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Anonymous
Hi all, I'm 22 y/o and planning to begin investing in the stock market. Looking at SGX since it's more stable.
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Billy
13 Jan 2020
Development & Acquisitions Manager at Real Estate Private Equity
First you have to understand yourself, what are your investment goals, how is your risk profile like, how much money are you intending to invest.
Next you have to understand the business structure of DBS. What will affect DBS's share price? What is the optimum environment for DBS to strive in?
Then from there, you it is good to identify the gaps and how much can DBS share price appreciate from its current price.
Nonetheless aside from that, DBS promised $1.20 in dividends thus the share price would be rather supported given how it yields approx 4+% at current prices of ~$25-$26
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Bjorn Ng
13 Jan 2020
Business Analyst at 10x Capital
Hey there, it would be good to begin with STI ETF. You can consider looking at Regular Savings Plan offered some banks. Other than that, you can take a look at REITs too!
SG market is stable, I get that, but take note that the growth potential is definitely not as much as compared to other countries.
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In recent times, DBS has been growing its profits in the insurance industry. This is a good place to grow because the margins of such products, especially in Singapore, is about 70% That is a very fat margin.
That aside, DBS has a strong balance sheet and BASEL equity ratio. I will not object to investing in DBS given its good growth strategy and strong balance sheet
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Assuming that you already have your emergency funds in place, as well as adequate insurance coverage...
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You are 22, how many DBS shares can you afford to buy? There are cheaper bank counters if you are looking in the banking sectors.