TOP DIVIDEND STOCK FOR 2022 ~! 💥 This Industry Is BOOMING!

Опубликовано: 13 Октябрь 2024
на канале: Josh Tan - TheAstuteParent
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With inflation running high, the best way to store wealth is into assets and today we will talk about the luxury watch industry!

0:00 Introduction
Luxury watch is a top choice to buy amongst watches if someone has money

1:02 The Hour Glass - Hour Glass Ltd SGX: AGS
Understanding what is going on a macro level
Watches rank high on the list of collectables right now

3:40 Luxury watches are now a versatile accessory
Steph curry gave his teammates a customized ROLEX

4:50 Earnings of Hour Glass Ltd SGX: AGS
Market share of luxury watches where ROLEX is the biggest player
Customers now order online and go in store to have a collection experience.

Revenue has grown slightly but profits have sky rocketed

7:40 Reviewing balance sheet of Hour Glass Ltd SGX: AGS
Why it is a cash cow business.
The cash pile will likely grow and dividends may increase. Hence it is my choice as the top dividend stock.

8:27 Comparison between Hour Glass Ltd vs Cortina holdings vs Watches of Switzerland WOSG
Profit comparison and price/earnings charts.

#hourglass #luxurywatch #dividend #dividendstock

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We do not make any recommendations on whether a security is a buy/sell as every investor has different investment goals and risk profiles. The presentation of ideas from Josh Tan and TheAstuteParent are strictly for education purposes. You are advised to perform independent research yourself or seek a qualified financial adviser. We will not be liable for any losses directly or indirectly from the material. Some of the referral links in the video summary are products and services personally used by Josh Tan and they may pay an affiliate commission or referral bonus.
It is not an endorsement of the product unless explicitly stated and we will not be liable for any losses. The content in this video and any promotions mentioned is accurate as of the posting date.

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About Josh Tan:
Josh holds a degree in Accounting from NTU. In 2016, he co-founded the financial education website TheAstuteParent to provide detailed insurance plan analysis and financial planning tips.

As a ChFC Charterholder, Josh has agreed to be bounded by the ChFC®/S Code of Ethics. This includes, among others, acting in a professional manner when it comes to conducting due diligence on primary and secondary sources of investment-related data, and articulating his investment opinions based on his research and beliefs. Based on his research and analysis, he highlighted his beliefs and opinions, and illustrated the concept of time value of money, as of the time of the video.

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