🌟For years, international fun

🌟For years, international fund managers dismissed the Singapore stock market as a slow moving retirement village - a dull boring market with old school banks , matured REITs & industrial conglomerates. Not any more.

The Singapore market is now very much a vibrant market attracting global Institutional titans & ultra high net worth family offices looking for a safe haven to park their assets.

That is why my answer is A: I am still bullish on $DBS(D05.SI)$ $OCBC Bank(O39.SI)$ & $UOB(U11.SI)$

When DBS launches a campaign to hire 500+ young local professionals to scale its technology & wealth pipelines, it sends a clear message: Singapore is not just surviving the global capital migration, it is systematically dominating it.

Investing my money into our big 3 banks means I am choosing to collect great dividends while waiting for capital growth.

The banks have rewarded me well while the rest of the markets rides a roller coaster.

@Tiger_SG @Tiger_comments @TigerStars

SGX Weekly Market Review: STI Rises Over 1% Led by Financial Stocks and Record Highs for DBS, OCBC, and SGX

The Straits Times Index (STI) increased by approximately 1.24% to close at 5,698.43 on August 7, driven by strong gains in financial stocks. Key banks DBS and OCBC, along with SGX, reached record high stock prices, supported by positive earnings reports and renewed buying interest in the market.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Ah_Meng
08-24 10:30
Ah_Meng
Gee… I heard most of these 500 will be doing sales… investment-linked insurance types… which is something I had experienced buying. Mixed bags of feelings… insurance should be what it is, protection. Investment on the other hand should also be what it is, growth and wealth… mixing both together might appear enticing for many older folks who don’t really know investing and simply want more interest for their savings… if the sales pitch says as it is, I would be fine, since even the non-educated would have been informed. A pity, from my past experiences, sales are sales. There’s always a glorifying package that masks 🎭 the actual product. I can only say that as Singaporeans become more affluent (assets and CPF rich), with cars 🚘 being so expensive, those savings have nowhere to go to, it’s no-brainer for DBS to grab as much of this low-lying fruit 🍈 🍇 as possible, ignoring what happens when an insurance claim really rises. They are the salesperson problem, isn’t it? [Facepalm]
- koolgal:
  Thanks for sharing your experience.
- koolgal:
  All the best 🍀🍀🍀
- koolgal:
  May you have a winning week 🌈🌈🌈💰💰💰
- koolgal:
  Whatever the 500 new staff will be focusing on, will help to build DBS' coffers.
- koolgal:
  Creating more jobs is always good for the economy.
zuma
08-24 07:11
zuma
thx
- koolgal:
  Best of luck 🍀🍀🍀
- koolgal:
  May you have a winning week ahead 🌈🌈🌈💰💰💰
- koolgal:
  Appreciate your support 🥰🥰🥰
- koolgal:
  My pleasure 😍😍😍

Leave a comment

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