how come some ppl can get 100 to 200k per yr of dividends?

[FrontierX]

For me is inheritance. I should be in line to get ard $3m inheritance when all is said and done. Now just hustle at work and be a good kid can liao

 

[cleffa3000]

They rich mah

 

[win_man]

AK71 got 231K div

 

[esandwich]

I am one of those bloggers.. To be honest, it took me 30 years to achieve 6 figures annual and average monthly 5 figures dividend income. I am not someone with inheritance or high paying job (still a chao engineer) . If you are a average peasant like me, you can only work hard, save more and let investment compound...Eventually, you will reach 100-200k

salute you. indeed early financial freedom takes a lot of discipline and sacrifice.
the first money suckers when we work is usu car. then better car and go on. in the whole ownership every 10y $250k at least gone. so if one been driving 30y, thats 750k of money that could have been in an asset class.

then comes ppty and kids. ppty for me is no longer a strong asset class like in the past, sg has reached its 6.1m population, the trajectory wont be like in the past 10-15y. but pple take 30y loan, pay half mil of interests and lost the chance to use their cashflow in other more productive assets.

 

[benobiwan]

i sometimes see finance bloggers/youtubers say they last year get 100 to 200k of dividends

the typical sg stock div yield about 3-5%, means they have a few million in sg dividend stocks???

i tot sg dividend stocks low capital gain, how they accumulate so much?

they save up and invest instead of yoloing..

 

[Laguna123]

They do during a financial crisis. That's when one should move in big time to mop up the shares.

This is normal I guess, during FC everything stock and market also drop.

 

[andyhtc]

This is normal I guess, during FC everything stock and market also drop.

Some companies' share prices dropped and never quite recovered.

I'm more conservative when it comes to shares, and I only go for local bank shares.

 

[Laguna123]

Some companies' share prices dropped and never quite recovered.

I'm more conservative when it comes to shares, and I only go for local bank shares.

True also, some company just bankrupt during FC.

 

[homer123]

Is this you?

no, he is a famous blogger .. Seriously, I doubt his number because he worked as an accountant and retire at 45. The number doesn't add up even though he said he made a killing in the stock market during GFC.

 

[Unic0rn]

For me is inheritance. I should be in line to get ard $3m inheritance when all is said and done. Now just hustle at work and be a good kid can liao

$3million dollars in inheritance? mine is only $30k because boys weight more than girls light

 

[0218crawford]

number is definitely real but picture is not complete. meaningless to show how much one is collecting but din show the full underlying.
in layman's term: collect so much div, safe or not?
in technical terms: whats the portoflio beta?

in sg context, most folks already doing this low level strategy:
buy the local banks, pepper it with reits and some other div paying stocks. wa la. if capital large enough, u have your few hundred k dividends.

 

[Dividends]

Worked and saved their whole lives with a relatively high income, successful business ventures, inheritance, got lucky with investments/property.

Don't compare so much, envy is poisonous, just make do with what you have.

 

[glarerder]

Have rich parents

 

[beano]

For me is inheritance. I should be in line to get ard $3m inheritance when all is said and done. Now just hustle at work and be a good kid can liao

Cash or combination of asset and cash

 

[PaulLevesque]

They got alot of money lo

 

[Sadisticnoob]

A lot of those 200K passive income picked up stocks cheaply during 2008 GFC

 

[chainsawman]

so many rich people in SG

 

[homer123]

A lot of those 200K passive income picked up stocks cheaply during 2008 GFC

You need to have capital to pick up stocks during GFC... Most investors are suffering huge paper loss at that time... Unless , you leverage to the max on margin to buy after GFC, However, if one is unlucky, they could have bought a bankrupt stock. That's why I always feel many bloggers are not transparent about where their capital come from to generate 200k dividend.

 

[standarture]

no, he is a famous blogger .. Seriously, I doubt his number because he worked as an accountant and retire at 45. The number doesn't add up even though he said he made a killing in the stock market during GFC.

Thats why people must buy lambo or expensive cars to prove they are rich. In any case, if got so much money why dun enjoy life? Only like to stare at fat bank account?

 

[Trader11]

https://singaporeanstocksinvestor.blogspot.com/2024/01/4q-2023-passive-income-why-smile.html

He benefit from real estate boom