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4 Singapore Stocks You Can Buy and Hold Forever
By The Smart Investor  •  August 14, 2022
“Buy and hold” is a common investing mantra but it’s important to be selective on which stocks qualify. Ideally, you should look for companies with strong franchises, a competitive moat, and a track record of doing well through good times and bad. It also helps if these stocks pay out a dividend that can act as a stream of passive income. Blue-chip companies can qualify, along with businesses that generate healthy free cash flow and have strong branding and a dominant market share. Here are four Singapore stocks that I believe you can buy and hold for the rest of your life. VICOM Limited (SGX: WJP) VICOM is a leading provider of inspection and technical testing services. The group is a subsidiary of ComfortDelGro Corporation Limited (SGX: C52) and provides both vehicular and non-vehicular testing and inspection services. VICOM has a market share of close to 75% in the vehicle inspection market and the group inspected a record 523,639 vehicles in fiscal 2021 (FY2021)....
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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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