Kep Corp declared final dividend at $0.21.
Dividend paying stocks are good for Panda retirees and our entry price matters!
Buy when market crashes and hold long term as passive income or freehold retirement income for life!
Got it wrong! Suck Panadols for long, long time!
CW,
ReplyDeleteDifference heaven and earth right?
When yield hogs say just as long got dividends, they don't care about the market price of the dividend stocks they owned - that's euphemism for sitting on lots of red as in "unrealised losses" ;)
The ideal is like your first 2 Keppel entries:
1. Can call it long term value investing.
2. Can call it dividend investing with power safety net as even bear market -20% also won't go negative!
3. Can also call it "passive" investing? I mean buy and forget? Better than CPF's 4%! Got capital gain some more!!!
4. Then there's freehold investing!
Position doubled, sold half, balance vested position is totally "free"!
We are now only risking our "profits" in the market. Capital recycled safely back into war chest ;)
Of course not easy.
As your Keppel entry at $12.13 has shown - one day I'll breakeven suck Panadol "long term investment"?
If easy, who would want to voluntary contribute to CPF when they can get better yields outside of CPF?