atans1

Tai tai’s luck runs out, heading for Woodbridge?

In Financial competency, Financial planning on 21/11/2020 at 7:19 am

DBS shares are really doing well while UOB’s shares juz doing OK reminded of the misfortunes of a tai-tai.

Earlier this yr, a 50-something tai-tai I know sold her DBS shares and bot UOB shares because she said UOB paid more in dividends. The brainless twit (not that brainless because when she was in her 20s, she married an ATM twice her age) didn’t realise that DBS pays its dividends quarterly, while UOB pays its dividends half yearly.

To be fair to her, she was most probably also shell-shocked when she did the switch because during the market collapse in March, she finally sold SPH shares that her ATM machine gave her many yrs ago and bot DBS shares in their place. She remained more faithful to her SPH shares than to her ATM machine: she’s estranged from her hubbie for years.

Her latest problem: the ATM machine stopped paying out.

She’s trying to stay sane by insisting that men still desire her and that she’s a savvy investor not to have sold her SPH shares until recently. Talks of her guardian angels, despite not believing in God or Gods.

Time to be warded in Woodbridge. She may not have the $ to pay for private treatment.

  1. […] Tai tai’s luck runs out, heading for Woodbridge? (Thoughts of a Cynical Investor) […]

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