STI ETF

[walamak88]

If you got it below 3k just keep lah. You won't know how low it will go anyway.

I am doing monthly DCA, my avg price is above 3k. Just hack care and continue DCA? Just that seeing minus few k on paper now is not comforting haha

 

[dnsfpl]

The STI ETF tracks the STI index and buys the 30 stocks making up the index. So when the individual stocks give out dividends, you will also received them from the ETF.

thanks will start buying bit by bit

 

[culepico]

Very curious why people still sticking to DCA when it's on a downward trend for a good month. Sure it's going to rise back in the future but at the moment you are buying something that you know will continue to drop. Doesn't it hurt when you know it's gonna drop but you still keep buying? You might as well buy when it is starting to go on an upward trend consistently again.

Of course you may argue how do you know if it will continue to go down and not up tomorrow? Well if you say that then you must have been bluffing yourself for the past month and continue to buy your losses.

 

[wutawa]

That is hardcore dca mah. Just buy n buy no matter what happen what price. They put in bank acct also may not earn much.

 

[d9_lives]

Very curious why people still sticking to DCA when it's on a downward trend for a good month. Sure it's going to rise back in the future but at the moment you are buying something that you know will continue to drop. Doesn't it hurt when you know it's gonna drop but you still keep buying? You might as well buy when it is starting to go on an upward trend consistently again.

Of course you may argue how do you know if it will continue to go down and not up tomorrow? Well if you say that then you must have been bluffing yourself for the past month and continue to buy your losses.

I know that I don't know and I buy when I've the money.
It's so much easier to make purchase now than in the beg. of this year.

 

[weng0202]

I am doing monthly DCA, my avg price is above 3k. Just hack care and continue DCA? Just that seeing minus few k on paper now is not comforting haha

Think long term lor. Or average down when the prices are good. Below 2.5k would a great price to start buying. Don't know whether this time can break 2k or not.

 

[weng0202]

Very curious why people still sticking to DCA when it's on a downward trend for a good month. Sure it's going to rise back in the future but at the moment you are buying something that you know will continue to drop. Doesn't it hurt when you know it's gonna drop but you still keep buying? You might as well buy when it is starting to go on an upward trend consistently again.

Of course you may argue how do you know if it will continue to go down and not up tomorrow? Well if you say that then you must have been bluffing yourself for the past month and continue to buy your losses.

Simple reason is no one knows when is the bottom, so just buy a bit first. Anyway your ave price will be lower as you collect on the way down.

 

[havetheveryfun]

Very curious why people still sticking to DCA when it's on a downward trend for a good month. Sure it's going to rise back in the future but at the moment you are buying something that you know will continue to drop. Doesn't it hurt when you know it's gonna drop but you still keep buying? You might as well buy when it is starting to go on an upward trend consistently again.

Of course you may argue how do you know if it will continue to go down and not up tomorrow? Well if you say that then you must have been bluffing yourself for the past month and continue to buy your losses.

one could also say if u start buying on the uptrend, how do u know it will continue to go up and not just a bounce ?

 

[pcmdan]

one could also say if u start buying on the uptrend, how do u know it will continue to go up and not just a bounce ?

Totally agree.. everyone also know how to say uptrend. But who can give definite answer that it is an uptrend..

My style is buy if u think the dividend yield or price is at a fair value u willing to pay for the company. Regardless whether it drop or not.. if it drops means more discount u should buy more.

Dont hit everything with one bullet. Stagger your resources to fight 10 battles

 

[K|muRa^84]

Because DCA works better in falling than rising markets

Very curious why people still sticking to DCA when it's on a downward trend for a good month. Sure it's going to rise back in the future but at the moment you are buying something that you know will continue to drop. Doesn't it hurt when you know it's gonna drop but you still keep buying? You might as well buy when it is starting to go on an upward trend consistently again.

Of course you may argue how do you know if it will continue to go down and not up tomorrow? Well if you say that then you must have been bluffing yourself for the past month and continue to buy your losses.

 

[roflolmao]

I'm buying more, bought at 3.2 and still buying now

Buy no scared, scared no buy
Be greedy when others are fearful
Time in the market, beats timing the market
Dollar cost averaging
Fundamentals have not changed
Long term, Dow Jones and s&p always increase
Every second you are not in the market, you are losing via opportunity cost

 

[pcmdan]

I'm buying more, bought at 3.2 and still buying now

Buy no scared, scared no buy
Be greedy when others are fearful
Time in the market, beats timing the market
Dollar cost averaging
Fundamentals have not changed
Long term, Dow Jones and s&p always increase
Every second you are not in the market, you are losing via opportunity cost

Your ammo huge haha

 

[SkyNinja]

If your DCA is $300 per month, might as well do it $600 every 6 weeks?

 

[SkyNinja]

Last Friday queued at 2.52 but never got it. This Friday maybe can get at 2.3 liao??

Next week maybe 2.2

 

[pcmdan]

Next week maybe 2.2

Hahaha I dont mind if it goes below 2$

 

[pytha6ora$]

Have entered 10k shares into sti etf @ average $2.90 per unit.

Will be continuing to buy on any dips now.

All-in price for me should be around $2.50-$2 60.

Prepare to load up to 60k shares for es3.

2.50 has arrived!

 

[_dXter]

My ammo is limited, so around $2.200 then go in.

 

[mycashewhouse]

I bought at 2.53. Nxt lvl will be 2 dollars where i will put even more

 

[culepico]

one could also say if u start buying on the uptrend, how do u know it will continue to go up and not just a bounce ?

If you are a hardcore DCA believer and pump in money regularly blindly, of course you will not know whether a downtrend or uptrend is temporary or for long. Or rather, you choose not to know.

My take is you can gain more by putting a little bit of effort to read up on current news and the market movements, and be flexible with your DCA. It will not be 100% but you can skew it 60:40 or 70:30 in your favour. For example right now it might be 70:30 to drop in the weeks or months to come, and you can adjust your DCA to minimize the loss. Ask yourself how much have you lost over the past month (and probably will continue in the weeks to come) by stubbornly DCA?

DCA is good on most days but during volatile periods, it is better to be prudent than to be stubborn?

 

[JJJ010101]

$2.49 fulfilled. Next stop!