Posted by haikeyila > 2013-11-08 09:34 | Report Abuse

bravo. luck or skill?

Posted by JayC > 2013-11-08 10:32 | Report Abuse

I only 37, i also 5 digit dividend le

Posted by kcchongnz > 2013-11-08 10:43 | Report Abuse

A five-digit dividend a month in Singapore is pretty good.

This gentleman Mr Ang is lucky, not in his stock pick, but must have got some good inheritance from his father.

"My dad died when I was 25 and he left me the family house,"

Owning a house in Singapore must be very well to do and hence should have quite some money left as a legacy to his children.

However, Mr Ang has built up a good discipline of saving and investing that is important.

"I started investing in stocks with money from my savings shortly after I turned 21," he recalls.

“On average, my investments get me a 10 per cent return per year.”


"Stocks which are undervalued appeal to me, especially for companies whose market capitalisation is less than the value of the assets, or have a price-to-earnings ratio of 10 and below."

Although he specialises in sussing out smaller firms here, Mr Ang doesn't go for speculative counters.

Yes, investing needs not to be complicated but one must have the right philosophy. A real return after inflation of about 8% with low risk is pretty good.

Posted by aunloke > 2013-11-08 10:58 | Report Abuse

If you start from zero you should be happy if you can touch 4 digit dividend, never mind you can't reach 5 digit at least you can have a target of another digit up and that will be good enough.