tag:blogger.com,1999:blog-7944902213075756335.post2063975142696084839..comments2024-03-28T10:39:01.047+08:00Comments on A Singaporean Stocks Investor (ASSI): How to get $50K in passive income by investing in stocks?AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger24125tag:blogger.com,1999:blog-7944902213075756335.post-14868770751416845852015-11-10T13:18:00.691+08:002015-11-10T13:18:00.691+08:00Hi hosea,
I will blog a response to your comment....Hi hosea,<br /><br />I will blog a response to your comment. Look out for it. :) AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-9761907405025876132015-11-10T12:28:19.633+08:002015-11-10T12:28:19.633+08:00Hi, AK, I just started reading your blog. Am alre...Hi, AK, I just started reading your blog. Am already late for financial planning towards retirement. I am 57. How I wish, I could read this stuff when I was 20.<br /><br />AK, would like your advise as my age now, I cannot do much, I have SRS account and I bought into Great eastern those policy 5 years plan yearly with the 12k.<br /><br />Am just looking into passive income such as good hoseahttps://www.blogger.com/profile/04335066542815875221noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-90242530381088787682015-04-28T22:39:22.035+08:002015-04-28T22:39:22.035+08:00Hi InsideOut,
All I have done was to point you in...Hi InsideOut,<br /><br />All I have done was to point you in a direction that you could explore. Nothing more. If this has helped in any way, I am happy. :)<br /><br />I look forward to hearing more about your journey of self discovery in future. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-81824164432864104112015-04-28T20:17:28.508+08:002015-04-28T20:17:28.508+08:00Dear AK,
Thank you so much for your swift reply a...Dear AK,<br /><br />Thank you so much for your swift reply and I understand where I need to work on now! Thank you very much, I hope you'll still give me words of wisdom when I lost in the future. To good health and successful investment! huat ah! <br /><br />InsideOuthttps://www.blogger.com/profile/13936337023316325248noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-58976154279101992632015-04-27T22:53:15.383+08:002015-04-27T22:53:15.383+08:00Hi InsideOut,
At 23, I was a "know nothing&q...Hi InsideOut,<br /><br />At 23, I was a "know nothing" investor, borrowing a phrase from Warren Buffett. -.-"<br /><br />I recently replied to a reader on FB:<br /><br /><i>"Well, it took me a long time to realise what suits me. I realise that investing for income gives me peace of mind. I like to receive regular income.<br /><br />"It also took me a while to understand AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-49185007685385234932015-04-27T21:47:37.264+08:002015-04-27T21:47:37.264+08:00Dear AK,
I came across your blog while searching ...Dear AK,<br /><br />I came across your blog while searching for investment information and well, the steps to take to be an investor. I'<br />m 23 this year, still studying. Currently unable to generate income for large investment.. <br />In any case, I would like to ask if you have any tips for someone who is in my position. Possibly show me path to take in order to be an investor like InsideOuthttps://www.blogger.com/profile/13936337023316325248noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-62872109741996303712015-04-22T08:45:42.288+08:002015-04-22T08:45:42.288+08:00Hi Frugal Daddy,
The big money is not in the buyi...Hi Frugal Daddy,<br /><br />The big money is not in the buying and selling. The big money is in the waiting. So said Charlie Munger. ;)<br /><br />There were times when dividend yields were as high as 25%. Think GFC. Could we see a bear market again? Most certainly. When? I don't know. This is why having a war chest ready is so important while we stay invested. :)<br /><br />As for how much AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-5060942815599377862015-04-22T07:52:12.291+08:002015-04-22T07:52:12.291+08:00I think alike too on the low hanging fruits. Howev...I think alike too on the low hanging fruits. However, to generate $50k with 4% withdrawal, we need 1.25 million, fully invested. if we are talking about accumulate sufficient passive income during earlier years so that we can work because we want to, this figure is scary and out of reach to majority. It may take most to accumulate lifetime even with 5-8% returns. What is the key strategy that I Shao Kheanhttps://www.blogger.com/profile/17063704540911883273noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-40848256169490907712015-04-21T21:57:31.479+08:002015-04-21T21:57:31.479+08:00Hi Frugal Daddy,
