Planning for my retirement in my 20s
$DBS Group Holdings(D05.SG$
Buying this stock to hold on to until my retirement about 40-50 years later
not lookong for quick gains, but want to secure my old age because just realised that in 20-30 years my savings will be worth a fraction of what it’s worth now. Only way to save now is to invest.
Have an amount of emergency cash and put the rest all into stocks
Buying this stock to hold on to until my retirement about 40-50 years later
not lookong for quick gains, but want to secure my old age because just realised that in 20-30 years my savings will be worth a fraction of what it’s worth now. Only way to save now is to invest.
Have an amount of emergency cash and put the rest all into stocks
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W kq : yup. agree![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
搞经济 抄底 加仓 : True. But buying in at the right timing will advance your retirement. Just a thought
blessmemore : singtel,bluechip,when issued early 1990s $2.(if buy by CPF $1.90).after>25yrs now still $2.33.Those hold for retirement..hahaha
blessmemore : DBS last peak 2007(sub prime crisis)abt $20.Next peak 2019(covid 19) abt $30.after 12yrs period only up 50% with 2peaks.annual cap gain <5%.SG shares n blue chip..hahaha
blessmemore : Tesla Jan2021 abt US$715.Thru last year ups n down, now Jan2022 abt US$1140(stillnot peak yet).1yr up by 60%.(shorten DBS with 2peaks wait by 11yrs.).SG shares n blue chip, for retirement?hmm
hahaha
Master Teo blessmemore : i assume you’re considering capital gains, but over time you can accumulate a good sum of dividends while investing in a safe company.
Samantha_tan : then why u still looking in this counter.. u must have bought some
Samantha_tan : he already said he not looking for quick gain.
Black Baron XIV blessmemore : You have obviously failed to input the value dividends. The outcome may not be TSLA levels of gain, but it is more than decent for safer haven blue chip stock.
blessmemore Black Baron XIV : Yes,the yearly dividend abt3% goes offset yearly inflation 2 to 3%.That left with cap gain to be considered as future retirement funds.
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