I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

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Thursday, 30 July 2020

Cut In Dividends In 2020 - Painful Experience for retirees

Uncle8888's top three holding : Kep Corp, DBS and Sembcorp Ind

Sembcorp Ind : No interim dividend! ($0.03 + $0 = $0.03)

 DBS : Cut from H1 onwards from $0.33 to $0.18 per quarter for the next four quarters ($0.33*2 +  $0.18*2 = $1.02)

 Kep Corp : Cut H1 interim dividend from $0.08 to $0.03 ($0.12 + $0.03 = $0.15)
Posted by Createwealth8888 at 18:40
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4 comments:

  1. Spur31 July 2020 at 00:25:00 GMT+8

    And hence maintaining buffer of 2 years expenses helps to tackle negative sequence of dividends, not just -ve sequence of returns. ;)

    ReplyDelete
    Replies
    1. CreateWealth888831 July 2020 at 07:13:00 GMT+8

      Yeap! That is true and realistic in retirement income planning and draw down

      Delete
    2. Singapore Man of Leisure31 July 2020 at 11:41:00 GMT+8

      CW,

      Of course pain as dosage of Panadols got reduced...

      Lucky big daddy got give out Wuhan virus Panadols. But next year whether got some more an open question?


      I've noticed over these several weekends, more people are probably using the free Panadols from big daddy to buy small appliances like fans, microwave/ovens, vacuum cleaners, 32 inches TV; etc.

      Good that they spend the Panadols.

      If they hoarded...

      Delete
  2. Siew Mun31 July 2020 at 11:07:00 GMT+8

    Store up during 7 good years. Realise the store during famine.

    ReplyDelete

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