Local banks not recession-proof, but long-term growth prospects look good

IN THE long run, staying invested in the equities market can pay off. Economies will grow as populations expand, and technological advances spur productivity gains. As consumer spending rises, businesses can enjoy profit growth.

While timing the market is tricky, buying Singapore equities merits serious consideration.

Singapore-dollar denominated investments enjoy the strength and stability of the currency. Many companies here serve a stable and wealthy home market, as well as faster-growing Asian markets.