Post by account_disabled on Jan 6, 2024 4:23:26 GMT -5
Reveal strategies for selecting investment assets to increase wealth in 2024 Dr. Yanyong Thaicharoen (center), Senior Deputy General Manager Chief Executive Officer, WEALTH Business Group, Siam Commercial Bank Led the management team to organize the SCB First Exclusive Dinner for First customer groups to open up in-depth analytical perspectives on the overall economy. global investment Along with strategies for selecting investment assets to expand wealth in 2024, with Mr. Sornchai Sunetta (1st right), Executive Assistant Manager, Investment Office and Product, Wealth Business Group, Siam Commercial Bank, Ms. Ratthaya Thong. Rat (2nd right) Assistant General Manager Executives of the Wealth Strategy and Enablement Division, Siam Commercial Bank, Mr. Sukit Udomsirikul (1st left), Managing Director, Research Division, Innovest-X Securities Co., Ltd. and Dr. Kamphon Adireksombat (2nd left) Senior Director and Team Leader, SCB Chief Investment Office (SCB CIO), Siam Commercial Bank Attended a seminar at Bangkok Marriott Hotel The Surawongse recently.
The purpose of organizing this seminar is To create investment opportunities in 2024 for the bank's First customers, which in 2023 is considered a challenging year. From the fluctuating investment situation in the world market Telegram Number Data throughout the year, Mr. Sukit Udomsirikul thinks that in 2024 the SET index will increase. But there will be fluctuations throughout the year. The SET Index target is approximately 1,650 - 1,750 points and the important entry point is 1,400 - 1,450 points. For selecting stocks in 2024, there are the following principles to consider: 1) Choose a business that can grow sustainably. Have the ability to manage costs, such as raising the minimum wage The cost of commodity prices fluctuates due to unstable weather conditions or international conflicts. 2) Choose stocks that have innovations that help create businesses that are New S - Curve. 3) Low debt ratio. High debt repayment ability 4) Suitable for investment theme in 2024, emphasizing the country's economic cycle 5) Clearly giving importance to ESG 6) Be careful of businesses that rely on exports.
And may be affected by inclement weather conditions and 7) The price remains Undervalue for stocks recommended for DCA (Dollar -Cost - Averaging) investment, including BBL, BDMS, BEM, CPALL, PTT and SCC. Dr. Kamphon Adireksombat said that 2023 is a year of volatility, while 2024 is a year of expectations but must be careful, considering that each country's economy slows down differently. This is due to the impact from high interest rates. Tighter financial liquidity Lending is more stringent. There is also political uncertainty from elections in many countries. and protracted geopolitical conflicts. However, in 2024, it is expected that investors will have greater appetite for investing in risky assets. But it is still recommended to focus on investing in high quality groups for all assets, such as high quality bonds (Investment Grade bonds) and gradually accumulating quality growth stocks with strong balance sheets in the US, Japan and India.
The purpose of organizing this seminar is To create investment opportunities in 2024 for the bank's First customers, which in 2023 is considered a challenging year. From the fluctuating investment situation in the world market Telegram Number Data throughout the year, Mr. Sukit Udomsirikul thinks that in 2024 the SET index will increase. But there will be fluctuations throughout the year. The SET Index target is approximately 1,650 - 1,750 points and the important entry point is 1,400 - 1,450 points. For selecting stocks in 2024, there are the following principles to consider: 1) Choose a business that can grow sustainably. Have the ability to manage costs, such as raising the minimum wage The cost of commodity prices fluctuates due to unstable weather conditions or international conflicts. 2) Choose stocks that have innovations that help create businesses that are New S - Curve. 3) Low debt ratio. High debt repayment ability 4) Suitable for investment theme in 2024, emphasizing the country's economic cycle 5) Clearly giving importance to ESG 6) Be careful of businesses that rely on exports.
And may be affected by inclement weather conditions and 7) The price remains Undervalue for stocks recommended for DCA (Dollar -Cost - Averaging) investment, including BBL, BDMS, BEM, CPALL, PTT and SCC. Dr. Kamphon Adireksombat said that 2023 is a year of volatility, while 2024 is a year of expectations but must be careful, considering that each country's economy slows down differently. This is due to the impact from high interest rates. Tighter financial liquidity Lending is more stringent. There is also political uncertainty from elections in many countries. and protracted geopolitical conflicts. However, in 2024, it is expected that investors will have greater appetite for investing in risky assets. But it is still recommended to focus on investing in high quality groups for all assets, such as high quality bonds (Investment Grade bonds) and gradually accumulating quality growth stocks with strong balance sheets in the US, Japan and India.