How to Pick Good Singapore Dividend Stocks
|
We face one of the toughest choices every investor faces this year… Potential risks from a full-blown trade war, geopolitical tensions, war, AI bubbles… We ask ourselves: Will all these lead to a market crash? As I write this newsletter under the soft Sunday morning light, I can’t help but think about past market cycles I’ve been through -- including the 2022 tech stock crash, the COVID-19 shock. The thing is, the question that keeps us awake isn’t whether the market is going to crash or not. But what keeps us awake should be whether we continue to protect our wealth safely while being able to take advantage of opportunities, despite market crashes. What matters most is how we are going to pick good dividend stocks to accumulate our wealth for retirement. Over the last 12 years, Sheng Siong’s shares have continued to climb. Despite market cycles, this supermarket giant continues to grow its dividends and earnings year after year. In fact, it’s now earning close to S$140 million in a single year. Will Sheng Siong become a global juggernaut? Not really. Yet I find it hard to imagine a market crash will threaten Sheng Siong’s performance for at least the next decade or decades. I’m sure companies like Sheng Siong are high quality dividend growers that can continue to protect and accumulate your wealth. The reason for its success? Its ability to sell habit-forming products and services. I can’t stress enough. These businesses get customers to use their stuff again and again, that... It forms a very strong habit around the customers. Last week, I shared more about habit-forming services on my recent CNA Money Mind Interview, where I shared my thoughts on how investors can build passive income by picking good Singapore dividend stocks. Especially at market highs. Especially when during market crashes. Click here to watch my interview with CNA Money Mind Sometimes, investing can be simple. Willie Keng, CFA Founder, dividendtitan.com P.S. Like this issue? Click HERE to join other dividend investors reading my DT Compound Letter. I send my regular letters to your inbox. |
Dividend Titan
“Willie, I can’t watch over too many stocks.” My long distance cousin, Anna (not her real name) said to me earlier during Chinese New Year. We were talking about investing when I told her how many stocks we need to own. She said: “I only hold three to four ‘really good’ stocks. That’s it.” Over the last 16 years, I learned one simple truth about investing: it’s ok to have a larger number of stocks in your portfolio. I know, a portfolio with many stocks looks messy. And no one likes a messy...
I’d be worried too. You’ve saved up money. You know now is the time to get started investing. But you also know you can’t afford to make heavy mistakes in the stock market. I got this during my The Secret to Portfolio Creation for Retirement webinar a few weeks back… Willie, Is it too late to start investing? Is dividend investing suitable for someone in the 60s?? You'd be surprised over the years, I've found many highly successful, ordinary dividend investors who have amassed dividend income...
We’ve got a terrible war at hand. Whether it’s about to end soon or not, it’s hard to say. But I’ve been watching Singapore REITs fall lately because of this. Not good, not good... Credit: Singapore Exchange iEdge S-REIT Leaders Index What’s happening in the Middle East is obviously making people nervous. There's fears that interest rates could go back up because of higher oil prices and rising inflation. What’s more, the Fed recently put interest rates on hold before further cuts. That made...