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3 Rock-Solid Blue-Chips Yielding More Than Your CPF Ordinary Account
By The Smart Investor  •  October 7, 2020
It’s natural for investors to seek safety during a crisis. Blue-chip companies are one such source as they comprise companies that are large, well-capitalised and have a track record of weathering multiple crises. But not all blue-chip companies are worth considering. When it comes to picking quality blue-chips, you should look for those that have a strong competitive moat, a market-leading position within their industry, and a long runway for growth. Be wary of companies that may look cheap at first glance, but represent value traps that should best be avoided. Finding suitable blue-chip companies to invest in for your CPF account is important as the Ordinary Account (OA) only yields a low 2.5% interest rate, barely sufficient to beat inflation of around 3%. Here are three solid blue-chip companies that are yielding more than what the OA offers. Singapore Exchange Limited (SGX: S68) Singapore Exchange Limited, or SGX, is Singapore’s sole stock market operator....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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