Read? Here’s How Much You’d End Up with If You Had Invested S$20,000 in UOB a Decade Ago
Last year, we conducted such a thought experiment with Singapore’s largest bank, DBS Group (SGX: D05).
We showed that S$10,000 invested in a reputable bank would have garnered you S$25,688 in a decade.
This is NOT a thought experiment; but Real People and True Stories on DBS!
Uncle8888 invested S$7,530 in DBS and made S$43,130 in two decades or 573% ROC!
Total dividends accumulated over 20 years is S$15,710 or 209% ROC; and it is kept safely in CPF OA earning 2.5% interests P.A. No compounding return. It is just holding on to DBS as Yield Hog over 20 years!
Real People and True Stories on DBS
Read? On why sound investing principles will always work??? (2)
Read? DBS - Time in the market or Timing the Market?
One Trainer Guru shouted DBS down to $6! LOL!
Read? DBS : ONE STEP CLOSER TO SGD 6.00