If you invest in the best-known index fund, the Tracker Fund 2800.HK, 10 years ago, you are looking at ~23% + 8.01 HKD dividend per share.
Inflation at 2% p.a. is about 22%.
More details here: https://selfprofessednerd.blogspot.com/2021/05/most-stock-pickers-loses-to-index-just.html
Given the observation above, I obviously did not put any money in 2800.HK, but I bought in to the relatively new 3067.HK iShares Hang Seng Tech EFT.
I picked a few stocks here and there, but in aggregate, they did do not beat the US indexes.
I just dabbled into VTI, and I am increasingly looking to move funds into ETFs in the US market instead. The only downside I see is the 30% dividend withholding tax for foreigners, so I am probably only looking for capital appreciation instead of income investing.
Any Hong Kong based investors here? Do you invest in the Hong Kong market at all?
Submitted May 22, 2021 at 10:18PM by lsiu https://ift.tt/2QIAbc9
