Dividend investing recommendation

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Davo23

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Hi all,

I am planning to go for dividend investing route. I will hold and dca and its only in SGX stocks & reits. My objective is to have my dividends to cover my expenses for now and then next target will be to cover expenses + partial salary.

May I know if you guys hold your large amount of stocks in CDP or Custodian account? Any brokers to recommend which will be safe to keep large amounts inside for very long term dividend investing? DCA will be in lumpsum say twice a year so maybe commission per trade will not be a big issue for me as I wont be trading.

Appreciate if some seniors here can advise and recommend me.

Thanks a lot!
 
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Davo23

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Ok will do. How abt brokers which are safe? Cdp or custodian for large amounts?
 
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limster

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reddevil0728 said:
I think CDP “safer” and more flexible.

but it also cost more
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if more and more are putting their Singapore shares into custodian, it means fewer shares held by CDP which might mean that your CDP shares got more chance of being loaned out to earn you some coffee money.

Last year i've been earning coffee money for lending shares out in CDP.
 
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limster

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Davo23 said:
Bro Limster, so which broker you use? Basically im into sgx only,
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I used Poems, FSMOne, Standard chartered. Each has its own plus and minus, but frankly too many people get paralysed by choice of broker. I would say spend 30min reading each website and make up your mind quickly so that you can start invested. Imagine those investors who miss out on the rally because they cannot make up their mind which broker to use....
 
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TheHeist

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limster said:
if more and more are putting their Singapore shares into custodian, it means fewer shares held by CDP which might mean that your CDP shares got more chance of being loaned out to earn you some coffee money.

Last year i've been earning coffee money for lending shares out in CDP.
Click to expand...

Any idea what's the possible risk? For example unable to recall the shares you loaned out to the borrower?
 
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yuzu28

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limster said:
if more and more are putting their Singapore shares into custodian, it means fewer shares held by CDP which might mean that your CDP shares got more chance of being loaned out to earn you some coffee money.

Last year i've been earning coffee money for lending shares out in CDP.
Click to expand...
How does this work? How to get the kopi money?

And ur fsmone is for purchase of shares to be placed in CDP?
 
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dappermen

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Robo - SYfe reits! pays divs too .....But must invest 20K* to get it bk (if lesser will be reinvestd)

* : tot pf in SYFe exept cash mgt
 
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dappermen

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Davo23 said:
hold and dca and its only in SGX stocks & reits. My objective is to have my dividends to cover my expenses for now and then next target will be to cover expenses + partial salary.
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WHY ONLY rEITS , why dca?

some luv STI ? but nt me!

fsm1 very reputable & safe though nt CDP
 
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dappermen

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ibkr ? comp & c 4 yourself (u r into sGX mostly)
https://blog.seedly.sg/cheapest-brokerage-singapore-comparisonhttps://blog.seedly.sg/the-ultimate-cheatsheet-cheapest-stock-brokerage-in-singapore
Some has maintenance chg etc
image


image
 
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dappermen

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BBCWatcher

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dappermen said:
not evry1 go 4 growth sh....
& also now growth stks r too high - sector rotatn they claimed or "correctn" (too much pr movmts to take even when it is Not)
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I'm trying to understand your logic. Are you trying to time markets, and your sense of timing indicates that so-called "dividend stocks" are more likely to generate higher forward returns (gains plus dividends less costs) than so-called "growth stocks" (also gains plus dividends less costs)?
 
jack-320

jack-320

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1. DBS vickers cash upfront. Direct CDP
2. SPDR STI ETF


read shiny things thread and recommendations and plan your investment

based on your financial objectives, financial situation, and risk tolerance
 
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