HNWI Posted May 7, 2019 Share Posted May 7, 2019 I see many expats living here using money from renting out property back in farangland. But it seems very few living off dividends? Link to comment Share on other sites More sharing options...
NCC1701A Posted May 7, 2019 Share Posted May 7, 2019 i got out of the market after age 60. too scary for me. Link to comment Share on other sites More sharing options...
tubby johnson Posted May 7, 2019 Share Posted May 7, 2019 I do. Dividend growth stocks: the dividend rises every year. I reinvest some of the earnings and transfer what I need to my Thai bank account. Link to comment Share on other sites More sharing options...
macahoom Posted May 7, 2019 Share Posted May 7, 2019 51 minutes ago, NCC1701A said: i got out of the market after age 60. too scary for me. Can I ask how you money is now invested? Link to comment Share on other sites More sharing options...
watcharacters Posted May 7, 2019 Share Posted May 7, 2019 2 minutes ago, macahoom said: Can I ask how you money is now invested? Perhaps you'd be forthcoming about your money investments before asking the question of others? Link to comment Share on other sites More sharing options...
NCC1701A Posted May 7, 2019 Share Posted May 7, 2019 58 minutes ago, macahoom said: Can I ask how you money is now invested? cash in the bank. real estate. Link to comment Share on other sites More sharing options...
macahoom Posted May 7, 2019 Share Posted May 7, 2019 1 hour ago, NCC1701A said: cash in the bank. real estate. Thank you! I thought my question was a reasonable one to ask, and I am glad you agree. I appreciate your answer. I have done the same as you and your answer helps me believe I have done the right thing. Link to comment Share on other sites More sharing options...
HNWI Posted May 7, 2019 Author Share Posted May 7, 2019 I invest in US, Chinese stocks mostly. Growth stocks, spec stocks, value stocks and dividend stocks. Obviously they fall in a few categories. Ark ETFs are a good call for the lazy investors. Link to comment Share on other sites More sharing options...
dotpoom Posted May 7, 2019 Share Posted May 7, 2019 It's not a question I have on my mind when I wake up in the mornings. Cannot see the purpose of knowing the answer? Link to comment Share on other sites More sharing options...
chicowoodduck Posted May 8, 2019 Share Posted May 8, 2019 Got out of the market long ago and sleep better because of it.....???????? Link to comment Share on other sites More sharing options...
Peterw42 Posted May 8, 2019 Share Posted May 8, 2019 I live off rent and dividends, its a bit of a no brainer in Australia, there are banks that will give you 3% if you put money in an account or 6% dividends if you hold their stock. Australia also has the advantage of tax has already been paid on dividends received, not like the US where a dividend adds to your tax liability. If you are in a low income bracket, you can even get the tax back. You can often buy high yield stocks below their value, hold them for the dividend, then sell for a profit later, win win. Stopping the income letters has had a huge effect for anyone living off dividend as they are paid yearly, quarterly etc and income varies, not what immigration wants to see. Link to comment Share on other sites More sharing options...
ThaiBunny Posted May 8, 2019 Share Posted May 8, 2019 2 minutes ago, Peterw42 said: If you are in a low income bracket, you can even get the tax back. Not if Labor win the election Link to comment Share on other sites More sharing options...
Peterw42 Posted May 8, 2019 Share Posted May 8, 2019 1 minute ago, ThaiBunny said: Not if Labor win the election Yes, exactly right, that and some hints of new taxes, I think will loose them the election. Link to comment Share on other sites More sharing options...
ThaiBunny Posted May 8, 2019 Share Posted May 8, 2019 3 minutes ago, Peterw42 said: Yes, exactly right, that and some hints of new taxes, I think will loose them the election. Time to jump in and put your money where your mouth is then - Coalition 5/1 against winning; ALP 1/5 against winning Link to comment Share on other sites More sharing options...
SpokaneAl Posted May 8, 2019 Share Posted May 8, 2019 I remain in the stock/bond markets and no longer reinvest dividends/capital gains. After decades of highs and lows, while maintaining an asset allocation that works for me, I can’t see a reason to ever moving our money elsewhere. Link to comment Share on other sites More sharing options...
Rawairat Posted May 8, 2019 Share Posted May 8, 2019 Australian dividends are still good value, Labor is only taking the tax credits away I believe, which are not available to non residents ? I use VHY.AX the lazy investors way. I’d recommend read A Random Walk Down Wall Street for any investor, especially older less knowledgeable ones. Link to comment Share on other sites More sharing options...
Tom89 Posted May 8, 2019 Share Posted May 8, 2019 17 hours ago, tubby johnson said: I do. Dividend growth stocks: the dividend rises every year. I reinvest some of the earnings and transfer what I need to my Thai bank account. I do the same. Link to comment Share on other sites More sharing options...
1FinickyOne Posted May 8, 2019 Share Posted May 8, 2019 To make comparisons with stocks just pull up a graph... I have some losing years but the winning years far more than make-up for the losers... you need to be patient and long term... I have had real estate rentals but that gets dicey - bad tenants, destroying property... my mutual funds never crap on the carpets. Link to comment Share on other sites More sharing options...
