Who Says Singapore Market Is Boring?

๐ŸŒŸ๐ŸŒŸ๐ŸŒŸWho says Singapore Market is boring?  Clearly not anyone watching the Straits Times Index recently.  The Singapore Market has gone from "boring but reliable" to "dependable with a dash of flair". 

The Straits Times Index (STI) has been on a tear - 11 straight sessions of gains and suddenly Singapore isn't just a footnote in global investing.  Singapore is now making headlines in a great way.

Why is Singapore Drawing Global Capital?

The 3 Singapore banks $DBS Group Holdings(D05.SI)$  $ocbc bank(O39.SI)$  and $UOB(U11.SI)$  have been hitting their all time highs with DBS leading the charge closing above SGD 47.00.  They are also dishing out generous dividends like they are hosting a buffet.  Other blue chips stocks like $SGX(S68.SI)$  and STI Engineering are also hitting their all time highs.

Beneath it all, the Singapore economy is doing well.  There is ample liquidity, a strong domestic currency, low interest rates and stable government that makes it a safe haven for investors to park their money.

Morgan Stanley even bumped up its MSCI Singapore target,   calling it a defensive gem in a world of geopolitical jitters and inflation hangovers.  Retail investors are catching on, with 7 in 10 now see Singapore stocks as a core part of their portfolios.

Dividend Stocks are the Darlings 

With global rates softening and volatility rising, investors are flocking to income generating assets.  Singapore's blue chip banks and SReits are leading the charge.

DBS, OCBC and UOB - solid earnings, generous yields and fortress balance sheets.

CICT, Ascott Trust, Parkway Life Reit - offering stable income from commercial, hospitality and heath care assets.

These are not just defensive plays, they are strategic sanctuaries.   No tax on dividends or capital gains, it is money straight to our pockets. 

The Smartest and Low Cost Way to Ride the Wave? 

Buy  $STI ETF(ES3.SI)$  as it tracks the top 30 companies on the SGX, giving you instant diversification across banks, telcos,SReits and industrials.  With a 4.3% dividend yield, paid every 6 months and an expense ratio of just 0.30%, the STI ETF is the easiest and low cost way to tap into Singapore's market momentum without having to pick individual stocks.  Maximum performance, minimum cost and stress. 

The Singapore Stock Market isn't boring.  It is the Warren Buffett of markets - Calm, collected and cash generating, quietly outperforming markets elsewhere. 

So the next time someone calls Singapore markets "boring,  I will just smile and check my dividend statement. 

@Tiger_SG  @TigerStars  @Tiger_comments  @Daily_Discussion  @CaptainTiger  @TigerClub  

# CapLand 52-W Highs: Are SREIT ETFs Smart Play?

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  • EarlBoyle
    ยท07-22
    Absolutely
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  • a9032
    ยท07-22
    Buy $STI ETF
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