Are you kidding me ? Singapore SGX listed stocks, you buy, after 10 years later the price is still the same for majority of the stocks. It does not move. If you are lucky it raise $1-2 in 10 years. What is the point ? The trading volume is low and not much retail investors. Most are old school institution investors. .
Sad to say 99% stocks listed in Singapore stock exchange the prices don’t move much after 10 years. You buy at $2 and 10 years later it will be still be around $2. What is the point…LOL. The price is stable ??? It may even go south. Unless you buy like thousands or a million shares on the company to get dividends every year, otherwise i would not bother.I would rather buy US listed stocks or even ETF like VOO. You can buy 10 shares or 50 shares. How many shares you like. In SGX you need to buy minimum 100 shares … duh ?
Humm…there is nothing to watch. The companies shareprices listed on SGX are pathetic. After 10-20 years it just move like a few cents or a dollar. What’s the point. Only institutional buyers or buyers buying hundreds thousands or million of shares stand to gain from the yearly dividends.Rather buy stocks like Google or Facebook. on US Stock exchange NASDAQ via Tiger orMooMoo or SaxoTrader. I bought Google early this year at $1,726.13 per share (I bought only 3 shares) now the price $2,917.87 per share (within 1 year) it raise by about 70% profit !! And best part you can buy 1 share. or how many share you like. There is no minimum.At SGX you need to buy minimum 100 shares …. Duh ??!! All are useless low level and penny stocks.
Everyone thinks that Testla, X-Peng, NIO is going to rule the EV market in the future…that is not going to happen. Because if majority is driving EV in the future all the major automakers will also produce EVs.
When everyone waiting and expecting for a market crash soon. Then likely it will not happen. When everyone is vibrant and celebrating a booming economy, then the crash will catch you when most unprepared. That’s how the dice is rolled.