Dividend Chaser on becoming Millionaire in Singapore

(From Article)

We are not high income earners. But, can we be part of the statistics to become one of millionaire households in Singapore???

1. Living below your means. Save more for your war chest for the Bear markets.
2. Invest for compounded growth (CAGR). Go for Growth-Dividend investing strategies.
3. Avoid losing your investing capital. Once you have locked in negative returns; it is much harder to recover from your losses than to grow your investment portfolio
4. Never ever stop in your engagement for more investing knowledge. Soak yourself daily in the world of economic, financial, companies and stocks news.
5. Your investing effort isinversely proportional to your investing skills
6. Set your yearly investing goals.
7. Track and measure your investment portfolio diligently.

Then, you may be part of the statistics after XX years in the market!