A 10-share board lot fits my investing style much better. I can split my purchases into smaller batches and DCA monthly instead of committing a large amount at one price. It also gives me more flexibility to manage my cash flow and take advantage of market pullbacks without waiting to accumulate a large sum.
This is a great move for retail investors. Lower entry barriers make it easier to build long-term positions in Singapore's quality blue chips. I hope SGX eventually expands this initiative to more high-priced stocks in the future. I'll definitely be watching $DBS(D05.SI)$ , $ocbc bank(O39.SI)$ and $UOB(U11.SI)$ closely and adding on weakness over time.
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- wobee·07-24 17:22TOPI just checked DBS's 5-year payouts — lot size cut helps, I care more if dividends stay solidLikeReport
- BingGibbon·07-24 17:22TOPI thought that too, still got burned on DBS lolLikeReport
