FSL811
2022-05-15

$OVERSEA-CHINESE BANKING CORP(O39.SI)$One of the largest bank in Singapore. Investin Bank, is like deposit in the bank. 

Deposit in the bank, bank will provide interest. 

Invest in the bank, u may get capital gain and enjoy the dividend payout.

My result is one of the proof. I will get the dividend payout soon, $0.28/share!

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Comments

  • DonnaMay
    2022-05-15
    DonnaMay
    Would you consider investing in US banks?
    • FSL811ReplyJC888: 
      High interest of deposit, for sure interest will more higher in loan. Bank will earn more in the interest. If share price keep falling but the fundamental of the company didnt affected, i wil buy more
    • FSL811ReplyJC888: 
      My major focus on dividend. Capital gain consider a bonus.
    • JC888ReplyFSL811: 
      Let me rephrase questn - what if interest is "gd" n even increases overtime but share price falls overtime also... LOL... Just thinking aloud only... Peace out... Will not ask further... Hee hee
    • JC888ReplyFSL811: 
      Did u consider dividends and share price appreciation? Need to rethink?
    • FSL811: 
      Nope. Due to US dividemd i received have to pay for 30% tax.
  • EvanHolt
    2022-05-15
    EvanHolt
    Bank stocks are the safest stocks in the current market.
  • MortimerDodd
    2022-05-15
    MortimerDodd
    I currently hold OVERSEA as well.
  • HilaryWilde
    2022-05-15
    HilaryWilde
    Investing in bank stocks in a rate hike cycle is the right choice.
  • BurnellStella
    2022-05-15
    BurnellStella
    I totally agree with you dude.
  • gme1xxx
    2022-05-15
    gme1xxx
    see you at $10 [LOL]
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