Just For Thinking ...
invest, thesundaytimes Nov 3, 2013
When we come across such headline: Five-digit dividend a month for investor or $120K per year; they are very inspiring stories.
... "On average, my investments get me a 10% return per year."
Then we may realise it required at least $1M invested capital in the stock market to get that five-digit dividend a month.
$1M may come from combination from high saving rate from high earned income and/or past compounded investment return from portfolio.
However, not forgetting the hard truth in Singapore ....
Among resident employed households, the median monthly income rose from
S$7,040 in 2011 to S$7,570 last year, registering a 7.5% increase in
nominal terms, or 2.7% in real terms (i.e. after accounting for
inflation).
Read? Gross Monthly Income From Work in Singapore. Get your expectation right.
Not high income earner. How?
No chance?
Not really.
Still ......
