Buying STI through DBS ATM machine

[hophlng]

peanut_butter:

I know this is a silly question. I have never buy shares and stocks before, since I simple couldn't understand the procedure to do that.


I managed to purchase some STI stocks at the ATM machine recently. And commit to pay on a monthly base..... but how do I know how much stock I have? The figure does not show up on the internet banking statement, unlike unit thrust.

You should have a CDP Account. You can always access your CDP Account to check how many stocks you have.

It is a regular monthly investment plan?

[Harlequin]

Maybe Peanut_butter is refering to STI ETF, which is not an individual stock but an exchange traded fund that tracks the performance of STI (Straits Times Index)… that’s why it’s not found in her CDP account.


Individual stock is not likely that can be bought with installment payment.

[peanut_butter]

Thanks everyone,

I just found the page under: http://www.posb.com.sg/personal/investments/invest-saver/faq-important-notice/default.page
for my answer.

[Johnny2552]

I didn't know that you can buy stocks with ATM until recently. I have seen the new ATM that my bank installed and it looked much better than the ones before. It is some kind of new advanced model, you can https://atmpartmart.com/machines about it if you want. I have seen the option to buy stocks on it and I did it for fun. It didn't cost me much and I was lucky because the value of my stock has risen since then. I love doing this on the ATM, only people hate waiting for me while I finish doing it.