Two Of My Forever Stocks
To make big profit in stocks, we have to buy growth stocks and hold them very long term.
It will be wonderful if the growth stocks are paying a decent dividend as well. Hence investors are rewarded while waiting for share price to move up.
Two such stocks in my view are UOB and OCBC. I classified them as my forever stocks. This means that I will only buy more and never sell them.
Below are the charts of UOB (United Overseas Bank) and OCBC (Oversea Chinese Banking Corp) for the past 30 years. Their share prices have appreciated 400% during the past 30 years period.
With expectation of interest rate going higher, this will benefit both UOB and OCBC.
UOB and OCBC can act as a natural hedge to investors who invest in bonds or REITs.
It will be wonderful if the growth stocks are paying a decent dividend as well. Hence investors are rewarded while waiting for share price to move up.
Two such stocks in my view are UOB and OCBC. I classified them as my forever stocks. This means that I will only buy more and never sell them.
Below are the charts of UOB (United Overseas Bank) and OCBC (Oversea Chinese Banking Corp) for the past 30 years. Their share prices have appreciated 400% during the past 30 years period.
With expectation of interest rate going higher, this will benefit both UOB and OCBC.
UOB and OCBC can act as a natural hedge to investors who invest in bonds or REITs.
Comments
Post a Comment