I stayed in Indonesia (Batam) for 33 days to renew my staying permit
Since I was there I go and open an account with Philips Security
Now then I know this company is from Singapore.
Since I hold a staying permit, I have decided to try to invest in the IDX market.
Since inception, there market has price return around 8 percent
Or 13 percent factoring in dividends
Downside is the IDR dropped drastically against the SGD lowering the total returns.
The stock ticker I'm referring to is IDX30 which is similar to S&P 500 (US) or STI ETF (SG)
They are the top 30 best Indonesia stocks.
What is you all opinion on this emerging market strategy?...
I am thinking just to put in 10 Million IDR per month or maybe more..