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4 comment(s). Last comment by aunloke 2013-11-08 10:58
Posted by JayC > 2013-11-08 10:32 | Report Abuse
I only 37, i also 5 digit dividend le
Posted by kcchongnz > 2013-11-08 10:43 | Report Abuse
A five-digit dividend a month in Singapore is pretty good.
This gentleman Mr Ang is lucky, not in his stock pick, but must have got some good inheritance from his father.
"My dad died when I was 25 and he left me the family house,"
Owning a house in Singapore must be very well to do and hence should have quite some money left as a legacy to his children.
However, Mr Ang has built up a good discipline of saving and investing that is important.
"I started investing in stocks with money from my savings shortly after I turned 21," he recalls.
“On average, my investments get me a 10 per cent return per year.”
"Stocks which are undervalued appeal to me, especially for companies whose market capitalisation is less than the value of the assets, or have a price-to-earnings ratio of 10 and below."
Although he specialises in sussing out smaller firms here, Mr Ang doesn't go for speculative counters.
Yes, investing needs not to be complicated but one must have the right philosophy. A real return after inflation of about 8% with low risk is pretty good.
Posted by aunloke > 2013-11-08 10:58 | Report Abuse
If you start from zero you should be happy if you can touch 4 digit dividend, never mind you can't reach 5 digit at least you can have a target of another digit up and that will be good enough.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by bsngpg > 2013-11-08 00:26 | Report Abuse
Wednesday, 06 November 2013 15:34 Ex-bank officer, age 41, now gets 5-DIGIT dividend a month as private investor http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=183931:ex-bank-officer-now-gets-5-digit-dividend-a-month-as-private-investor&Itemid=3#axzz2jyUZJtem While I am still in my dream, the younger gentleman has realised it. Do you have the same dream ?