The Nasty Truth Why The Rich Get Richer, While The Poor Gets Poorer in Singapore…
The Rich Use This ‘Money Multiplier” Method To Exponentially Grow Their Wealth And Collect Huge Passive Income Year After Year…
Why You Need To Know This
It is a truth that Singapore is THE most expensive city in the world. We have held on to this title for many years, winning popular cities like Paris, Tokyo and Hong Kong.
Now, there are many ways to look at this.
We can be a typical Singaporean, whining and complaining why our government is making Singapore such an expensive place to live in.
We can find out how the rich Singaporeans become rich, how they grow and compound their wealth, and how we can be like them one day.
As the famous saying goes, the poor complain, the rich compound.
You see, the fact that you are reading this, shows that you are interested to know how to rich become richer in Singapore. And this is what I’m going to share with you today.
Power Of Real Passive Income
If you have read finance books, you would have come across the term passive income.
But this term passive income has been abused by many get-rich-quick ‘gurus’, saying it is an income that you generate without doing any work.
Now, as someone who has generated $1.6 million dollars in passive income in 2015 alone, let me define the real meaning of passive income.
Passive Income: You must put in a one-time original effort, and you will keep getting rewarded based on your first time effort.
There are many ways to generate passive income, but let me share with you one powerful method that I used to generate my huge passive income (seriously, you just need to master this one method, you can be rich!)
1. One time effort for multiple returns
As you can see, the SGX shares I bought in 2003 (one-time effort), keep paying me dividends (passive income!). I just have to do my homework once to make sure that the shares I buy is a good business that will generate free cashflow and reward its shareholders handsomely.
So you see, I did my homework in 2003, I buy into the shares, and have collected its returns over and over again.
No more extra work from me (other than counting the money they send me!)
2. Special dividends In Addition to the Ordinary dividends (Extra money!)
Whatever I showed you above, is just the ordinary dividends SGX give out. However, SGX also gives out special dividends, which is extra dividend on top of the ordinary dividend!
In 2003, they paid an ordinary dividend of $0.051. But they also paid a special dividend of $0.34! This makes the total dividend for that year at $0.39 per share!
Let’s do a simple math again:
I bought the shares in 2003 at $1.60, I receive dividend of $0.39. This means the dividend yield for that year is 24.3%!
Not only that.
In 2005, SGX paid an ordinary dividends of $0.085. They also paid another special dividend of $0.15. This makes the total dividend to be $0.235 per share!
Who wouldn’t love this kind of passive income, which keep giving you good returns, PLUS more returns when their business is good?
3. Nanny Nanny Poo Poo You Cannot Tax Me!
Does my $1.6 million dollar passive income looks attractive to you?
Nah. You haven’t see anything yet!
The best part is… my passive income derived from stock dividends, is not taxable! This entire sum of $1.6 million dollars is mine to keep, and IRAS can’t take a single cent from me!
This is because in Singapore, and also in Malaysia and Hong Kong, we have a single tax structure. The company will get taxed, but the rest of the cash that are distributed to shareholders won’t get taxed.
Wow, isn’t this wonderful?
On the other hand, if you are earning $1.6 million as a salary, you have to pay more than $200,000 in tax to the government (much like giving a free Mercedes C-Class to IRAS every year!)
You Know The Truth Why The Rich Gets Richer. But You Are Ready To Become Richer?
I have said earlier. Many Singaporeans like to complain.
But rich Singaporeans like to compound.
They grow and multiply their wealth by building passive income streams.
They do their homework to evaluate a good company once, invest it in, and keep earning 20-25% annual returns. Sometimes, they are even rewarded with special dividends. And what’s more, whatever they earn, are not taxable!
I have showed you how the rich become richer.
I’m also the live testimony how i become richer by using what I showed you earlier.
Now, are you ready to learn?
Today, you will have the opportunity to change your financial destiny because we are opening up our Free 2 Hours Value Investing Seminar on a first-come-first-served basis!
Here's a fraction of what you will discover in this free seminar:
- The PROVEN investment strategy used by one of the world's richest investor Warren Buffett, and how you can apply it for yourself.
- The exact methodology we use to generate 19-25% returns annually so that you can enjoy your retirement earlier! Pinpoint undervalued and profitable stocks with ease with this SIMPLE formula that everyone can use.
- Create multiple streams of passive income through stock dividends, so that you will be generating income even while you are on vacation!
- Never having to spend long hours staring at the charts on your computer screen ever again!
- and much, much more!
Eh? You're still here?
Ok...here's what some people say about the workshop
The seats are truly limited and at this time, we are going to be closing off the registration REALLY SOON to avoid having to turn down people at the event!
Here are the details for this seminar:
Date: 30th November 2016, Wednesday
Venue: 10 Anson Road, International Plaza, #10-26, Singapore 079903 (Next to Tanjong Pagar MRT)
Date: 7th December 2016, Wednesday
Venue: 47 Scotts Road, Goldbell Towers, #03-03, Singapore 228233 (3 mins walk from Newton MRT)
So we would strongly urge you to register for the FREE event and training by clicking on the "Register My Seat" button below!
You will receive a email confirmation that you have registered for the event. I'm expecting a full house turn up for ALL the sessions!
I hope you can master this Value Investing knowledge and start achieving results for yourself.
See you at the event,
General Manager, 8 Investment Pte Ltd
Established in 2008, 8I Education has been paving the way for financial education for the masses in Singapore, Malaysia and China, covering areas including equity investing, property investing, the capital markets and more.
More than 4,000 participants have since attended our programs, and we have been voted the “Most Preferred Financial Educator” at the Invest Fair 2015.
Our parent company, 8I Holdings Limited, is public listed on the Australian Stock Exchange, and is the holding company of the 8I Group with two main segments; an investment business focusing on listed securities, co-property developments and private businesses, as well as a financial education & training seminar business.
Earnings Disclaimer: “Please note that the material here is provided to you for general information and illustrative purposes only, or as descriptive case studies on how our value-investing principles may be applied. It is not intended to be and should not be construed as any form of general or specific financial advice. For the avoidance of doubt, we do not recommend or provide opinions on how or what you should or should not be investing in, and you should always do your own research and independent assessment before making any investment decisions, taking into account your own specific circumstances. If you require any financial advice on investments or any other financial matters, please consult the relevant professional financial advisers.”