Sold: NikkoAM-StraitsTrading Asia Ex Japan Reit via POSB Invest Saver

 

Sold 2124 shares of NikkoAM-StraitsTrading Asia Ex Japan Reit via POSB Invest Saver at $1.139 on 28 Jul.

Total profit: $84.44 (3.54%) in 1 year.

Reason for selling:

POSB Cashback Bonus account only recognize first 12 months of investment transaction

Bought NikkoAM-StraitsTrading Asia Ex Japan Reit via POSB Invest Saver is due to fulfilling the requirement needed by POSB Cashback Bonus / DBS Multiplier in order to earn more interest.

Read here for "Switched from DBS Multiplier to POSB Cashback Bonus account" & "Earned 14x more cashback in POSB Cashback Bonus than in DBS Multiplier".

Well, given that POSB Cashback bonus rebate you back 3% of your monthly investment amount, this requirement is still very juicy (Note: My total profit of $62.01 stated above exclude all the 3% rebate I earned via POSB Cashback bonus).

Since I am able to fulfil 3 categories (Salary + CC Spend + Home Loan) at this moment, I am not in hurry to switch to a new investment at this moment.

Read here for "How I reduce my POSB fixed 1.4% home loan to 0.85% via POSB cashback bonus"

Related post:

1) Switched from DBS Multiplier to POSB Cashback Bonus account

2) Earned 14x more cashback in POSB Cashback Bonus than in DBS Multiplier

3) How I reduce my POSB fixed 1.4% home loan to 0.85% via POSB cashback bonus