To The Moon

$STI ETF(ES3.SI)$  

https://www.spore-share.com/2024/03/sti-etf-this-is-one-of-few-etf-that-is.html

 STI ETF - This is one of the few ETF that is yielding more than 4.6% yield of which it covers the 30 STI components stocks like Bank, Gd reit, SingTel, Venture, etc of which I think is a no-brainer counter to consider! Pls dyodd.

I think great opportunity is back!

At 3.114, yield is about 4.69% which is quite a good yield level!

Pls dyodd.

She has just went ex.dividend 2 days ago, looks like price has corrected to an interesting price level.

STI ETF - She is trading at 3.142, yield is about 4.6 percent for this ETF that cover most of the famous counter like DBS, Ocbc, Uob, Sia, Venture, SingTel, MIT, CLAR, CICT, MLT, MPACT etc I think is a no-brainer strategy to consider this counter for your investment portfolio! Pls dyodd.

XD of 7.3 cents on 13th February, looks like we may see some buying interest!

I am waiting for her to go below RSI 30 to plan my trade!

Pls dyodd.

This method of operation is to buy into STI ETF whenever it is in an oversold condition

and to sell off and take profits whenever it is in an overbought condition.

For example, one may use the indicator such as the Relative Strength Index (RSI) to gauge when it is overbought ( above 70 ) or oversold condition( below 30).

One may plan to buy and selling of units in several batches whenever in oversold or overbought conditions in order to get the best average price.

For example you may plan to buy in at different interval or whenever the Oversold situation happen .

In any one year, there will be three to four such window opportunities of overbought or oversold conditions to operate by buying or selling units of the ETF. At the same time, we can also kept some units always to receive dividend income and for their long term growth in price appreciation.

With discipline and patience , one should be able to get good average returns per year in excess of certain % by this one simple strategy of investing in one single ETF .I think This simple one strategy is safe and allow one to sleep soundly at night without worry of negative news affecting individual stocks in one's portfolio which could crash the share price of the particular stock the next day. This is because even if one or two of the component stocks in STI ETF of blue chips should collapse in share prices, there will be 28 others to diversify away the risk of the entire portfolio collapsing at anytime.

As for younger folks who just started out working and does not have enough cashflows and savings , one may start to spread out the different batch of buying or applying the Dollar-cost-averaging method by investing $1000 at 6-8 different batches that would be able to achieve lower average costs per unit.