another 100 dbs

 got another 100 dbs from poems account today

price at $31.8

buying on the dip

i sold 1000 dbs at around $35

its like more than 8% discount now

div yield at 4.5%

which is very good

they are likely to maintain their 0.36 dividend quarterly

also preferred dbs more than FCT

FCT dividend yield is around 5%

but when interest rate increase

banks will earn more

cause FCT will increase their rental

but they also have to pay higher interest rate

so DBS will get a better deal when interest rate rise

they are at the top of the stream

my POEMS have around 52k left

minus this dbs purchase

I have around S$48.5k left

got to balance between nibble the dip

and also conserve some bullets

especially if there is big sale in the US market

for the best US stocks like Googl, TSLA, AMZN, CRM

and maybe Opendoor