2:38: 🎙 AK, a legendary Singaporean retail investor and author of the blog 'Singaporean Stocks Investor Assi', discusses his retirement and encourages early retirement for those who are financially prudent. 4:39: 💼 The interviewee built a portfolio of dividend income over the years, starting with trading and later focusing on REITs and banks. 10:40: 💰 Investing in dividend-paying stocks provides predictable income, especially for retirees or those planning for retirement. 16:23: 💰 The speaker discusses the concept of an upside-down pyramid for investment portfolios, with cash and income-focused investments at the bottom and speculative positions at the top 21:49: 📉 The speaker discusses the risks and challenges of investing in dividend stocks, including the possibility of stocks stopping dividend payments during crises. 26:49: 💰 Investing for income requires consistency and adaptability, and most people cannot handle volatility. 31:25: 💼 AK emphasizes the importance of dividends and having a strong balance sheet in investing. Recap by Tammy AI
3P's: Patience, Prudence, Pragmatism What an awesome philosophy to live by. I also like the fact that he knew what he wanted from the get go and stuck to his guns. Also goes to show you don't have to love your job too 😆, a job earns money which is a tool to leverage or build the life you want. Thanks Fifth Person for bringing him on.
Basically, he invested in stocks with part of his monthly salary every month and kept the stocks. No different from the S&P. Almost everyone who did it became a multi-millionaires. Nothing miraculous.
IMO, it's not all dividend or all growth. Depending on age, you allocate differently. When a person is young, there is longer run way and higher risk tolerance. Therefore, a younger person can allocate more to growth stocks. Growth stocks can increase the portfolio value much faster if done in the right way. A lower risk way to do it is to DRIP in ETFs like QQQ. Over a long period of time (>10 years), QQQ return is very substantial. Yes, volatility is high, but if you're looking at >10 years horizon, the risk is actually not high (volatility does not equal risk in the long run). Therefore, no stock picking is required. After middle age, one can start to build a larger dividend portfolio by redeploying money from the growth portfolio. For me, I started about 30 years ago, starting with 90% growth and 10% dividend. Now, I'm 80% dividend and 20% growth. Over a career lifetime, one could build up a substantial asset and to support continuous income post retirement that way.
I have a different opinion. Tech is disrupting traditional industries and tech will drive value creation for the foreseeable future. On the other hand, those supposedly weather-proof blue-chips in traditionally "safe" industries will be disrupted instead. Hence, they will no longer be as safe as they used to be. Therefore I would recommend having exposure to tech in our portfolio. The weightage is a personal's choice. Especially for younger investors with longer horizon and more tolerance to volatility should include a reasonably significant exposure to tech.
@@BlackSwan-sq2iw omg your strategy is exactly like mine! Im mid 30s now, and also allocated 100% QQQ, i am looking at 20 year horizon minimum and transitioning to dividend/income strategy after. 100% agreed with everything you mentioned. I am also in tech myself and firmly believe it will outperform all sectors over a long term horizon
the worst investment is savings insurance, it lock the money 10-20years, and give miserable 3% interests, buyer is losing in inflation yearly, and when there is a need of money, the buyer has to 6% interests rate for loan.
i totally know what AK is talking about . I'm was 45 retired into doing a business i love doing everyday , doesn't seems like work . And i also invest in dividend stocks , trading stocks . Achieved 3 freedom : Finance , Time & Mind . All these will not happen if I'm still working for others & being employed.
Say he invested all in good stock Frasers L&T Trust. A good Reit, give him 6%/yr per share in dividend or $0.06 / share. And say all his dividend stocks are giving this dividend. In 2022 he received SGD$200k of dividends. That means he owns $200,000/$0.06 = 3.333 millions shares. 3.333 million shares × (ATH 1.57 - ATL.1.07 in 2022) = SGD1.666mil capital depreciation in 10 montha that year. But if he bought at $1, his total capital appreciated by 3.333 millions x (ATL 1.07 - Cost price $1) = $233,310. Mean net for 2022 asset is dropped by 1.66 mil - 233,310 = 1.43 mil from ATH that year. This does not mean AK71 lose this amount or we are sore about his success. Far from it because he had invested very early when they are a lot cheaper and he said he had moved significant amount out of Reits to banks due to predictable high interest rate. Smart guy. But not everyone is as savvy as him in timing and stock picking.
