On 25th of May 2018 , bought 3000 shares of SingTel at $3.34 each due to recent correction.
Reinvested the dividends collected & a portion of savings to make the money works harder for me.
Recently, I received a "blue bomb" & was shocked that I have to pay my taxes which is double of last year.
This is a good thing with ref to income earning but it stills hurts because my monthly expenses don't even reach that amount.
I also managed to persuade a few of my Colleagues to park their savings into Singapore Savings Bonds instead of bank Fixed Deposits.
It is a great feelings to know that you can influence other people around you which will sharpen their finances and will ultimately improves their lives many years to come.
Reinvested the dividends collected & a portion of savings to make the money works harder for me.
Recently, I received a "blue bomb" & was shocked that I have to pay my taxes which is double of last year.
This is a good thing with ref to income earning but it stills hurts because my monthly expenses don't even reach that amount.
I also managed to persuade a few of my Colleagues to park their savings into Singapore Savings Bonds instead of bank Fixed Deposits.
It is a great feelings to know that you can influence other people around you which will sharpen their finances and will ultimately improves their lives many years to come.
I believe that Singtel is a good buy. I increased my position in it last month too!
ReplyDeleteI share the same sentiment as you. The entry of 4th telco might be overhyped.The first 2 years is a survival game for TPG. if it cant capture sufficient market shares from 3 incumbent telco, it fate will be the same with Virgin Mobile who had tried to gain a foothold in SG many years ago but failed.
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