Rate Of ReturnAug 13 at 03:30 AM
$STI ETF(ES3.SG)I believe now would be a good time to accumulate STI for a few reasons, I believe that firstly with so many geological tensions, capital is going to flow into Singapore, as shown in terms of the wealth management AUM in the 3 banks recent earnings reports, I believe that this figure will not only grow but also decrease the reliance on interest rates which can make the banks a more resilient business as well. In a technical side of things, I think that breaking out of a 17 year consolidation makes me confident that we will head higher, I think most people forget about how there are dead periods in the US market as well so to diversify, I will be starting to accumulate STI now.
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