Many thanks to AK for his willingness to share in person! Looking forward to more future sharing sessions! Kind of indirect endorsement for The Fifth Person investing course that is highly recommended by my friend!
wow. his profile quite similar to mine - fired 7+ years ago and getting cpf in 3 years time. haha...i guesstimate his pot is worth 3 to 4mil. at 5 to 6% div yield, that generates about 200K p.a. passive. difference is while his is mainly into stocks, my pot got more pattern - bonds, stocks, options and prop. 😅
Thank you to The Fifth Person & AK for organising this for us. My dad introduced AK to us since more than 10 years ago. Great advice on "Patience, Prudence and Pragmatic"
What's more important is how he got there. =) AK has been investing for 30 years now. Started during his Uni days with a few thousand dollars. He grew his initial pot via trading -- which he mentioned, put his portfolio up to about $500K... after at which he switched to dividend investing. If its really as per you said at $5M... then isn't the journey to $5M more impressive?
Really great to see AK. Stay healthy. Stay active and continue talking to yourself. I really like the part AK speak about on Growth stocks. Growth is really difficult to compute. I remember two years ago where at one time Tesla had a PE ratio of 2000. When the price is that high, the predictability drops. Like what AK says, money is not easy to earn, no need throw everything in.
Thanks for the information. We are newbie and fist know about investment and signed up the first investment course known as GIM - Superstock by Kelvin Seetoh and Jonanthon company. They talk about 10x and forget about 5 to 7% ... now the entire portfolio failed ...... very sad on this and they close up the training after earning heaps of our hardearn money .... really sad...
Its painful no doubt..but just move on, newbies usually got time on their side which is extremely impt for compounding. A lot of us also paid a lot of tuition fees, one way or the other..its good to get the hard lesson earlier rather than later, IMO.
AK Why OCBC? I'm perplexed. I sit through the agm, I tot they were the most "frightened" sounding. UOB very the confident, DBS same but before Credit Suisse.
@@TheFifthPersonChannel Omg, thought he is the type who doesn't want to be in the limelight so it didn't occur to me to do a search for his channel! Thanks for telling me!
Let's say the return is 20%, the capital is $1m. Out of reach for many if not most retail investors. Definitely out of league for me. But definitely a goal and motivation for others to aim for and emulate.
AK started out when he was 21, he's 52 this year.... retired at 45. When we knew him 13 years ago, he's already taking home 120K in dividends / year. If you reinvest those dividends to buy more dividend assets, it'll grow over time too. Took some time, but slow and steady wins the race.
@@TheFifthPersonChannel but he did mention he made 500k from trading alone in his younger days. and also in his blog last time he made a bit off property too.
I invested in dividends paying stocks 3yrs ago with $350k. I never added anymore $. Now it's almost double. It'll probably reach past $1M very soon especially bull market is here. You dont need $1M to start. You reach $1M later😂
Let me make a guess: He should be a Taurus or 20% virgo, chose to be single (because he find kids too expensive and a hindrance to his retirement) and doesn’t really touch property investment
Yes!. agreed. with AK. He has no confidence on the New SATS ..management due to the rights issue and borrowing money $$$ to acquire WFS.. Hence he sold his stakes.
Great video 👍....i have been a follower of AK's blog and learnt so much from him over the years! Looking forward to watch many more interviews with him in future.... I hope he could share his portfolio (not in dollar value to respect his needs for privacy), just in terms of proportion % on stocks composition, e.g % in banks, reits, transport, etc.... Thank you!
