STI ETF

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pcmdan

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IamLucy said:
Yeah ... I also worry sti will never go back to former glory ... good that you had a buffer of reduced earnings in ...

A pity that things like global index and US already recovered so much ... left this sti here ...
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Never go back to former glory hahaha.... want to bet? 10year horizon. Lets bet if it goes back above 3k haha

Don't be too short sighted.
US is US. SG is SG. Dont keep comparing SG with US. US has many tech companies, sg doesn't. Different classes will take different time to recover.

Surprise people expect value companies to perform as growth companies..
 
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pcmdan

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gnoes85 said:
Got frens also diehard sg index only, don't understand.
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Warren buffet said before, only invest in things you are familiar and comfortable with.

If u dont understand overseas market why invest? Just buy because people say is good?
 
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light84

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pcmdan said:
Never go back to former glory hahaha.... want to bet? 10year horizon. Lets bet if it goes back above 3k haha

Don't be too short sighted.
US is US. SG is SG. Dont keep comparing SG with US. US has many tech companies, sg doesn't. Different classes will take different time to recover.

Surprise people expect value companies to perform as growth companies..
Click to expand...

You sound like this time is different ... Sounds familiar?
 
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yumsang

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why comment on STI related thread if see STI no up?
is it no confident in ownself investment?
need to step on others so can self comfort? :s13:
 
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Slowdown

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STI ETF is not a company specific stock. A company can go bankrupt but STI won't. STI simply remove that company from the index and put another company on it. So not being to go back to former glory is highly unlikely. Exceeding it's former high is EXPECTED. Question is WHEN. So the issue plaguing us is not WHAT not IF not HOW but WHEN.

If we have a longer time horizon then there is more chance for we to profit from the investment. The timing of our entry and exit is the question. I am confident that STI will go back to 3200 (my avg price range). I have increased my monthly RSP to $1K since May 2020. I will continue to do that until STI pass 3000. Then I have to make a call if I want to reduce my RSP back to my original amount ($500). I choose to RSP because I do not want to be emotional blinded by my own decision making.

If I lose confidence with STI it means I lose confidence with my country. At this moment I am still confident about my country.

IamLucy said:
Yeah ... I also worry sti will never go back to former glory ... good that you had a buffer of reduced earnings in ...
Click to expand...
 
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gasband

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Yes investing in STI ETF is for the long haul. Again, for myself, to eliminate the effect of timing, I choose to do it on a monthly basis with POEMS. I had been investing in STI ETF for more than 10 years and have divested twice when the prices went low and brought my costs down and when it rises again, I sold off. But this takes time so for those who are in for quick gains, maybe it is not for you. It might happen, but the chance is that STI ETF for most of time, is going to be a slow rising stock....over time. The dividends are average with 3-4% or more depending on your costs. I have no expert opinion but my feeling is that STI will go back to normal levels again, it might a year or two, or even longer, but it will, so to me, accumulating this stock now at this low cost monthly is good for me. But again, understand why you are investing in each counter before triggering.
 
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yumsang

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those said sti going to die are themselves in trouble? need quick money? :s8:
like if whole sg will keep doing nothing waiting to rot?
are they detached from the society?
wonder why they have such thinking ... =:p
 
reddevil0728

reddevil0728

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yumsang said:
those said sti going to die are themselves in trouble? need quick money? :s8:
like if whole sg will keep doing nothing waiting to rot?
are they detached from the society?
wonder why they have such thinking ... =:p
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yep. people don't realised that if STI is dead, the whole sg is as good as dead, i.e. they are jinxing themselves to be retrenched?

Some people will argue that they don't work for the 30 companies in the index, but some MNC. But they don't realise why are the MNCs here in the first place? Will the MNCs really still remain here if the 30 biggest SG companies are dead which translates to massive unemployment? I really doubt.
 
platee

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reddevil0728 said:
yep. people don't realised that if STI is dead, the whole sg is as good as dead, i.e. they are jinxing themselves to be retrenched?

Some people will argue that they don't work for the 30 companies in the index, but some MNC. But they don't realise why are the MNCs here in the first place? Will the MNCs really still remain here if the 30 biggest SG companies are dead which translates to massive unemployment? I really doubt.
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SG as a country is like a shell company. One day it will collapse
 
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