STI ETF

[crystalnox]

But STI is at its peak now

Peaks are meant to be surpassed.

 

[TehSi99]

But STI is at its peak now

That is why Aug is a bad month. It has to peak first. I am expecting it to peak somewhere next week, then starts to go down and close red for the month.

DYDD !!

 

[Mr. Wood]

https://www.cnbc.com/2022/08/04/singapores-largest-bank-dbs-reports-q2-earnings.htmlAUG 4 2022

• DBS Group CEO Piyush Gupta said the bank’s wealth management and capital markets businesses continue to see “headwinds,” despite the bank reporting robust second-quarter earnings.
• “Business momentum is a bit mixed. Our corporate lending activities are actually doing quite well. And so the balance sheets continue to grow,” Gupta told CNBC’s “Capital Connection” following the release of the bank’s results Thursday.
• “Private banking customers have been reluctant to put money to work, that obviously is a challenge. The headwinds on wealth management and capital markets mean that the overall fee incomes … are down year-on-year,” he added.

 

[stanlawj]

Loans growth decelerating: Property loans peaking now.
https://tradingeconomics.com/singapore/loans-to-private-sector
Check 2015 and 2018.... the loans growth deceleration and the STI downtrend correlation. Singapore is basically one giant property-debt fueled growth.

And the carbon tax forced out one of the most profitable business segment in Singapore: oil refining, and forced higher costs on all of us.

 

[elvintay07]

This is why I don’t hold SG long term.

STI is like a ****. Just do one night stand and F off

 

[churnmaster]

The index is up more than 200 pts (appro. 7%) since mid Jun and has been one of the best performers YTD.

Ultimately, everything boils down to timing your entry and exit.

 

[d5dude]

The index is up more than 200 pts (appro. 7%) since mid Jun and has been one of the best performers YTD.

Ultimately, everything boils down to timing your entry and exit.

Good 2022 performance but this is scant consolation for long term investors, its still barely above its pre-covid highs and its one of the worst performers in the world on a 10, 20, 30 or 40 year time frame.

 

[starbugs]

There will always be detractors. At the time that I was dumping all my CPF OA into STI at 25xx in 2020, there were detractors against the STI in this very thread.

 

[limster]

There will always be detractors. At the time that I was dumping all my CPF OA into STI at 25xx in 2020, there were detractors against the STI in this very thread.

One of my investing 'weaknesses' was a reluctance to buy more if the price is more than my average price, so during the last GFC, I didn't continue buying as as the STI rose toward 3,000

This time, I'm looking at making money and not just keeping my average price down. So when 3,000 looked likely, I started buying more in the 2.80-2.85 region even though it caused my average buying price to go up... because as long as less than $3, its still a profit!

Of course, now that its more than $3, I've stopped buying. In 2020, I picked up 27.3k of ES3. Could have bought more, but decided to deploy to foreign ETFs instead.

if you buy $100k at $2.89, its still better than the guy who only buy 3,000 shares at $2.70. since he was using CPF, he should have gone all in!

100% agree. Anyway, this forum has a good quote post function so its easy to pull up my earlier posts!

Good to see that I added 27,300 STI ETF to my portfolio in 2020 but as I mentioned, I also bought foreign ETFs for diversification.

 

[1l92041H]

not bad, XD drop less than payout for now

typically after XD this etf will drop and drop and drop, will history repeat itself?

 

[demoforce1]

not bad, XD drop less than payout for now

typically after XD this etf will drop and drop and drop, will history repeat itself?

drop a bit, but still good

 

[TehSi99]

STI starting its decline....

 

[dappermen]

nothing new leh!

 

[TehSi99]

nothing new leh!

I am referring from now till almost end of August.

 

[xsoldix]

Today ES3 payment date.

 

[xXxJavierxXx]

Dividend in! 4.3% p.a Valhalla or bust!

 

[stanlawj]

Waiting for $3 support break in 2023.

 

[Kojo0403]

Waiting for $3 support break in 2023.

yea same here. start adding when it goes below 3.00

 

[weng0202]

Looks like this coming week got chance to start buying again.

 

[Orobas]

thinking of buying in STI again

with HK going down and lots of wealthy chinese coming to sg, we should expect to see more wealth coming in sg property and stock market right?