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@Optionspuppy：Part 1 : 💰💰💸💸🏅🏅DCA STI ETF Benefits. Dollar average STI ETF 4% dividend with no Extra 30% tax $Straits Times Index(STI.SI)$ $STI ETF(ES3.SI)$ Part 1 : 💰💰💸💸🏅🏅DCA STI ETF Benefits. Write on benefit of dca into Singapore straits times index sti etf which pays 4% dividend while not accounted for 30% tax for the dividend. I dca sti etf from 3.10 to 3.30 having a good profit in 2022 to 2023 in tone of melody marks Investing in the Singapore Straits Times Index (STI) ETF through dollar-cost averaging (DCA) can provide several benefits for investors, especially in terms of dividends. Firstly, the STI ETF is a diversified investment product that tracks the performance of the top 30 blue-chip companies listed on the Singapore Exchange (SGX). This means that investors can gain exposure to a variety of industries and sectors, which can help to reduce overall investment risk. Secondly, the STI ETF pays a dividend yield of around 4%, which is considered to be relatively high compared to other investment products. This can provide a regular source of income for investors, especially for those who are looking to supplement their retirement income. However, it is important to note that the dividend yield is subject to a 30% tax for foreign investors. Despite this, the STI ETF still offers an attractive dividend yield after accounting for the tax, making it a compelling investment option for investors seeking stable income streams. By using DCA, investors can take advantage of the STI ETF's dividend payout schedule, by investing a fixed amount of money at regular intervals. This can help to smooth out market volatility and reduce the impact of short-term market fluctuations. Moreover, if an investor uses DCA to invest in the STI ETF, they can benefit from averaging their cost basis over time, potentially resulting in lower overall investment costs. In the scenario where the investor bought the STI ETF from 3.10 to 3.30 and benefited from a good profit in 2022 to 2023, DCA may have helped them to achieve this by reducing the risk of investing a lump sum at the wrong time. In conclusion, DCA into the STI ETF can be an attractive investment strategy for investors seeking exposure to the Singapore stock market, as it can provide a diversified portfolio, stable income streams, and the potential for lower investment costs. 🐯 🐯🐯🐯🐯🐯 Dear tiger readers Please help to share post also clicking the repost button and follow me as I published my post on my ideas and trading experiences and sometimes including my current dividend positions and winning sell call and put trades . 🦁🦁🦁🦁🦁Do follow me share my posts regularly So more people can learn about my trading methods and winning trades on selling covered calls and puts options I share my options trade below usually I sell at a higher price then buy back at a lower price for a profit I also try to reward the first 100 commenters at least 1 coins each who also help me repost and like the article 🌈🌈🌈🌈🌈🌈🌈🌈 As always do your on due diligence and tradings have risks Do feature me @TigerStars @Daily_Discussion @MillionaireTiger so more people learn sell cash covered put on good stocks and earn 1% or more per month Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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