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The best-performing counter in my portfolio is DBS $DBS Group Holdings (D05.SG)$. It crashed like many other stocks did during the coronavirus crash in 2020. The green arrow below indicates my point of entry. As you can see, I did not enter at the lowest point and there were several dips in between but I held on.
Of the three local banks $UOB (U11.SG)$ $OCBC Bank (O39.SG)$ $DBS Group Holdings (D05.SG)$ , DBS has the largest market capitalisation at SGD77.7B as compared to OCBC’s SGD46.8B and UOB’s SGD42.3B. Singapore’s three largest banks are major constituents of Straits Times Index $STI ETF (ES3.SG)$ $Nikko AM STI ETF (G3B.SG)$ and have good track records of dividend payment. The amount of dividends paid was dampened by the dividend cap imposed by MAS in July 2020 to conserve cash flow but the banks still managed to post sterling results; the cap has now been lifted. I’m looking forward to higher dividends in future. One thing I like about DBS is that it pays its dividends quarterly instead of half-yearly like OCBC and UOB.
% growth in capital to date: 33.6%
% dividends received to date: 4.6%
Overall % return on investment: 38.2%
If you enjoy this post, please click or drop me a comment below. Thanks.
Check out Long Term Investment - A Strategy For Growing Returns Without Sleepless Nights https://www.moomoo.com/community/feed/107495017873414?lang_code=2
Disclaimer: The above is not financial advice or a recommendation to invest. Past performance does not necessarily predict future results. Please do your due diligence and consult your financial advisor before making any investment decision.
Of the three local banks $UOB (U11.SG)$ $OCBC Bank (O39.SG)$ $DBS Group Holdings (D05.SG)$ , DBS has the largest market capitalisation at SGD77.7B as compared to OCBC’s SGD46.8B and UOB’s SGD42.3B. Singapore’s three largest banks are major constituents of Straits Times Index $STI ETF (ES3.SG)$ $Nikko AM STI ETF (G3B.SG)$ and have good track records of dividend payment. The amount of dividends paid was dampened by the dividend cap imposed by MAS in July 2020 to conserve cash flow but the banks still managed to post sterling results; the cap has now been lifted. I’m looking forward to higher dividends in future. One thing I like about DBS is that it pays its dividends quarterly instead of half-yearly like OCBC and UOB.
% growth in capital to date: 33.6%
% dividends received to date: 4.6%
Overall % return on investment: 38.2%
If you enjoy this post, please click or drop me a comment below. Thanks.
Check out Long Term Investment - A Strategy For Growing Returns Without Sleepless Nights https://www.moomoo.com/community/feed/107495017873414?lang_code=2
Disclaimer: The above is not financial advice or a recommendation to invest. Past performance does not necessarily predict future results. Please do your due diligence and consult your financial advisor before making any investment decision.
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crayon2512
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Interconnection is beneficial to Tencent and WeChat. Imagine that in the future, all shopping and watching short videos can be opened in WeChat. Then why should we open or even install Taobao and Douyin apps? WeChat will become an absolute super app, a traffic distributor, and a man at the top of the food chain. In the future, we may not know whether we are buying goods from Taobao or Jingdong, and whether the short video we watch is Douyin or the video account. There can always be only one social network, and the others can only be the others among the many others.
$TENCENT (00700.HK)$ $Alibaba (BABA.US)$
$TENCENT (00700.HK)$ $Alibaba (BABA.US)$
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crayon2512
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Mark your calendar! The next Apple event is scheduled for Sep 14 at 1:00 PM ET / Sep 15 at 1:00 AM SGT
Although Apple has announced its latest iPhone during a September event every year since the iPhone 5 in 2012, Apple saw a change in that pattern in 2020 due to production delays during the pandemic. This year, Apple will return to its usual September schedule, the event will be virtual again! This kind of carnival will also be live on moomoo for sure! Let's check out what cool stuff is coming up together!
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Although Apple has announced its latest iPhone during a September event every year since the iPhone 5 in 2012, Apple saw a change in that pattern in 2020 due to production delays during the pandemic. This year, Apple will return to its usual September schedule, the event will be virtual again! This kind of carnival will also be live on moomoo for sure! Let's check out what cool stuff is coming up together!
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Apple 2021 Product Launching Event
Sep 14 12:00
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