Flochin
08-10 14:09
$OCBC Bank(O39.SI)$  

All the 3 Singapore banking stocks outperformed in their recent quarter earnings.  Price is rapidly trending up.  I had been accumulating this OCBC counter since it was priced @$4 decades ago.   Per lot was 1,000 shares then.   With a modest salary, to be able to accumulate the banking shares over time was a big challenge.  I'm glad I persisted.  Now they are serving me as the golden geese that lay golden eggs.  

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Comments

  • KittyBruno
    08-10 18:03
    KittyBruno
    Held through 08 too, these bank dividends really do the heavy lifting. You dripping them back in or just collecting now
    • Flochin
      I am still accumulating more when there’s a technical pull back dip. Had been enjoying the lucrative dividends as extra family outings and holidays.
  • TheMarketLens101
    19:23
    TheMarketLens101
    Congratulations! Will you continue to hold indefinitely? Or is there a target price that you will take profit partially or the whole lot?
    • Flochin
      Thank u. I’m keeping them as my retirement nest eggs. Hopefully the ‘eggs’ (dividends) are sufficient to sustain my lifestyle and the ‘geese’ (shares) eventually turn into legacy for my children and grandchildren.
  • trex88
    08-11 14:07
    trex88
    Great article, would you like to share it?
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