Replying to
@koolgal:Joined shifu ! ๐๐๐น๐น//
@koolgal:
@rL @Shyon @KienBoon @1PC @icycrystal @SPACE ROCKET @melson @Zarkness @MojoStellar @vodkalime please join me in this exciting event to win more Tiger Coins ๐ฅฐ๐ฅฐ๐ฅฐ//
@koolgal:๐๐๐DBS
$DBS(D05.SI)$ bold forecast that the Singapore Dollar (SGD) could reach parity is more than just a currency call. It is a signal of Singapore's rising economic clout, disciplined policy and safe haven appeal. This opens up a rich canvas for my portfolio repositioning.
A stronger SGD means overseas assets, especially US Dollar denominated ones become cheaper over time.
Singapore Listed Companies like DBS, OCBC and UOB may see valuation uplift, not just from earnings but from currency rerating.
However even with a strong SGD, global inflation and geopolitical risk still persist. So investing in Gold ETFs such as $SPDR Gold Shares(GLD)$ would protect my purchasing power and serve as a hedge against inflation.
So if SGD truly reaches parity with USD by 2040, it isn't just a currency milestone, it is truly a celebration of how far Singapore has risen.
Majullah Singapura๐ธ๐ฌ๐ธ๐ฌ๐ธ๐ฌ๐ฅฐ๐ฅฐ๐ฅฐ
@Tiger_SG @TigerStars @Tiger_comments @CaptainTiger @TigerClub
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments