DBS bank confident of 15-17% ROE in next 3 to 5 years, CEO says
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SINGAPORE’S biggest bank DBS Group is confident of achieving a return on
equity (ROE) of 15 per cent to 17 per cent in the medium term or over the
next thr...
7 minutes ago
Hi Uncle8888,
ReplyDeleteReal life example of transitioning from get-rich investing to stay-rich investing. 👍
a highly recommended rule of thumb to stick to will be:
ReplyDelete(110 – Your Age) = % of the portfolio that should be in equities
Based on above formula, 110 - 65 = 45% in equities.
Hmm .. 53% is about there.