eveev
2022-04-30

My most memorable investment in Q1 2022 was my trading on $DBS GROUP HOLDINGS LTD(D05.SI)$. I bought its shares at below $33 per share in January and sold them near the height around $37 the following month, before war started when Russia invaded Ukraine. I would have held on to the shares for income as I found the dividend yield very attractive, but the western economic sanctions against Russia changed my mind. Even though the bank claimed that it has little exposure to Russia, I was concerned with the secondary effects of the sanctions. The expected stagnation due to record inflations not seen in decades and aggressive interest hikes by the Fed convinced me to take profit, while waiting for re-entry opportunity.

@TigerEvents@TigerStars@MillionaireTiger

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Comments

  • eveev
    2022-05-09
    eveev
    @TigerEvents It appears that @ngph and @pekss also have not received their rewards for their posts before the dateline
  • eveev
    2022-05-09
    eveev
    @TigerEvents Hi, I posted on 30 Apr before the deadline. May I know when will my rewards be credited? Thanks!
  • pekss
    2022-04-30
    pekss
    $DBS GROUP HOLDINGS LTD(D05.SI)$ has strong fundamentals and I would not mind holding it forever.
  • MR_Wu
    2022-05-01
    MR_Wu
    Good luck buying the stock later at your preferred price.
  • LouisLowell
    2022-05-01
    LouisLowell
    The current intensity of interest rate rises is truly unprecedented.
  • DonnaMay
    2022-05-01
    DonnaMay
    I can see you care about macroeconomics.
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