Just a short write-up – I’ve maintained that a portfolio should be diversified to reduce risk. The old adage of eggs and only one basket holds true for me – I’ve been wanting to add some Bank shares to my portfolio for a while, but I always thought they were too expensive. The time to finally do so might be here.

Brexit has left a swathe of market volatility in its wake – stocks on our own SGX have not been left untouched. However, where there’s volatility in the market, there is also opportunity.

So OCBC Bank’s Q1 results were nothing to shout about. The banking giant reported drops in both revenue and net profit – 2% and 14%, respectively – due to lower mark-to-market income from its insurance subsidiary (Great Eastern) along with allowance for bad debt. However, dividend payments have been regular, and OCBC represents a blue-chip …