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@koolgal
If you are new to investing and have limited funds, $STI ETF(ES3.SI)$ is a great ETF to get started with. The $STI ETF(ES3.SI)$ tracks the STI Index which comprises of the largest and strongest Singapore companies by market capitalisation. DBS occupies the top spot with 18% weightage followed by OCBC and UOB. Together the 3 Singapore banks takes up 43% of STI ETF. The STI ETF is also the bellwether of the Singapore economy too. In the latest economic report, Singapore's inflation is 5% due to high petrol and food prices. It is important to stay invested as inflation will erode the value of your hard-earned dollars otherwise. $STI ETF(ES3.SI)$ is diversified and minimises your risk on single stocks. It also pays dividends half yearly too. Best of all it gives you the maximum bang for your hard earned dollars while you watch it grow. With high inflation, rising interest rates and volatility in the markets, $STI ETF(ES3.SI)$ is a defensive play and a safe haven to park your cash. @Daily_Discussion @TigerStars @CaptainTiger
If you are new to investing and have limited funds, $STI ETF(ES3.SI)$ is a great ETF to get started with. The $STI ETF(ES3.SI)$ tracks the STI Index which comprises of the largest and strongest Singapore companies by market capitalisation. DBS occupies the top spot with 18% weightage followed by OCBC and UOB. Together the 3 Singapore banks takes up 43% of STI ETF. The STI ETF is also the bellwether of the Singapore economy too. In the latest economic report, Singapore's inflation is 5% due to high petrol and food prices. It is important to stay invested as inflation will erode the value of your hard-earned dollars otherwise. $STI ETF(ES3.SI)$ is diversified and minimises your risk on single stocks. It also pays dividends half yearly too. Best of all it gives you the maximum bang for your hard earned dollars while you watch it grow. With high inflation, rising interest rates and volatility in the markets, $STI ETF(ES3.SI)$ is a defensive play and a safe haven to park your cash. @Daily_Discussion @TigerStars @CaptainTiger

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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