There could be good investment o...Hi Frugal Daddy,<br /><br />There could be good investment opportunities from time to time. They are just easier to spot in a bear market. ;p<br /><br />I like to pluck low hanging fruits and in bear markets, such fruits are more plentiful. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-67168765683177661292015-04-21T21:40:04.345+08:002015-04-21T21:40:04.345+08:00Thanks apex and ak for the replies! Indeed, as lon...Thanks apex and ak for the replies! Indeed, as long as we buy the "right" investment, 4%withdrawal is reasonable. Like ak post on passive income, a journey, it is about going through the up and down with confidence. <br /><br />If staying invested is full proved, why is everyone holding massive cash for bear opportunities? As long as value is right, we can all throw in, since bear Shao Kheanhttps://www.blogger.com/profile/17063704540911883273noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-34303794365727146712015-04-21T17:28:11.061+08:002015-04-21T17:28:11.061+08:0010 years, don't increase expense, make sure sa...10 years, don't increase expense, make sure salary increases by 10% a year by means of bonus or job change, anybody that starts out at 2-3k /month can reach 500k. But cannot buy house, car, have kids, have expensive holidays...little toy brushhttps://www.blogger.com/profile/10989931119048302253noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-4696865825651436022015-04-21T17:25:14.341+08:002015-04-21T17:25:14.341+08:00Last 5 years STI had been on a bull run with negli...Last 5 years STI had been on a bull run with negligible corrections. So I prefer to look at how ak built the first 50k annual passive income just to gauge the horizon. Studies have shown that most ppl gain a massive part of their wealth after 30 years of compound effects.little toy brushhttps://www.blogger.com/profile/10989931119048302253noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-56462975283144193372015-04-21T12:23:14.756+08:002015-04-21T12:23:14.756+08:00Hi yeh, wow your portfolio is impressive, even mor...Hi yeh, wow your portfolio is impressive, even more so at your age? If you don't mind me asking, how did you accumulate such a big portfolio at your age? Is this your personal portfolio or combined with your spouse?qookhttps://www.blogger.com/profile/16589715121656455558noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-70968953464647445162015-04-19T17:07:06.614+08:002015-04-19T17:07:06.614+08:00Frugal,
I think there is enough research into th...Frugal, <br /><br />I think there is enough research into the stock market to justify 4% withdrawal rules etc. Read Prof Wade Pfau's research on retirement theory and in earlyretirementextreme blog, they have even back tested against 30 years of historical data to ensure the retirement amount last. Read more, make an good deduction and move on. Do not overwork. Just enough is nice! apex property investmenthttps://www.blogger.com/profile/10212043999663021172noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-3633175801356079442015-04-19T15:03:40.454+08:002015-04-19T15:03:40.454+08:00Hi Frugal Daddy,
When we invest for income in the...Hi Frugal Daddy,<br /><br />When we invest for income in the stock market, ask 3 questions:<br /><br />1. How is the business generating income for shareholders? Is it bona fide?<br /><br />2. How sustainable is the income generation? Is the business able to take external shocks and still do well?<br /><br />3. Do I have a margin of safety buying into the business? Am I paying a fair price or AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-24386680198017616822015-04-19T14:55:43.259+08:002015-04-19T14:55:43.259+08:00Hi Apex,
Indeed so. If we want something bad enou...Hi Apex,<br /><br />Indeed so. If we want something bad enough, we will do something to achieve it. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-44724112881971930392015-04-19T14:54:17.800+08:002015-04-19T14:54:17.800+08:00Hi yeh,
