I ditched STI ETF more than 3 years ago and put all that money into all the large SG REITs. Have been very happy since. I really don't understand why people want to invest in STI ETF.
I am totally clueless about this and from the blogs I have read, seems like it is the most popular/recommended way of investing, and low cost too.. I have not read about REITs and the likes hence..
Cheapest way to do it is probably through either FSMOne RSP(0.08% min.$1) or POSB/DBS InvestSaver (0.82%).
Thanks, I have read about this and posb/dbs invest saver can buy G3B, correct? still considering between this and FSMone, seems like FSMone is the cheaper and better way.
For sti etf, i dun tink it is a good idea to dump $10k in as a starter. Consider $5k lump sum @ $2.50 to have a feel of it 1st.
Since u r also thinking of investing $500 mthly, u should use fsmone rsp. It is the cheapest rsp broker which also allows self trading.
As for the remaining $5k, u can decide to dump in when sti drops further and u still comfy with this investment, or put into a better investment.
Ssb is terrible for now because its int is less than fd alrdy.
Yes, I have noticed the interest rate for the SSB in recent months has been declining, jun20 bond full 10 year is only at 1.78%.. will avoid for now and see how things goes in months to come.
in addition to the lump sum, yes i intend to invest some money monthly as well.. btw, are there any differences in investing quarterly or semi annually in compared to monthly? also I read that FSMone is a custodian, meaning the stocks I have is under a "trust", correct? what use is my CDP account if I decide to open a custodian account then? is it more risky?
Thanks everyone for the replies! I will read up as much as I can