My last post about opening a foreign stock broker account is a success. I funded the account with $10,000 for starters and bought blue chip stocks to keep it safe. I plan to reinvest money from work to this account and also put money on my local stock broker account. Just to keep everything diversified on different markets, but the strategies are still the same. I'll be going for 90% dividend investing strategy and 10% growth.
My local stock broker account took quite a few days to be active. I just received an email indicating the instructions to fund my account. I plan to invest P1,000,000 in this venture. This money is just lying around in my bank. I don't have any use for it. I'm single and have a great job. Better save or invest it for later.
I plan to reinvest more money every month divided with these 2 accounts. Our goal is $1,000,000. Which is P200,000 per month in dividends. I plan to achieve this goal 5 years from now. Let's see what happens.
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