I usually recommend the banking stocks, $DBS GROUP HOLDINGS LTD(D05.SI)$, $UOB-KAY HIAN HOLDINGS LIMITED(U10.SI)$, or $OVERSEA-CHINESE BANKING CORP(O39.SI)$.
As much as this is a commonly held opinion,I do feel that these stocks and this sector inSingapore is a safe sector. Not only are there opportunities for long term growth, there are sometimes short term gains and dividends to be received.
As someone who is recommending stocks toothers, I also feel a sense of responsibility. So, as far as possible, I recommend low riskstocks, especially when recommending to friends who are investing for the first time. :)
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