This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!
"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder
"For the things we have to learn before we can do them, we learn by doing them." - Aristotle
It is here where I share with you how I did it!
FREE Education in stock market wisdom.
Think Investing as Tug of War - Read more? Click and scroll down
"Simply picking shares which have the highest dividend yields is not a particularly challenging process, as investment advisory firm The Motley Fool observes."
ReplyDeleteHahaha!!! This is a red herring AKA BS advice. Even bei kambings know better than to simply select highest dividend yielders for "stable income".
I'm sure those investors who bought into SPH, Singpost, Sembcorp, Keppel, etc 4 years ago did their homework into earnings growth, business prospects, cash flows, expansion plans, debt levels, balance sheet strength. And not simply becoz "high dividend yield".
Anyway stocks in Singapore not suitable to me for "stable income". Even for the so-called strongest backbone blue chip companies of Singapore economy, they haven't proven themselves capable of providing consistent increasing dividends year after year.
Singapore (and most Asian) stocks are mainly for capital gains. This means investing at the right times, going in BIG, and riding them for as long as possible until the trend changes.