How to build a $6k p.m. ($70k) from Local Stock trading/dividend?

My Endowment payout tap
1. For past 13 years, I have bought 25 endowments policies since 2011.  The larger payout started from 2022, paying me ~$38k p.a. about $3k p.m. till age 84.

2. Think it is enough from this Endowment Tap.

~~~

Stock Tap
3. Separately I have also built up my Dividend/Trading income through Stocks, local n foreign.  To-date, this equity stream gives me ~$50k p.a.

4. Now I will be focussing on building up this portfolio.  My next Chapter is to focus more on local stocks; bank & REITS. I am aiming to SINGLY achieve a dividend payout of $5k ~ $6k p.m. before I retire. ($60k to $70k p.a.)

5. So, what are my key stocks holding to-date?
- VENT, Maybank, MPACT, LION-PHILIPS S-Reit, GLI, CDG.

6. Someone once told me that he bought an assortment of stocks to spread out the risk from a particular sector.   Lol. He might as well buy STI-ETF. But then, it's dividend is only a pale 4% p.a.
at best.  

Sharing...
7. One guru who built up his coupled stock dividend, no sell button and re-invest his dividend all these years, his coupled dividend is about $100k p.a.  After more than 35 years accumulation, is it good or not ?  Well, it is coupled. If singly, it maybe only $70k p.a. + $30k p.a..  I don't think that it is impressive.  Of course, one has to look at their other portfolios and various income taps to gain better perspective.

8. Someone, who is few years younger than me, managed to build up $200k p.a. from dividend. Think this is impressive.

My takeaway: 
9. Take your time.  Buy in at a good market; somehow it is cyclical.  One should be able find a window of opportunity.  

10. Aim for dividend stocks that pay 6% p.a.  It would need a portfolio of ~$1.2M.


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