tag:blogger.com,1999:blog-37872616.post3381865961718310436..comments2024-03-29T22:13:20.913+08:00Comments on BULLy the BEAR: Thoughts about STIla papillionhttp://www.blogger.com/profile/01372278083694506953noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-37872616.post-18847314111162185122008-07-05T20:40:00.000+08:002008-07-05T20:40:00.000+08:00Hi cathy,Thks for your feedback. Yea, I'm talking ...Hi cathy,<BR/><BR/>Thks for your feedback. <BR/><BR/>Yea, I'm talking more about investing kind of mentality. Buy and forget. STI etf is one thing one can buy and forget, can't say for sure about other individual companies.<BR/><BR/>Possible to short sti? Using what instruments? warrants? futures? cfd?la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-18058648679932634102008-07-05T18:24:00.000+08:002008-07-05T18:24:00.000+08:00Actually there isn't a need to hold tight to ride ...Actually there isn't a need to hold tight to ride out the waves. As you can see, STI goes through periods of peaks and bottoms. Because ETFs are made up of a variety of shares, it evens out all the noises and what you get is pretty predictable using TA. <BR/><BR/>Just buy and sell or short accordingly.Cathyhttps://www.blogger.com/profile/05990159680725155390noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-55864478293035924212008-05-08T00:08:00.000+08:002008-05-08T00:08:00.000+08:00Hi market uncle, Thks for visiting :)I agree with ...Hi market uncle, <BR/><BR/>Thks for visiting :)<BR/><BR/>I agree with you regarding using cash/cpf in investing sti etf. For me, i'll be using cash hence the rate will be quite unacceptable to me, though it's very okay for another person investing through cpf.<BR/><BR/>The main point in my article is that an individual needs to hold a very long term view for sti etf. Otherwise, the returns can be very spectacularly high or low, depending on entry point (or entry year). But from history, once the person holds over 14 years, chances are in his/her favour that it'll not be negative.<BR/><BR/>I guess besides deciding whether one is investing using cash/cpf, the other impt consideration is whether one can ride out all the noises and really sit on the sti etf for 14 years and above. Not an easy task at all.la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-55553741427490597252008-05-07T23:11:00.000+08:002008-05-07T23:11:00.000+08:00Hi la papillion, I share similar sentiments regar...Hi la papillion,<BR/> I share similar sentiments regarding STI. Since only the supposedly 'best' or <BR/><BR/>representative blue chips make it to the STI components, so long as the economy does well in <BR/><BR/>the long run, STI doing well comes as no surprise. This theory should also apply to any <BR/><BR/>other broadbased country indexes.<BR/> <BR/> As you have put it well, "...certainly not exciting but it beats most investment out there <BR/><BR/>without the holder needing anything but patience.", it takes too much patience and faith to <BR/><BR/>stay vested for long years to see the benefits. We are talking of decades, not even years.<BR/><BR/>(By the way, get rich quick implies days,weeks kind of expectation. Months are 'long term'<BR/> to these investors.)<BR/> <BR/> Depending on individual cost of capital and risk appetite, STI ETF may or maybe not be <BR/><BR/>suitable. For me, if I'm using cash, my cost of capital is obviously higher, since I can <BR/><BR/>take greater risk.<BR/> <BR/> Using CPF, it already give a risk free rate of 2.5% or 3.5% for the first 20K. My cost of <BR/><BR/>capital is hence greatly reduced, and all I ask for it for my choice of investment vehicle <BR/><BR/>is to beat the 3.5% + inflation. Hence I choose STI ETF.<BR/><BR/> By the way, I like your analysis on the STI returns.Market Unclehttps://www.blogger.com/profile/13926458268187430049noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-68456769593263785702008-05-05T15:42:00.000+08:002008-05-05T15:42:00.000+08:00Ah...I see, thks anonymous! I wasn't even into the...Ah...I see, thks anonymous! I wasn't even into the market yet at that time, still schooling, haha!la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-2424378007294814482008-05-05T15:32:00.000+08:002008-05-05T15:32:00.000+08:0097-98 was the infamous Asian Economic Crisis. Dot...97-98 was the infamous Asian Economic Crisis. Dot com was 2000.Anonymousnoreply@blogger.com