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3 Bank Stocks to Look At Right Now
By My Sweet Retirement  •  December 5, 2023
Below are 3 bank stocks to look at right now. Today, the Singapore Stock market opened weaker because of the following overnight losses on global markets. I am not an expert in analysing banks but I know from the past investment seminars I attended that they operate by taking in money as deposits and then lending that money out as loans. The current high interest rates environment benefit banks as they can increase the interest rates charged on loans to businesses.
If you are keen what metrics to watch out for related to banks, Syfe has an excellent article here. As a dividend investor, I will be keen on the current dividend yield given that the share prices have came down from its peak recently. If you have subscribed to my blog, you should know that my stock portfolio is overweight on REITs....
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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