Advertisement
Anonymous
3
Discussion (3)
Learn how to style your text
Reply
Save
If you have your emergency funds ready, spare money lying there that you dont need for next 5 to 10 years, yes.
SG banks are counted as blue chip. Pays regular dividends. If you can HOLD FOR 5 TO 10 YEARS, most likely the returns will be positive.
However, the first point is important. Emergency funds. Economy is bad now. If the pandemic doesnt recover and goes to the extreme, lockdown for months, make sure you can survive and tide through without the need to force sell your stocks. Cus by then even bank stocks will drop significantly and you are forced to take the loss.
Reply
Save
Banks as with any other stocks will only be a good investment if it is priced lower than its intrins...
Read 1 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Products
4.7
482 Reviews
From $0
MINIMUM FEE
0.03%
TRADING FEES
Custodian
STOCK HOLDING TYPE
4.5
957 Reviews
4.9
127 Reviews
Related Posts
Advertisement
Airlines and banks, super high risk.
Anyway single stock investing is not a good idea versus passive ETF investing.
maybe You'd like to read more here on (my) long-term investing thinking (or not...):
https://seedly.sg/questions/what-is-your-genera...