Friday, August 17, 2007

How to pick the right stocks

Dear Mr Tan,

With all the stock market indices dropping by quite a lot. When it recovers, what is the best way to ride on the rise as there are so many stocks to choose from ?

REPLY

I suggest that you invest in the STI Trakker Fund. It is a ETF or exchange traded fund. It is a large, diversified, low cost fund. It is invested in blue chips, to track the STI index.
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3 comments:

  1. Thomas Phua's BlogAugust 17, 2007 3:56 PM

    How to invest and who underwrites such investment?

    Is it the bank?

    What is the minimum to start with?

    ReplyDelete
  2. AnonymousAugust 18, 2007 12:28 PM

    Mr Tan, when you say STI Tracker Fund, are you referring to the "STI ETF 100" currently trading at around $32 on the S'pore stock exchange?

    Thanks.

    ReplyDelete
  3. Tan Kin LianAugust 20, 2007 12:02 AM

    You are correct. The STI Trakker Fund is now trading at around $32.

    ReplyDelete