Welcome to Ministry of Wealth and Gifts for your loved ones!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Value Investing
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Sunday, 29 January 2012

Passive income ONLY - You can't really get rich with it! (2)

Read? Passive income ONLY - You can't really get rich with it!

Anyone has read an article or personally know someone who is NOT rich and became rich through passive income investing. Not me. I have yet to read one on it.

But, I knew there are people who became rich either through huge capital gains or successful leveraging up on their investment.


Posted by Createwealth8888 at 20:43
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2 comments:

  1. I think people will get rich when they have lots of liquidity and at the same time when markets crashes..

    ReplyDelete

  2. Hi Guru,
    Yes, you are right in both instances. But the most important thing to have is the "correct" Temperament. A basic IQ is enough. And you should know who said that.

    ReplyDelete

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