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How much are you earning per annum?

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  #11651 (permalink)  
Old 08-04-2019, 09:58 PM
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On your point of getting 5% dividends - So would you have considered hyflux a blue chip stock ?
I often hear people saying if you got say half a million dollars n invest in blue chip or solid stocks, you can get 5% or maybe higher n you can slow down or retire. Well can somebody share with me some of these blue chips as it is always easier said than done. Hyflux, swiber, noble, swissco....i nearly invest in them. Really woken me that nothing is safe. Now I just leave all my funds in the bank FD n cpf account which is more than a mil now. If these two fail, then i think its doomsday for mankind.

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  #11652 (permalink)  
Old 08-04-2019, 10:03 PM
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How about insurance, ETF, UT?

Perhaps those are more diversified instead of concentrated in one stock?

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I often hear people saying if you got say half a million dollars n invest in blue chip or solid stocks, you can get 5% or maybe higher n you can slow down or retire. Well can somebody share with me some of these blue chips as it is always easier said than done. Hyflux, swiber, noble, swissco....i nearly invest in them. Really woken me that nothing is safe. Now I just leave all my funds in the bank FD n cpf account which is more than a mil now. If these two fail, then i think its doomsday for mankind.


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  #11653 (permalink)  
Old 09-04-2019, 03:08 AM
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How about insurance, ETF, UT?

Perhaps those are more diversified instead of concentrated in one stock?
Thanks. Yes, maybe good to consider those blue chip / solid names unit trusts from Schroders, Blackrock, Templeton...but after awhile become too confused as there are many similar sounding funds sold by them. Some called them high yield, growth, multi asset but looks like junk bonds products to me. Safer to look at Income but also there are many similar products. Can somewhere who already are receiving good returns from investing in Income funds share their portfolio like what fund, how long they have it and what the annual average return? I can always learn from the successful.

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  #11654 (permalink)  
Old 09-04-2019, 07:59 AM
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Hyflux was a relatively new company that invented a special technology. Considered a growth stock and not blue chip. Noble is a highly speculative commodities trading firm. Not blue chip.

Blue chip refers to large, established, stable and boring companies. DBS, Singtel, CapitaLand's stable of companies, Singapore Airlines are come that come to mind. Any similarities? Hehe.
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  #11655 (permalink)  
Old 09-04-2019, 12:49 PM
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Hyflux was a relatively new company that invented a special technology. Considered a growth stock and not blue chip. Noble is a highly speculative commodities trading firm. Not blue chip.

Blue chip refers to large, established, stable and boring companies. DBS, Singtel, CapitaLand's stable of companies, Singapore Airlines are come that come to mind. Any similarities? Hehe.
Tks. NOL was once a public listed blue chip but now a sad story. Point is blue today, maybe perhaps black tomorrow. Ah!!! that's why MAS has been telling the masses all investment carry risks....caveat emptor!! Think i will still keep my funds in the bank n cpf. At least the funds are more protected n returns assured like the sun will always rise from the east. Returns meaning positive return excluding inflation lah!


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  #11656 (permalink)  
Old 09-04-2019, 04:09 PM
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Keeping in CPF is a must. Next probably in some diversified equity, UT, insurance, SN.

Don't go Hong Lim and protest to return the CPF. Wonder what is safer than CPF for those that asked to return.



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Tks. NOL was once a public listed blue chip but now a sad story. Point is blue today, maybe perhaps black tomorrow. Ah!!! that's why MAS has been telling the masses all investment carry risks....caveat emptor!! Think i will still keep my funds in the bank n cpf. At least the funds are more protected n returns assured like the sun will always rise from the east. Returns meaning positive return excluding inflation lah!


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  #11657 (permalink)  
Old 10-04-2019, 10:57 AM
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Earning $365k a year is remarkable but not special. Now my challenge to him / her would be to SAVE $365k a year. That would be like saving $1,000 a day, every day for a whole year.

As a couple, my wife and I, are able to do just that, save well above $400,000 a year, combined. And why was it special for us? Because we dont even earn that much combined.

