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The dollar cost average into STI ETF at the peak achieves 5.5% XIRR over past 8 years.
By Investment Moats  •  March 24, 2015
Almost three years ago I wrote about the experience of my friend who dollar cost average $1000 per month into the STI ETF (Exchange traded fund) , 2 months before the market top and how his returns have been. You can read it here. I revisit the article a year ago, you can read that here. The last time round, I use XIRR to calculate the rate of return per year of the cash inflows and the cash outflows received over time to be 4.95%. Since a year ago, markets have not moved any where perhaps since 2010 for 5 years. We are still below the highest point reached. Assuming the cost is 0.25% for commission if you use Standard Chartered Online Trading no minimum commission, the number of units collected in this 7 years 10 months have been 31981 units. The average cost of your units is ......
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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