Any bros here tried this yet? Or think it is bloody good?
To me, it's like break-lot group buying and sharing of losses and profits...nothing much new.
thing is, I dont like the idea of somebody choosing my stocks. OCBC also didnt say whether your profits are also pro-rata then.
If that's the case, CFDs are better - you enjoyed the total move up or down in yr stock, while invested in only a margin of the cost, which becomes attractive due to the enhanced yield. With CFDs, you can also play indices, and the HSI 30 is one hell of a ride and easier to track than individual stocks. The BCIP does not offer indices.
http://www.ocbc.com.sg/personal-banking/Investments/bluechip.html#fees
To me, it's like break-lot group buying and sharing of losses and profits...nothing much new.
thing is, I dont like the idea of somebody choosing my stocks. OCBC also didnt say whether your profits are also pro-rata then.
If that's the case, CFDs are better - you enjoyed the total move up or down in yr stock, while invested in only a margin of the cost, which becomes attractive due to the enhanced yield. With CFDs, you can also play indices, and the HSI 30 is one hell of a ride and easier to track than individual stocks. The BCIP does not offer indices.
http://www.ocbc.com.sg/personal-banking/Investments/bluechip.html#fees
Last edited:
