I tried something different this year—a roundup with different investors sharing their 2026 outlook. I did one with fund managers, and for this post, I sat down with the Dr Wealth Team.
Everyone on the team invests. Why wouldn’t we? We’re putting our own money to work, just like you.
So we best represent how individual investors are navigating 2026.
Given that there’s more content to consume nowadays, I wanted to keep this succinct. You get the gist without unnecessary words. I forced everyone to give me a few sentences per question.
I went with alphabetical order by surname.
Ready? Go!
Alvin Chow
Q1: What’s your 2026 base case + core strategy?
My base case: most stock markets deliver positive returns, but more volatile and not as high as 2025.
I’m staying largely invested in stocks and plan to add more when opportunities arise, using a mix of value, compounders, and momentum.
Q2: What are your biggest overweights/underweights?
Overweight momentum strategies in US stocks with sell rules to protect downsides—currently overweight memory and storage stocks, but that could shift as momentum changes.
Overweight HK and SG value stocks. They’re attractively priced and finally no longer value traps after the bull run this past year. Plus, government policies are supporting Singapore small and mid caps.
Underweight precious metals. I see speculative price moves as unsustainable.
Q3: What’s your single best idea for 2026?
Memory and storage stocks—SanDisk, Micron, Western Digital. They could deliver most of my returns if I capture the trend well and execute exits timely. The memory shortage from AI buildout is real, and the market may be underpricing it while everyone fixates on geopolitics, the US dollar, and precious metals.
Q4: What could break it—and what’s your rule if that happens?
These are momentum plays. Prices will reverse one day—we just don’t know when. And we can’t wait for news of slowing AI capex because stock prices lead fundamentals. That’s why exit rules matter. I use momentum ranking and technical support levels to guide when to sell.
Ke Qiyang
Q1: What’s your 2026 base case + core strategy?
Personally, I favour the commodity supercycle and a continued momentum in China AI and biotech sector in 2026. I continue to look for exposure to commodities. In addition, for AI and biotech, I favour companies that have exposure to consumers rather than pure R&D.
Q2: What are your biggest overweights/underweights?
Currently, I’ve been overweight silver and plan to continue to be overweight going into 2026.
I’ll also be favouring China equities especially with the Chinese government promising stimulus and support going into 2026
Q3: What’s your single best idea for 2026?
Goertek. It is positioned well for the growth in AR/VR glasses. It’s interesting because Xiaomi and Goertek has a partnership. Looking at how Xiaomi could rapidly grow and penetrate the EV market, it could be aggressive in the AR/VR market especially when many US companies and Alibaba have started to launch multiple version already.
Q4: What could break it—and what’s your rule if that happens?
There’s still a lot of pessimism towards Goertek largely from the past and its exit of apple supply chain but I’ll be more cautious if the price trades below CNY24.
Louis Koay
Q1: What’s your 2026 base case + core strategy?
Base case: a positive year, but not as strong as last year.
Strategy: stay invested and progressively top up during market pullbacks.
Q2: What are your biggest overweights/underweights?
- Overweight: China technology
- Underweight: U.S. equities
Q3: What’s your single best idea for 2026?
China technology funds offer catch-up potential, with valuations still attractive compared to their U.S. counterparts.
Q4: What could break it—and what’s your rule if that happens?
Trade tensions remain a key uncertainty. Any significant market breakdown would likely be triggered by an unforeseen black swan event, which by nature cannot be predicted—this is why precise market timing is impossible.
Christopher Ng
Q1: What’s your 2026 base case + core strategy?
My base case is that the STI would be slightly higher in 2026. The price-to-earnings ratio would peak at 15, implying an STI level of 4,800 if earnings rise in 2026.
The core strategy has not changed in six years. Balance local banks and REITs to attempt to make the portfolio indifferent to interest rate changes and collect 5% income to fund lifestyle needs. The satellite portfolio construction is where the excitement is, with Singapore depository receipts and dual-listings adding a level of stability over time.
Q2: What are your biggest overweights/underweights?
I’ve been exclusively investing in Singapore stocks, so there’s no surprise there. A core portfolio should look like this:
- A bank like DBS.
- A REIT like AIMS APAC REIT
- A business trust like Netlink Trust.
Q3: What’s your single best idea for 2026?
I’ve been harping on the high yields from United Hampshire REIT since 2016, with its current yield over 8%. As of now, I’m actually sitting on capital losses of $9.8k on my position, but I’ve already collected $ 33.2k in dividends. This is a very misunderstood REIT that was lumped with US Office REITs and continues to be ignored by the markets. And 2026 looks like a better year for REITs in general.
But this is just my second-best idea.
My best idea is to put $15,300 into SRS and then use the funds to buy my core holdings (see answer to Q2). If your income tax bracket is over 10%, that’s already a big win before you account for your investment gains.
Q4: What could break it—and what’s your rule if that happens?
2026 will be a fantastic year for REITs. This can be broken if inflation spikes and the Fed start to increase interest rates. This is unlikely to happen, as President Trump seems adamant about having a dovish chairman running the Fed.
Even if this scenario occurs, a balance of banks and REITs should partially immunise the portfolio from interest rate spikes.
Stay calm and collect dividends.
Ong Joo Parn
Q1: What’s your 2026 base case + core strategy?
Base case for 2026, low chances of a bear market event stemming from macroeconomic reasons, excluding black swan events. 2026 could be a mirror image of 2025, but better, with rates slowly tapering down. Stocks (SPY) should do another +15%-+20% returns per annum, barring any unfortunate events. Good to continue adding when markets undergo corrections from new tariffs or recurring Russian and Ukraine warfare.
Q2: What are your biggest overweights/underweights?
- Asset Classes – Overweight: Stocks; Underweight: Fixed income savings
- Region – Overweight: US, India, Africa, Vietnam
- Theme – Overweight: Energy, Infrastructure
Q3: What’s your single best idea for 2026?
Nuclear energy: Global X Uranium ETF (URA). While AI is still providing free basic prompts, the bandwidths and energy to run prompts, even to generate Italian brain rot content is never free. Chip stocks have soared due to bumper sales and profits, while energy stocks and ETFs have only just started moving.
Q4: What could break it—and what’s your rule if that happens?
Energy consumption and requirements could dip drastically if quantum computing breaks and rewrites the rules of computing. Lesser powered chips and lesser energy required. The demand for chips and energy will not grow exponentially as AI slowly plays a bigger role in our lives.
Bryan Tan
Q1: What’s your 2026 base case + core strategy?
I believe we are now late in the cycle. Unemployment continues to increase likely due to displacement arising from AI advancement. While some companies are re-hiring again, the pace is slow.
My strategy is to hold all stocks in my portfolio that I deem to command pricing power and demand while keeping a sizable cash reserve to capitalise on volatility.
Q2: What are your biggest overweights/underweights?
- Overweight beaten down tech stocks which are not part of the Mag 7.
- Overweight consumer discretionary.
- Underweight biggest performers for this year such as PLTR, AMD.
Q3: What’s your single best idea for 2026?
Single idea is on rebound of beaten down SaaS tech stocks such as Adobe and Salesforce. Strong moats still with growing cashflows and revenues.
Q4: What could break it—and what’s your rule if that happens?
Relying on technicals and key support levels to trim or add to positions.
Tan Sin Yee
Q1: What’s your 2026 base case + core strategy?
I see 2026 as a year of choppier markets and more uneven returns across sectors.
My approach is to use ETFs to build a diversified, defensive core, while tilting towards sectors with stronger long-term tailwinds.
Q2: What are your biggest overweights/underweights?
I currently hold STI ETF as a defensive income core.
Overweight: Plan to focus on Sector ETFs aligned with long-term structural growth (e.g. AI/tech) rather than broad market exposure
Underweight: Cyclical consumer discretionary and speculative assets like cryptocurrency
Q3: What’s your single best idea for 2026?
My best idea for 2026 is broad exposure to AI through ETFs rather than individual stocks – Global X Artificial Intelligence & Technology ETF (AIQ) for example. AI adoption is likely to continue moving from hype into real business spending, and 2026 should reward companies that are actually generating revenue from AI rather than just talking about it. Using ETFs lets me participate in the trend while keeping risk controlled.
Q4: What could break it—and what’s your rule if that happens?
If AI adoption slows or earnings fail to improve over time, I’ll scale back the position rather than stay invested purely on the story.
Alex Yeo
Q1: What’s your 2026 base case + core strategy?
- Mid term elections will see volatility.
- Key things to look out include the change of Fed and a slower interest rate cut.
- Exacerbated by Periodic China/US escalations.
Q2: What are your biggest overweights/underweights?
- Overweight: China Tech,US Staple, Crypto
- Underweight: Outperformers in 2025 (Metals, certain segments of chips). Also underweight on oil due to oversupply
Q3: What’s your single best idea for 2026?
Crypto – specifically Bitcoin (BTC) and Ethereum (ETH). Underperformed 2025. More interest and institutional blockchain utilization.
Q4: What could break it—and what’s your rule if that happens?
Unlikely anything could break it considering their prices are already down. Perhaps clear structural shifts away from BTC & ETH.
Well, that’s the roundup from the Dr Wealth Team.
As you can see, each of us has a different view of the market. One person’s overweight could be another’s underweight. These diverse views are more common than you think—and that’s what makes markets interesting and challenging at the same time.
Unfortunately, there’s no one right answer. Markets don’t operate according to 10-year series.
Hopefully these perspectives open up your thinking on how 2026 could unfold and challenge your assumptions.
Lastly, this is just a quick way to share our thoughts—not financial advice.
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