tag:blogger.com,1999:blog-7944902213075756335.post3494019154304551474..comments2024-03-29T19:12:08.223+08:00Comments on A Singaporean Stocks Investor (ASSI): A minimum of $50k in annual passive income.AK71http://www.blogger.com/profile/16832145412062954289noreply@blogger.comBlogger44125tag:blogger.com,1999:blog-7944902213075756335.post-38015639476210818102011-02-01T11:53:30.120+08:002011-02-01T11:53:30.120+08:00Hi SnOOpy168,
Your experience is testament that t...Hi SnOOpy168,<br /><br />Your experience is testament that the strategy works.<br /><br />The beauty of investing for income is that the strategy is a simple one and easily understood and implemented.<br /><br />I am happy to share what I know and see more people enjoying reliable passive income for a more secure financial future. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-11433536204503033092011-02-01T10:14:14.320+08:002011-02-01T10:14:14.320+08:00Hey AK
Just reviewed the stack of CDP annual stat...Hey AK<br /><br />Just reviewed the stack of CDP annual statement for 2010. Found that I had collected $2,819.15 in dividends, so far. Thats for 2010. Plus the nice cap gains on AIMS & FR. Very acceptable & happy by me, esp that I had only started playing shares in Mar 10.<br /><br />Seems like I will have to be more prudent to make it close to the goals of S$50k p.a or something similar.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-77827635185312202062010-12-02T11:39:57.558+08:002010-12-02T11:39:57.558+08:00Hi oldmasterlim,
Your comments are most valuable ...Hi oldmasterlim,<br /><br />Your comments are most valuable and I agree with you on all points. I believe that the following would allay your fears:<br /><br />1. I still have my day job and it is unlikely that I would be allowed to leave for a few years more.<br /><br />2. I have investments in other assets classes, not just the stock market.<br /><br />3. I am not buying and holding. I believe AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-9161531143457217762010-12-02T10:54:05.926+08:002010-12-02T10:54:05.926+08:00Boss AK
I found ur blog recently while surfing fo...Boss AK<br /><br />I found ur blog recently while surfing for information on S-REITs. I find that it is one of the more intelligent blogs on the topic and appreciate ur balanced approach towards investing. <br /><br />However, I must make a few comments on a few points which i believe are dangerous: <br /><br />* You are heavily concentrated in just a few counters (Saizen, AMP etc). Any small oldmasterlimnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-54383742199573550162010-11-28T23:16:21.936+08:002010-11-28T23:16:21.936+08:00Hi Louis,
I see you also believe in investing for...Hi Louis,<br /><br />I see you also believe in investing for income. :)<br /><br />I am 39 years old next month. Buy me a present? ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-19785461698841556822010-11-28T16:52:13.813+08:002010-11-28T16:52:13.813+08:00Hi AK,
Have been following ur blog for sometime n...Hi AK,<br /><br />Have been following ur blog for sometime now. I'm vested in AIMS, Starhub, Cache, Suntec, Rickmers. Getting about $24k per year in passive income now.<br /><br />I'm curious, how old are you to have reached $50k? 30+? 35+? 40+? 45+?Louisnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-16278375898680970722010-11-28T16:34:03.546+08:002010-11-28T16:34:03.546+08:00Hi Anonymous,
I think you mean $0.6m to $0.9m. Ye...Hi Anonymous,<br /><br />I think you mean $0.6m to $0.9m. Yes, depending on the average yield on our investments, the amount invested would differ to achieve a passive income of $50k annually.<br /><br />Could you leave your name or initials in future comments? Thanks. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-22468773361296359582010-11-28T15:23:36.412+08:002010-11-28T15:23:36.412+08:00u need investment amount of SGD 0.6k t0 0.90k ?u need investment amount of SGD 0.6k t0 0.90k ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-85689645847880399972010-11-28T13:56:25.040+08:002010-11-28T13:56:25.040+08:00Hi TN,
Thanks for the compliments. I am glad you ...Hi TN,<br /><br />Thanks for the compliments. I am glad you found some useful information here and, no, it is not too late to learn. Do visit often. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-43504047636674227812010-11-28T12:23:24.331+08:002010-11-28T12:23:24.331+08:00AK71,
Nice blog u share.:).I just start learn...AK71,<br /> Nice blog u share.:).I just start learning investment.Hope not to late as i had work quite awhile.Pick some tips from here. <br /><br />TNAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-63669167804753477642010-10-05T13:44:26.205+08:002010-10-05T13:44:26.205+08:00Hi YS,
Hey, no problem. We all need to start some...Hi YS,<br /><br />Hey, no problem. We all need to start somewhere. ;)<br /><br />I blogged about my personal journey as an investor and if you are interested, you could check it out, "Excuse me, are you an investor?":<br /><br />http://singaporeanstocksinvestor.blogspot.com/2010/02/excuse-me-are-you-investor.html<br /><br />Hope you enjoy it and do visit often. Oh yes, remember to visitAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-15882817282619969802010-10-04T23:44:48.603+08:002010-10-04T23:44:48.603+08:00I am clearer now, thanks! Honestly, I don't th...I am clearer now, thanks! Honestly, I don't think I've done any decent stock analysis of the FCOT(cos I'm really clueless as to how to do one yet). I just bought it mainly due to the high dividend yield and I think their buildings are of high quality. I definitely would have consider other reits but most have climbed sharply since the financial crisis. (missed the boat =( )<br /><br /YSnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-2363941403593103992010-10-04T11:41:04.736+08:002010-10-04T11:41:04.736+08:00Hi YS,
I am glad you find this post inspirational...Hi YS,<br /><br />I am glad you find this post inspirational and to learn that you are embarking on your own journey towards passive income generation.<br /><br />According to the Rule of 72, if we are getting a 10% yield and re-investing it every year (provided that everything else remains constant), we would get back our capital in 7.2 yrs. If we did not reinvest, we would get back our capitalAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-3996747105477777052010-10-04T03:14:12.045+08:002010-10-04T03:14:12.045+08:00Hi there,
really enjoyed reading your post very ...Hi there, <br /><br />really enjoyed reading your post very much, I must say, after reading this post, I am inspired to set my own personal goals of achieving a comfortable level of passsive income as well.<br /><br />But I would like to seek some clarification. Pardon my "financial illiterateness", but may I ask in order to reach that target of $50k per annum, we just need to reinvest LYSnoreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-32434360869653111072010-09-23T15:03:15.771+08:002010-09-23T15:03:15.771+08:00Hi Sanye,
I feel that we can be quite comfortable...Hi Sanye,<br /><br />I feel that we can be quite comfortable with $50k in annual passive income in Singapore. Well, I am still waiting to see if my estimates are right. Will definitely be blogging about it in the next few months. :)<br /><br />Thanks for the congratulatory message and I wish you the best in your efforts too. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-32330281657485671662010-09-23T14:17:35.146+08:002010-09-23T14:17:35.146+08:00Congrats AK71!
