If you are looking to invest in reliable, established businesses, look no further than blue-chip stocks.
These companies have proven their resilience through different economic cycles and are able to provide investors with a steady rate of return.
In Singapore, the Straits Times Index (SGX: ^STI), or STI, contains the top 30 blue-chips listed on the Singapore Exchange (SGX: S68).
You can invest in the STI by buying ETFs such as the SPDR STI ETF (SGX: ES3).
This ETF mimics the components of the STI, and currently offers a trailing 12-month dividend yield of 2.9%.
In this article, we take a look at what a S$10,000 investment in the STI will buy you.
(all figures are accurate as of 23 June 2022)
S$1,856 of DBS Group (SGX: D05)
DBS is Southeast Asia’s largest bank by assets, and one of the “Big Three” local banks in Singapore.
The lender recently reported an exceptional set of earnings.
In its fiscal 2022 first quarter (1Q2022) report,...
