Careyourpresent

Living a regret-free fulfilling life daily regardless of circumstances

Menu
  • About me
  • Careyourpresent
  • Investment and Finance
  • Side Hustle
  • Cryptocurrency
  • Referrals and Ebooks
  • Contact Me
  • Disclaimer and Privacy
Menu
Header image

$0 Free of Charge Transfer of SGX Shares from FSM to CDP and updates!

Posted on August 29, 2023September 27, 2023 by careyourpresent

On 19 July 2023, I have shared in detail via this article (Cheapest and best way to trade Singapore Stocks with CDP) on how I did the transfer of my shares in FSM to CDP. I am old school and I love CDP very much and wanted to buy SGX shares using the lowest cost possible. There are only two options available in the market now – DBS Vickers Cash upfront and FSMone. But I can’t use DBS Vickers Cash upfront because I am using Joint CDP account as per of my estate planning. (read: Simplified Guide to the Key Gist of Grant of Probate and Estate Planning).

I love FSM as one of my favourite brokers! Why so?

As shared in that article, I used FSM to buy because I can put my spare investment funds earning 3.1% in FSM Autosweep while waiting for sales in the market. Commissions to buy sgx shares for value of $10+ is only around $12-$14 and I can transfer the shares to CDP for free.

As a summary of what has happened in the last transfer!

On 17 Jun, I have sent in request to FSM to request the transfer of three shares – Boustead, MIT and Areit from FSM to CDP. The transfer is done on 21 June 2.41pm with the shares minus from my FSMone account and credited to CDP account.

New Transfer today on 28 Aug 2023

Although Dividend Investing is Dangerous, I didn’t heed that advice. Instead, I have taken advantages of the recent volatility in the market to accumulate some shares and initiated the transfer of SGX shares from FSM to CDP on 28 Aug 2023. Let me share the screenshots and processes again for those who wish to find out more.

Let me share more about the Transfer Process

Step 1: Fill up the transfer Form

To transfer out your stocks/ETFs to CDP, please complete FSMOne Security Transfer-In/Out Instruction (Cash) and send it to us via email.

Sorry, FSMone replied me and informed me that there is an updated form with effect from 1 Aug 2023. Please go to the new link below.

You may download the new transfer form from our website at Support > Form/download > Stock, ETFs, Bonds Transfer in/out of FSMOne(Cash Holding)> SECURITIES TRANSFER FORM (CASH ONLY) . 

https://secure.fundsupermart.com/fsm/advice-services/faq/2195/

How to fill the form:

There are some parts of the forms which I don’t know how to fill until I went to ask FSMone customer service. Since I have the information now, let me share it. See the screenshots below.

Updated 29 Aug 1.55pm with screenshots of new form
Updated 29 Aug 1.55pm with screenshots of new form

This part of the form quite easy and just fill accordingly.

Step 2: Download your latest statement of Holdings in FSMone

Download and attach a copy of the latest statement of holdings (dated within 3 months) with this transfer form and follow step 3.

Step 3: Send to FSM and wait!

Email your transfer form (step 1) and latest statement (step 2) to [email protected].

After that just wait for the acknowledgement and the transfer to take places.

I have done the transfer at least 6 times, so far all of them took within a week with only 1 time that took about a month. That’s why FSMone normally will tell you take 1-2 weeks but usually it’s faster than that.

Waiting Time Now

I have completed the 3 Steps on 28 Aug 2023 and sent out the email to FSM on 11.24 AM on 28 Aug 2023.

Updated: They replied me at the night time of 28 Aug 2023 and informed me that there is an update to the new form and asked me to submit the new form instead.

Let’s see how long this time will take 🙂

For those who have noticed, I have not been sharing my buys/sells via Twitter…

For those who have noticed, I have not been sharing my buys/sells via Twitter REALTIME…

My original intention is to be transparent and also perhaps set it as a form of record for my own reference (future kids reference when they grow up). However, after a while, I am thinking perhaps it is better not to share and it may consciously and subconsciously, influence other people to follow the buy/sell?

