Dear Students of Batch 39,
It's been a great honour and privilege to conduct a 5-Day Early Retirement Workshop for you.
A lot of peculiar things have happened to the ERM program before this batch. One student wrote to me a while ago that he had tendered his resignation from his job at a multinational. He is in his early fifties, like me, and this is about five years after he attended the program. Another wrote to tell me that his passive income has breached the $1,000 mark.
However, the marketing arm of Dr.Wealth ended up going away empty-handed, as they preferred to maintain their privacy so that they couldn’t reveal their names for the testimonial.
The nature of the dividend investor does not have the same flash and bang as other investment methods, where some fantastic gains are one-off. This is a slow burn involving years of steady wealth accumulation. When you win the dividends arena, the wins are likely persistent and life-changing. Your life changes as you now have the freedom to design a life in any form as you wish. It can also attract negative attention, so I respect the desire for confidentiality.
As for the financial market, we are entering a period where the STI has reached above 4,300 points, so the question from retail investors is whether we are reaching the peak of the stock market. The answer from our course materials is a clear no, as our price-earnings ratio has barely cracked 14. Even so, tailwinds like EQDP and local market reforms will provide enough fuel to reach a PE of 16.
So don’t let the knowledge go to waste. This batch built a portfolio that can generate an average of $100 per month with a capital injection of slightly more than $18,000. Once you gain some momentum, start scaling up your dividend operations, and I hope that in due time, the success stories of financial independence will come from you.
Lastly, I hope Batch 39 will participate actively in the FB group.
Hope to see you then!
Christopher Ng Wai Chung
No comments:
Post a Comment