Despite my criticism of our national media, they do produce rather good stuffs especially the money section. I usually just skip the political stuff about Singapore as they are totally detached from reality.
One of my favorite stock is StarHub as it gives you really good dividends and it is very safe. They have their subscriber base and nowadays communication devices like mobile phones have become a necessity rather than luxury item. Most people will forsake certain purchases than terminate their mobile lines. And we haven't even talk about the internet yet.
If you have 10k StarHub shares, you will be getting about $498 per quarter or $1992 per year. Doesn't that beat savings or unit trust? Your money is working hard for you instead of just sitting in the bank. StarHub has been very consistent in paying out dividends over the years. I believe it is also where many fund managers put their investment too for lack of ideas to generate returns. It is a no brainer and a sure way for them to answer to their investors. I suppose that's the reason why the stocks have been going up and up. Otherwise, there's no reason for the stock to keep going up as the growth in Singapore is limited. The danger is that the share price could fall as it is at its all time high.
My criteria for stocks are:
Other high dividend stocks.
One of my favorite stock is StarHub as it gives you really good dividends and it is very safe. They have their subscriber base and nowadays communication devices like mobile phones have become a necessity rather than luxury item. Most people will forsake certain purchases than terminate their mobile lines. And we haven't even talk about the internet yet.
If you have 10k StarHub shares, you will be getting about $498 per quarter or $1992 per year. Doesn't that beat savings or unit trust? Your money is working hard for you instead of just sitting in the bank. StarHub has been very consistent in paying out dividends over the years. I believe it is also where many fund managers put their investment too for lack of ideas to generate returns. It is a no brainer and a sure way for them to answer to their investors. I suppose that's the reason why the stocks have been going up and up. Otherwise, there's no reason for the stock to keep going up as the growth in Singapore is limited. The danger is that the share price could fall as it is at its all time high.
My criteria for stocks are:
- Safe (primarily blue chips)
- High dividends
Other high dividend stocks.
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