Hi I am a student new to investing, should I buy STI ETF now?

There is no particular best time, if you consider very longterm investing. but sure, this random walk price drop is of course a favorable ETF entry point. more important than market timing however is optimum ETF selection, ultra long holding periods, low brokerage commission fees.

maybe interesting:

https://seedly.sg/questions/what-is-your-genera...

Hey X-Jie, there is no specific good time to invest in ETF. I would suggest to get started right now as you can choose to DCA into it. Start getting into it and grow it bit by bit. As the overall stocks are at a lower price, your sum can allow you to get more shares per dollar.

Alternatively, consider for robo-advisors such as Syfe and Stashaway to invest into overseas or local ETFs. In such way, you can get hold of multiple ETFs and diversify your risk.

Hi anon,

STI as an investment is probably something that you would want to avoid for long term investing; there are definitely better options.

Unless you are in this to 'trade' the STI, (i.e. entering at 2.5 and exiting once it goes past 3), don't expect the STI to give you much significant capital gains in the long run (more than 10 years). If you're ok to buy and sell, then yes, the market will eventually recover, and you can sell to lock in gains. However, if you are buying to hold for the long term, you will want to look at other options.

As others have mentioned, as a student, it is better to improve your human capital by getting your skillset set up and you will be in a position to command higher wages; this will boost your 'returns' better than any investment when you are still young and don't have much capital.

For young adults, i suggest growth investments than dividend.. STI etf along stagnant...
You can try stashaway robo-advisor... I use since 2018...they focus on US more if you are the highest risk index.