A 7% dividend yield is not the same as a 7% return. I held Suntec REIT and OCBC for around 20 years, but the outcomes were completely different. Suntec REIT paid me almost S$40,000 in distributions over the years. Yet because those dividends were not systematically reinvested, my unit count remained at 23,000. OCBC paid a lower dividend yield, but whenever the scrip dividend option was available, I generally chose shares instead of cash. Together with business growth and the 2014 rights issue, my OCBC holding grew from roughly 2,000 shares to 3,113 shares, now worth about S$85,000. The key lesson is not that REITs are bad or that banks are always better. The real lesson is this: Dividends do not compound. Reinvested dividends compound. A high yield may feel rewarding today, but long-term wealth depends on whether the cash remains invested, whether the underlying business grows, and whether you have the discipline to keep the compounding machine running. Figures in this video are based on published distribution records and my approximate historical purchase prices. Some calculations are illustrative and are shared for education, not financial advice. Hashtags #1M65 #DividendInvesting #SuntecREIT #OCBC #SingaporeInvesting #SGX #REITs #DividendReinvestment #CompoundInterest #LongTermInvesting #FinancialFreedom #PassiveIncome #WealthBuilding #InvestingLessons #SingaporeFinance...