Passive income from dividends
"Buy things that put money into your pocket (not things that take money out)" paraphrased from Rich Dad, Poor Dad by Kiyosaki So, it's easy to think of things that take money out of your pocket like an extra car or vacation home, etc. But, what will put money in your pocket? One thing I took a look at today was dividends on stocks. These two articles are a nice source of data (though unverified, it can give an idea of what's out there): http://www.filipinoinvestor.com/2017/07/top-25-highest-dividend-yield-in.html https://www.entrepreneur.com.ph/run-and-grow/financial-adviser-5-dividend-paying-stocks-every-saver-can-invest-in-to-earn-up-to-8-p-a-a23-20170509-lfrm For preferred stocks, the highest yield in the Philippines is about 8% by LRP (Liesure Resorts Philippines). If we factor in inflation of about 4%, that only leaves about 4% income per year. Then, of course, don't forget to take note of the taxes on that (10% I think). For common shares, i