I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

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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Wednesday, 30 December 2009

Passive Income - Renting out a room?

I saw a notice pasted at lift lobby this morning:

Rental Specialist ...

1 common room : $500-$650
1 master room ..

So rental income of $500-$650 is not a bad idea; but not for me as I am still short of 1 room as I have 3 kids and each prefer to have their own room. LOL.

1 comment:

  1. MARKET TODAY
    Market to open flat, as U.S stocks fell for the first time in seven days overnight as reports on home prices and consumer confidence did little to excite buyers. Asian markets also trading weak ahead of the New Year holidays. Trading volumes are likely to take a hit in the last week of the calendar year 2009 as most foreign fund managers will be on year-end vacation. The market is closed on Friday, 1 January 2010 for New Year holiday.



    According to data released by the NSE, in the last session, FIIs were buyers of index futures to the tune of Rs 540.81 crore and bought index options worth Rs 250.06 crore. However, they were net sellers of stock futures to the tune of Rs 96.16 crore.



    More details http://www.16anna.com

    ReplyDelete

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