The current Singapore stocks markets like others are waiting for the US Federal Reserves’ decision on interest rate hikes. My belief, like others is that the anticipation of a interest rate hike has been priced in by the stocks markets. While investors might be clueless on what to invest in this current stock markets, the good thing to do would be to treat investment as a long-term plan to grow one’s wealth. When one think long-term, one would think of what one would look out for in a stock.
1) It could be looking for a stock which trades no more than a 11 x Price-to-Book ratio
2) It could be a stock which decently rewards investors with good dividends to the tune of at least 5% dividend yield while the investors hold the stock
3) In addition, it is a bonus if the stock is undervalued; defined as having …