@@TheFifthPersonChannel thanks for reply! I am Chinese American and I want to diversify my investment away from US dollars. I want to open a Singapore broker account online, transfer part of my money there, and buy dividend stocks. I wonder if foreigners (me) have to pay some capital gains or dividends tax? I currently have $1.2M usd in my portfolio pumping out $120k usd dividends per yr.
You're most welcome! You won't be taxed on the Singapore side. We're not familiar with American tax rules and you may want to check if the IRS will tax you on your foreign gains/dividends.
@@peanut0brain Due to American laws restrictions on Americans’ foreign source of income and overseas investments, I don’t think Singapore banks would allow tax free dividends investments for any Americans, this is from speaking to several Singapore top bank managers.
Investing for growth or capital gains require 3 questions to be answered:- what to buy, when to buy & when to sell. These questions are even more frequent in day trading. Investing for dividends generally do not require the 3rd question to be answered which reduces the stress in investing. Moreover for people earning salaries, dividend investing provides a clearer financial target for retirement. Preferably the dividend income should equal the salary, but at least should be above the monthly expenses.
I like his approach on using 3 Ps. It is what i also adopt in my own business. IMO, what is dont usually trust in stocks is that you dont have control over your income. The dividends that are paid are determined by the companies and you don't have any say of how the companies operate. IMO, they are not stable over the long term. True, the large companies like the banks do give stable dividends. But they are still not under your control. The best way to ensure stability of income permanently is to do something that you can control. Such as, setting up your business by adopting the 3Ps. That way, you can predict better how it will grow and set up a team of dedicate people to help manage it for you. There is more fulfillment to this. Furthermore, business is a legacy that can be passed on to the next gen. This is just my opinion. It really boils down to ones preference on what he or she is willing to make an effort in life.
Dividend funds are a good way to go. So long as there are stock markets there will be companies paying dividends. At times one might need to reallocate, but dividends will always be there.
my guess is at least 10M net worth under his belt, the dividend stocks might form a large part of the net worth. For normal folks to reach that level , you need to speculate in business or in growth stocks to get that few pots of gold then you can diversify to maintain the wealth. Base on salary alone will takes many decades and MAYBE reach these numbers in your 60s or 70s. You need to speculate to reach accumulate stage.
Trading and investing with high risk is the way if we are still young but when we get older its better to switch to dividend investing in stocks or bonds. Just YOLOing when we is still young because massive profit is out of reach playing the market with conservative strategies😂
Hey Ryan, the 2022 crash were mainly tech stocks in the U.S. AK invest only in SG markets. the drawdown, if any, were minimal. But you definitely can follow him on his investment journey from his blog. He talks extensively on his holdings and portfolio every now and then. =)
Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place.
there is ALOT more property investors in sg having similar 200k or more rental income compare to stock investors. that should tell you which asset class is easier for you to achieve your financial freedom
2:38: 🎙 AK, a legendary Singaporean retail investor and author of the blog 'Singaporean Stocks Investor Assi', discusses his retirement and encourages early retirement for those who are financially prudent.
4:39: 💼 The interviewee built a portfolio of dividend income over the years, starting with trading and later focusing on REITs and banks.
10:40: 💰 Investing in dividend-paying stocks provides predictable income, especially for retirees or those planning for retirement.
16:23: 💰 The speaker discusses the concept of an upside-down pyramid for investment portfolios, with cash and income-focused investments at the bottom and speculative positions at the top
21:49: 📉 The speaker discusses the risks and challenges of investing in dividend stocks, including the possibility of stocks stopping dividend payments during crises.
26:49: 💰 Investing for income requires consistency and adaptability, and most people cannot handle volatility.
31:25: 💼 AK emphasizes the importance of dividends and having a strong balance sheet in investing.
Recap by Tammy AI
3P's: Patience, Prudence, Pragmatism
What an awesome philosophy to live by. I also like the fact that he knew what he wanted from the get go and stuck to his guns. Also goes to show you don't have to love your job too 😆, a job earns money which is a tool to leverage or build the life you want.
Thanks Fifth Person for bringing him on.
