Dear readers, we have noted a fair share of ups and downs in the Singapore stocks markets year-to-date this year.
Amidst the higher lesser risk returns from Singapore T-bills, Singapore Fixed Deposits and Singapore Savings Bonds, individuals here can be forgiven for not paying as much attention to the Singapore stock markets yeaer-to-date this year.
And not to mention, the image of Singapore Stocks markets as being boring or not as exciting as the other overseas stock markets. Yes, this is the common perception of our stock markets here among investors.
The Singapore stock markets, as measured by the Straits Times Index (STI) was at 3251.32 on the last trading day of year 2022. As of the most recent trading day (6 Oct 2023), the STI was 3174.39, or 2.37% down year-to-day compared with year 2022.
As compared with the guaranteed returns from T-bills, Singapore Savings Bonds and Fixed Deposit, an investor into Singapore stocks this year would have lost his capital, referencing to the STI.
Of course, if an investor invests in the STI through the STI ETF, there is at least some dividend yields, around 3% which makes up slightly for the capital depreciation of the STI.
In these current times of high inflation, growing one’ monies and in a risk-free manner is amongst one of the priorities of many these days.
And I must also add, one should always save up more, whenever one can!
Have a Good Sunday!