Dear readers, SPDR S&P 500 GROWTH ETF (SPYG) is close to 60% since March. On 23 March 2020, SPDR S&P 500 GROWTH ETF (SPYG) closed at USD 31.23 but as of 7 Aug 2020, the stock price of SPDR S&P 500 GROWTH ETF (SPYG) has already reached USD 49.27! The above increment translates into a 57.8% capital appreciation since March 2020!
If you are a regular reader of SG Stocks Investing, you would have known that I am an advocate of ETFs that tracks the performances of selected stock exchanges. Such ETFs are generally well-diversified and carry lesser risks than just focusing one capital in one equity. Thus, investors who simply chose to invest in the growth stocks of USA through a simple ETF like the SPDR S&P 500 GROWTH ETF (SPYG) at the market bottom in March 2020 would have gained 57.8% in capital appreciation very simply.
Compare the above performance to the STI ETF (ES3.SI). The STI ETF (ES3.SI) closed at $2.241 on 23 Mar 2020 and closed at $2.615 on 7 Aug 2020; this translates to just a 16.7% increment, which is humble compared to what could be achieved through SPYG.
But I would strike a balance between my investment in US and Singapore stocks as mentioned here .
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