Invest
3 Solid Singapore Blue-Chip Stocks You Can Own Even if a Recession Hits
By The Smart Investor  •  March 14, 2023
The dreaded “R” word is on almost every investor’s lips. Yes, I am talking about an economic recession that may severely crimp demand for goods and services. The world has been grappling with soaring inflation along with a surge in interest rates over the past year. These troubles have spilled over into the stock market as businesses announce weaker earnings and report lower visibility on what may come. During tough times, it is a great idea to fortify your portfolio with blue-chip stocks. These stocks have a strong franchise and an enviable track record of weathering tough times. What’s more, they also pay out consistent dividends that act as a stream of passive income to tide you through a downturn. Here are three solid blue-chip names that should remain resilient that you may want to include in your buy watchlist. DBS Group (SGX: D05) Singapore’s largest bank needs no introduction. The group provides a comprehensive range of banking, insurance...
Read the full article
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.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance