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Here’s How Much You’d End Up with If You Had Invested S$7,530 in DBS During 2003 SARS Period Two Decades Ago
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  December 1, 2022
Read? Here’s How Much You’d End Up with If You Had Invested S$20,000 in UOB a Decade Ago Last year, we conducted such a thought experiment with Singapore’s largest bank, DBS Group (SGX: D05). We showed that S$10,000 invested in a reputable bank would have garnered you S$25,688 in a decade. This is NOT a thought experiment; but Real People and True Stories on DBS! Uncle8888 invested S$7,530 in DBS and made S$43,130 in two decades or 573% ROC! Total dividends accumulated over 20 years is S$15,710 or 209% ROC; and it is kept safely in CPF OA earning 2.5% interests P.A. No compounding return. It is just holding on to DBS as Yield Hog over 20 years! Real People and True Stories on DBS Read? On why sound investing principles will always work??? (2) Read? DBS - Time in the market or Timing the Market? One Trainer Guru shouted DBS down to $6! LOL!...
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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