STI ETF

[simon_84]

Average 2.72 looks ok. You can sell partial if need to reposition. REITS also have good ones and bad ones. Must buy at correct pricing

second this.
better to look for reits with strong sponsor or parent company.

 

[IndianChief]

Sold all my useless sti etf this afternoon

Good riddance

 

[MangoTuna65]

Sold all my useless sti etf this afternoon

Good riddance

No wonder it turned downwards? HEHEHE

 

[apriliasiao]

what they want is multibagger
like toto bet $1 at least get $30

Hard to spot multi baggers early. Example, Everyone chasing Telsa now but when it is hovering up & down 100-200+ a few yrs back, alot don't have guts to buy in big..

To have a consistent flow of multibaggers, it takes years of holding after carefully choosing good companies to invest in and a lot of grit to sit through downturns. GME type of stocks are one-offs and can't be considered a multi bagger in that sense.

The idea here is which stock market throws up the most opportunities to spot potential multi baggers

This is W.Buffett type of investing. Buy and Hold. Most investors, i believe don't have the patient to wait for more than 10 yrs. Usually multi baggers don't pay out dividend. Google, BKR, FB.

 

[IndianChief]

No wonder it turned downwards? HEHEHE

Always a good feeling when the price nosedives after selling

 

[MangoTuna65]

I know alot of people disagree with me over here at HWZ, but GME is exactly what I see as a multiyear multibagger.

I like to bring up the history when Steve Jobs rejoined apple in 1997. At that time AAPL was $0.20 after accounting for all the share splits. Windows PC was the hot thing then, few people, if any, would think that apple could survive, or grow to the most valuable listed company in the world it is today. A lot of people will say I am a fool and a WSB agent or whatever, but I think, when the goods are odd, the odds are good.

But yea, back to STI, when will you crawl out of your lost decade?

Hard to spot multi baggers early. Example, Everyone chasing Telsa now but when it is hovering up & down 100-200+ a few yrs back, alot don't have guts to buy in big..





This is W.Buffett type of investing. Buy and Hold. Most investors, i believe don't have the patient to wait for more than 10 yrs. Usually multi baggers don't pay out dividend. Google, BKR, FB.

 

[MangoTuna65]

Always a good feeling when the price nosedives after selling

Time in the market > timing the market ...

Oh wait ...

 

[IndianChief]

Time in the market > timing the market ...

Oh wait ...

Agree with time in the market. But the market must be something decent. not rubbish STI. Look at the difference in 5 year returns between STI ETF & S&P 500 ETF.

rest my case

 

[apriliasiao]

But yea, back to STI, when will you crawl out of your lost decade?

STI time will come.

Most ppl dun remember US lost decade during '00 to '12... S&P500 returns was a big fat ZERO. Would anyone it is a rubbish index now? Only chiong after Bernanke started QE and drop interests..

 

[IndianChief]

STI time will come.

Most ppl dun remember US lost decade during '00 to '12... S&P500 returns was a big fat ZERO. Would anyone it is a rubbish index now? Only chiong after Bernanke started QE and drop interests..

I pulled out STI vs S&P500 returns since 1993. LOL

 

[JKONG77]

Agree with time in the market. But the market must be something decent. not rubbish STI. Look at the difference in 5 year returns between STI ETF & S&P 500 ETF.

rest my case

I could be wrong, I don't know what is the value of comparing this - US stock market is over 100 years old, how old is SGX. Also the component stocks weightage is so different; where SnP 500 is tech heavy; STI is heavy on financial stock.

 

[MangoTuna65]

STI time will come.

Most ppl dun remember US lost decade during '00 to '12... S&P500 returns was a big fat ZERO. Would anyone it is a rubbish index now? Only chiong after Bernanke started QE and drop interests..

If SG do QE ... ... ...

 

[MrHighlander]

STI very disappointing ....

 

[IndianChief]

I could be wrong, I don't know what is the value of comparing this - US stock market is over 100 years old, how old is SGX. Also the component stocks weightage is so different; where SnP 500 is tech heavy; STI is heavy on financial stock.

Comparison matters if you wanna get the best bang for your buck. 1$ earned from STI is not worth more than $1 earned from S&P. In that case, the logical thing to do would be to put your money where it will grow fastest. Unless someone is completely fine with lower returns.

 

[Newbyib]

STI time will come.

Most ppl dun remember US lost decade during '00 to '12... S&P500 returns was a big fat ZERO. Would anyone it is a rubbish index now? Only chiong after Bernanke started QE and drop interests..

I used to like and have used STI index/ES3 and even (Shenton thrift fund before ES3 came about)in 1997 crisis, 2003 sars as well as 2007 GFC. The returns were great.
But I also recognise the structural changes that have occurred since 2011 in STI with the oil/ gas sector and the property developers’ decline that have made STI the worst performing market in the region. Until I see fundamental changes in STI to change my perspective.
I don’t think I am brave enough to replace my bond portfolio with STI index fund for its dividends because it’s still highly correlated to economic cycles.

 

[limster]

sounds like hindsight investing to me. This thread is basically everyone just posting how bad STI ETF after the fact and agreeing with each other.

this is where asset allocation comes in. From what I see, those here are selling the losers (STI ETF) and piling more and more money into the winners (US markets, crypto). Maybe this time its different, and selling the losers and buying more of the winners will pay off!

 

[Newbyib]

sounds like hindsight investing to me. This thread is basically everyone just posting how bad STI ETF after the fact and agreeing with each other.

this is where asset allocation comes in. From what I see, those here are selling the losers (STI ETF) and piling more and more money into the winners (US markets, crypto). Maybe this time its different, and selling the losers and buying more of the winners will pay off!

The point is don’t buy the loser and hoping this time is different.

 

[aurvandil]

Maybe this time its different, and selling the losers and buying more of the winners will pay off!

Selling the losers and buying more winners is the way most people invest.

It is not a widely practiced investment strategy to sell the winners and buy more of the losers.

 

[apriliasiao]

I pulled out STI vs S&P500 returns since 1993. LOL

U r showing exactly that. US markets chiong after massive QE and interest rates cut.
By cutting out home market and adding on more US equities are just taking on more risks at the moment.
In fact i limits my buying in US and has been adding others markets heavily into my portfolio.
Nobody like low returns if possible but selling lower return markets and chasing those on steroid sound silly in portfolio management unless u r a short term trader.

Sent from Apollo 13 using GAGT

 

[Newbyib]

U r showing exactly that. US markets chiong after massive QE and interest rates cut.
By cutting out home market and adding on more US equities are just taking on more risks at the moment.
In fact i limits my buying in US and has been adding others markets heavily into my portfolio.
Nobody like low returns if possible but selling lower return markets and chasing those on steroid sound silly in portfolio management unless u r a short term trader.

Sent from Apollo 13 using GAGT

If someone decides to dampen the portfolio’s volatility and its common with portfolio managers because some investors cannot stomach the volatility, it’s usual to construct with non- correlated instruments or instruments with lower volatility. Often-times the byproduct is lower return. No portfolio managers do portfolio management by buying lower return product to balance out better performing asset.
I think it’s great to hedge out the risks by using other markets, but not necessary using home market unless you have asymmetric information advantage because you know the home market better and are able to move quickly.