Dear Mr. Tan,
I read from your blog there we can invest some blue-chips shares for long term. What are the blue chips shares can you lists some? Is F&N consider blue-chip? I think of investing for my children as they are around 13-15 years. Do you think is good? Please kindly give me opinions of what to do. Now the fixed deposit very is very low.
REPLY
I consider the 30 components stocks of the STI index as blue chips. These component stocks are listed in:
http://www.straitstimes.com//STI/STIMEDIA/sp/ftse08/Constituents1.pdf
F&N is a component of the index.
Today, X company is blue chip. Next year, will X company is a blue chip again? Can u predit?
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