If you are a Singapore resident and hoping to rely on dividends as a main form of your passive income, you don’t have to look overseas, our Singapore market is a great place to help you do so.
Finding that difficult to believe … just read the following:
STI ETFDon’t know how to choose stock, then just buy STI ETF off the market.
What is its dividend yield?
3.5% this year and 3.0% historically. Not bad, isn’t it? esp if it can be sustained year after year …. it sure beats the fixed deposit.
Yes, stock prices goes up and down, so will STI index but if you are investing for dividend, then why be so bothered, just chill and collect dividends twice every year.
Better still, if you adopt a regular purchase regime, say you buy $250 worth of STI ETF every month, on “bad” years when the
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