Passive income thread

[homer123]

I just dig out my statement from 2012 to 2015 and construct one for dividend growth.. It was pretty easy since before 2014, I was mainly in FD and almost everything is interest. After I start serious investment from 2014 , my dividend growth accelerate.

I am impressed with Dividend warriors dividend income barchart. I am now planning to construct s similar one for my networth growth. Unfortunately I started tracking only since last 5 years. But I can go back to my old bank statements, fund account statements etc and construct it. It is a pain, but worth it.

 

[revhappy]

I just dig out my statement from 2012 to 2015 and construct one for dividend growth.. It was pretty easy since before 2014, I was mainly in FD and almost everything is interest. After I start serious investment from 2014 , my dividend growth accelerate.

Nice! Your dividend income is solid. I don't track dividend or interest, so I am going to track only absolute networth levels, salary inflows and then analyse what contributed more salary or returns.

 

[homer123]

You don't have to track dividend because you are doing index fund investing.. what matter most for you is before you start SWR during retireemnt, you are getting the projected annualized return when you started..

Nice! Your dividend income is solid. I don't track dividend or interest, so I am going to track only absolute networth levels, salary inflows and then analyse what contributed more salary or returns.

 

[SBC]

Homer123, can help to indicate the vested amount in your table?

Very well done. Mine is about 15k to 18k yearly.

 

[Geeezz]

bookmarked this thread fr inspiration

 

[archcherub]

bookmarking this thread for inspiration and motivation too.
Sharing my passive income fun over the past decades.

1) i earn some passive 3% monthly from a forex trader for 4yrs. this is passive but then it also comes at great risks. i can say that when i joined i was worried its a scam too. i am happy to be earning that 3% monthly but i am guess this is not for everyone. im pretty sure 95% of pple will avoid this due to fears of scam.

2) i having a little passive income from sublet property rental (not v passive though, still must do maintenance of property)

3) a tiny bit from singapore stocks (abt 3 figures only yearly)

4) selling options premium... oh wait thats not passive too. and have a risk of losing capital too. hmm.

I think i got mind block. i prefer USA stocks to SG stocks, but USA dividends are taxed so I actually try to avoid dividend-paying stocks. so gonna be hard on passive income.

5) i used to have some income from google adsense from a small blog, but i think it got super outdated and I lazy to revamp.

6) trying to write simple books and selling online for passive income but its not as easy as i thought.
i actually wrote a children story book 1, but a book publisher ask me to write 2nd title before they will publish for me. i think that stalled me. (maybe i shld do this for my kid)

7) trying to start youtube channel for the fun of it (family entertainment with my wife and kid) and passive income but apparently, 90% of the income is earned by the top 5% youtuber... hahaa so unless you enjoy it, this is also a super steep slope.

8) used to have crypto mining too.. it was earning well at the beginning but now.. heehee bitcoin is like $3k now?

what else i tried ah?

9) oooo affiliate marketing. i tried doing a review of kitchen stuff to amazon affiliate, but didnt get my wife's support. mostly because she don't cook lol.
i used to review books when I was schooling, not for the money but for the interest. then tied up with amazon affiliate. but account was closed due to no sales within X days so amazon kindly close it down. hahaha.


seriously dividends from stocks probably the best passive income lol

 

[madtari]

Archcherub... so forex so lucrative? If you can achieve 3% consistently every mth, in a year if u start off with 100, u will end up with 142! That's like 42% pa.

 

[archcherub]

Archcherub... so forex so lucrative? If you can achieve 3% consistently every mth, in a year if u start off with 100, u will end up with 142! That's like 42% pa.

i actually know 2 forex trader in this forum 5 - 7 years ago (i can't remember exact years) who trading professionally.
i think they prefer to be private.

anyway forex trader is not get-rich-quick stuff.

its TONS OF HARD WORK. its really really not as easy as all these things you saw online or what.
the so-call high returns is just the traders' wages for spending so much time and effort.

the first trader i know from money mind, he spent years trading before he started to get profit

anyway forex trading is definitely not passive income...

