Old News: He gets $24,000 a year in dividends

last SG · 2010-01-04T23:32:58+00:00

eagle, can you give me the website where I can queue and buy shares?

eagle SG

must be the plunge protection team trying to keep the Dow above 10,000 before all the big bad news come out later.................

I don't bother who caused it. All in my technicals.

eagle SG

Aztech is that company with the HQ at Paya Lebar, right ?

they used to be in computer business, right ? don't tell me now they do other things liao ah ?

They into marine and property quite long ago.

eagle SG

Just took few k profit for some Aussie trust fund... moving the funds to Starhub for even more defensive dividends play...

Remaining opportunity funds still stay untouched... And growing, with company extra bonus coming in next month

As romanista2001 SG

finally learn a costly lesson

but i got positive atitude

told myself Insurance maturing in 5 yrs' time got interest of $27,000+

so offset tis loss i still gain $16,000

my insurance agent told me that in S'pore, insurance companies must have the funds to cover all insured sums before they can sell any policies, i find that totally ridiculous................consider this.............

say AIA collects $2000 premium from a guy insured for say $100,000..................AIA would need to have $100,000 in the1st place................so why do they need to sell insurance when they already have the funds to do their investments...........plus they can keep all profits for themselves........

they have hundreds of thousands of clients...............can you imagine the amount of money they need to have in the1st place ? you can tell the whole thing is a ponzi-game...................

when all those trillions of derivative contracts are in trouble, they'll all collapse...........

JerryJan SG

insurance maturing in 5 yr's time................you that old meh ?

don't be that happy soon, apart from AIG which the US Govt is using as a backdoor to keep those mega banks on life-support, other insurance companies may collapse within 5 years...............they're holding trillions of junk derivative contracts...............didn't a major Japanese insurance co. collapsed last year or 2008 ?

that Insurance was a 10 yrs policy

think NTUC Income is safe - won't collapsed de

eagle SG

Next time put money into Starhub instead of some other bonds :)

I got 10 lots of Starhub for dividends :)

As romanista2001 SG

that Insurance was a 10 yrs policy

think NTUC Income is safe - won't collapsed de

wah.....27K interest from 10 years................you must have a ton of money in there or NTUC very generous..........

eagle SG

A chart I didn't share, but plotted on 4th Feb and posted on my blog

[2010Feb-1.gif]

As it turns out, rebounded 2 days later

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