Passive Income
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. |
normally how many hundreds of thousands must you have invested in stocks before the dividends are in the region of $3000 ah?
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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 |
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oops.. i mean per quarter or year... looking at more realistic returns here.
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for 3k pq, it's 131k. assuming yield is high at 6.85% (starhub). |
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Spread out risk usually yield is ~4.5%. 3k per q will need about 270k. |
starhub seems to be climbing for the past year
pretty expensive now |
By the way, where is a good place to get educated on stocks?
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