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.