Earlier today, I was checking on the total amount of dividend I received over the past 12 months.
Upon a simple calculation, I have received a total of S$2000+ in the past 12 months, on a cost of S$43000 if I exclude the purchases over the past 3 months.
That translate to a 4.5% portfolio yield.
While the additional dividend income is exciting for some, but when I look at my bank account or in terms of net worth, the dividend income doesn’t move the needle.
To be honest, it is a bit disheartening.
So the question is, how much is enough?
What figure should our dividend portfolio return us in order for us to feel happy?
Perhaps when the portfolio returns me S$5,000 a month in dividend, enough to cover our living expenses with some to spare, then we will finally be able to enjoy the fruits of investing.
Having S$5,000 in monthly dividend, or S$60,000 in annual dividend, using current 4.5% yield, will mean that we need at least S$1.33 Million in our portfolio.
Currently we are only at S$70,000 in our Singapore portfolio, and we are only at 5% into our journey!
With that figure in perspective, it seems like that is so much more to do.
Investing really is a slow and painful marathon.
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