In those days; it was option trading for "passive" income for early retirement or retirement income. The famous and most popular school of option trading kena sued and now the "Guru" is changed man! Lesson learnt or crash got sound! LOL! Another one tio reprimanded by MAS and also disappeared. A blogging world friend also started option trading but quietly switched gear to teach investing as trading is harder!
You can't be wrong with option trading as most options will expire worthless. Collecting premiums is passive income. Right? Hmm .. in those days. FIRE is not invented yet! Recent years; new movement for FIRE or early retirement or retirement income; it is dividend income from S-REITs. Capital not enough to generate your desired level of income stream. Don't worry. Just leverage up with your margin account! Nothing to scare! Margin calls are manageable. There ways to make it safe! Won't bankrupt one!
Those were days is option trading. This time is different! It is income from S-REITs. Look at the number of different "school" teaching this popular method of income for FIRE, early retirement or retirement income.
Last updated : 14 Sep 2019
I am 63 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016.
Single household income since 1995 with three children.
Currently, two sons and one daughter are working.
I have been doing 20 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2041 @ 85 yrs old.
Disclaimer: Stock trading involves significant risks. Create Wealth trader is not a licensed Investment Adviser and will not be responsible for any losses which you incurred. You are advised to always do your own homework before making any trading decision.