24 Nov 2020
I'm a late starter. I'm 69 years old and have money to invest. I want a balanced portfolio. I'm thinking Dividend Growth stocks might be a good idea. Is it?
Any suggestions for dividend growth stocks?
Have u max out ur RA? then CPF life will give max monthly payout $2k+
Yes. Dividend stock is good for retirememt age' cashflow is more important than capital gain at this stage.
SG Bank, Reits and unit trust.
Should aim for 3-4% dividend p.a. REIT, usually is more stable.
SG bank super safe. Govt wont let them go bust
Unit trust aim for monthly dividend payout. Because stock normally payout quaterly.
Write your thoughts