SunTrust Banks Inc. (STI)
Steve Patterson (July 9th, 2008) Writes:
Steve Patterson (July 9th, 2008) Writes:
Wayne Koh (June 15th, 2008) Writes:
I went on to do a few more indices, namely KOSPI, HSI, Nikkei 225, BSE, FTSE, JKSE and plotted them on the following chart together with STI and S&P 500.
JKSE and KOSPI are the two best performing market indices on a 10-yr annualized basis and Nikkei 225 and FTSE are the two worst performers. For simplicity sake, if $1,000 is invested in every of the above indices, the portfolio would be something like this:-The $8,000 portfolio would have grown to $24,769 today (since 1998), an annualized returns of 11.96%.
Invest in…
Wayne Koh (June 15th, 2008) Writes:
After doing the S&P 500 chart, I went on to download STI historical data (since Dec1998) and plotted this chart.
In my opinion, STI looks “expensive” for now and may be worth a look when the “blue line” falls to between 2% to 4% range. Nonetheless, even if one has Singapore stocks, one should never expose any single country’s (such as Singapore) portfolio to more than 10% of total portfolio as a rule of thumb.
And deploying “dripping-in-money” strategy seems the obvious “safe & steady” way to participate in the market than “surrendering” outright to the robber called “inflation“.
Consider this instrument : streetTRACKS STI ETF (Exchange Traded Fund)
Lastly, annualised returns of the STI for the past 20.5 years is 6.48% per annum