Benefiting from interest rate hikes.

If our purpose is to generate passive income, why put money in fixed deposits when we can have a share of the profits generated by the banks?

Share as in sharing?

Shareholder?

AK so clever. ;p

Singapore banks will benefit significantly from interest rate hikes in the coming quarters.

The strategy to accumulate stocks of Singapore banks during the pandemic has turned out well. 

The investments should continue to bring home the bacon and in bigger portions too.

Bacon is yummy.

Sedap!

AK's YouTube channel with highlights from DBS 1Q 2022:

Huat ah!

Related posts:
1. Buying DBS, OCBC and UOB.
2. Higher dividends from DBS, OCBC and UOB.
3. Largest investments 1Q 2022.