Replies to post #41236 on Sino Agro Food Inc (fka SIAF)

[viking86]

For me too. The divi that this stock throws off beats any annuities plan that I am aware of by miles. Most annuities plans in the US ask you to deposit upfront $100k and wait about 8 to 10 years ( or pay monthly $1000 for 10 years!) to pay you back a fixed 800-1000 per month income. With this stock if you own just 50k shares (for 20k cost at current price!) by 2016 you should get about 30c per share divi or about $ 1,200 per month divi as a start IMO. As the earnings grow say 15-20% per year after that, so does the divi. The only "drawback" as compared to annuities is you Donot have a guarantee of a lifelong constant income but you get the large bonus of steady stock appreciation on top of an everincreasing divi payout instead if things work out as we hope. fwiw