DBS (D05) and OCBC Bank (O39) have consistently hit new record highs, reflecting exceptionally strong performance within the Singapore banking sector
Years ago, bank stocks were often bought and sold for quick gains, but hindsight brings regret for not holding long-term to benefit from their stability and reliability。。。
Re-entering the market at these levels is daunting due to the fear of potential corrections or a crash, leading to hesitation despite the knowledge that occasional pullbacks are a known part of the cycle
The fear of "buying high" currently outweighs the regret of early selling, even though these stocks are recognized as effective defensive compounders
While no positions are currently held in these banks, the focus remains on existing Singapore defensive holdings in the hope that they will also deliver robust performance and steady returns
Tag :@Huat99 @Snowwhite
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