MAN INVEST IN STOCKS SO MUCH THAT HIS HDB PAYMENT IS DIVIDEND, NO CASH OUT OF POCKET

Bro built a dividend money glitch for his BTO, literally $0 out of pocket cash for monthly mortgage 💀

Standard disclaimer: Not financial advice lah, just sharing what my crazy secondary school friend (let’s call him Ah Huat) pulled off.

So last weekend we were eating mookata, and topic turned to BTO key collection and CPF OA balances. Most of us complaining about how high interest rates are cutting into our monthly OA, leaving zero buffer for retirement. Then Ah Huat quietly drop one bomb: “Actually my monthly HDB mortgage right now is $0 out of pocket. Cash or CPF.”

We all thought he flex clean CPF balance or got rich filter-down money from parents. Turns out this mad lad has been living like a monk since his SAF days. While the rest of us were buying tech stocks during 2021 tech bubble or spending on late-night beer, this guy was DCA-ing religiously into boring, high-yield dividend counters.

His strategy? Pure Singaporean Boomer Dividend Energy™ combined with solid US index base:

• Local Banks (DBS / UOB): Heavy weightage. Bought bulk of his shares during COVID crash and held through all the rate hikes.
• S-REITs & Index (CSPX / local yield): Kept reinvesting every single cent of dividend payout for almost 10 years straight.

Fast forward to 2026: His joint BTO monthly repayment is around $1,600+. His dividend portfolio is spitting out anywhere between $20,000 to $24,000 a year (averaging around $1,800 to $2,000+ monthly yield).

The best part? He doesn’t even use his CPF OA for the mortgage anymore. He lets his CPF OA compound at 2.5% per annum to build his retirement floor, while the cash dividends automatically service the monthly bank loan deduction. Basically, his stocks are paying for his HDB, his HDB builds equity, and his CPF stays untouched. Full infinite money loop.

When we asked him if he’s worried about REIT dividend cuts or market drops, he just smirked and said: “Bro, even if dividend drop 20%, my CPF OA is still sitting there untouched as a backup buffer. Worst case scenario, CPF takes over. Best case scenario, house paid off by DBS and Mapletree.”

Honestly sitting there looking at my own portfolio full of speculative tech calls and bag-holding growth stocks, I felt like complete clown 🤡.

Anyone else here using dividend yield specifically to offset real-world fixed liabilities like housing or car loans? Or is DCA-ing pure VWRA/CSPX until age 55 still the meta?