Rate Of ReturnBought SGX as attracted by its long term uptrend.
I suppose this is the only stock exchange in Singapore. Bull or bear market, profit or loss, SGX is here to stay and continues to charge its exchange fees in a steady manner. Dividend of 1.9% is nothing fantastic, but consider healthy and steady. With some heavy weight shares changing its lot size from 100 to 10 in the near future, transaction volume is anticipated to increase contributing to more fees collection and hence SGX bottom line.
After buying the first 100 shares, it rose >10% within a month. So I bought another 100 shares when it retraced.
Intend to keep this long term as ‘golden goose that lays golden eggs’.
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