Personal Finance
1200% returns doesn’t look that bombastic when you annualize it
By Investment Moats  •  September 28, 2014

1200% returns doesn’t look that bombastic when you annualize it Bombastic

The Sunday Times have a good article written by Mr Goh Eng Yeow sharing his examples of how folks like you and me, the millennial, where everything seem to be expensive, can find a low risk way to keep up with inflation.

He shares his example of his early purchase of SBS shares and how you can invest in STI ETF to a similar effect:

When I started working in 1986, I had the good fortune of buying 1,000 Singapore Bus Service shares, which cost $3,000 and gave me a concessionary monthly bus travel pass.

I kept the shares, which have multiplied through various issues and stock splits into 16,040 ComfortDelGro shares and 1,200 SBS Transit shares worth a total of $41,000. That gave me a total return of 1,260 per cent over a 28-year period.

When you are working or talking with friends, you frequently hear bombastic figures like ...

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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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