Over decades, this process builds up an increasing stream of passive income that you can potentially enjoy in your retirement years.
In Singapore, there are many reasons investors are interested in dividend investing.
Why, you may ask?
Singapore is a tax haven. Singapore does not tax capital gains or have any dividend withholding tax.
This means everything you earn from stocks be it through capital appreciation or dividends, will not be taxed!
Why is Dividend Investing attractive?
Remember when people always mention – passive income.
Dividend Investing is one way you can generate passive income through dividends. You can sit back, relax and have a steady stream of cash flowing into your bank account.
When you reach the age where you are into wealth preservation, dividend investing certainly appeals to you. Furthermore, these dividends can double up as a supplement to your regular job. Or even for your necessities....