15 July 2011
Buy STI ETF Using Dollar Cost Average Method
Finally, I realized that buying STI ETF using Dollar Cost Average Down Method is the only way to survive the cruel stock market in the long term.
I opened a SBP account with Poems and Poems bought STI ETF for two months already.
Another account opened with Standard Chartered and will be operated by myself when activated.
The objective is to avoid endless killings by the market and achieve long term compounded annual growth rate of about 7 to 8% in the coming 20, 30 years. hopefully this method can be passed on to my kids in the future.
I opened a SBP account with Poems and Poems bought STI ETF for two months already.
Another account opened with Standard Chartered and will be operated by myself when activated.
The objective is to avoid endless killings by the market and achieve long term compounded annual growth rate of about 7 to 8% in the coming 20, 30 years. hopefully this method can be passed on to my kids in the future.
