I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

Click to email CW8888 or Email ID : jacobng1@gmail.com

Welcome to Ministry of Wealth!

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

Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Tuesday, 29 November 2022

Here’s How Much You’d End Up with If You Had Invested S$7,530 in DBS During 2003 SARS Period Two Decades Ago

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!



  1. CW,

    Your real people true story example is great to illustrate the difference between starting young and starting late:

    Example 1 - Age 25

    $7,530 invested in DBS has turned into $43,130 after 20 years at age 45

    Example 2 - Age 45
    $75,300 invested in DBS has turned into $431,300 after 20 years at age 65

    Size matters!

    It doesn't help if at age 45 you can only "afford" to invest $7,530 in DBS...

    Someone who can sock $50K every year under his mattress for 20 years at age 45, with ZERO compounding gains (4% yield - 4% inflation) may do better.

    Well capitalised Save More wins over undercapitalised Earn More!

    I fair or what? Once in a while must poke Earn More myself too ;)

  2. Saving or investing is a Money Game and Size really matters! Earn more and Save more is the real winner as saver or investor.

  3. After so long still no chance to touch cpfis. Sianz


Related Posts with Thumbnails