Basically, he invested in stocks with part of his monthly salary every month and kept the stocks. No different from the S&P. Almost everyone who did it became a multi-millionaires. Nothing miraculous.
Perhaps the gist lies more in the discipline, not the tool.
Then why isn’t everyone a millionaire?
Because not everyone earns enough to have spare savings to invest and also not everyone is disciplined
@@garyoakham9723 many has lost to something called "patient"
@@garyoakham9723good one
AK super sensible guy, listen to him, not the get quick rich gurus and their youtube ads
精彩的访谈! 感恩AK这些年的分享，提高了我的财商，改善了我的财务状况!
Without AK, I won't be where i am today. Trusted advice and straight to the point. And that's how i got to know Fifthperson :)
IMO, it's not all dividend or all growth. Depending on age, you allocate differently. When a person is young, there is longer run way and higher risk tolerance. Therefore, a younger person can allocate more to growth stocks. Growth stocks can increase the portfolio value much faster if done in the right way. A lower risk way to do it is to DRIP in ETFs like QQQ. Over a long period of time (>10 years), QQQ return is very substantial. Yes, volatility is high, but if you're looking at >10 years horizon, the risk is actually not high (volatility does not equal risk in the long run). Therefore, no stock picking is required.
After middle age, one can start to build a larger dividend portfolio by redeploying money from the growth portfolio. For me, I started about 30 years ago, starting with 90% growth and 10% dividend. Now, I'm 80% dividend and 20% growth. Over a career lifetime, one could build up a substantial asset and to support continuous income post retirement that way.
QQQ is very risky, super concentrated in tech. I'd recommend buying VOO instead.
I have a different opinion. Tech is disrupting traditional industries and tech will drive value creation for the foreseeable future. On the other hand, those supposedly weather-proof blue-chips in traditionally "safe" industries will be disrupted instead. Hence, they will no longer be as safe as they used to be.
Therefore I would recommend having exposure to tech in our portfolio. The weightage is a personal's choice. Especially for younger investors with longer horizon and more tolerance to volatility should include a reasonably significant exposure to tech.
@@BlackSwan-sq2iw omg your strategy is exactly like mine! Im mid 30s now, and also allocated 100% QQQ, i am looking at 20 year horizon minimum and transitioning to dividend/income strategy after. 100% agreed with everything you mentioned. I am also in tech myself and firmly believe it will outperform all sectors over a long term horizon
but if u invest in QQQ or VOO isnt it a US stock and u would have to pay a 30 percent withholding tax?
There are Growth stocks and there are Dividend stocks but there are also Growth Dividend stocks that people need to find as well.
the worst investment is savings insurance, it lock the money 10-20years, and give miserable 3% interests, buyer is losing in inflation yearly, and when there is a need of money, the buyer has to 6% interests rate for loan.
The self - confidence you have make me feel secured about this strat
i totally know what AK is talking about . I'm was 45 retired into doing a business i love doing everyday , doesn't seems like work . And i also invest in dividend stocks , trading stocks .
Achieved 3 freedom : Finance , Time & Mind . All these will not happen if I'm still working for others & being employed.
is there a time you felt lost on what you want to do before you full force doing what you love?
what is your net worth?
Say he invested all in good stock Frasers L&T Trust.
A good Reit, give him 6%/yr per share in dividend or $0.06 / share.
And say all his dividend stocks are giving this dividend.
In 2022 he received SGD$200k of dividends.
That means he owns $200,000/$0.06 = 3.333 millions shares.
3.333 million shares × (ATH 1.57 - ATL.1.07 in 2022) = SGD1.666mil capital depreciation in 10 montha that year.
But if he bought at $1, his total capital appreciated by 3.333 millions x (ATL 1.07 - Cost price $1) = $233,310.
Mean net for 2022 asset is dropped by 1.66 mil - 233,310 = 1.43 mil from ATH that year.
