Should I continue to DCA into Nikko AM STI ETF?

I don't think STI ETF is a sunk cost fallacy, eventually STI will recover, its just a matter of time. Just hold it and u will not lose money.

However don't expect fantastic returns from it. Its returns is only about 5.6% annualized.

https://www.ssga.com/sg/en/institutional/etfs/f...

If you want better returns, invest in US etf, like VUSA, IUSA, which is the ireland domiciled version of S&P500, which means its only taxed 15% on dividends instead of the usual 30%. More info here:

https://blog.seedly.sg/how-to-invest-in-ireland...

S&P500 has a much higher returns of about 10% annualized.

Or if you want even higher, go for SXLK, a tech ETF, that delivers returns of 21% annualized.

I talk more about these ETF in here: https://youtu.be/8zIuAYEMh7w

I am pondering over the same thing too that's y I'm here. If you can stomach the paper loss then it would be best if u continue DCA. I saw an explanation somewhere that although many people will advise that paper loss are not actual loss until you actually sell it but in the long run, if it does not recover, you are wasting your time and investable money on it.