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Whats your net worth

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  #2671 (permalink)  
Old 19-06-2019, 12:51 AM
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Which part of SG do you live in?
Yishun flat

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  #2672 (permalink)  
Old 26-06-2019, 11:02 AM
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Typical perpetual drawdown rate is 4%. With 5mil asset, you should have a safe 200k to spend a year, or about 16k a month. You shouldn't have issue to generate 10k a month.
Thanks for replying. I feel that the 4% rule applied to the past when getting a high interest rate of 5-6% from deposits and low risk instruments was relatively easy to achieve. You can get close now however I want to wait for a correction to buy some more blue chip securities.

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  #2673 (permalink)  
Old 26-06-2019, 11:10 AM
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It is not that difficult to earn a 10k passive income. A 2M portfolio having a mixture of blue chip banks, and REITS can easily get you 5-6% yield at relatively low risk.

s://theunnecessaryjob.blogspot.com/2019/06/portfolio-and-dividend-update-q2-fy19.html



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  #2674 (permalink)  
Old 27-06-2019, 12:32 PM
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It is not that difficult to earn a 10k passive income. A 2M portfolio having a mixture of blue chip banks, and REITS can easily get you 5-6% yield at relatively low risk.

s://theunnecessaryjob.blogspot.com/2019/06/portfolio-and-dividend-update-q2-fy19.html
I do not really believe in passive income in blue chips and REITS etc. It is not difficult but a person has to actively monitor and manage these. It gets harder as one gets older and needs to rely more on the passive income vs a salary for expenses.

I feel that the success in those financial blogs is because we have had a long run without a depression in the markets.

Also, if someone has 2M, its advisable to break that down to different asset classes and also maintain some cash for emergencies and also for a war chest which means that it will not be a straight 4-6% yield for the entire amount.
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  #2675 (permalink)  
Old 11-08-2019, 06:02 PM
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42 married
About SGD 2m in stocks cash cpf etc plus 500k my share of home equity value
Wife has more about 3m plus 500k
We made a spreadsheet about 8 years ago planning out how much we wanted to earn each year, save each year, invest each year and Target net worth each year. So far on target
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