This does not mean AK71 lose this amount or we are sore about his success. Far from it because he had invested very early when they are a lot cheaper and he said he had moved significant amount out of Reits to banks due to predictable high interest rate. Smart guy. But not everyone is as savvy as him in timing and stock picking.
@@labopanalop2016 he bought DBS at $16-$17 in 2016, its already more than 100% returns if include dividends
Thanks for inviting the legend!
AK is the one who inspired my investment journey! 😁
Many thanks to AK for his willingness to share in person! Looking forward to more future sharing sessions! Kind of indirect endorsement for The Fifth Person investing course that is highly recommended by my friend!
wow. his profile quite similar to mine - fired 7+ years ago and getting cpf in 3 years time. haha...i guesstimate his pot is worth 3 to 4mil. at 5 to 6% div yield, that generates about 200K p.a. passive. difference is while his is mainly into stocks, my pot got more pattern - bonds, stocks, options and prop. 😅
what’s your annual dividend income?
What a wise man AK ..... I am learning so much just from this talk
Glad it was useful for you!
Great interview. I've been following AK's blog for many many years!
Thanks!
AK provides good financial advice and it is free of charge. Highly recommended especially his advice on CPF.
Thank you to The Fifth Person & AK for organising this for us. My dad introduced AK to us since more than 10 years ago. Great advice on "Patience, Prudence and Pragmatic"
Our pleasure!
Happy to learn for the past 8 years. Into CPF then reinforced by Mr Loo
More important than absolute dividend is the yield. So taking $200k on an average of 4% yield, his portfolio is around $5 mio thereabout
What's more important is how he got there. =) AK has been investing for 30 years now. Started during his Uni days with a few thousand dollars. He grew his initial pot via trading -- which he mentioned, put his portfolio up to about $500K... after at which he switched to dividend investing. If its really as per you said at $5M... then isn't the journey to $5M more impressive?
Really great to see AK. Stay healthy. Stay active and continue talking to yourself. I really like the part AK speak about on Growth stocks. Growth is really difficult to compute. I remember two years ago where at one time Tesla had a PE ratio of 2000. When the price is that high, the predictability drops. Like what AK says, money is not easy to earn, no need throw everything in.
Please invite AK to your TH-cam regularly, his knowledge of investing is valuable .thanks
Thanks for the information. We are newbie and fist know about investment and signed up the first investment course known as GIM - Superstock by Kelvin Seetoh and Jonanthon company. They talk about 10x and forget about 5 to 7% ... now the entire portfolio failed ...... very sad on this and they close up the training after earning heaps of our hardearn money .... really sad...
Its painful no doubt..but just move on, newbies usually got time on their side which is extremely impt for compounding. A lot of us also paid a lot of tuition fees, one way or the other..its good to get the hard lesson earlier rather than later, IMO.
19:56 AK suanning ML issit.
That part quite funny! 🤣
Been a long time AK! Glad to see you are looking good :) Pioneering putting money in CPF before the current 1M65 too
So good to hear his voice. I followed his youtube.. but the voice is generated by machine... lol
He can be pretty shy... =P
AK Why OCBC? I'm perplexed. I sit through the agm, I tot they were the most "frightened" sounding. UOB very the confident, DBS same but before Credit Suisse.
Legend. Been following him for many many years.
Legend indeed!
The way he talked is really funny, hope he has his own youtube channel one day!
He has his own youtube channel at AK71SG =)
@@TheFifthPersonChannel Omg, thought he is the type who doesn't want to be in the limelight so it didn't occur to me to do a search for his channel! Thanks for telling me!
@@byang yes he still doesnt want to be in the limelight, his youtube channel is all ai generated voice
Have been following ak’s blog for years !
Always enjoy AK sharing. Transparent n educational
Glad you enjoyed it!
Let's say the return is 20%, the capital is $1m. Out of reach for many if not most retail investors. Definitely out of league for me. But definitely a goal and motivation for others to aim for and emulate.
