My dad always says "don't chase yield, let yield come to you." $DBS.SG at $57.78 with 5.8% forward yield fits that perfectly . 10-year SGS bond at 2.7% means 310 basis points spread for taking equity risk . Plus it's CPF and SRS eligible so tax efficient. People complaining about pullback from $60, I'm sitting here adding slowly. This isn't a trade, it's a wealth transfer vehicle. 🏦
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