Q & ACategory: Stocksdividen stock investment
Lim Wai Yoke asked 4 years ago

Hi KC,
 
would like to know how to get financial freedom by investing in dividend stock. and how long it takes ?
let’s say have 1 mil in cash.
 
thanks.

1 Answers
KCLau Staff answered 4 years ago

That depends on a few variables:
– how much do you need to live as financial independent? RM5k/month, or RM20k/month
– what dividend yield you can achieve overtime? 5% p.a., 8% p.a. etc
– when do you have to achieve that? Now, in 10 years, in 20 years?
We can’t estimate without the full picture.

And the most important, are you a good stock investor?