Editor’s note
- Strategy to earn 20 million rupiah per month without working
- Becoming an entrepreneur via stocks
- BRI Bank Case Study
Strategy to earn 20 million rupiah per month without working
Achieving a passive income of 20 million rupiah per month without working requires a specific strategy.
This strategy involves investing in the stock market, specifically by buying shares of large companies that pay dividends.
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BRI Bank, for example, pays dividends, which can generate significant passive income. Although the required start-up capital is substantial, the speaker emphasized that this is a long-term project that can be realized gradually.
Becoming an entrepreneur via stocks
The solution is to become a co-owner of established, large companies by buying shares on the stock market (listed companies).
Buying shares is considered buying a company, not just speculating on the price.
The profit distributed to shareholders is called a dividend and constitutes a source of passive income.
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BRI Bank Case Study
For example, in 2022, BRI Bank had a net profit of 51 trillion rupiah, 85% of which was distributed as dividends.
Each BRI share receives a dividend of 288 rupiah in 2022.
To achieve the target of 240 million rupiah per year with a dividend of 288 rupiah per share, approximately 832,700 shares are required.
Dividend income can grow in line with the company’s growth, as BRI Bank has demonstrated between 2009 and 2022.
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Although promising, this is a long-term process (a marathon), not a sprint. To own 832,700 BRI shares at the current price, capital of approximately 4 billion rupiah is required.
The key strategy is to regularly buy as many shares as possible, rather than relying on daily price fluctuations. The journey begins with the first 100 shares, and the most important thing is when you take that first step. ***tok
