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 When should I sapu Banks counters?, Public Bank, Maybank and CIMB

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Davidtcf
post Dec 15 2021, 08:37 PM

To the moon!!
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Joined: Jan 2003


If I have alot of money I would convert my money invest in US stocks like Tesla, Apple, Amazon, Pfizer etc. US stocks keep up2222. Not like local stocks up 20 down 20 in few days time. Cant maintain momentum.

Then invest in Irish domiciled ETFs like CSPX etc list here:
https://blog.seedly.sg/best-etfs-singapore-...land-domiciled/

Local stocks so many operators and manipulators. Lack of foreign investors. Not stable.

But yea incoming 2022 FSI tax might be bad for this plan. But don't care earn money via long term hold of US stocks and ETFS first. Gov can guling later to remove that stupid tax. Or once they get burnt they will remove it themselves.

This post has been edited by Davidtcf: Dec 15 2021, 08:38 PM

 

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