You can see the recent rise in DBS stock price has made its dividend @ $0.58 not so attractive as cash flow for volatile asset comparing to the 2.5% interest earned in CPF OA as fixed asset. It is a small premium paid to trade off for a peace of mind on the road to the next Bear market.
Last updated : 14 Sep 2019
I am 63 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.
Currently, two sons and one daughter are working.
I have been doing 20 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
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