AK started out when he was 21, he's 52 this year.... retired at 45. When we knew him 13 years ago, he's already taking home 120K in dividends / year. If you reinvest those dividends to buy more dividend assets, it'll grow over time too. Took some time, but slow and steady wins the race.
@@TheFifthPersonChannel but he did mention he made 500k from trading alone in his younger days. and also in his blog last time he made a bit off property too.
I invested in dividends paying stocks 3yrs ago with $350k. I never added anymore $. Now it's almost double. It'll probably reach past $1M very soon especially bull market is here. You dont need $1M to start. You reach $1M later😂
@@peanut0brainwhich country 's dividend paying stocks? US or Singapore?
Good interview with AK, thanks guys.
Thanks Kevin!
Hi, love your content! The ebook link doesn't seem to be working.
Thanks Darren! Which link are you referring to?
@@TheFifthPersonChannel Apologies, it was my device's error.
WOW ONE OF THE BEST LOCAL INTERVIEWS IVE SEEN IN A WHILE. THANKS BROS FOR DOING THIS
Great interview guys. Loading on REITS now. I didnt know this guy. He is cool.
Let me make a guess:
He should be a Taurus or 20% virgo, chose to be single (because he find kids too expensive and a hindrance to his retirement) and doesn’t really touch property investment
Good, solid conservative comments from AK as usual. Definitely worth listening to!
Thanks for listening!
Interesting talk. So Singaporean! What AK Said, happened to any investors here.
What's the return % p.a.?
How he got to 5m?
Yes!. agreed. with AK. He has no confidence on the New SATS ..management due to the rights issue and borrowing money $$$ to acquire WFS.. Hence he sold his stakes.
Sg Passive income Grandmaster
🧙
the steel pot helmet can also be use for cooking maggi mee!
You must be a lao jiao
Great video! Fantastic interview. I only have one complain... it is too short. So please get AK back for another episode!
Agreed, too short!
Will there be a part 2?
what stock did he mention abt the peter lim thingy?
Great video 👍....i have been a follower of AK's blog and learnt so much from him over the years! Looking forward to watch many more interviews with him in future.... I hope he could share his portfolio (not in dollar value to respect his needs for privacy), just in terms of proportion % on stocks composition, e.g % in banks, reits, transport, etc.... Thank you!
I believe in Singapore there is no tax on dividends nor on capital gains?!
Yes, Singapore has zero capital gains and dividend tax.
@@TheFifthPersonChannel thanks for reply! I am Chinese American and I want to diversify my investment away from US dollars. I want to open a Singapore broker account online, transfer part of my money there, and buy dividend stocks. I wonder if foreigners (me) have to pay some capital gains or dividends tax? I currently have $1.2M usd in my portfolio pumping out $120k usd dividends per yr.
You're most welcome! You won't be taxed on the Singapore side. We're not familiar with American tax rules and you may want to check if the IRS will tax you on your foreign gains/dividends.
@@peanut0brain Due to American laws restrictions on Americans’ foreign source of income and overseas investments, I don’t think Singapore banks would allow tax free dividends investments for any Americans, this is from speaking to several Singapore top bank managers.
Investing for growth or capital gains require 3 questions to be answered:- what to buy, when to buy & when to sell. These questions are even more frequent in day trading. Investing for dividends generally do not require the 3rd question to be answered which reduces the stress in investing.
Moreover for people earning salaries, dividend investing provides a clearer financial target for retirement. Preferably the dividend income should equal the salary, but at least should be above the monthly expenses.
Thanks for sharing AK
wealth can never hide various NS experience 🕶️😷
I like his approach on using 3 Ps. It is what i also adopt in my own business. IMO, what is dont usually trust in stocks is that you dont have control over your income. The dividends that are paid are determined by the companies and you don't have any say of how the companies operate. IMO, they are not stable over the long term. True, the large companies like the banks do give stable dividends. But they are still not under your control. The best way to ensure stability of income permanently is to do something that you can control. Such as, setting up your business by adopting the 3Ps. That way, you can predict better how it will grow and set up a team of dedicate people to help manage it for you. There is more fulfillment to this. Furthermore, business is a legacy that can be passed on to the next gen. This is just my opinion. It really boils down to ones preference on what he or she is willing to make an effort in life.