Coincidentally, I have set the 50K...Congrats AK71!<br /><br />Coincidentally, I have set the 50K annual dividend income as my stock investment goal too. Well I am not quite there yet, still working hard....<br /><br />Congratulation again.Sanye ◎ 三页https://www.blogger.com/profile/10864265445567780610noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-26325113984898179822010-09-08T09:42:56.110+08:002010-09-08T09:42:56.110+08:00Hi left_ray,
Oh, I see. You are a deep thinker. :...Hi left_ray,<br /><br />Oh, I see. You are a deep thinker. :)<br /><br />Many financial bloggers are blogging anonymously and we might never actually get to know the person behind the blog.<br /><br />What you have is a gem of a thought. Could well be expanded into a proper blog post. ;)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-18812226953232405782010-09-08T09:34:15.970+08:002010-09-08T09:34:15.970+08:00I always though you and Drizzt knew each other wel...I always though you and Drizzt knew each other well since you and his style of investment are somewhat similar. So I was caught by surprise when you said, "I don't know you well, surely." Knowing someone depends on how you perceive a person. Investment wise, maybe you knew him better than some of his friends or relatives. Anyway, just a thought.left_rayhttps://www.blogger.com/profile/17765352167167206493noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-56563131661522107502010-09-07T22:01:28.869+08:002010-09-07T22:01:28.869+08:00Hi Panzer,
Yes, being single and staying with my ...Hi Panzer,<br /><br />Yes, being single and staying with my parents until about three years ago help a lot in my ability to save money rapidly. Money in my CPF OA grew quite rapidly through the magic of compounding at 2.5% per annum too.<br /><br />As for developing a secondary income, I was teaching part time and provided tuition services too. I still do some tutoring today. Of course, I have AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-82321921646631231892010-09-07T21:52:46.122+08:002010-09-07T21:52:46.122+08:00Hi left_ray,
Very philosophical. Any reason for f...Hi left_ray,<br /><br />Very philosophical. Any reason for feeling so?AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-57190115437124344562010-09-07T18:32:36.568+08:002010-09-07T18:32:36.568+08:00Hi AK71
I am impressed and congratulate you on ac...Hi AK71<br /><br />I am impressed and congratulate you on achieving or close to achieving your target of passive income of $50k p.a.!<br /><br />That is my target too but I realise I need to develop a secondary income to help build up savings because supporting a family increases expenses tremendously! :-P<br /><br />Of course, the fun of playing with my 2.5 year old daughter makes up for the PanzerGrenadierhttps://www.blogger.com/profile/15836438378215893219noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-11933243474182670032010-09-07T18:17:52.149+08:002010-09-07T18:17:52.149+08:00You may know someone for ages yet not know him at ...You may know someone for ages yet not know him at all or you may know someone for just couple days yet know him for ages.left_rayhttps://www.blogger.com/profile/17765352167167206493noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-77285017984451152202010-09-07T12:07:00.098+08:002010-09-07T12:07:00.098+08:00Hi Chu Yeow,
Hey, no problem. Like I said before,...Hi Chu Yeow,<br /><br />Hey, no problem. Like I said before, I try to run this blog like how I would run a business. I know how it is like to send someone an email and not get any reply. Grrr.. ;)<br /><br />According to Nick, First REIT might have to go with a rights issue to fund ambitious acquisitions. Personally, I would not discount that possibility. You could find 2 blog posts on First REITAK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-53353716228869540012010-09-07T10:23:37.485+08:002010-09-07T10:23:37.485+08:00Thanks for replying (you reply to almost every com...Thanks for replying (you reply to almost every comment, that's great :)).<br /><br />I see what you mean about paying a premium for "pedigree". I'll be looking at adding a REIT (I'm looking at AIMS or First) to my portfolio in the next few months.<br /><br />As for K-Green Trust, I've actually been eyeing it for awhile now and have been reading your K-Green posts. And Chu Yeowhttp://blog.codefront.net/noreply@blogger.comtag:blogger.com,1999:blog-7944902213075756335.post-25053835718854492702010-09-06T23:50:47.916+08:002010-09-06T23:50:47.916+08:00Hi Chu Yeow,
Between Telcos and REITs, Telcos are...Hi Chu Yeow,<br /><br />Between Telcos and REITs, Telcos are perceived to be more defensive. You might want to visit Drizzt's blog, Investment Moats, for information on Telcos. He is an expert on these.<br /><br />As for thinking that some of the REITs I am invested in are risky at first glance, I am sure you are not the only one. Human beings like to be associated with pedigree. So, they AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.com