Saturday, 23 July 2016
Financial Independence = Passive Income > Household Expenses???
With Kep Corp 50% cut in dividends in 2016 H1 from $0.12 in 2015 to $0.08; he is expecting similar cut in 2016 H2. Uncle88888 is also expecting weaker dividends from SCI.
He has revised his number for 2016 and 2017 and more homework is expected in 1st two years of his retirement to close the gap.
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So it is either spend less than planned or beef up the investment return.
ReplyDelete"Beef up the investment return".
ReplyDeleteWill that be the last mile ?.....
Passive income > Individual expenses also can, if you are single or wife is working then also no longer household expenses?
ReplyDeleteyes not very nice news.
ReplyDeletestill, looks like keppel management has not been static.