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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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

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Saturday 23 July 2011

Dividend Yield is good but avoid falling into potential Dividend Traps (2)

Read first? Investing Made Simple by Uncle8888 (12)

Read next? Dividend Yield is good but avoid falling into potential Dividend Traps

I thinking by reading in this sequence may be better in the thinking process.

I believe there are many bloggers, cboxers, forum particpants and investing kakis telling you that focusing on stock dividends as passive income is an important key to successful investing. Agree, right?

Perhaps, I am the rare blogger who dare to challenge you to rethink your investing strategy of focusing too much on passive income when you have no real need for it at this stage of your long investing journey and especially when you are not expecting to 'retire' from the workforce soon.
Posted by Createwealth8888 at 10:30
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1 comment:

  1. Anonymous25 July 2011 at 13:55:00 GMT+8

    Hi CW8,

    Dividend yield is important if you "need" the dividend.

    Else, it is an 'unnecessary' income.

    Nothing in life is 'free', as there is a price to be paid for the dividend, in the form of lower capital appreciation of your stock.

    Just my two cents worth (typical dividend yield).

    Cheers

    V

    ReplyDelete

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