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Strategy to enter in DBS
Dear Gurus,
Happy Weekend investing 😀
I have already have position with $DBS (D05.SG)$ , bought before bonus share of this year. I am not a trader and long on it.
I have around 35K SGD to invest. I feel $DBS (D05.SG)$ is most safest asset in world and there is lot of potential to unlock. I am not looking to diversify in other two bank. now question how to enter into it.
What would be good strategy to put these 35K ? Any thoughts ?
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Money Lai : It seems to be in the accumulation phase right now and I think it will be good to take this chance to enter since you are going for long anyway. It should appreciate towards the end of the year.