I like the approach of investing in 'golden goose that lays golden eggs' (i.e. blue chips that consistently return yoy capital gains and healthy dividends). E.g. the 3 Singapore banking stocks (DBS, UOB, OCBC). In my attempt to source for more, I found this gem, Hong Kong Bank which yields yoy capital gains and healthy dividends in the similar range and fashion as the 3 mentioned banking counterparts.
This stock appears in 3 flavours:
HKEX - 0005.HK
NYSE - HSBC
SGX - HSHD (HSBC HK SDR 5to1)
I did a cash secured OTM sell put In the US market with the intent to buy at a discount. Didn't manage to buy at the desired discount but happy to keep the premium.
Those like minded friends might want to take a look and validate. Happy investing.
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