I'm a 34 years old on a stable job earning enough to support a small family. I have a sum of around 50k to 70k set aside purely for investment for passive income.
Although the sum is not a lot but I'm looking at buying blue chips (im looking at singpost and starhub) and REIT (I'm looking at Aims and Cambridge industrial trust).
Its my 1st time investing and im a very lazy person and I don't want to be bothered about or worry about whether the stock will crash or not with minimal montoring.
May I have your opinion on whether the 4 stocks mentioned above serve my purpose of minimal monitoring?
They are all good investments for income. Well, they have been so for me (except for Singpost which I do not have) ;)
Minimal monitoring but still must monitor. ;p
I am ready to buy more in the event of a stock market crash, all else being equal. :)
Passive income will be useful in helping D pay some bills regularly at home.
AK anyhow picks 5 stocks for income investors.