facebookDid anyone attend the talk by Dr. Wealth yesterday? On "How to build and sustain a consistent income stream with Dividends". What are your thoughts? - Seedly

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Anonymous

01 Oct 2020

Random

Did anyone attend the talk by Dr. Wealth yesterday? On "How to build and sustain a consistent income stream with Dividends". What are your thoughts?

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Kenneth Lou

01 Oct 2020

Co-founder at Seedly

I didn't attend that specific talk by DrWealth but what I did attend were other talks by them in the past before around the REITs in Singapore ones.

I feel that the dream of just relying on Dividends can be a cautious dream to have. Namely because of the recent COVID-19 situation you can see how the fragalities of such a system took shape.

Please be cautious of the word - Consistent

Here are some examples why:

  • The local S-REITs actually delayed their dividends due to the pandemic this year

  • The local three big banks (DBS UOB and OCBC) are reducing their dividend amounts due to the pandemic and poor economic outlook as well (MAS allowed this as well)

  • Regulations serve its purpose but you can never be truly certain

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