Let’s Jom
:
Don't worry, it has been consistently paying dividends for many years, and the dividend yield of 6.5% is higher than the one in the EPF, so you can profit from holding it. Just wait for the rebound and make a profit at 0.60 in both dividends and stock price.
Let’s Jom
104742191
OP
:
The overall market is declining, instead of viewing it as a stock price drop, dividend stocks can be seen as an opportunity to buy at 7% return. Either way, the price will eventually return to 0.50-0.60, sell when it reaches there, and earn interest in the meantime.
On the other hand, you should be afraid of speculative stocks without dividends, because once you are trapped, there is no interest income, and stocks without fundamentals are difficult to recover after a drop.
Let’s Jom : Don't worry, it has been consistently paying dividends for many years, and the dividend yield of 6.5% is higher than the one in the EPF, so you can profit from holding it. Just wait for the rebound and make a profit at 0.60 in both dividends and stock price.
104742191 OP Let’s Jom : Pity stock
Let’s Jom 104742191 OP : The overall market is declining, instead of viewing it as a stock price drop, dividend stocks can be seen as an opportunity to buy at 7% return. Either way, the price will eventually return to 0.50-0.60, sell when it reaches there, and earn interest in the meantime.
On the other hand, you should be afraid of speculative stocks without dividends, because once you are trapped, there is no interest income, and stocks without fundamentals are difficult to recover after a drop.