Unker was chatting with Auntie, why Vinzcent looking to invest elsewhere despite a commendable 5.5% dividend.

Auntie interjected, as we do not understand each person's desire n maybe young Vinzcent is a whizz in alt investment, ie. Crypto, Reits, P2P, etc despite relatively small sum, cannot invest in flipping Property, etc.

But Aunties solemn msg to forumers, is shown below. In 2019, a person needs min $228k savings, with 5.5-6.0% dividend to generate $, support a $900/month expenses. While same boundary conditions, to be in middle class, an old couple needs $5k/months expenses needs $1.04M savings.

For those age 30 now... By the time 60 yrs old, Y2049. Cpi increases... The $228k will be close to $500k. To Vinzcent's defence, if ASX continues to be difficult buy, less n less  dividends, the younger investors will need to learn new investment skills, diversification. Maybe, future not so bleak lah.

Aiyah, Auntie talks too detailed, Unker getting ready to spam today... Took PTO, sixth sense, salmon run gonna happen today...Good Luck all.