Dear readers, I have been sharing a number of Hard Truths on SG Stocks Investing. For example, I have been sharing my views that the global and Singapore stocks markets are due to undergo a stocks markets correction soon with a near-term support of 2,500 for the Singapore Straits Times Index (STI). As well as a 2,000 target for the STI when stocks markets undergo a financial meltdown. I know this may not be welcome for investors who are thinking of entering the stocks numbers in the near-market. Given the growing uncertainties in the global financial and stocks markets, the trend is evidently downward. This is one hard truth that investors have to grapple with.
And there is another hard truth that due to the ongoing Covid-19 and the uncertain state of the global economy, it is very possible that businesses reduce or stop paying their dividends to investors who have been holding on to the stocks for dividend income. This is another hard truth for investors. Imagine having parked a main bulk of your capital in investment to earn dividends only to note that dividends are being cut or reduced.
And in today’s post, I am going to share another Hard Truth. This time round, its for investors who invest in US stocks. For US stocks investors, I know that some selected US stocks may offer potential of multiplying one’s capital multi-time especially if these stocks are potential multi-baggers. But I really have to warn investors to be careful of how the US dollar play out against other currencies. Some go as far as saying that the US Dollar may crash one day. Hence this is a Hard Truth that the US Dollar may not be as resilient as before.
Note: this article was first published on SG Stocks Investing on 3 Aug 2020.
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