Today, I sold off my k1 Ventures shares at $0.162. Taking into account the various dividend pay outs in the last three years and after deducting off the commission fees, the annual return rate is average 3.33%. I made about S$1000 profit. Actually all long, I had never considered my holding in k1 Ventures as a form of “investment”. This is because back in 2010, I had wanted to pull out a portion of my CPF Ordinary Account (CPF-OA) monies and parked it under a stable stock before my HDB flat purchase. The intent was to sell off the stock at a later date and built up an emergency fund. Well after three years, k1 Ventures delivered and I got back my CPF OA funds.Dividend Stock
My decision to sell off k1 Ventures is not because of the stock performance. In fact, it has always delivered consistent …