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Anonymous
Should I invest for passive income at young age too though my goal of investment is wealth accumulation?
At a young age, I know that wealth accumulation is the priority that we have to be aggressive with and the income investment can always wait. However, my strategy for investment portfolio is to invest for capital gain and also I am thinking of investing for passive income. However, I don’t need to get dividend at young age but to reinvest till I need dividend at later age. The reason I am thinking of passive income is because the time is best to enter than later years. Is it a good move?
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Lin Yun Heng
05 Jan 2021
Senior Analyst at Delphi
As a young person myself, I realise this the hard way.
I started off accumulating dividend stocks but the passive income don’t make sense as my capital was small. So I switched over to growth and to maximise capital accumulation so that I can quickly reach a bigger sum and then switch to dividend investing.
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Randy
05 Jan 2021
Financial Analyst at
It all depends to your belief. There is this thing called dividend irrelevance argument by Miller & ...
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Can have both.
I got 2 portfolio. 1 with all sg banks & reit, 1 with all US tech stocks. Around 30% - 70%.
Because i think is difficult to switch from growth to passive income later on.
IMAGINE
Dividend company normally very slow in growth.
If all your growth stocks worth million when you old, you will face a dilemma. ( at least for me)
If i have both. I just allocate more to dividend stock, less in growth later on. Without selling anything. I only sell growth if really really emergency , else just leave it as a legacy.