Dear readers, Singapore stocks markets has performed well in 2024.
In terms of just capital gains, the Singapore benchmark indicator, the Straits Times Index (STI) has gained around 17%.
With such bullish sentiments, I am aware of many equally bullish analyst reports painting a rosy picture of Singapore stocks markets for year 2025.
Some analyst reports highlighted that there is scope for the 3 banking counter stocks in DBS, OCBC and UOB to head even higher in stock price. The projected rally of the banking stocks is estimated to lead the STI to reach around 4,500, as mentioned by other analysts.
With such bullish sentiments surrounding us at the start of the year, it is tempted to head right into new investment positions right now, especially when others are recommending one should start a new year with new and bold plans.
But there is really no need to invest right now.
Especially when stock markets are at all time highs.
There will be pull backs and opportunities to buy stocks cheaper.