STI 3,000

Businesstimes reported that: 

 SINGAPORE's benchmark Straits Times Index (STI) rose 0.76 per cent or 22.49 points to close exactly at 3,000 on Thursday, touching this level for the first time since March last year. Across the broader market, gainers outnumbered losers 276 to 203, after 2.52 billion securities worth S$1.27 billion changed hands.

As I've mentioned repeatedly, its a safe bet to buy STI ETF when STI drops below 3,000 as it will recover. This time round, it took less than a year to recover. There is no guarantee of a straight line recovery but by year end, STI should still be above 3,000.

STI ETF $3.025

 

One of the investing rules I follow is to buy STI ETF (ES3) whenever it is below $3 because it will always recover to $3. 

In 2020, I bought 27,300 STI ETF and the price has recovered in about 10months. Today, STI ETF went above $3 while STI itself hit 2,993.

2020 negative, but 2021 things are looking better

 

2020 my IBKR portfolio was down 1%, but thanks to the rally in the first week of Jan, on a 1-year basis, my IBKR portfolio has turned green and is up 2.3%.

I hope that there will be a rotation and that value investing will see some positive gains in 2021.