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Investing for income to financial freedom. (Dividend Machines creation in 2019.)

Monday, February 18, 2019

When I blogged about my decision to take a long break from public appearances, I also said that I would continue blogging but less frequently.

I know that I am a social media influencer and I have readers who appreciate my blog.


One reader then said:
"Most so called social media influencers I read about pitch/sell products.

"I would say you are some kind of pseudo (not psycho!) influencer who don't sell products (except 'Neverwinter') who talks about how to live your life prudently and be financially free 😉"


That is true.

I hardly sell anything in my blog.





If I find something is good, even if I am not paid to do so, I simply blog about it.

This is the case with "Neverwinter".

This is also definitely the case with the CPF system.

Of course, regular readers know that I am spending a lot more time in "Neverwinter" these days as it is something I enjoy.

They also know I wish for everyone to achieve financial freedom and that all of us will eventually work because we want to and not because we have to.




This is because I truly feel that having to exchange our precious time for money, working because we have no choice but to do so is depressing.


Wage slavery is a terrible thing.








Regular readers know that an important thing that I did which freed me from the shackles of wage slavery is investing for income.

What is investing for income?

Invest in income producing assets and we will enjoy passive income or, as Buffett says, "make money while we sleep".

Remember my earlier blog?

Special dividend from VICOM and financial freedom.

Of course, this is only one of my investments.






If you are new to investing for income, you should attend Dividend Machines.

Although many bloggers are promoting Dividend Machines now, I was the first to do so when it was introduced many years ago.

After so many years, I still believe that the course provides value for money especially if you are relatively new to the world of income investing.







.........

Who are the trainers?

Readers who have attended "Evening with AK and friends" will be familiar with both Victor and Rusmin.

Brilliant investors and good people.

They believe in keeping education very affordable.

So, you don't have to pay an arm and a leg to attend Dividend Machines.

Or else, AK would not be promoting it.


Want to learn how to invest in REITs and non-REITs for income?







If your answer is "yes", sign up for 2019's Dividend Machines: HERE.

Limited places available, as usual.

Unlike "Neverwinter" or CPF, this is a paid advertorial but, quite frankly, I would have promoted Dividend Machines anyway even if I were not paid to do so because I believe it is 100% worth promoting.

To achieve financial freedom, most of us have to create Dividend Machines. 

If AK can do it, so can you!


Sign up: HERE.



Special dividend from VICOM and financial freedom.

Wednesday, February 13, 2019

I just received a letter from LTA that my car is due for an inspection.

Wow!

Has it really been three years?

Time really flies.

This is something older people feel more keenly than the younger ones.





The younger ones think that they still have time to plan for retirement and they are probably right.

However, if they think that they can kick the can down the road, this could result in them regretting when they are older.

Many older people do regret not planning earlier for retirement.

Time and tide wait for no man. 


Before we know it, we are 55 years old.





We have but one life to live.

Take ownership.


Don't blame the system.


Don't blame fate.


Don't blame anyone else.


We should only blame ourselves if we cannot retire well in Singapore.






Anyway, when I was making payment to have my car inspected in VICOM, I noticed that the price has gone up but I was quite ZEN about it.

Why?

VICOM is paying for my inspection, after all.

I know.

Bad AK! Bad AK!





Regular readers know that I have a larger smaller investment in VICOM ($50,000 to $100,000) and receive regular dividends.

The fact that VICOM declared a final dividend of 23.17 cents and a special dividend of 8.62 cents means more passive income for me.

However, it is also good on another level as the largest shareholder of VICOM is ComfortDelgro and I have a relatively large investment in ComfortDelgro which also pays me dividends.





VICOM and ComfortDelgro together are probably bigger than my investment in AIMS AMP Capital Industrial REIT or similar in size.

They are all important passive income generators in my investment portfolio and they are pretty predictable ones too.

To all my readers on the investing for income path, keep at it because financial freedom is not a dream.

If AK can do it, so can you!


However, only Mr. Bean can do this.






Related posts:
1. Invested in ComfortDelgro.

2. Invested in VICOM.
3. Passive income all gone!


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