facebookPOSB Invest Saver for STI ETF is dropping quite badly. Should I still hold it for long or sell it? - Seedly

Anonymous

05 Mar 2020

βˆ™

Stocks

POSB Invest Saver for STI ETF is dropping quite badly. Should I still hold it for long or sell it?

Discussion (7)

What are your thoughts?

Learn how to style your text

STI ETF (f.ex. ticker: ES3) during the last 10 years was a very underperformer (but for the future nobody can predict anything of course).

See a 10 year chart of ES3 versus prominent U.S. or global Vanguard passive indexing ETFs here:

​​​

Billy

07 Jun 2019

Development & Acquisitions Manager at Real Estate Private Equity

Hi!

The idea of using POSB Invest Saver (a form of Regular Share Savings Plan) which utilises the concept of Dollar Cost Averaging helps to accommodate to the dips in the market by purchasing a larger amount of STI ETF and when the reverse comes, it'll purchase less.

Henceforth, this is a long-term tool that helps you tide by the volatility of the market. Furthermore, given how you're invested in STI ETF - which itself is considered less risky / volatile as compared to individual stocks, I think you're in safe hands and will recommend you to hold it for long as what others have mentioned too

View 1 replies

Tan Wei Ming

03 Jun 2019

Founder and Writer at Frugal Youth Invests

POSB InvestSaver is meant for dollar cost averaging. I would be happy to continue to buy more of it ...

Write your thoughts