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Is now still a good time to buy in local bank stocks like DBS & OCBC? Thinking of buy in and just leave it for long term. How should I start to buy a local stock? Can anyone guide me? Thanks!
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If you are investing in order to get dividends and you believe that the reduction in dividends makes the stock backrooms highly unappealing, then one alternative for you would be to sell the shares and invest the proceeds in a different, more advantageous product.
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Singapore's economy is anticipated to grow by 3.5% this year, the slowest rate since 2009, thanks to the central bank's 25 basis point drop in interest rates. Nonetheless, despite the faltering economy, DBS reported a record profit of $4.3 billion in 2017. DBS has been increasing its regional footprint, purchasing ASEB Bank in Cambodia Detective Novels in 2016 and Vietinbank in Vietnam in 2017. https://www.chuckryoung.com/
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