From Cyberspace ...
September 26, 2020, 23:30•
4.2K
ONE STEP CLOSER TO SGD 6.00
$DBS(D05.SI) ...OIL BAD DEBTS!
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LOL!
Real person. Real waiting for $6 in GFC!
Read? On why sound investing principles will always work???
Real People. Real Story on DBS!
This ex-colleague who was some time also Uncle8888's lunch kaki.
During GFC 2008/2009; he was very keen to invest bigger on DBS; but in Mar 2009 he was still waiting for DBS to reach $6 before accumulating slowly!
When the market recovered he regretted big time; but; he did learn important lesson on investing!
This time in Jan 2016; when DBS went below $15; he started to accumulate slowly using his CPF fund as he has already reached 55 (Feeling rich with his bigger War Chest? How often can we beat CPF OA 2.5% with blue chip yield?)
In Investing; Your Account Size Really Matters! - CW8888
When DBS has crossed $19; he began to divest slowly. Uncle8888 last heard that he has fully divested all his DBS.
Probably once or few opportunities in SGX market in our lifetime that CPF members may feel confident enough to beat 2.5% risk free interest with their CPF fund to DIY.
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