Rod the Sod Posted May 8, 2019 Share Posted May 8, 2019 4 minutes ago, kenk24 said: To make comparisons with stocks just pull up a graph... I have some losing years but the winning years far more than make-up for the losers... you need to be patient and long term... I have had real estate rentals but that gets dicey - bad tenants, destroying property... my mutual funds never crap on the carpets. Just as well, because when the bottom drops out of your market or the company crashes, the paper you hold in your hand can double for toilet paper. Ever tried wiping your arse with a bunch of keys? (don't take personally like most do, only meant as a light hearted comment with an inner meaning....;-) Link to comment Share on other sites More sharing options...
Mike Teavee Posted May 8, 2019 Share Posted May 8, 2019 10 more months until I finally retire but my plan is to live of Savings & House rental income until I'm 56 (I'll be almost 54 at that point) at which point I'll stop re-investing my Dividend Income & take cash to tide me over until my private pensions kick in at 60 BUT "Man Plans, and God laughs", I retired at 40 & the GFC hit (Dividend Income was blown away more or less totally) then retired at 48 & Brexit screwed up my UK Income streams (20% drop in FX rate), so just wondering what is going to mess me up next year ???? My biggest quandary is when to start selling down my assets, I don't really have anybody to leave them to so the ideal would be to liquidate everything & spend it all before popping off this mortal coil... Link to comment Share on other sites More sharing options...
Tayaout Posted May 8, 2019 Share Posted May 8, 2019 I keep almost everything in bitcoins since 2013. Works fine for me but I'm still under 40 ???? Link to comment Share on other sites More sharing options...
Percy P Posted May 8, 2019 Share Posted May 8, 2019 18 hours ago, macahoom said: Can I ask how you money is now invested? BP. BT. RDS (Royal Dutch Shell. BTelecom S.T.Water. Centric. R Royce. Shares in the above companies Link to comment Share on other sites More sharing options...
KittenKong Posted May 8, 2019 Share Posted May 8, 2019 I have a fair bit of dividend income but with a few exceptions I dont like buying individual company shares. I prefer to buy low-cost market tracking ETFs as that protects from the risk of buying individual shares. Link to comment Share on other sites More sharing options...
Lacessit Posted May 8, 2019 Share Posted May 8, 2019 2 hours ago, ThaiBunny said: Not if Labor win the election 2 hours ago, ThaiBunny said: There are several lies about what Labor will do. Lie Number 1. Labor will cut out tax refunds on franking credits. Fact. Labor is exempting pensioners and part pensioners. They will still get a tax refund on their dividends via franking credits. Lie Number 2. Labor will eliminate negative gearing. Fact. Existing negatively geared properties will be grandfathered. Anyone will be able to negatively gear newly built property. Personally, I can't wait to see this anarchic, ramshackle rabble of a Coalition tossed out. All they can sell is fear, because they haven't got any policies worth a glass of warm spit. And yes, I do derive part of my income from Australian share dividends. Link to comment Share on other sites More sharing options...
RobMuir Posted May 8, 2019 Share Posted May 8, 2019 As an Aussie expat, not registered for taxation purposes in Australia we don’t get the franking tax credits which is a bit of a bummer BUT we don’t pay any capital gains tax. So we have the advantage to go for growth stocks over dividend stocks. I hope Labor don’t close this lovely little loophole. Anyone know how ETFs are taxed for expats? Link to comment Share on other sites More sharing options...
khunPer Posted May 8, 2019 Share Posted May 8, 2019 20 hours ago, HNWI said: But it seems very few living off dividends? Partly – hasip/hasip – retirement pension and dividends; the private part of the retirement pension, running a limited number of years only, was/is also placed in stock market, and slowly sold when needed for pay out. Has so far been a good long-term solution. The major part is invested in my home country stocks – because of best company knowledge – a smaller part in US stocks, and a similar part in Thai SET stocks; the latter actually performs very well, and is free from currency exchange rate deviations...???? Link to comment Share on other sites More sharing options...
MikeN Posted May 8, 2019 Share Posted May 8, 2019 20 minutes ago, Lacessit said: There are several lies about what Labor will do. Lie Number 1. Labor will cut out tax refunds on franking credits. Fact. Labor is exempting pensioners and part pensioners. They will still get a tax refund on their dividends via franking credits. But if you have planned ahead, looked after yourself and your own financial situation, and become a self funded retiree, you will lose money while continuing to support those who refuse to plan for the future. Link to comment Share on other sites More sharing options...
AlexRich Posted May 8, 2019 Share Posted May 8, 2019 Don’t forget capital gains. Fewer investors are holding stocks for years, so capital gains and dividends combined. I agree with the sentiment that as you get older you look for safer asset classes like property rental and bonds, but I’d still retain some blue chip stocks paying dividends. Link to comment Share on other sites More sharing options...
Yeahbutwhytho Posted May 8, 2019 Share Posted May 8, 2019 I didn't know you could make money on stocks Link to comment Share on other sites More sharing options...
AJBangkok Posted May 8, 2019 Share Posted May 8, 2019 I think Australia is stuck in a negative feedback loop. The only decision you need to make in elections is which party will INCREASE your taxes less. I wish there was a party whose platform was lower taxes and smaller government. Link to comment Share on other sites More sharing options...
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