Venus168
2022-06-03

I will focus on financial and commodities stocks.  

The financial have the potential with the raising interest rate.  Beside the 3 local banks, I like Hong Leong finance which provides a good dividend.

For commodities, I like Bumitama Agri, Wilmar, which also give 3+% dividend.  With the Ukraine war still ongoing,  oilis still in demand. 

Not forgetting the crude oil, which has been at persistent high price. Stock like Rex will benefit from these few year high demand. 

For hedging against inflation, I still will look at Gold. Singapore gold stock miner like CNMC Goldmine. 

Let's hope that the Fed could bring down the inflation rate without slipping into recession. With that possibility, good to invest cautiously, with the money you don't need to use in the next 3-5 years. 


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Comments

  • PandoraHaggai
    2022-06-05
    PandoraHaggai
    Bank stocks would be a good choice. Would you consider buying DBS?
  • HilaryWilde
    2022-06-05
    HilaryWilde
    Thank you for sharing so many stocks. It looks like you have a very wide investment range.
  • Maria_yy
    2022-06-05
    Maria_yy
    Given higher interest rates, investing in oil and commodities is not smart
  • MortimerDodd
    2022-06-05
    MortimerDodd
    You're right. we can only invest with our spare money.
  • NEWBIE
    2022-06-03
    NEWBIE
    Thank you for this. Will look into these companies
  • Power1
    2022-06-03
    Power1
    Good idea! I hope so too
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