How many investment bloggers will deliberately choose to eat off our capital (war chest) as supplementary to passive income strategy as sustainable retirement income for life?
Our passive income strategy may come from dividend incomes (dividend payout ratio of 90% or more), growth dividends (dividend payout ratio of 60% or less) and rental income, etc
Dividend incomes are not that difficult to find. Come Monday, we can get from the market at least 6% yield; but not for growth dividends. For that, we may have to wait for years for Mr. Market to throw them at us. While waiting for growth dividends opportunity; so how?
One way is to eat off part of our capital (war chest) while waiting.
This will be the cost of premiums for growth dividend and capital appreciation investing strategy. This may not be the preferred investing method by most investment bloggers for financial independence; but it is not necessary bad.
Uncle8888 is taking this approach as he is hungry for growth and not giving up to find more multi-baggers.
Last updated : 14 Sep 2019
I am 63 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016.
Single household income since 1995 with three children.
Currently, two sons and one daughter are working.
I have been doing 20 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
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