Celebrating New Milestone Achieved:- Accumulated SGD 100K Dividends After 87 Months

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This is going to be a relatively short post, as a personal record to pen down a new achievement I have unlocked.

I have started investing and trading since 2010, but without any systematic methodology.  It took many years of hits and misses, buy high sell low, fear of missing out and buying based on hearsay and selling on news out of fear, before I finally decided to revamp my investing methodology and stick to it religiously.  The pivoting point began at the end of 2017, when I decided that dividend investing is the path for me to take.  It is not a path or strategy suitable for everyone, and I understand that there are many naysayers of dividend investing.  However for myself, I appreciate the beauty of dividend investing and it is definitely the method that suits my personality and lifestyle.

After the pivot, I started recording the dividends collected from my SG Dividend Portfolio since January 2018.  It has been a slow but steady journey.  After embarking on this dividend investing journey, I became more disciplined in investing, and investing with a guided set of rules to follow definitely eliminates the mindless chasing of the next big thing.  Most importantly, joining like-minded investors in DI Telegram Group also help us support one another in our investing journey, giving insights to one another's strategies and building a supportive investing environment for all.  Personally I have definitely learnt and benefited a lot from many knowledgeable and experienced individuals in DI Telegram Group.  

As of today, after the last company in my portfolio having announced their earnings and the dividends payable by end of March 2025, I would like to give myself a pat on the back, and congratulate myself for having accumulated SGD 100K in dividends collected since January 2018, after a lengthy 87 months.  This is a little milestone for me, and I look forward for more to come!

This has been a long journey.  Many traders and growth stock investors will see SGD 100K as a small sum which should take a short time to achieve.  87 months is a long time, and growth investors will likely say that they can probably achieve SGD 100K in a much shorter duration.  I do not doubt that, but I know what works for me personally.  Though it took me quite a long time to achieve this milestone, I think I have become a better investor through this journey.  Frankly speaking, besides the time needed to wait and accumulate dividends, there is minimal things I will need to do with my portfolio.  

What is there not to like when I get to collect dividends when I am practically monitoring my portfolio minimally, with time freed up to do other things that I need to do, and have an option to either reinvest the dividends into more quality companies to further generate more dividends, or spend the dividends for my daily expenses or travel expenses.  Moving forward, I will definitely be able to achieve the next SGD 100K in a much shorter period.  Hopefully I can get to the second milestone in a much shorter 43 months (using half the time).  Small steps will help me move further for sure, and onward to the next SGD 100K!  Barista FIRE, here I come...!

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