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
Share Your Most Memorable Investments
Share your most memorable investments & Win Tiger Coins. Additionally, you will have the opportunity to win a surprise gift.
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