With AimsAmpReit released its latest financial report, I re-calculate average monthly income to be :
S$(108 + 123 + 100 + 111) / 3 = S$147
When the foreign exchange rate is finalised by FSL & PST, I will update the final figure for my average monthly income in Part 3.
Hi Passive Investor,
ReplyDeleteYour target of $3000 monthly dividend income is huge! What is the timeline you set to achieve this?
For me, I am planning to achieve $500 monthly dividends by 2013. lol
My target is really small compared to yours.
Hi Dividends Warrior, welcome to my little investment space !! :=)
ReplyDeleteYes, I think this is an ambitious goal and I do not have a timeline to achieve it. However, I do believe when one gets his first pot of gold, it is much easier to reach for his second, third and more pots of gold. Hence, I believe when I reach a S$500 monthly dividend income, it is much easier to reach a S$1000 monthly income than, say, when I am still at my 1Q10 of S$36/mth dividend income.
It is not an easy task but I believe we can do it !! Keep in contact ... :=)
Yup. I agree with the pot of gold analogy.
ReplyDeleteHope we can earn our first pot of gold asap :)
A nice review of stocks.
ReplyDelete