I am 22 this year and about to ord in august. Since 19, I had a goal to accumulate 100k by 29. I gave myself 10 years to reach this goal. In the past few years, I have been working on some part-time jobs and internship. After enlisting, I got a steady income of around $800+ per month and $300 from my parents as allowance. I decided that I would like to save and invest a large portion of the money and live frugally like how I was during my poly time. My goal is to accumulate 50k net worth by ord. Today as of 26/07/2022, my net worth finally hit 50k. I save and invest around 1k per month since I enlisted, for the past few months my net worth has been quite stagnant due to the correction in the market. However, these few days the markets bounced back and right now with the paper profit I hit 50k. Of course, paper profits fluctuate a lot. It might be a short-term thing. What is more certain is my dividends, my dividends from stocks rise from $37 in 2019 to at least 1.2k in 2022(estimated
Bought 600 shares of MINT at 2.53, lowering my cost to 2.606. The latest Q3 results is very impressive, yoy and QoQ dpu growth. Tdy mint drop around 3-4 percent, it such a steal for me since now based on Q3 dpu is 5.5%. At FY2020 DPU of 12.55 it will be 4.96% /4.81% At 2021Q1 DPU of 0.0335 it will be 5.29% / 5.14% At 2021 Q2 DPU of 0.0347 it will be 5.48% / 5.33% At 2021 Q3 DPU of 0.0349 it will be 5.51%/ 5.35% Now my cash is just nice around 20%. Looking to add more ASCENDAS and fct but will have to wait for a while for my cash to replenish.
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