I was so pleasantly surprised when I finally had time to rummage through my chaotic/messy tables to clear up all the documents and paperwork where I discovered two SGX statements.
When I went through them, I found that I had received dividends in the month of November and December 2017 (you can find the details here:
It makes me so happy!
The reason why I’m pleasantly surprised is because I recall selling all my dividend stocks sometime in mid 2017 – I cant remember the exact date offhand, but I know I sold them all for a good 25%+ return ON TOP OF most dividends…
…so I wasn’t expecting any dividends at all.
But, this recently jogged my memory – I realized I had pumped in some money to invest in some dividend stocks I think sometime back in September 2017, so that I can still have some “surprise pocket money”
Table Of Contents
SURPRISE POCKET MONEY
This is by far the #1 reason why I love investing into passive dividend stocks for the dividends.
I’d invest in them, forget, and then whenever I look at my ATM, realize that I have cash again.
LOL.
I’m not financially free (at least not yet at this time in writing), but it’s a really good feeling.
And when the monthly statements come, then I realize “oh, that’s why I had money coming in – those were dividends”
My dividends made for my pocket money for the most of 2016 and 2017, until I sold them all off in early 2017, before buying some again in 4Q2017.
My game plan right now is the same:
- build/acquire more assets and businesses that will provide me positive cash flow and profits
- take these surplus and invest them into stable and reliable passive income dividend stocks.
Rinse and repeat until my dividends are more than SGD 100,000 per year; and that is my baseline benchmark financial goal.
And thereafter, just rinse and repeat and perhaps diversify and keep living.
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Hang around here for some time, you’d see that I don’t well with hype or bullshit. I can smell that typically a mile away, and I hate that shit too.
I’ve been working on myself and on NigelChua.com for years, since 2006, and only in late 2019, I started to focus on intuitive and loving leadership, entreprenership and personal development.
Here are some areas that I work on a consistent, ongoing basis.
See the Tools & Resources I use to improve my life, businesses, health, build passive income and more.
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- Success Principles
Take action TODAY: One year from today, you’ll be one year older. What would you have done by then?
I’m the founder and writer here at NigelChua.com; as well as serial entrepreneur, therapy business entrepreneur, digital entrepreneur, investor and also happy husband, father and Christian.
Started and sold off a business for 7-figures; built another 7-figure one and growing it further, plus building/investing into other businesses and investments as well as advisory works.
Nowadays I share and teach entrepreneurship, financial independence, retiring early as well as building and living a life you love.
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