I started out my investing journey in March 2015. Back then, I was very much influenced by the works of commercial financial bloggers.
"Buy STI ETF" they say.
"You sure can't go wrong with this. 8% returns per annum! Furthermore, you get instant diversification with 30 brand name counters which everyone knows!"
Books I read seemed to lend credence to this sentiment. After further research and being marginally aware of the drawbacks of passive indexing, I started plonking down $200 each month into the POSB Invest-Saver Plan.
Fast forward to now. The economy is not good and yet the market is going higher and higher. I ask myself. Am I going to mindlessly dollar cost average (DCA) my Nikko AM STI ETF investment higher, or should I take a more active approach in my passive indexing?
As it is nearing the 12th of the month (debit date for the ......