The Seventh Hundred Thousand (Dividend Snowball)

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In addition to the Tiger dividend received last week, in addition to the passive salary that finally broke through six figures this year, the accumulated dividends over the years have also leveled up to the seventh one-hundred-thousand level. I am happy for the smooth rolling of Snowball during the epidemic. .

Looking back on the process of accumulating dividend snowballs over the years:

First Small Buy: 15th Dec’08

Start buying stocks in bulk: 14th Mar’11

The first one hundred thousand: 31st Dec’15 (7 years and half a month from the initial stock purchase)

Second Hundred Thousand: 31st Aug’17 (one year and eight months)

The Third Hundred Thousand: 30th Sep’18 (year after month)

Fourth Hundred Thousand: 30th Nov’19 (one year and two months)

Fifth Hundred Thousand: 30th Nov’20 (one year)

Sixth Hundred Thousand: 31st Jul’21 (eight months)

Seventh Hundred Thousand: 15th Apr’22 (eight and a half months)

The time required for the upgrade is half a month longer than the last time, mainly due to the different timing of dividends paid out by one’s own portfolio and the large gap between different months. In order to make up for this imbalance, some REITs that paid dividends in unpopular months have begun to collect this year. In the journey from 6 to 7000000, the big change is to bring out the combination of Public Bank, which has a low dividend yield, and Panasonic Electric, whose performance is not stable. I hope that in the last year before retiring and returning to China, the Dividends This passive salary has become more even and stable.

The dividends that the Mercury Bears have received in the past have been used to snowball reinvestment, and the speed of accumulating assets will be much less than the spare money that can be squeezed out by their own active income to save stocks. Although he will live on dividends from next year, he will retain a portion of it to reinvest to deal with the inflation he will face after retirement.

The series has lasted for over a decade, and every time I share it, I get a lot of motivated cheers, as well as some inexplicable sarcasm.

This world is so unsatisfactory, some people are busy changing their world, and some people are busy sneering next to them. Therefore, the world also shows two kinds of life: one is busy responding to cynicism, spending a lot of energy on explanations and proofs, and finally being slowed down by a group of people who may never have the chance to know each other or even achieve nothing; The other is to walk forward with a smile, and use one effort after another to tell the world that I am determined to make a worthwhile trip.

In the face of such malice, there is no need to devote any energy to responding. For example, when the Mercury Bear writes a book, there are always people who like and dislike. In fact, these are not important. What is important is that the Mercury Bear writes books not to please anyone, but to express his own thoughts. As Suzuki Koji said: If you say flowers are beautiful, someone will say, “There are also flowers that are not beautiful.” Anticipating such complaints, I wrote “there are beautiful flowers, and there are also unbeautiful flowers.” This is basically nonsense, and words that everyone agrees with are not expressions at all.

As long as we can take responsibility for our own lives, it doesn’t matter if we are not shaken. There is no need to cede the referee position to someone who has no authority or authority over your life.

Mercury Bear has never been a person who brings good luck. But in the eyes of others, these gains will exaggerate your luck while ignoring your efforts in it.

Time is like a Mr. Postman who is never late. The stories you write will turn into one letter after another and go to the future. The current Mercury Bear is formed by the past.

Some people ask, what should I do if I wake up now?

No one has the obligation to tell you the big truth in life, but you have to understand and don’t choose the comfortable path easily. The Mercury Bear always feels that in this balanced reincarnation world, the part you don’t want to face, in the days to come, one day it will come to collect debts from you.

All the results are what we have laid down before. After all, there is nothing we can do that we can’t go back. All we can do is to rewrite it from the moment we discover it, and hope that in the future, we will be kind to our hard-working self.

After all, a future with plenty of money will definitely be more interesting than a moonlight life that is stretched thin.

Book online shopping link (Malaysia): “Workers Dividend Road”

Book online shopping link (Singapore): “Workers Dividend Road” SG

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This article is reprinted from: https://mercurychong.blogspot.com/2022/04/blog-post_22.html
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