Mr Tan,
As inflation rate for last year is about 5%. What do you think of any investment that is over that 5%?Is the world changing?
REPLY
Inflation was 5% last year. The STI ETF earned 19%, so it is much higher than inflation.
Over the past 10 years, the average inflation was around 3%. The STI ETF earned about 8%, so it is higher than inflation.
Over the long term, the STI ETF is still be best investment. Attend the FISCA talk and learn about why this is the case.www.fisca.sg/events.
As inflation rate for last year is about 5%. What do you think of any investment that is over that 5%?Is the world changing?
REPLY
Inflation was 5% last year. The STI ETF earned 19%, so it is much higher than inflation.
Over the past 10 years, the average inflation was around 3%. The STI ETF earned about 8%, so it is higher than inflation.
Over the long term, the STI ETF is still be best investment. Attend the FISCA talk and learn about why this is the case.www.fisca.sg/events.
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