Then, allocate 15% to long-term debt instruments and 30% to high-quality, growth-oriented stocks in Thailand and abroad. Include in the portfolio stocks with positive Environmental, Social, and Governance (ESG) impacts.
“Devote 10% to Capped Floored Floater Note derivative bonds for controlled returns, 10% to other derivative bonds, 10% to private assets, and 10% to commodities for risk hedging against uncertainties,” Sornchai added.
While economists advise investors to prioritise the international market, they also recommend keeping some Thai quality stocks and low-risk bonds in their portfolio.
Adding Thai stocks
Sukit Udomsirikul, chief research Officer at InnovestX Securities, predicted that the Thai stock market would experience fluctuations throughout 2024.
However, higher returns are possible compared to 2023 because the…
