Passive income thread

[BBCWatcher]

It is good to focus on passive income when you are young.

Why is that?

 

[Thoreldan]

I'm going for capital appreciation instead, don't need the passive income as I'm still earning a salaried income.

 

[existential_reality]

That works to be roughly 5.5% on your portfolio value, pretty darn good mate

My dividend collection record since I started my investing journey 9 years ago.
Aiming for $25k next year.

Received $328 from bonds and interests from savings.
In total, I achieved around $2k per month in 2018.

 

[hwmook]

Are u in your 40s now? Or late 30s? Hope I can achieve ur level of passive income when I’m ur age

Considered mid 30s lah, he is about the same age as me. Inspired me to invest many years back.

 

[TabascoSauce]

Considered mid 30s lah, he is about the same age as me. Inspired me to invest many years back.

is it? maybe i rmb wrongly then... i tot he was alr mid 30s when i first started dabbling in stocks in 2011.

 

[NewInvestor]

Why is that?

I was being encouraging lol

 

[hwmook]

is it? maybe i rmb wrongly then... i tot he was alr mid 30s when i first started dabbling in stocks in 2011.

You started slightly later than me, maybe I remember wrongly.

 

[BBCWatcher]

I was being encouraging lol

More seriously, earning an income (with progression), saving some of that income, and prudent, age appropriate, long-term investing is a formula that works better.

 

[havetheveryfun]

Too young to track passive income. I only track networth growth

you are probably older than DW and Tobacco..

 

[NewInvestor]

More seriously, earning an income (with progression), saving some of that income, and prudent, age appropriate, long-term investing is a formula that works better.

You could be right. And I am actually gravitating to your formula (with appropriate deviations) . Surely but slowly.

 

[Average]

Mine is $300 per yr

From govt

 

[SBC]

Mine is $300 per yr

From govt

Good Average figure. But not every year will have this $300 payout.

 

[OngHuatHuat]

https://singaporeanstocksinvestor.b...zhxtvgZDm__Rrp-C8bXizfNysPVP2juWHZSky2K_YA5UY

ASSI ： 188735.86

 

[limster]

https://singaporeanstocksinvestor.b...zhxtvgZDm__Rrp-C8bXizfNysPVP2juWHZSky2K_YA5UY

ASSI ： 188735.86

Do you have the figure for his previous years? I vaguely recall his previous years also around that region. He said it went up..wondering by how much..

 

[Dividends Warrior]

are you planning to include your CPF interest for 2018?

Definitely. I have been keeping track of my CPF accounts ever since I made the decision to start my property investing journey this year. Got a queue no. for Tengah bto.
To be honest, I did not bother much with CPF in the past.
But now, it is time to make good use of my CPF OA.

 

[Dividends Warrior]

That works to be roughly 5.5% on your portfolio value, pretty darn good mate

Thanks!
5.5% compound over decades and the end-result should be...... well, you get the idea

 

[Dividends Warrior]

Considered mid 30s lah, he is about the same age as me. Inspired me to invest many years back.

Yup, mid-30s

 

[OngHuatHuat]

Do you have the figure for his previous years? I vaguely recall his previous years also around that region. He said it went up..wondering by how much..

Not sure, don't really keep track.



Think this figure will breach 200 K next year.

 

[talkonly]

Sorry, can I know how is that compounded when yearly dividends are paid out instead of reinvest? I am learning too.. thanks

Thanks!
5.5% compound over decades and the end-result should be...... well, you get the idea

 

[existential_reality]

DW will likely use the dividends paid to purchase more of the stock, or alternate high dividend paying stocks.

Sorry, can I know how is that compounded when yearly dividends are paid out instead of reinvest? I am learning too.. thanks