facebookOther than DBS being a blue chip/dividend payout, do you think it has limited potential for growth? I see a lot of friends investing in DBS but is it a growth stock? - Seedly

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Anonymous

10 Nov 2020

General Investing

Other than DBS being a blue chip/dividend payout, do you think it has limited potential for growth? I see a lot of friends investing in DBS but is it a growth stock?

Don't want to jump into buying DBS stocks simply to follow suit and follow what other investors are doing.

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Banks in general aren't really growth companies. Singaporeans mainly buy into the banks in Singapore due to the dividend it provides.

Though I'm vested in DBS, I'm now thinking to sell them all to put this money into other growth stocks instead.

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Growth is slow. DBS is not a growth stock. It is a dividend stock. All SG stock is more of dividend stock.

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