This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!
"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder
"For the things we have to learn before we can do them, we learn by doing them." - Aristotle
It is here where I share with you how I did it!
FREE Education in stock market wisdom.
Think Investing as Tug of War - Read more? Click and scroll down
Fund cost is relative. It depends on what do we benchmark with.
ReplyDeleteIf we benchmark with active manage fund like Unit Trust or Mutual Fund, then STI ETF is low cost.
If we benchmark with SPDR 500, then STI ETF is high cost. SPDR 500 has Forex risk.
IMO, I don't mind to pay 0.3% of invested fund. For example, if I invest $100K, then the cost will be $300 per year. After minus off the fund cost, I probably still able to get 2.8% dividend.