Dear readers, in the previous few posts, I have been touching quite a lot on Singapore stocks. In this post, let us turn to the US stocks. US stocks, like many others have been beaten down recently due to the vagaries which we have seen in the macro environment. To long-term investors, this has presented a good opportunity to load up on some good quality US stocks, especially if investors feel that the medium outlook for equities is still positive.
And for Singapore investors, this may now be one of the Best times to invest in Singapore stocks right now. For DBS has mentioned that the Singapore dollar could weaken to 1.42 USD dollar by year-end. This means that going forward, buying US stocks with Singapore dollars would be more expensive. On the converse, for investors who buy US stocks now and sell later, they would profit more due to the higher USD/SGD exchange rate then.
For me, I have been loading up some US stocks recently. Not to mention exactly which US stocks I have bought, but readers who understand the concept of “Mutibagged by Selective International Picks” in the tagline “Stable STI Core, Multibagged by Selective International Picks” will know that it is a long-term investment into potential international multibagger stocks. Stocks like JD.com and Baozun which I am interested in and which more importantly satisfy the aforementioned criteria.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! I also run another blog Singapore Stocks Investing with similar useful insights! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
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