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Journey To Retirement (CPFIS) Part 4.1 / Part 7 — OCBC / SGX
By ccloh Strategic Investor Zone  •  September 28, 2021
Vested in OCBC using CPFIS in 2015 and somehow almost forgot about this investment only when last year due to the Covid-19 pandemic that I realized I have this investment when organizing all the investment portfolios.  Since then, made a decision to strategically switched out OCBC with SGX. The tactical switch was finally completed after months in selling (OCBC) and buying (SGX).  OCBC was vested in 2015 at $10.40/share.  Along the way there was an addition coupled with collecting scrip as dividend.  As a result of that, the eventual holding price was $9.183/share before the tactical switch.  The tactical switch from OCBC to SGX though saw a 8.25% reduction in the number of share, the vested capital was able to reduce by 9.65%.  As such, the holding price of the SGX after the tactical switch was $9.0434/share. The following reasons were being considered to make the strategic switch. 1.  Stability of the company...
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By ccloh Strategic Investor Zone
Am a typical retail investor who started investing in stock market in 1993, the same length of period as SingTel was listed in SGX and ironically SingTel was my first vested stock. Back then was a passive investor and started to turn more active in stock market in 2006. A year later when I switched my engineering job to a finance related one, I became what commonly known as trader ( trade for living ) and at the same time also strongly believe in fundamental/value investing that is the way to growth wealth. In a way I classify myself as a "Strategic Investor". As a trader, I track market movement daily and as an value investor, I am always on the lookout for cheap bargain to hold for long term.
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