Discover and read the best of Twitter Threads about #500k

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Was just thinking about the #EndsSARS #EndSWAT #EndPoliceBrutality #EndBadGovernmentinNIGERIA and a question seem to be coming up in my mind.

If the #SARSMustGo guys are now retrenched, what would be their lot in relation to living...In the bid of
In the bid of solving a problem we create another. Come to think of it most of the officers in #SARS have being living large on stolen money...in my vicinity they go about with their own PoS to extort their victims no need to follow you reach ATM
They have upgraded heavily...Now a lot of them live on over #500k a month...and we all know with this kind of lifestyle and affluence cum their qualification and all, there is virtually no job they can do to keep up with this level of lifestyle (income).
Read 8 tweets
The average #dividend yield of a typical dividend #Portfolio is 4% (non US citizens are taxed 30% on Dividends) this means as Nigerians we need to have a 6% yielding portfolio for a 4% yield (6%*70%=4%).

This is achievable by investing in a Portfolio of #diversified stocks
How much #investments to get paid monthly dividends
Parameters:
#Dividend #yield 6%(4% after tax)
Dividend #tax rate 30% (non US)
#Dividendgrowth rate 6%
#Share #price growth 8%
Duration #10yrs
1. #100k/mnth - #10million
2. #500k/mnth- #60million
3. #1million/mnth #116million
How many years invested to reach goal
with Monthly payments + #reinvested #Dividends

1.#100k/mnth - invest #50k/mnth for 10yrs
2. #500k/mnth - invest #250k/mnth for 10yrs
3. #1million/mnth invest #500k/month for 10yrs.
#onaijainvestor #dividendincome #naija #passiveincome
Read 5 tweets

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