFA on SGX) using the Maybank KE MIP has kicked in from this month onwards. Hence, our monthly automated investing amount has increased to S$1,900 with transaction costs of S$8.50.
Major divisional restructuring at both our jobs
Both our banks have just announced that there will be major restructures at the divisional level that will impact our jobs. We knew the risks of retrenchment have been increasing since last year and it was a matter of time before we had to deal with them. Over the next few months, there will be significant changes to both of our teams that should result in us having to reapply for our current jobs or apply for new roles within the divisions. Time to see whether we survive this!
hi sir would like check what is your rationale of buying the same etf through different platforms?
Hi ees,
The main reason is due to the separate ownership of the ETFs bought by the various monthly investment plans between my wife and I. That’s why the same ETFs are being bought under different platforms.
Cheers,
John
Surprised that you would be affected by the restructuring given that you just joined and hiring side should have only hired when team is relatively stable. Why would you need to reapply for current job? also curious I thought you are doing Tax… why is there restructuring? or are you in finance?
Haha, you raised a good point. The main reason for my team restructuring is due to my program director leaving 6 months after I joined. It was for personal reasons. Didn’t expect that to happen and the new program director will be making changes to the team structure i.e. consolidating some of the job roles.
Yup, I used to be in tax compliance and tax advisory at accounting firms in Melbourne and Sydney. Just so happen that the tax regulations I was working on at the accounting firm in Singapore align more closely with regulatory compliance at a bank. Hence, the change in field of work but I don’t work in the finance area.