investing👍 3
$500 dividends per month
Hello, am here to seek some opinions. For context im 32M looking to get some dividends income to better diversify my portfolio. I have in general settled my high risk investments (or at least am happy with current investment amts) And am looking for a more stable fixed income / dividends / low risk investments. The goal here is whether i am able to earn on avg $500 in dividends. Plan is to start accumulating over time (dca) singapore stocks that pays dividends. And for the first year re-invest my dividends earnings. 1. which platform do u recommend? 2. is there any flaw in this plan? 3. do u recommend funds over purchasing the stocks by itself? E.g UOBAM vs UOB stocks itself 4. any current stocks u recommend and is now a good time to buy in? (Just trying to time the market a little so outlook is better, also why i’m looking to dca)