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How to deal with the idea of 15% yielding "unicorn" yield stocks.
By Growing your tree of prosperity  •  October 4, 2015
Investment moats struck blogger gold again with an article on keeping cash around for that 15% yielding stock. To me, this article borders on financial pornography, but it does so in two good ways : Firstly, Driz'zt did not insist that 15% yields exists, he merely suggests that a prudent investor hold some cash in reserve should that day arrive. Secondly, he referenced my blog, so I would need to put in some effort to build on his ideas. The main idea of my article is that a 15% yielding stock which would pave the way for your financial independence is a mythical animal much like a Unicorn. Most of the time, these yields are not sustainable and you are likely to be burnt if you build up a solid $50,000 just to plonk it on a yield stock that would collapse within the following 2 years. Here are some ......
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By Growing your tree of prosperity
I have recently completed my Juris Doctor and I am waiting to be called by the Singapore Bar. For the past 15 years I was an IT manager and I have worked in multinationals, financial exchanges, trade unions and even a government agency. I started my career as an AS/400 administrator and moved on to manage IT projects and operations
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