What is dividend investing?
Dividend investing is buying stocks that distribute a portion of their profits to shareholders in the form of cash.
Personally for myself, I still like quality dividend paying stocks. At the same time, I also invest in REITs (Real Estate Investment Trust) at the moment; I do not own any investment property except the house (HDB) I’m living in which I have fully pay up. Both are very good instruments to invest & get rich.
Nonetheless, in the near future, I dun rule out that, I might invest in property.
When we buy a house, we no longer have to pay rent & we are the property owner. Unless, the property is able to generate cash flow (Passive income) & we will consider it as an investment property.
Doing a comparison between HDB and Condo, I will still prefer to get the HDB instead Condo even though I can offer it. Firstly, I just need a roof top over my head; secondly the money I’m able to save allows me to invest, collect more dividends and make me even richer.
Nowadays, I notice there are people choose to stay in condo and at the same time, they also wish to own a car because of status. I guess those lifestyle to them is much important than financial freedom.