 

[madtari]

I thought so to... to be able to earn 3% consistently per mth is quite zhai....

i actually know 2 forex trader in this forum 5 - 7 years ago (i can't remember exact years) who trading professionally.
i think they prefer to be private.

anyway forex trader is not get-rich-quick stuff.

its TONS OF HARD WORK. its really really not as easy as all these things you saw online or what.
the so-call high returns is just the traders' wages for spending so much time and effort.

the first trader i know from money mind, he spent years trading before he started to get profit

anyway forex trading is definitely not passive income...

 

[cook123]

I am also into dividend investing
This type of investing is slow and take a lot of time to see big results
Personally I’ve been doing dividend investing for many years now.
Have arranged it in such a way that I get dividends very frequently, longest gap between dividends received is nearly 1mth. Shortest is a same day to a few days. The more frequent u receive the dividend the more frequent u can compound and the faster it will grow. And the more counters u have, the lower the risk per counter also. So it works both ways

 

[cook123]

One of my close friends attend many courses by so called forex masters and investment masters
In end shared with me that he paid nearly $20k in fees to these gurus and still gotten nowhere as of now. Been telling him that a lot of the information is actually free if he bothered to look around
In NLB internet magazines etc

 

[revhappy]

I managed to compile my year end snapshots of networth for the past 9 years.

All figures in '000 SGD

It looks like quite poor money management. I started with 87k and saved 578k in the last 9 years and it grew to 837k. So a return of 27% over 9 years.

 

[cook123]

Return of 27% over 9years
Means cagr of around 2.7%pa
Means din really make money if factor in inflation

 

[tangent314]

I am also into dividend investing
This type of investing is slow and take a lot of time to see big results
Personally I’ve been doing dividend investing for many years now.
Have arranged it in such a way that I get dividends very frequently, longest gap between dividends received is nearly 1mth. Shortest is a same day to a few days. The more frequent u receive the dividend the more frequent u can compound and the faster it will grow. And the more counters u have, the lower the risk per counter also. So it works both ways

The more frequent your dividends and the more counters you have, the more you you spend on commission.

All you have done can be achieved more efficiently buy purchasing an accumulating ETF.

 

[cook123]

Not exactly
Let me eleborate
As mentioned I am in for long term
1. So most stocks it’s a one time brokerage fee and the I get to hold them for Long time. I buy an average of 3-5k of stocks every week. So 1momth its $120 brokerage fee or so, which is still very acceptable
2. Etf. Take note this investment only pays dividend 2x a year. And it’s yield is perhaps 3% plus minus. That’s not preferable for me, because when I grow old, I would want my portfolio for give me cash at least once a month. Now I simply reinvest it every week or so. One will most likely need to liquidate the etf slowly to meet his expenses. This is not preferable in a down market as it would equate to dollar loss averaging. My overall risk is not too indifferent from that of the etf because of the many counters it’s has, but I am able to do compounding now with the cash flow I get, and use the same cash flow for old age when I need to.

 

[rottingapple]

I am going to be 30 this year. Now my savings in Citibank maxigain is giving me $250/mth at 2.5% per annum interest.

 

[limster]

would want my portfolio for give me cash at least once a month.

while I am a dividend investor, I wouldn't buy a stock just because it declared dividend in a particular month

where Singapore is concerned, very few companies pay dividends in March-April, books closure and tax season, or December (everyone on annual leave), so my monthly dividend graph is not a smooth straight line....

 

[havetheveryfun]

I am going to be 30 this year. Now my savings in Citibank maxigain is giving me $250/mth at 2.5% per annum interest.

less than that already... 70% of 1.76% + 1.2% = 2.432 %

 

[Maeda_Toshiie]

i actually know 2 forex trader in this forum 5 - 7 years ago (i can't remember exact years) who trading professionally.
i think they prefer to be private.

anyway forex trader is not get-rich-quick stuff.

its TONS OF HARD WORK. its really really not as easy as all these things you saw online or what.
the so-call high returns is just the traders' wages for spending so much time and effort.

the first trader i know from money mind, he spent years trading before he started to get profit

anyway forex trading is definitely not passive income...

From what I gather, profitable FX (or stock trading) requires a system that the trader has to have the discipline to stick to (the trader has to first find one that works). When that system no longer works, the trader has to find another. Today, which so many market participants backed by teams of analysts and banks of super computers, it is hard to find opportunities to exploit on a consistent basis.

 

[rottingapple]

less than that already... 70% of 1.76% + 1.2% = 2.432 %

Differ not much bah