Should I continue to share? maybe but not realtime.

Anyway, now the trades are done quite a while ago, perhaps I can share that recently,

  • I have bought CapitaLand China Trust (hit Covid low and lots of fear, why not?)
  • I have bought Mapletree Logistics Trust
  • I have bought CKI listed in Hong Kong at 39.1 (going to xD, more dividends coming and 6.5% yield, why not?)
  • I have bought Mapletree Industria Trust at $1.17 and sold at $1.25 because I feel that risk and volatility will be high in Sep 2023 for US side. MIT 50% is Data Centres in US.

Currently I am holding to 53% cash. Now is good time for investor to wait since waiting cash can earn 3%~4% yield. So why not wait for good chance to enter.

Good articles that you should read!

People are drawn to dividend investing.

Why? Firstly, dividends provide a regular stream of income, allowing investors to receive a portion of the company’s profits on a periodic basis. This can be particularly attractive for individuals seeking consistent cash flow or looking to supplement their existing income. Additionally, dividend investing is often viewed as a more stable and predictable investment strategy compared to relying solely on capital appreciation.

I always write and share articles, especially on dividends which many people love them. Do read them!

  • Simplified Guide to the Key Gist of Grant of Probate and Estate Planning
  • Cheapest and best way to trade Singapore Stocks with CDP
  • Mastering Dividend Investing: 5 Evergreen Investment Principles
  • Unlock Lucrative Returns with IAPD: A High-Yield ETF Providing 7% Annual Yield and Quarterly Payouts
  • Unlock Lucrative Returns with SDIV: A High-Yield ETF Providing 11% Annual Yield and Monthly Payouts
  • If I am a dividend investor, this is what I would do….
  • 7 Things to consider before buy a dividend stock
  • 4 Dividend ETFs that can let you sleep well even in the scary bear market
  • 5 Best Counters for Passive Dividend Investing
  • The Three MOST Important Traits of an Investor
  • What is the best investment strategy in the world?
  • Ultimate Strategy of buying REITS: XXX instead of X000?
  • Ultimate Free 2 Days Reit MasterClass: Exclusive at Careyourpresent.com only!

Alternatively, you can go the right side of my page, there is a search bar where you can simply search “dividend” to see all my articles related to dividends!

Of course, you can search for other things that would interest you such as “Careyourpresent”, “Reits”, “Side Hustles”, “Fixed Incomes”, “Savings” etc.

CAREYOURPRESENT

Money just buy you the chance of freedom.

When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed while busying striking out in career. Of course, if you love your career, and consciously know that you are missing out the first time your child walk or talk, that’s ok, but if you are the other spectrum, please do something about it.

Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?

We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.

We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.

I have picked out some of the more life reflecting articles of the CAREYOURPRESENT series. Do read them:

  • The Best Advice to Parents and Child
  • What if Later never come?
  • What will you bring with you on your last day on Earth?
  • Time is the ultimate currency, not money
  • Our Life only have 5 short Days – we should live the best for every day
  • Truly understand Living in the Moment now
  • 11 Important Unexpected Life and Money lessons to learn from Your Children
  • The days are long but the years are short
  • Ditch your mobile phone to build real life
  • Careyourpresent: Time is the most important
  • Careyourpresent: What is your purpose of life?
  • Careyourpresent : Greatest Regrets in life
  • Careyourpresent : You might not believe it. It’s little unexpected things that make up a real life
  • Careyourpresent: Something only happen once in life, if you missed it, it’s gone forever…
  • Careyourpresent : Why is Gold useful?
  • Careyourpresent: Frozen. Let it go!

You can read more about my articles on Careyourpresent via the Category “Careyourpresent” or simply click “Careyourpresent” via the main menu bar.

REMEMBER:

Love your life daily.

You have one less day with your spouse, parents, children and yourself.

Time is ticking away.

For each passing day,

Enjoy and Treasure your Life!

