Pleasantly Surprised With Forgotten Dividend Stock Investments End 2017



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"

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.

Where to next?

  1. Back to NigelChua Home Page

  2. Contact me by email at (even just to say hi) nigel@nigelchua.com

  3. See the latest articles and updates at the blog

  4. Check out all the resources and tools I use

  5. See my top two resources below: Wealthy Affiliate (left) and Solo Build It (right) - both have very specific strengths and functions

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