Should I see DBS shares now?

eagle SG

I dun need to. No rush.

Just_do_it_lah SG

From the look of the Candlestick Bar charts above, seems quite certain that the recent bear trend has broken the Fibonacci Retracement levels (even 61.8%)'. Almost all moving averages have turned down... the indicators are currently doing an adjustment... Have you have your safety belt on ?

eagle SG

i haven't been loading for quite a long time... accumulating cash for more divvy stocks later.

But I'm not selling my current holdings as I buy them for dividends, and embarking on my personal dividend reinvestment strategy.

If successful, this is what I can expect of myself:

ChoCoChips SG

i haven't been loading for quite a long time... accumulating cash for more divvy stocks later.

But I'm not selling my current holdings as I buy them for dividends, and embarking on my personal dividend reinvestment strategy.

If successful, this is what I can expect of myself:

wah

possible meh

wait ah

so u ish wan take lots of cash

and buy stocks

and live off the dividends?

eagle SG

wah

possible meh

wait ah

so u ish wan take lots of cash

and buy stocks

and live off the dividends?

Why not possible leh?

This is just in theory. In practical, I'm doing other things as well, and I think could go faster than that by end of 10 years?

Applying maths on real life is fun :)

ChoCoChips SG

Why not possible leh?

This is just in theory. In practical, I'm doing other things as well, and I think could go faster than that by end of 10 years?

Applying maths on real life is fun :)

but that's alot of cash leh

imagine 90k worth of dividends a year.

ur networth is gao gao lo.

Rooney9 SG

you also need to use your CPF money to work hard for you. you can use up to 40% of your CPF to buy shares, but once you sell, the amount will be channel back to your CPF acc.

eagle SG

but that's alot of cash leh

imagine 90k worth of dividends a year.

ur networth is gao gao lo.

at 7.5% divvy rate, it will only be about 1+ mil. Not a lot...

eagle SG

you also need to use your CPF money to work hard for you. you can use up to 40% of your CPF to buy shares, but once you sell, the amount will be channel back to your CPF acc.

My CPF haven't reach minimum sum of 20k yet la. I only reaching my 2 yr anniversary in the working world in 2 weeks time.

I have plans how to gain more than 2.6% with my CPF already. Try to earn enough within CPF to pay for HDB straight.

ChoCoChips SG

at 7.5% divvy rate, it will only be about 1+ mil. Not a lot...

but u ish buyin stable shares right

those that wont crash one hor.

eh good idea leh.

1 mil+ worth of stocks.

then roughly 90k/annum.

10 yrs laters got another 1 mil to invest.

i shall buy more toto from now on.

lol

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