Received the following dividends in Aug:
SPH Holdings - $180
Starhill Global - $119
Suntec REIT - $112.45
Ascott REIT - $204.05
Sabana REIT - $120
Interest income - $1.51
Considering I have divested a fair bit of some of the stocks, the passive income of $735.50 is still not too bad.
Happy SRSing.
ReplyDelete[[ anonymous 7 ]]
Mr IPO, the odds are simply not stacked in your favour at least with respect to passive income.
A simple calculation. If you want no more than $500 per month passive income, then :
a. 5% yield requires $120,000 capital.
b. 4% yield requires $150,000 capital.
c. 3% yield requires $200,000 capital.
Dividends (may) grow, but nobody can under estimate the difficulty. With yields this low, the task is very, very difficult.
And all this is only $500 per month. The above figures are only nominal figures. It seems most people are much poorer than they may think.