Fun fact
$DBS Group Holdings (D05.SG)$ Do you know that if you bought in a month ago when it was $33-34 and sold the shares now, the capital gains would have covered one year's worth of dividends already. Yet I bet you there are still people holding on just for $0.54 which I will never understand. Holding onto REITs for dividends make sense, but holding onto bank stocks just doesnt.
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R and R : People don't buy DBS for just 1 quarter dividend, but for many years of dividend. I bought during covid time at $19 and I have no intention of selling. Dividend is enough to cover my expense. Thats a long term investor mindset.
Red-Haired Shanks : Yes you are partially right, dbs price fluctuated in btw $31-34 in year 2022 to 2023, but doesnt mean its own value will stay within that range forever
try to pull long term trend since first day
unfilteredtruths OP R and R : Nothing wrong with that. I simply prefer to do a simple buy and sell every day quarter and I will get that dividend amount within a few days or a few weeks.
Why would I want to wait 12 months when I can get that amount within a few days or weeks. Rinse and repeat, and I will get way more than whatever dividends DBS offers.
unfilteredtruths OP Red-Haired Shanks : I don't need the value to stay in that range. I only need it to fluctuate.
R and R unfilteredtruths OP : That is just for you. Not everyone wants to play it like that. You said you don't understand so I explain it to you why people still wants to buy DBS now.
101754615 R and R : Good answer. Some "experts" or "influencer" wannabes just want everyone else to follow their thinking but are too arrogant to learn from others.
obliging Liger_8165 101754615 : Most of people buy DBS to hold for long term as savings cum retirement. Little people play short term. Anyway, up to individual preference, as long as gain money.
unfilteredtruths OP 101754615 : Sounds like someone has anger issues
Mr Pistachio : experts already target DBS price to hit $42++
unfilteredtruths OP Mr Pistachio : Experts? Who? One expert target 42, another target 50, another target 80. Which one you choose to believe?
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