facebookI am new to investing. Any thoughts of buying SIA shares with the intention to hold on for long term? Given that the price is quite low, is it a wise choice? - Seedly

Anonymous

30 May 2021

Stocks

I am new to investing. Any thoughts of buying SIA shares with the intention to hold on for long term? Given that the price is quite low, is it a wise choice?

Any views on the performance of SIA in the coming years (i.e. 5-10 years)?

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If I'm not mistaken, the airline industry is extremely competitive and airline companies are currently burning through a ton of cash. Therefore, if Spider Solitaire 2 Suit believe that they will survive, thrive even more in the future, and that the share price is undervalued, then by all means, go ahead.

I purchase some lots of SIA last year during the COVID-19. Not expecting to get returns in the near term, looking to hold for at least 10 years. SIA is Singapore national carrier, and the government will definitely do all it can to assist the airline ;D

Victor

30 May 2021

Financial Service Consultant at AIA

Be ready to hodl long...

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