Is STI really the Super Terrible Index? Part 3

Since my previous posts (part 1 here and part 2 here) on calculating my returns from investing in STI over the last 10 years, the STI continued its good run. In fact, it is now at 17-year highs!

Singapore banks lead STI rally to 17-year high as US Fed cuts rates

So I decided to write another feel-good post about my returns from investing in STI, which should be higher than the 5.3% CAGR reported in my previous post. 

I have collected $20,204.50 in dividends over the last 10 years. I started DCA on 24 Apr 2014. 

So how much returns has that netted me?

Without dividends included, I achieved a CAGR of 5.7%. With dividends included, my CAGR increases to 6.4%! This CAGR is computed using the FV() formula in Google Sheets. 

Results are as of 21 Nov 2024. Time will tell whether the STI can break its ATH of 3906 achieved in 2007 before the great recession. Fingers crossed.

The outlook for STI is good:

SGX shares surge following Morgan Stanley's upgrade to 'overweight'

"Seemingly stronger political will and low market expectations mean that any new initiatives proposed in the coming nine months could be met with a broad-based uplift in valuation multiples, especially for larger cap stocks," according to a team of Morgan Stanley analysts in their Nov 17 report, where they upgrade their call from "underweight" to "overweight".

STI is now the super terrific index!!