STI ETF
$STI ETF(ES3.SG$ Is this really a good stock to invest? It seems it is not progressing much. Given time, it is affected by other economic factors which fluctuate between 3.2 to 3.3 in the past 8 months.
I think other stocks would be much better as the dividend payout is not fantastic too.
Will probably sell off and invest other stocks.
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Lobang88 : patience paid off.
Make it Big : By buying into the STI ETF, you are effectively buying into the top 30 companies by market capitalization in Singapore. Hence it is highly diversified. The ETF will not go bankrupt unlike individual company. Hence, will not lose sleep over it. If all the top 30 companies bankrupt together, it is the end of the world already, the money we owe to the banks need not be repaid. It distributes dividend twice per year amounting to a total of 3 to 4%. Buying STI ETF need to have a belief that the market will always go up in time to come and investor will eventually make money or break even.
SpellCasting : Now bank is catching up since interest hike again
Blessedme OP SpellCasting : price dropped so much