To The Moon

Part 1 : 💰💰💸💸🏅🏅DCA STI ETF Benefits.

Dollar average STI ETF 4% dividend with no Extra 30% tax

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.

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