STI ETF

[sinkiepwnu]

Thinking of whacking some spare cash into an STI ETF. Dk if I should put inside Nikko AM or SPDR. Can any gurus guide me?

My rationale for using ETF rather than picking blue chips is that ETF alr auto diversify for you. Is it logical to say that ETF are safer than individual stock picking? Thanks!

 

[Perisher]

Thinking of whacking some spare cash into an STI ETF. Dk if I should put inside Nikko AM or SPDR. Can any gurus guide me?

My rationale for using ETF rather than picking blue chips is that ETF alr auto diversify for you. Is it logical to say that ETF are safer than individual stock picking? Thanks!

I can say yes, it's safer than any single stock because it will never go to zero unless there is no more than 30 listed company in sgx left.

As for which to pick, supposedly you need to look at the fees they charged but it's quite close. Another thing to consider is use what to buy, custodian like SCB or CDP or those Investsaver program.

Another thing is, e.g. ES3
https://sg.finance.yahoo.com/echarts?s=ES3.SI#symbol=ES3.SI;range=1d
I would choose to enter around $2.85. Because it has bounced back up from about 2.85 several times in the last 3 month so it acts as a support level.
But then some will advise against timing stocks. Since it's for the long term, the difference won't be huge unless you bought big.

my2cent.

 

[sinkiepwnu]

I can say yes, it's safer than any single stock because it will never go to zero unless there is no more than 30 listed company in sgx left.

As for which to pick, supposedly you need to look at the fees they charged but it's quite close. Another thing to consider is use what to buy, custodian like SCB or CDP or those Investsaver program.

Another thing is, e.g. ES3
https://sg.finance.yahoo.com/echarts?s=ES3.SI#symbol=ES3.SI;range=1d
I would choose to enter around $2.85. Because it has bounced back up from about 2.85 several times in the last 3 month so it acts as a support level.
But then some will advise against timing stocks. Since it's for the long term, the difference won't be huge unless you bought big.

my2cent.

Hmm okay thanks for your input. But everyone's talking about an oncoming recession, was just wondering if now is really the right time to enter since there is a possibility that the support might be breached.

No doubt the differences would be very little in the long term since I plan to use a buy and hold strategy, even a few cents counts when multiplied hehe.

 

[Perisher]

Hmm okay thanks for your input. But everyone's talking about an oncoming recession, was just wondering if now is really the right time to enter since there is a possibility that the support might be breached.

No doubt the differences would be very little in the long term since I plan to use a buy and hold strategy, even a few cents counts when multiplied hehe.

Hard to time it. If oil recovers, sg economy might rise along too. All I'm saying is I would buy at support level for that bit of extra margin of safety. Only you can decide what's the most comfortable price for yourself.

 

[limster]

Another thing is, e.g. ES3
https://sg.finance.yahoo.com/echarts?s=ES3.SI#symbol=ES3.SI;range=1d
I would choose to enter around $2.85. Because it has bounced back up from about 2.85 several times in the last 3 month so it acts as a support level.
But then some will advise against timing stocks. Since it's for the long term, the difference won't be huge unless you bought big.

I bought STI ETF at $2.85 on 17 October as it seemed to be a fair price for regular accumulation.

If it goes back to $2.85, will you be able to buy, or will you say "wait for $2.80". If it never goes back to $2.85, then whats your plan?