It is possible to retire with dividend income of $10,000 per month (or $120,000 annually) in 15 years time by investing mere $375,000 in dividend growth stocks today.
If you invest in stocks with 15% average annual dividend growth for the next 15 years, you should buy such dividend growth stocks with dividend payment up to $15,000 per annum today. At dividend yield of 4%, the investment cost should be only $375,000 now.
That's all it takes to retire in 15 years with $10,000 income per month. You just need to select and invest in the right stocks with average annual growth of 15% for the next 15 years.
I can almost hear you saying that this is impossible for stocks listed in Bursa Malaysia. Historically Dutch Lady Milk Industries Berhad (DLADY) and Padini Holdings Berhad (PADINI) both met the criteria. Panasonic Manufacturing Malaysia Berhad (PANAMY) has 10 years record with average annual growth of 15% since 2006.
This is the main theme of this financial blog. Seek growth.
If you invest in stocks with 15% average annual dividend growth for the next 15 years, you should buy such dividend growth stocks with dividend payment up to $15,000 per annum today. At dividend yield of 4%, the investment cost should be only $375,000 now.
That's all it takes to retire in 15 years with $10,000 income per month. You just need to select and invest in the right stocks with average annual growth of 15% for the next 15 years.
I can almost hear you saying that this is impossible for stocks listed in Bursa Malaysia. Historically Dutch Lady Milk Industries Berhad (DLADY) and Padini Holdings Berhad (PADINI) both met the criteria. Panasonic Manufacturing Malaysia Berhad (PANAMY) has 10 years record with average annual growth of 15% since 2006.
This is the main theme of this financial blog. Seek growth.
Comments
Post a Comment