Yikes! No, no. Don't show me your por...Hi yeh,<br /><br />Yikes! No, no. Don't show me your porfolio. I shouldn't be looking at it. -.-"<br /><br />I think you have been following my blog for quite a while. So, you would know also what I think about how to build wealth. It might not be the way for everyone. We must each find our own way. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-29357647493096296682015-04-19T08:16:27.402+08:002015-04-19T08:16:27.402+08:00Hi AK,
May i clarify using your concept of achie...Hi AK, <br /><br />May i clarify using your concept of achieving financial independence by investing in stock market, please? If passive income from stock market > than your expenses with some buffer, we resigned from our job, thinking we achieved financial independence. What if the market crush, the dividends decreased or the stocks we are holding are much lesser value by then? We will then Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-89507192492648538562015-04-19T08:07:50.134+08:002015-04-19T08:07:50.134+08:00Hi AK,
agreed. Process and mindset is certainly ...Hi AK, <br /><br />agreed. Process and mindset is certainly more important than technical skills. I believe all of us have our WHYs and if that WHY is strong, he can change his life around. Just wanting to... I believe is not strong to change life. Then again, most people are happy to live their life going through everyday motion like the masses. <br /><br />Build Mindset, Build Technical Skills,apex property investmenthttps://www.blogger.com/profile/10212043999663021172noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-89632214969481712302015-04-18T22:36:43.627+08:002015-04-18T22:36:43.627+08:00AK
if u dun mind, i can email you my all portfolio...AK<br />if u dun mind, i can email you my all portfolio.<br />i am not show off or what. i have about 380k portfolio and 170k war chest.<br /><br />wonder...how much yield i can generate. i only give myself 3.5% as i am lousy in stock pick:(<br /><br />he is 32, i also 32..when i can have 800k also..i wonder.<br /><br />probably another 5 years..i think yehhttps://www.blogger.com/profile/12571111570066245051noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-85989715637043866042015-04-18T21:27:38.072+08:002015-04-18T21:27:38.072+08:00Hi Apex,
I don't think he plans on being a fu...Hi Apex,<br /><br />I don't think he plans on being a full time investor or trader. Well, not yet anyway. ;p<br /><br />Unless we are born with a silver spoon in our mouth, we need our jobs. Money made from the stock market is a bonus. <br /><br />There might come a time our income from the stock market is predictable and is an amount that is equal to or bigger than our earned income. That AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-84522187613498826672015-04-18T21:13:29.320+08:002015-04-18T21:13:29.320+08:00Hi, I don't know what is your situation but ha...Hi, I don't know what is your situation but having a plan and a unwavering dedication to the cause is important. The only hindering block is your WHY? is it strong enough to make you do whatever is necessary to reach financial freedom. Lets take AK as an example, $1, saved is $1, earned. Keep doing that 800000 times and you will have the money. If you are dependent on the stock market ONLY...apex property investmenthttps://www.blogger.com/profile/10212043999663021172noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-20897007274296260902015-04-18T21:12:20.913+08:002015-04-18T21:12:20.913+08:00Hi Mike,
"Life is suffering" or so the ...Hi Mike,<br /><br />"Life is suffering" or so the Lord Buddha said. ;)<br /><br />We can only look ahead and hope to do better in future. So, you are right about not allowing yourself to feel miserable. It doesn't do anything to improve the situation. Wise is one who knows this. ;)<br /><br />Some of us might start later in life planning for financial security or even financial AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-30533904396995147232015-04-18T15:52:44.804+08:002015-04-18T15:52:44.804+08:00Hi AK,
Great work there in reaching out to anothe...Hi AK,<br /><br />Great work there in reaching out to another. I am caught in a rather same situation as him.<br /><br />Married early, kid early.<br /><br />I did all the things u advise people not to. <br /><br />I bought a car early, on hindsight there is no regrets as the ferrying of family and time saved for quality family time is precious.<br /><br />My expenses increase with my pay. A maidSillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.com