Asked on 18 Oct 2018
STI ETF types and how to invest
Hey there, I would recommend investing in a market portfolio like S&P500 ETF instead as it historically yields 10% return and has a general upward trend. The US market is very unlikely to have negative returns as it represents the global market, which will always be expanding as years go by.
You could choose to invest in either the SPDR STI ETF or the Nikko AM STI ETF. The article by MoneySmart would provide you more info about STI ETF. https://blog.moneysmart.sg/invest/sti-etf-guide-start-investing/
Do lots of research - Seedly is a great platform, start by reading up on their articles related to STI ETF and go with a regular savings plan (POSB investsaver, FSMOne, etc.). Once you get your feet wet you will understand the markets better and want to find out more. Be hungry and good luck in your investment journey!
Since you are graduating, I suggest that you start it slow/small. Go for POSB Invest Saver and invest $100 or $200 monthly. Get a feel of it.
In addition, go read up more on investment.
First, you can open a brokerage account and buy through the singapore stock exchange.
Or, you could apply for the regular savings plan with any of the major banks and do dollar cost averaging.
Either you open a brokerage account, then buy the STI ETF in lump sums or
Invest monthly using the Regular savings plan. You can look for an article regarding this in the Seedly blog :)
You can invest monthly on the Nikko AM STI ETF which tracks the STI ETF via POSB's Regular Savings Plan (InvestSaver). Read up more here - https://www.posb.com.sg/personal/investments/investing-in-funds/invest-saver
You can invest monthly with POSB Invest Saver. There is only Nikko STI ETF and SPDR STI ETF. POSB invest saver can only invest in Nikko STI ETF and ABF bond ETF. You can also open a brokerage account to invest but the minimum fees is at least $10-$25.
If you wan to invest monthly in other stocks, you can look at other regular savings plans with the link.