Dear Mr. Tan
What ETF should I be looking at if I would like to achieve a return of 10-15% p.a. Thanks.
REPLY
I am not able to advice on any product that can offer 10% to 15% p.a. I only aim for 5% to 6% p.a. for my personal investments.
Read this FAQ about investing for the long term:
http://www.tankinlian.com/faq/savings.html
If you wish to invest in the STI ETF, you have to approach a stockbroker.
Wish you all the best.
S&P 500 TOTAL RETURN (Before expense ratio & currency exchange risk & tax):
ReplyDeleteJan 1926 to Sep 1982 - 9.05%
Sep 1982 to Apr 2000 - 19.04%
Mar 2000 to Feb 2008 - 0.11%
Source:
"Don't expect another bull market" by Allan Sloan
Link: http://money.cnn.com/2008/02/29/magazines/fortune/bull_market.fortune/index.htm?postversion=2008030303