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!


Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

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

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

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.







4 comments:

  1. So it is either spend less than planned or beef up the investment return.

    ReplyDelete
  2. "Beef up the investment return".
    Will that be the last mile ?.....

    ReplyDelete
  3. Passive income > Individual expenses also can, if you are single or wife is working then also no longer household expenses?

    ReplyDelete
  4. yes not very nice news.
    still, looks like keppel management has not been static.

    ReplyDelete

Related Posts with Thumbnails