Our savings rate was only possible because of passive income! Our passive income was able to cover our yearly expense and have some left over!
You both donít earn that much combined and yet you can save more than what you earn? What drugs are you both on? Want to sell financial products also donít smoke until like that lah...

You go rob the rest is it?
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  #11658 (permalink)  
Old 10-04-2019, 04:00 PM
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Hi Bro, it is possible as long as their invested sum compounded over the years. I guess they are likely in the mid-50's.

You need to invest early in order to receive a good compounded passive income over the years. Start at 20's and it will snowball higher than your active income.




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You both donít earn that much combined and yet you can save more than what you earn? What drugs are you both on? Want to sell financial products also donít smoke until like that lah...

You go rob the rest is it?
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  #11659 (permalink)  
Old 10-04-2019, 07:01 PM
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Originally Posted by Unregistered View Post
Hi Bro, it is possible as long as their invested sum compounded over the years. I guess they are likely in the mid-50's.

You need to invest early in order to receive a good compounded passive income over the years. Start at 20's and it will snowball higher than your active income.
Of course it is possible. It is just what kind of risk that is involved.

And without any disclosure on the portfolio , there is no way anyone can ascertain these details.

But i must say it is impressive if one can earn a return that exceeds beyond employment income consistently as the poster. And those that do, they rarely share their secrets because sometimes in revealing these secrets, the risk of the portfolio outperforming reduces significantly.
Eg : if you spot an equity that has potential buy out and more people buy the equity pushing the price up, while is good, reduces the buyout opportunity. So all in all, you dont gain as much and capital get stuck longer.
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  #11660 (permalink)  
Old 11-04-2019, 07:44 AM
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They can also retire at 55 by renting out their HDB flat and retire in KL. Their dividends already give them $45k pa. They can get an extra $24k pa ($2k pm) by renting out their 4 room HDB flat (Note: HDB flat is an asset that can generate income). So in total, their passive income is $69k pa or RM207k pa.

With RM207k pa in passive income, they can retire very rich.

Their expenses:

Rent a bungalow RM6k pm or RM72k pa.
Food, utilities and car 4k pm or RM48k pa.
Holidays and miscellaneous RM5k pm or RM60k pa.
Total expenses RM180k pa.
Savings RM27k pa.

When they reach 65, their CPF Life will give them an extra $4k pm or $48k pa or RM144k pa. They can use that extra money to travel the world in luxury!

No need to save millions to retire very rich. Just need to think outside the box.

So, even average engineers living in HDB flats can also retire very rich if they are smart in their retirement planning. Singaporeans are very lucky because they can buy cheap BTO HDB flats. They can easily clear HDB loan in a few years if they are financially prudent and don't waste money by house upgrading, buying cars, employing maid, smoking and gambling.



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A husband & wife couple who are both engineers (they are not high income earners) can still retire at 55 if they are disciplined. They must not upgrade their lifestyle even though their income rises over the years.

Assuming they bought their BTO 4 room HDB flat at a very cheap price (at only $300k) and paid their mortgage off by 55 using their CPF. They also stay in their flat all their lives. Also they don't own a car and don't employ a maid (it costs $2k pm to own a car and $1k pm to employ a maid). They can easily save on average $30k pa over their 30 years of working. This means they can save $900k by the time they retire at 55.

With $900k, they can invest in a 5% dividend yield portfolio of good, blue chip stocks which give them $45k pa in dividends. They can also rent out two of their empty rooms since their children would have been married and staying in their own BTO flat. They can get $700 pm for each room.

In total, their passive income will be $5,150 pm. This is enough for them to buy food and pay utilities for two retired old persons. At 65, their passive income will rise by an additional $3,600 pm from their CPF Life. So it becomes $8,750 pm in passive income!

So, even an engineer married couple can retire at 55 if they don't overspend by upgrading to a condo, owning a car and employing a maid. These luxuries are just for those (eg bankers) who are high income earners.

We are very lucky to have the very cheap BTO HDB flat system, which allows those who are not high income earners to easily afford a home and retire comfortably.
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