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Dividends

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Investments

Stocks Discussion

ETF

Dividends

You can consider working with a financial advisor that distributes Dimensional Fund Advisors. Mainly capital growth as they use accumulating funds and dividends are automatically reinvested. But they are globally diversified low cost index-like funds. Alternatively you can buy vanguard ETFs yourselves using an international broker.

Investments

Stocks Discussion

Dividends

Featuring Jayden
Featuring Jayden
Level 3. Wonderkid
Updated 1d ago
Hi there, My take would be Dividend Growth investing - because if a company is able to pay consistent & growing dividends, it means that it has a strong business model which should lead to capital appreciation in the long run. In fact, in my video, highlighted 3 reasons why I'm have a Dividend Growth portfolio: 1. Suit my personal goals of passive income 2. Gives clarity to my investing decisions 3. Dividend companies, on average, out-performs growth stocks in the long run ! Watch the video to learn more about Dividend Growth investing and why I chose it as my investment strategy. Hope it helps!
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Income Tax

OCBC RoboInvest

Dividends

I guess the taxes you mention are withholding taxes from the foreign ETFs, which the robo will deduct from your returns automatically so there's nth you need to do. Like what Rais mention, Capital and div gains are not subject to taxes.

Investments

ETF

Dividends

Geraldo L.
Geraldo L.
Level 6. Master
Updated 3d ago
Dividend reinvestment is done by the fund to puchase more shares making up the fund, i.e. NAV of CSPX increases. This increases the value of each each unit of CSPX but you do not get any extra units of CSPX. Dividend WHT of 15% still applies before dividends are distributed to the fund, and is at 15% (instead of 30%) due to the tax treaty between US and Ireland (since CSPX is Irish domiciled). Betterspider wrote a good article on how WHT for CSPX works, have a read: https://betterspider.com/tax-efficient-etf-avoid-withholding-tax/

Entrepreneurship

Dividends

CPF

N
Nathaniel
Level 4. Prodigy
Answered 3d ago
1. Do I need to pay CPF on dividends? It depends. If you're not self-employed, then no. CPF is payable on Ordinary Wages (OW) and Additional Wages (AW). Dividends don't fall into either of these wage categories (they're capital gains). If you're only drawing dividends from the company, you don't make CPF contributions from your dividends alone. See here for income that's subject to CPF contribution: https://www.cpf.gov.sg/Employers/EmployerGuides/employer-guides/hiring-employees/cpf-contributions-for-your-employees If you're self-employed, however, then you'll have to contribute to your Medisave only. You must make this contribution if your annual Net Trade Income (NTI) SGD 6,000. Dividends would constitute a form of Net Trade Income (well, strictly speaking it's actually the business profit you declare that forms your NTI, and you have to make a profit to issue dividends anyway). See here for a definition of NTI, and Medisave contribution rates: https://www.iras.gov.sg/IRASHome/Businesses/Self-Employed/Working-out-your-taxes/Deductions-to-Save-Tax/Compulsory-and-Voluntary-Medisave-Contributions/ 2. When can I declare dividends? You can declare dividends anytime throughout the year; these are called "interim dividends". At the end of the company's financial year, you'll declare a "final dividend". Singapore Legal Advice has a useful guide on declaring dividends: https://singaporelegaladvice.com/law-articles/dividend-payments-guide-singapore Remember that you can only declare dividends (whether interm or final) if your company is reporting a profit. If you declare a dividend knowing that your company hasn't generated profits, you'll be exposed to both criminal and civil liability. Under Section 403(2) of the Companies Act, directors who declare dividends without available profits can be jailed up to 12 months, fined up to $5,000, and will be personally liable for all corporate debts incurred to the extent that dividends paid exceeded profits. See here for an explanation of the top 5 director liabilities in Singapore: https://www.coverprovide.com/top-5-personal-liabilities-of-directors-under-singapores-companies-act/ 3. If you're a company director, you're exposed to a wide variety of legal liabilities, from customers to creditors to employees. Directors who get sued personally will have personal assets like their house and bank savings exposed to legal claims. It's important to protect your assets with Directors & Officers Liability Insurance (D&O Insurance), which will pay for legal defense costs and damages awarded. Directors can get D&O Insurance with $1,000,000 in coverage, starting from only $75/month. Get an online Directors & Officers Liability Insurance quote within 60 seconds at: https://www.coverprovide.com/product-category/directors-and-officers-liability-insurance/

Investments

Retirement

Dividends

Stocks Discussion

Since your biggest concern is a market downturn, you may want to do dollar cost averaging of about $200 to $300 every month. This is because time in the market is better than timing the market. You never know when is the best time to enter the market. Just my humble opinion.

Retirement

CPF

Dividends

Investments

Davin Lee W J
Davin Lee W J
Level 6. Master
Answered 4d ago
When u say saved enough means you do not need to rely on CPF money for retirement. If I were you, I would like to debt free when I retire. If I can afford, I will pay it off with cash as the CPF money providing guaranteed return. For investment, I always prefer to use cash rather using CPF OA.

Retirement

Dividends

FIRE Movement

Lok Yang Teng
Lok Yang Teng
Level 8. Wizard
Answered 4d ago
Depends on your age. If you are still young, you should consider growth centric portfolio rather than dividend since the returns wouldn't be alot. Once older, slowly transition your portfolio to more dividend based. Once you have accumulated a sufficient capital, you can invest in stocks or bonds that pays regular dividends/coupons.

Investments

Dividends

Stocks Discussion

Kenneth Lou
Kenneth Lou, Co-founder at Seedly
Level 9. God of Wisdom
Answered 4d ago
Shariah-compliant financial solutions continue to attract a growing number of investors who seek principled investing practices. It serves as a form of portfolio diversification and also insulates against the volatility of other asset classes as Shariah-compliant investments offer better transparency and promotes transactions that are equitable. This approach fosters an attitude of risk-sharing and mutual responsibility, while also prohibiting unethical products and excessive leveraging. (which I'm guessing most other financially incentivised and driven funds would focus on) I found this online: Bursa Malaysia is a global leader in Islamic capital market innovations, and has pioneered several initiatives catering to the requirements of investors. Bursa Malaysia-i, launched in September 2016, is the world’s first end-to-end Shariah-compliant investing platform offering a comprehensive suite of Shariah-compliant investing and exchange-related services.
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