
have u also considered reits ? dividend yield also ~5%
SMRT , DBS , UOB, OCBC these are blue chips because of high ( >3%) dividend yeild and stable ( if low growth) business. All these companies can be bougt and forgotten and will pay you a dividend year after year. They can survive the ups and downs of the economy .
But really if you want buy and forget you can buy the streettracks STI Exchange Traded fund and reinvest all dividends. Considering the index itself has a dividend yeild aof around 3.5% you cant go wrong in buying and forgetting the ETF for the next decade. The ETF has all of the above shares plus lots more. Expect 6-10% annualised returns after dividends are reinvested over the next 10years.
I own a small amount of the STI ETF. I track my own stock purcaheses vs gains made if i had bought the ETF. Dividends must always be reinvested and fees and taxes subtracted while calculating retirns
But really if you want buy and forget you can buy the streettracks STI Exchange Traded fund and reinvest all dividends. Considering the index itself has a dividend yeild aof around 3.5% you cant go wrong in buying and forgetting the ETF for the next decade. The ETF has all of the above shares plus lots more. Expect 6-10% annualised returns after dividends are reinvested over the next 10years.
I own a small amount of the STI ETF. I track my own stock purcaheses vs gains made if i had bought the ETF. Dividends must always be reinvested and fees and taxes subtracted while calculating retirns
Is there any good blue chips worth buying now ? Any recommendation ? Is the market going higher and higher ?
Thank you.
thanks singaporegal,
but how do we know which listed companies are blue chip companies?
thanks
Hi victor,
Welcome to the world of investing!
Blue Chip - a stock that is deemed to be financially sound and has ability to pay out dividends in good or bad times
Welcome to the world of investing!
Blue Chip - a stock that is deemed to be financially sound and has ability to pay out dividends in good or bad times
hi all,
I am new in stock market.
just want to know:
1. what is blue chip?
2. how do we know if the stock is blue chip?
thanks