Saturday, January 27, 2018

Is it a good time to invest in the STI ETF?

Dear FISCA.
I have $30,000 after setting aside 6 months worth of my salary. I am planning to invest this $30,000 as a Lump Sum into the STI EFT through POEMS. Is this a good idea? I am a 29 year old female educator, married with no children. I already bought Personal Accident insurance.

REPLY
The STI ETF is a good long term investment.
Some people are worried that the world stock market is rather high at this time due to extremely low interest rate.
Perhaps you can invest half of the sum now and wait for 6 to 12 months before investing the balance.
I suggest that you attend this talk on Financial Plannng on 3 February.
http://www.fisca.sg/event_det.aspx?id=17

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