Thursday, 4 June 2020
STI ETF above my average 2020 price
I'm looking at my screen over lunchtime on 5 June and noticed that STI ETF has gone back to 2.766. As I have mentioned before, my plan was to buy STI ETF when it dropped below $3, continue to average down, and hold on till it recovers. In a matter of 3 months, STI ETF has gone back above my average price. The last time I did this was during the GFC when it dropped a whole lot more but nevertheless still recovered back above $3. I guess the strategy worked again.