Eyes On Retirement

I started building my child's college fund when she was 6 months old.  All her 红包's are channeled straight into this OCBC account, and I registered for their Blue Chip Investment Plan (BCIP).  It's a monthly investment scheme into a blue chip stock of choice.  Both Ms EOR and myself contribute monthly to this BCIP account, which is an excellent way to force us to invest. I invest in 2 stocks at any given month, with Singtel being the base investment and the other being a cyclical. Singtel Telco's are considered a defensive sector, with a relatively stable income stream.  What I like about Singtel is that they are the market leader in Singapore, and also derive 50% of their profits from investments in other country telcos, thereby reducing the country risk.  They are trading at around their 52 week lows in 1H 2018, hence the dividend rate is 5+%, but I see the sustainable rate to be about 4+%.  I'm doing dollar cost averaging, so it doesn't matter that much