Have been busy watching SG banks lately. Big share price swings on DBS and UOB while OCBC has been trending upwards. Traded a bit and glad to see support for all three banks.
Not easy to build a fortune on the market. DBS and UOB announced earnings today and the outcome is so contrasting. DBS heads north but UOB goes south. Overall, glad that it is still a very green day.
In times of market pullback, top 3 defensive stocks that will stay strong are DBS, OCBC, UOB. Wait for price to come down after ex-dividend and still waiting.. add more to collect dividends in good/bad times.
Looking forward to buy more reits with funds on maturity of t-bills as have been eyeing good reits that pay consistent dividends but no funds to buy earlier.
Opinions from "experts" very varied; no sure win formula. Prefer having a few strong stocks with consistent dividend payouts; avoid "risky" stocks with likely sudden high gain / loss.