Sharing on some ideas
I would think that the interest rate hike will benefit bank stocks and likely will impact other counters. So, my plan presently is to capitalise on the current dip in stock prices to increase my positions for bank shares and wait out on entering on other counters. I have also sold off some of my Reits to take back some capital to be ready for a dip to buy them back at a lower price.
After the announcement of the interest rate hike resulting in the stock prices of other counters dipping, then that will be the golden opportunity to buy in.
If it really happens, as I have predicted, then would be a double win on both fronts.
After the announcement of the interest rate hike resulting in the stock prices of other counters dipping, then that will be the golden opportunity to buy in.
If it really happens, as I have predicted, then would be a double win on both fronts.
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AlfonsoDex OP 102951983 : it's in the main article, the FOMC meeting will be taking place on 15 ton16 Mar. probably after there will be news. Whether will affect or not, we have to wait and see. if you are asking for my perspective I don't think it has been affected since the firm details is not out. I am embracing myself for a dip actually. but of nothing happens, good.
karnithya : what are some bank stocks you are buying?
Sianzsation : Price in already.
AlfonsoDex OP Sianzsation : So confident. I hope you are right then
AlfonsoDex OP karnithya : all 3 SG banks
Sianzsation : Banks stocks up so much after the news. Only 2 things is unsure
1. Price in how many basis points
2. The actual impact when the rate hike come.
AlfonsoDex OP Sianzsation : bank stocks being moderated down because of war. On your pt 2, was my thought all the while, actual impact not felt yet. so is for Reits. I would expect it to drop when interest rate hike is officially announced