For those who are interested in regular updates of my articles, please join the others to sign up for my free newsletter to has my newest blogposts sent to your mailbox for free!

For real time exclusive updates on market news/life (especially Crypto markets where the news move fast, important news will be shared directly via tweets or telegrams), do also join the platforms below and engage with other like-minded people!

  • Telegram Group (Chat with me and other like minded people!)
  • Telegram Channel (Get the latest updates on the markets/life!)
  • Twitter
  • Facebook
  • RSS Feed

You may also contact me via [email protected].

If you’re looking referral codes, do check out my referral and ebook page. Give it a try and who knows? You might end up loving these platforms! To be absolutely fair to all the readers, I am definitely using all these companies and they are useful to me! Likely will be useful to you too!

At the same referral and ebook page, you can also download my free ebooks and other free resources.

For quick references to these resources, you can see below.

  • Ebooks and other useful resources on enhancing productivity (Investment, Excel, Notion etc). Currently most of it are free at this moment (subject to change).
  • WeBull: A powerful brokerage with nice free welcome gift. You can refer to my guide here on how to signup! 4 Simple step only! Click here to register a new account!
  • MoneyOwl: You can use this 6SHU-93MC to get free grab vouchers and highly safe liquid cash fund account.
  • Trust Bank – You will enjoy free FairPrice E-Voucher referral if you sign up via my referral code KNDBPEPT. Simply download the Trust Bank SG App on the App Store or Google Play Store. Tap on “Use referral code” immediately after you start the app and key in: KNDBPEPT
  • FSMOne: P0413007. Good account to keep liquid cash in autosweep and to purchase investment at low fee.
  • Hostinger: You can use this link for hosting your new website. 20% off hosting!
  • Crypto.com: Use my referral link https://crypto.com/app/h92xdfarkq to sign up for Crypto.com and we both get $25 USD 🙂

Share this:

  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X

Like this:

Like Loading...
Category: Investment and Finance

1 thought on “$0 Free of Charge Transfer of SGX Shares from FSM to CDP and updates!”

  1. Pingback: $0 Free of Charge Transfer of SGX Shares from FSM to CDP and updates! – Done in less than 3 days!

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Sign up now to receive exclusive update from this site

loader

Email Address*

Buy me coffee to keep my site going with good articles. :)

Archives

  • June 2025 (1)
  • May 2025 (6)
  • March 2025 (3)
  • February 2025 (4)
  • January 2025 (4)
  • December 2024 (1)
  • September 2024 (3)
  • July 2024 (2)
  • June 2024 (1)
  • May 2024 (2)
  • April 2024 (6)
  • March 2024 (2)
  • February 2024 (3)
  • January 2024 (3)
  • December 2023 (9)
  • November 2023 (8)
  • October 2023 (7)
  • September 2023 (12)
  • August 2023 (10)
  • July 2023 (8)
  • June 2023 (9)
  • May 2023 (16)
  • April 2023 (12)
  • March 2023 (15)
  • February 2023 (12)
  • January 2023 (13)
  • December 2022 (23)
  • November 2022 (12)
  • October 2022 (10)
  • September 2022 (17)
  • August 2022 (7)
  • July 2022 (10)
  • June 2022 (5)
  • May 2022 (8)
  • April 2022 (11)
  • YouTube Channel
  • Telegram Group (Chat with me and other like minded people!)
  • Telegram Channel (Get the latest updates on the markets/life!)
  • Twitter
  • Facebook
  • RSS Feed

Airdrops Careyourpresent Crypto def DeFi Dividends Dividends; F.I.R.E Estate Planning F.I.R.E Fixed Income Investment NFT Portfolio Reits Saving Account Side Hustle SSB

I have also created Free ebooks to supercharge your investment and improve your productivity. You can download most for free or at small cost for some of them. Click here to find out!

Blogroll

  • Sginvestbloggers
  • The Finance SG
© 2025 Careyourpresent | Powered by Minimalist Blog WordPress Theme
%d