Passive Income

[Salary.sg]

Do you make any passive income? Does it exceed the salary from your regular job?

Examples of passive income sources include: rental, investment dividends, book royalties, website advertisements, self-running web businesses, revenue from software products such as iphone apps, other self-running businesses, etc.

[miwashi]

normally how many hundreds of thousands must you have invested in stocks before the dividends are in the region of $3000 ah?

Originally Posted by Salary.sg

Do you make any passive income? Does it exceed the salary from your regular job?

Examples of passive income sources include: rental, investment dividends, book royalties, website advertisements, self-running web businesses, revenue from software products such as iphone apps, other self-running businesses, etc.

Rental + Dividends = 190k p.a.

Originally Posted by miwashi

normally how many hundreds of thousands must you have invested in stocks before the dividends are in the region of $3000 ah?

3k per month? that means 36k pa.

36k / 0.0685 = $526k

if you invest in a high-yield stock like Starhub. other stocks may need more. some stocks don't usually give out dividends, like Apple.

Starhub Ltd (STAR.SI) Quote| Reuters.com

Originally Posted by Unregistered

Rental + Dividends = 190k p.a.

How much money did you put into the rental properties and stocks?

[miwashi]

oops.. i mean per quarter or year... looking at more realistic returns here.

Originally Posted by miwashi

oops.. i mean per quarter or year... looking at more realistic returns here.

for 3k pa, you need to put in about 44k.

for 3k pq, it's 131k.

assuming yield is high at 6.85% (starhub).

Originally Posted by Unregistered

for 3k pa, you need to put in about 44k.

for 3k pq, it's 131k.

assuming yield is high at 6.85% (starhub).

The calculation is correct, but not recommended to put all money in Starhub as their dividend is higher than profit, so their dividend is not really dividend but giving out principle as well.

Spread out risk usually yield is ~4.5%. 3k per q will need about 270k.

[miwashi]

starhub seems to be climbing for the past year
pretty expensive now

[bioman]

By the way, where is a good place to get educated on stocks?

Originally Posted by Unregistered

3k per month? that means 36k pa.

36k / 0.0685 = $526k

if you invest in a high-yield stock like Starhub. other stocks may need more. some stocks don't usually give out dividends, like Apple.

Starhub Ltd (STAR.SI) Quote| Reuters.com