STI ETF
- Thread starter digitalguy
- Start date
I think you have to buy it through a broker which is linked to your SRS account. Then select SRS as the mode of payment. I have bought using SRS account for STI etf
yep.. use iFast/ fsmone Trading App u should find it (assuming u have linked your srs account with them)
fyi they are also the cheapest for SRS trade $8.80 flat. only downside is they only allow SGD settlement. Hopefully they offer UsD like other brokers soon.
lol yea.. interest rates is rising.. all banks will make good profit over next few years from their loans.back to 3400 ,,,
Looks like TraHK etf is changing hands. I think our STI etf is also managed by SSGA, hopefully we continue to remain cordial with the US and don't end up like this.
https://www.scmp.com/business/artic...tual_scroll_0&pgtype=article&campaign=3172019
https://www.scmp.com/business/artic...tual_scroll_0&pgtype=article&campaign=3172019
yea.. probably SSGA will focus more on Singapore for their Asia business after this episode
the war has not much of an impact @ all on stks, dont u agree?
https://www.zaobao.com.sg/finance/s...D7NqZubWWeDItuLI3ODqFntJjP84I4DIzR0mNvoObe_Vg
hitting new high? https://www.theedgesingapore.com/capital/right-timing/sti-may-attempt-breakout-test-new-2022-high
https://www.zaobao.com.sg/finance/s...D7NqZubWWeDItuLI3ODqFntJjP84I4DIzR0mNvoObe_Vg
hitting new high? https://www.theedgesingapore.com/capital/right-timing/sti-may-attempt-breakout-test-new-2022-high
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Think it should do ok in inflationary and rates hike environment.
Reits generally do well at inflationary environment while banks do well as interest rates are rising.
both sectors are heavily represented in the index
Reits generally do well at inflationary environment while banks do well as interest rates are rising.
both sectors are heavily represented in the index
but why the bank stock price down so much since rate is going to go up more
stk mkts are NEVER rational!
and if we could just plainly based on Tech analysis or using a crystal ball to predict/time the mkt : then there are no Risk at all (cos can easily just use Predictive analysis on it)
Which bk u aiming for ? or u ref to overseas ones
Why didnt discuss it in here: https://forums.hardwarezone.com.sg/...nd-uob-part-2.5892846/page-243#post-140980679
i guessed it was overly too hyped up for the past few weeks/days or so
Yangtzej too esp when all heard that analysts gave thumbs up for that
and if we could just plainly based on Tech analysis or using a crystal ball to predict/time the mkt : then there are no Risk at all (cos can easily just use Predictive analysis on it)
Which bk u aiming for ? or u ref to overseas ones
Why didnt discuss it in here: https://forums.hardwarezone.com.sg/...nd-uob-part-2.5892846/page-243#post-140980679
i guessed it was overly too hyped up for the past few weeks/days or so
Yangtzej too esp when all heard that analysts gave thumbs up for that
STI retreats from resistance, looks set to consolidate further
https://www.theedgesingapore.com/ca...eats-resistance-looks-set-consolidate-further
apriliasiao
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When the world is rocking, STI is flat. that's why it is a very good shock absorber. Like Ohlins.
Yes. I have sold STI ETF.
Even if it can go higher, it is only about a few percent. The price action of STI index lags the US indices by a few months, so it is likely to go down instead.
Plenty of downside risks, starting with US & EU rolling into recession and reducing demand for Singapore exports. Wait till H1 2023 to see the full blown effects of US Fed rate hikes and quantitative tightening spread chaos into the whole US-EU & allies (that includes Singapore) that boycott Russian commodities. China is not going to save Singapore because the CCP is committed to property deleveraging.
Stay away from STI ETF, all the banks and property developers this whole year.
In case you're wondering, Singapore's economy was also boosted by the jump in property sector related loans from 2020 to 2021. Govt stimulus enabled local jobs to continue, thus enabling more property loans to be taken for speculation/investment! Its effect is already priced into the stock market. Further debt growth requires higher real wage & population growth, which unfortunately is challenged by higher energy/food/commodity prices and tightening of foreign immigration rules.
https://tradingeconomics.com/singapore/loans-to-private-sector
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