Investing using dollar cost averaging at the market top may not be that bad if you invest in the right investment and are discipline enough throughout. In the past week, we written about the advantages of investing in low cost index funds or exchange traded funds (ETF) for people who do not want to take such a hands on approach with investing but want to make the virtues of early life compounding work for you. In the Singapore context, many have highlighted Street Tracks STI ETF as the ETF that they use when they want to practice low cost index investing. STI ETF since 2002 inception have generated an annualized return of 9% with 38% of the returns originating from dividends. (Read report here)

Meeting up with an old friend

I managed to meet up with a friend of mine that I haven’t seen for some time. I ......