Just For Thinking ...
invest, thesundaytimes Nov 3, 2013
When we come across such headline: Five-digit dividend a month for investor or $120K per year; they are very inspiring stories.
... "On average, my investments get me a 10% return per year."
Then we may realise it required at least $1M invested capital in the stock market to get that five-digit dividend a month.
$1M may come from combination from high saving rate from high earned income and/or past compounded investment return from portfolio.
However, not forgetting the hard truth in Singapore ....
Among resident employed households, the median monthly income rose from
S$7,040 in 2011 to S$7,570 last year, registering a 7.5% increase in
nominal terms, or 2.7% in real terms (i.e. after accounting for
Read? Gross Monthly Income From Work in Singapore. Get your expectation right.
Not high income earner. How?
Still got hope?
Yes, but it will require 10,000 hours of investing efforts.
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2 hours ago