from the seminar SET in the City 2022 find new opportunities Let yourself invest with confidence inrising interest rates Analyze investment trends and prospects so you don’t fall out of trend. Organized by the Thailand Stock Exchange (SETTING UP)
on the subject “Adjust the wallet, organize the army, receive the rising interest rate” Find ideas for organizing and adapting your investment portfolio. What assets need to be removed or removed from the Mr.Win Phromphaet Assistant Chief Executive Officer High Net Worth Clients Bank of Ayudhya Public Company Limited or BAY said the investment market trend next year Even in the era of rising interest rates But next year, the outlook for large economies, developed countries like the US, Europe and the UK are still slowing down or have a negative chance. This gives global inflation a chance to adjust.
planned Poweredstill goodincrease interestFrom the beginning of the year to the middle of next year it will be at 5%, US inflation is likely to be controlled at 4-6% and will start delivering the contract in the second half of next year. and reduce interest in 2024
If the stock market can recognize it quickly from the middle of next year, there is a chance for next year.stock marketisbull market Returning from the bear market this year or next year, the US economy is negative. pressurize the Fed to return to cut interest rates faster. It will have a better effect on the direction of the stock market next year.
while next year, the economy of China, India and ASEAN is likely to grow 3-4%, especially China and India if the economy expands well. It should help support the world economy next year. Because the two countries are both producers and consumers of the world. Including investments in the US side will have the opportunity to return to emerging markets. including the Thai stock market
Positive outlook on Thai stocks in 2016 Let the index target reach 1,820 points.
trendThai stock marketIn 2023, Win said Krungsri Securities expects the recovery in tourism and domestic consumption to be a positive factor in the Thai equity market. Looking ahead, the index target for next year has risen to 1,820 from 1,700 at the end of the year.
Although the baht depreciated this year, foreign capital continued to flow in. And next year, the baht tends to appreciate. mid-year at 34 baht per dollar From supporting factors, foreign capital in the US is expected to return to Asian equity markets. in particular the Thai stock market with factors supporting the economy in the period of recovery from tourism Krungsri Research Department Thailand’s GDP is expected to grow 3.6% next year.
Although the short-term investment picture is still volatile and looks worrisome in any investment asset. But if you look at a 5-10 year long-term investment right now, this is an opportunity to invest to create good returns.
Mr. Win thinks the market is down right now. Possibility of making long-term profits especially when investing in risky assets in the year when yields have fallen sharply But in the next year the yields could increase significantly.
So there is a chance to win next year’s return on investment in risky assets like stocks. will see green again including investing in bonds throughout the Real Estate and REIT exchange There is also an opportunity for better returns.
on the sidebond fund I think there is still an attractive long-term investment of 6 months to 1 year, which still provides a 1-2% return in some funds, with the possibility of giving more deposit returns. It is expected that the MPC will have the opportunity to gradually increase the benchmark rate next year.
Invest in global bonds today even short-term fluctuations According to the direction of the US bond yield has fluctuated. But if you invest long term there is a chance to win a return on investment of up to two rebounds, both high coupons and profitable prices. Currently, the default rate of return on global bond investments is approximately 2 times higher than at the beginning of the year.
in the investment sectionWorld Equities US PE Equities it fell 15 times, still 27 times below the 25-year average. With a PE level of 15 times, if the investment period exceeds 5 years, there is a high probability (from historical statistics) that it will receive a positive return SSF and RMF tax savings funds which require a long term investment of 5 years or more
while other stock markets that fell to a very low level european stock market hong kong stock market Andstock market of Vietnam The share price has fallen to its lowest level in 10 years. The economy of these countries is still recovering or growing well in the future. This is an opportunity to buy very affordable stocks.
Another investment to watch out for is investing in global alternative assets such as real estate. and infrastructure Mainly Thai and Singapore REITs. Today’s yield is at the 6-8% level. This is an interesting entry point. From the price it has dropped a lot and has already given a high yield. There is still a chance to benefit from rising rents in line with inflation.
Investment portfolio recommended for 5 years or more
Combine core-satellite portfolio
Today, investors focus on organizing long-term portfolios for 5 years or more than 5 years because in the next year there will be a variety of investment assets around the world, including Thai equities, world equities, world bonds. alternative assets There is a possibility that yields will improve this year. Including lessons learned during past market volatility to limit downside risks.
Mr. Win suggested that investors shouldorganize the portoradjust the investment portfolioCore-Satellite Portfolio is a blend of 80%. It is a core portfolio investment focused on investing in a variety of assets. Diversify investments worldwide and the other 20% is an additional investment portfolio (Satellite Portfolio) in this portfolio is limited to no more than 5% investment per fund or all assets combined, no more than 20%, but if investors can take more risks Because they are young or have cash flows coming in every month. It may increase the proportion of the additional portfolio, but in the overall volatility of investments during this period, still think that the risk of loss should be limited in advance and still hold some liquidity
“When we have a lesson that hurts in the past it must learn. Therefore, long-term investment should go back to organizing the army to adjust the investment portfolio well sooner because if the market fluctuates the ports can still grow. not flashy But limiting the risk of loss is more, see that today there is an attractive investment pace can gradually put investments Especially during the market downturn and others are afraid. to buy things cheap have the opportunity to receive good long-term returns of 5 years or more. ”
