Are you a full time employee who finds it hard to make time to monitor one’s investment due to commitments? Or feel daunted by the market jargon and maze of financial statements when investing in the stock market?
If your answer is yes to either question, it may be good to leave your investment to fund managers. In my opinion, the best way is by investing in an ETF which tracks the Singapore Stock Index.
What is the Straits Time Index fund (STI ETF)?
Alvin from Bigfatpurse has written a comprehensive post about it.
For those who are busy or daunted by the lengthy article. Below are 5 points to know:
1)The Straits Time Index (STI) comprises of 30 companies listed on the SGX and is a net market capitalization weighted index
2) You do not invest directly into the STI index; this is done by investing in either the i) SPDR STI ETF or ......