People who follow me should know by now I invest in US stocks and European bank bonds. I have cashed out of all my SGX stocks since 2017.
I’m a born and bred Singaporean. I earn in SGD. Why wouldn’t I invest in companies in my own country and currency?
Well, actually I have. I dipped into the Singapore stock market when I was 16, going through my mum’s trading account. That was about 20 years ago.
20 years later, I’m still smarting over those loses. I had held various positions in “star” names like Hyflux, Noble, Keppel, Cosco, Singtel, and Starhub.
I followed the expert advice of the day from analysts here, who gave all these stock market darlings rave reviews and buy ratings.
Now, they are all crap. More than a couple went through scandals, false reporting and manipulation. Hard-earned savings wiped out