Dividend funds are a good way to go. So long as there are stock markets there will be companies paying dividends. At times one might need to reallocate, but dividends will always be there.
what's the estimated capital outlay for achieving 200k in dividends per year?
If 6% then should be 3.4 mill ba
"The person inside (TH-cam) is not a guru but a gundo!" LOVE IT! 😁
I agree, many unit trust... i lost heap of it...
How much he invested to get $200k dividends?
True
He has a lot of money to invest while we don’t
Love this video, good one. He is so AK
Quintessentially.
Nice interview
Thank you!
Investing in stock market need high virtue..depend what kind stock..and invest only 30% of all ur wealth to suggest
he is much older tho, what works previously won’t work now
AK, what books would u suggest investors should read? Thanks!
I enjoyed this. Thanks.
Really a realistic investor 😊😊😊😊
whats the total value of his portfolio?
where can i see which are the Reits invested on?
Hey Ralph, you can always follow him on his blog. He blogs every now and then on his holdings. =)
AK - POWER!
Power of CD! 💪
Will be interesting to know the capital outlay to achieve this return.
Thank you AK! I have learnt something from this interview session!
my guess is at least 10M net worth under his belt, the dividend stocks might form a large part of the net worth. For normal folks to reach that level , you need to speculate in business or in growth stocks to get that few pots of gold then you can diversify to maintain the wealth. Base on salary alone will takes many decades and MAYBE reach these numbers in your 60s or 70s. You need to speculate to reach accumulate stage.
A fantastic interview! 👍
Glad you enjoyed it!
Dividend +$200k, base stock -$400k
All good ak but 4% good return? I think more like above 7
Keen to hear AK and the Fifth Person team’s thoughts on the Chinese banks which are paying good dividends
Trading and investing with high risk is the way if we are still young but when we get older its better to switch to dividend investing in stocks or bonds.
Just YOLOing when we is still young because massive profit is out of reach playing the market with conservative strategies😂
That pyramid is a great idea.
AK...I thought it would be Adam Khoo lol
Just curious if AK dividends were 200k in 2022, what was the drawdown incurred during 2022 crash?
Hey Ryan, the 2022 crash were mainly tech stocks in the U.S. AK invest only in SG markets. the drawdown, if any, were minimal. But you definitely can follow him on his investment journey from his blog. He talks extensively on his holdings and portfolio every now and then. =)
The man, the myth, the legend. If AK can do it, so can you!
Master Leong haha
Don’t like dividends. Very slow.
Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place.
cant listen to someone who only invests in sg stock market
You simply invest where you're personally comfortable with; Singapore has just worked very well for AK.
he feels more like 60+ instead of 50+. lol
aiyo can we have a longer version? such a nice interview and entertaining
MasterL has left the chat.....
MasterL’s ship has left port and sailing to Treasure Island .. don’t be too happy yet coz it may capsize in the sea
Ak = Adam Khoo ??
Haha. Different AK!
Feels like he's repeating similar things to Warran Buffett imo
finally a follow up since last vid
So where in the pyramid do ETFs like S&P 500 lie?
Speculative
Incom + growth
Income
Cash
should have asked him why he choose to remain single ha ha .. raising a kid to 20 years of age cost easily at least 200k or more nowadays
"Raising a kid to 20 years of age cost easily at least 200k or more nowadays."
He would probably give you that exact reply 😂
If he can do it, we all can do it….😊
there is ALOT more property investors in sg having similar 200k or more rental income compare to stock investors.
that should tell you which asset class is easier for you to achieve your financial freedom
Nice穿漢服👍👍🥺
Problem When u have too much money
Meetings vibes. I don't like
Hes full of nonsense. He didn't make any income. It comes out of the price of the stock. He lost money cause he has to pay taxes on it.
Real?
Alamak AK. 😂