There are two main school of thoughts when buying a stock. You either buy it for its dividend or for its growth, hoping it will unlock its value one day and perhaps become a multi-bagger. In my holdings, ComfortDelgro is currently one such stock. M1 used to be one, however prices have since fallen and it is no longer a multi-bagger stock in my portfolio.
You may ask why I am not selling ComforDelgro, since it has unlock its value? My reason is simple. Currently, I have nothing better to buy. Furthermore, I will draw down from my war chest first. The dividend yield for ComfortDelgro is not fantastic but while I hold on to it, I collect dividends from it.
After accumulating so many stocks over the years, I have almost forgot my basis for buying the particular stock the last time. As such, I decided to list down ......