Invest
Taking profits for STI ETF & doubling my stocks purchase to close to SGD$70k in Tiger Brokers
By Simple Budget, Simple Life  •  January 18, 2021
When people talked about STI being the Super Terrible Index, I laughed. It was such an apt description cause the people around me who invested into STI via DCA years back are still seeing red. Despite that, I decided to take it up when it was hovering around $2.50+ in Sept 2020 through Tiger Brokers. I reckoned that Singapore economy would one day rebound. When would that "one day" happen? I'm not sure. But I figured if it continues that way for the next 1-2 years, I'll just accept the dividends that comes along, since interest rates from saving accounts SUCKS. I didn't expect STI to cross $3.00 4 months later. I had also planned to sell it off once it hits $3.00. Not sure if it was a sign - I came across this, and I quote "A gain is not a real again unless its a realized gain". So I decided to sell off my shares in STI ETF, for a ~18% profit. All through Tiger Brokers....
Read the full article
By Simple Budget, Simple Life
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance