$Lion-OCBC Sec HSTECH S$(HST.SI)$looking at the stocks listed inside this etf, there seems to be no reason not to invest in this given the attractive price but the continuous bearish trend is indeed discouraging. However, from another perspective, the crackdown was not meant to destroy thr tech sector but to ensure its in control. Ultimately the tech sector is going one of the impt area when it comes to evolving the internet of things. Given this, wouldnt the current undervalued price be attractive instead?Should the price fall after i buy in, i should rest assured that at least i have secured it at a price which i deem cheap and if theres an extra cash, i can always consider DCA. PS: not sure if theres more downwards trend
Is $Lion-OCBC Sec HSTECH S$(HST.SI)$ a buy now?Over the past 1 to 2 years, HST or rather hang seng index has been trending down due to the economy and especially the crackdown on tech.Is it a buy now given how much it has dropped? My guess is as good as yours. While it may not be safe to assume that the crackdown has already subsided given how efficient the govt is in introducing crackdown measures but it has already been quite some time. Stock is a tool to fight inflation and in the long run, it tends to trend upwards. Given China given the top market apart from US, would we be better putting our money on HST which may appreciate better than putting our savings in bank? Its worth considering :)
$LION-OCBC HSTECH ETF S$(HST.SI)$its been 2 years but HST isnt progressing at all but come to think of it, its still an index fund which no matter what, it should rise in future but the qn is, is the time spent on hst worth hmmm
$SPDR S&P 500 ETF Trust(SPY)$ With lots of consensus of SPY reaching 300 to 320, there's still a potential downside of 15%-20% approx. That said, I'll probably consider a small entry once it reaches a 10% drop from ots current price of 372.
$Lion-OCBC Sec HSTECH S$(HST.SI)$The crackdown will take roughly 6 months so hang in there. Theres definitely huge potential in the tech sector. For now, DCA is probably a good option given the extremely low price.
Cant help but to think $Alphabet(GOOG)$$Alphabet(GOOGL)$is at a very attractive price. Though some say its not a good year for tech stock but given google strong moat, its no doubt a safe investment in my personal opinion. Just added 1 x googl recently :)
Market is still really volatile with many saying we are heading towards recession and that we are not even in a bear market as s&p has not fallen 20% or more from its peak. Would seem like holding cash will be a good option if not, DCA to avoid losing any good opportunity.
$Lion-OCBC Sec HSTECH S$(HST.SI)$while its still at a rather low price but i believe everyone is relieved to see that it has grown by 5% today. A positive sign though still too early for a conclusion.