2023 has just begun but Chinese New Year is already upon us.
The Year of the Tiger looks set to end with a whimper rather than a roar as stock markets around the world fared badly in response to the twin headwinds of inflation and surging interest rates.
The Year of the Rabbit promises peace and prosperity, with investors finally able to catch their breath to reposition their investment portfolios.
And with this year being that of the Water Rabbit, it also symbolises a ray of hope for weary investors.
Parking your money in dependable stocks with healthy growth prospects should keep your portfolio safe even as the economy navigates these challenges.
Here are five reliable stocks that can help to usher in a prosperous Lunar New Year.
As a bonus, all of them also pay out healthy dividends.
ComfortDelGro Corporation Ltd (SGX: C52)
ComfortDelGro Corporation, or CDG, is a blue-chip land transport giant with a fleet of around 34,000...