No; G3B is your best bet.
OK, here's the thing: there is literally no risk of losing your entire $350. Because the ETF owns every stock in the STI, that means every stock in the STI would have to go bankrupt for you to lose all your money.
The returns are harder to define. The rule of thumb is that stocks average about 7% per year, but the volatility is large - anywhere between -10% and +20% is a "normal year" for stocks. Last year's massive 30% run-up in the S&P 500 was only slightly outside the "normal" range.
This is why you should be buying and holding stocks for the LONG term - preferably all the way until you retire. If you need the money in less than five years, you should park it in bonds, or in the bank.
There are other brokers - DBS Vickers, Poems, Saxo Markets, UOBKH, OCBC Securities, blah blah blah - but all of them are worse than Standard Chartered in one way or another. Higher costs; hidden fees; worse product offerings. Basically, don't bother. Just use Stanchart.
(The exception is Interactive Brokers, which is better than Stanchart, but it's famously user-unfriendly so it's not good for beginners.)
I don't have a good answer to this one. Anyone know if there's an "SGX For Dummies" or something like that?
I live in the wild wild west; a state that's untouchable like Eliot Ness. Turn your speakers up to 11 and hit play:
(Sorry
Katy Perry and
David Lee Roth fans, but
California Love is the best song ever about California.)
