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POSB Invest-Saver RSP Update

If I am to describe myself as an investor now, I will probably be an index investor. It has since been about 9 months ago that I subscribed to Invest-Saver. There were a couple of reasons that got me started. 

 Firstly, I wanted to get started with stocks, secondly, learn about investing with a small capital and lastly, to discipline myself financially. 

 9 months on, how did it fare? 

 Dollar-Cost Averaging

 $100 goes into the RSP monthly, except for June's amount of $200. 

Total Investment Costs and Cumulative Portfolio Value as of 30 July
Capital Gains/Losses as of 30 July


 There were dividends of $2.93 in January and $10.59 in July. 

Total Return is $17.64 as of 29/7/16 which includes the dividends minus the commission costs. (Note that a few months back, the STI was really volatile and Total Return was negative, so it isn't all rosy always). Current share price stands at 2.93 as of 29/7/16). 

I am going to continue this plan until my ORD because that's when my cash flow stops. There was no particular reason for putting in $200 in June other than trying out the ATM function. 

 There will always be different expectations of returns. A fellow army mate shared how he can win hundreds in a casino, another won hundreds in the recent World Cup. So when this topic came up, it's quite apparent that the returns are low and volatile for this Invest-Saver. But one of them signed up after he realized that time and the value of compounding could help here. To each his own. 

 So I tell myself that in time, this RSP will shine even with corrections in the STI. I must be able to wait out those falls and be in for the long haul. 

 Till next time, 
K. 




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Comments

  1. TI30 July 2016 at 19:17

    Think ahead and try to see what ways can you continue making money after you Ord. Freelance or part-time work maybe? Don't stop the monthly rsp if you can!

    Kevin

    ReplyDelete
    Replies
    1. K31 July 2016 at 01:26

      Hi there,

      I will likely head for full-time work straight after. So I can continue again. I think I'm buying into life-long learning, haha.

      Delete
  2. Asknlearn30 December 2016 at 23:21

    Hi, pardon me, but I would like to ask how did you obtain your investment cost for 12/12/15? I worked it out and got this:

    $100 - $1 (commission) = $99
    $99 / $2.922 = 33.880 units
    Refund = 0.880 * $2.922 = $2.57
    Refund = 1% * $2.57 = $0.0257
    Total Refund = $2.57 + $0.0257 = $2.595(Round to $2.60)
    Transacted price = 100 - $2.60 = $97.35

    You've gotten $97.43 for your investment cost, was the workings the same as yours?
    Thanks! :)

    ReplyDelete
  3. Unknown20 April 2017 at 20:47

    Hi, do you mind sharing the spreadsheet you are using ?

    ReplyDelete

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