SG Wealth Builder

Sharing of personal finance experiences and thoughts

SG Wealth Builder

Sharing of investment insights

SG Wealth Builder

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SG Wealth Builder

Sharing of career insights

SG Wealth Builder

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Saturday, January 1, 2011

2011 Investment Resolutions

Its the start of the new year and I have made some investment resolutions. Firstly, I have decided to set aside a small amount of cash every month to invest in stocks. My objective is to beat the inflation that has been eroding the cash value in my bank account. In order to reduce the costs, I have decided to purchase stock through POEMS online rather than call up my broker.

Secondly, I have decided to shift my focus from value stocks to defensive stocks that pay divident regularly. Defensive companies are those whose future earnings are able to withstand and economic downturn. Typical they would have relatively low business and financial risks. Examples are Suntec Reit and Singtel.

I believe 2011 would be a boom year for Singapore's stock market. Given the tight labour market and increasing business revenues, this year could well be a good year for employees and investors.