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Anonymous

15 Oct 2020

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Stocks

Any recommendations of stocks to buy? SG or US market?

Hi, I plan to start investment. Does anyone have any recommendations of which stocks to watch in current situation?? I intend to look at SG and US market.

Discussion (13)

What are your thoughts?

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As you're starting out your investment journey, you need to understand what's your investment strategy and your risk appetite. I wouldn't recommend you jumping straight into stock picking. These days, we are spoilt with so much info and the right technologies like robo-advisors. Take advantage of them!

US markets are exciting when it comes to growth, but are you able to stomach the volatility as a beginner investor? e.g., tech stocks can grow double digits but plunge double digits as well. SG markets have been stagnant when it comes to growth, blue chips wise but provide stability over the long run. If you really want to jump on the bandwagon, start investing in ETFs or robos. Then take time to read about how to evaluate a company (if you really want to stock pick) - PE ratios, ROE, comapny fundamentals, etc. And build a diversified portfolio from there. For me personally, I'm too impatient when it comes to investing in SG markets for dividends. I love US tech stocks for the growth, and have higher risk appetite since I've got no life commitments. No one here would tell you what to buy or look out for. You need to make the ultimate decision yourself through research and filter out "noises", these can be news, "recommendations" on stock to buy, or simply just buying out of FOMO (Fastly is a good example). Good luck!

I think it is best that you decide what's best for yourself. Read and invest in yourself

Some books to recommend include...

  1. The most important things - Howard Marks

  2. Poor Charlie's Almanack - Charlie Munger

  3. The intelligent investor - Benjamin Graham

Everyone has their own circle of competence, if you copy someone else's portfolio you will not do as well as them because your stratergy and understanding of how to use that knowledge may be different.

Many professional investors handing big funds such as Warren buffet, Charlie Munger, Ray Dalio, Cathie Wood, and many more, have their/ funds' portfolio publicly known. Copying that does not gurantee you similar results as them.

Sharon

15 Oct 2020

Life Alchemist at School of Hard Knocks

Actually, if you pay and use Pyinvesting.com to pick the stocks (there's a 30-day free trial), what I understand from a webinar that I attended is you can achieve great returns by choosing the top 15 or 20 stocks, for example, in the US market.

It uses financial data and backtesting to create your own robo-advisor. Pretty cool, eh?

https://pyinvesting.com/

If I remember correctly, it gives you weekly or monthly data and you can rebalance accordingly.

Personally, I don't use it because the stocks that I want to own are probably not going to be in the final list, since they likely are not going to pass the metrics available.

Lin Yun Heng

15 Oct 2020

Senior Analyst at Delphi

Depends on what your are interested in and of course you must do your own due diligence. Listening to what others say will only bring disappointment if you never do your homework.

Chan Ze Ming

15 Oct 2020

Accountancy and Finance Student at Nanyang Polytechnic

Hello,

Depends on your style, some ppl goes into penny stocks for high return (high risks too), som...

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