As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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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Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Saturday, 13 September 2014

$10,000 pay day per month???


Read? $10k a month as a tutor? Think again.


$10,000 is high enough to definitely beat median household income of S$7,870

Read? Real income up for most working household


Same here as passive income.

Not all passive incomes are equal even their numbers can be the SAME!


Passive income of $60K p.a. from 

(1) dividend income from S-REITs
(2) rental income from investment properties
(3) rental income from renting out your two bedrooms


Read? Passive Income??? Why must have more of it! (2)



 

7 comments:

  1. One day, my admin clerk "jokingly" said that her pay is low and I responded that her stress is low and the number of emails to read is also very low.

    LOL!

    ReplyDelete
    Replies
    1. Same as stocks.

      There are reasons for their low stock price and high dividend yield.

      Free lunches in the stock market can only last for weeks if not days as there are just too many smart people waiting to grab them.

      Delete
    2. Fact for life... admin clerk always complain their pay is the lowest in the company.

      Delete
  2. CW, typo error right?
    "$10,000 pay day per month???"

    Better than PM Lee?

    ReplyDelete
    Replies
    1. Misleading.

      Pay day $10,000 but tutor no pay day. Only employees on monthly salary got pay day. LOL!

      Delete
  3. Hi Uncle CW,

    Higher pay higher expenses! Quite a norm. Net out still low!
    No free lunch in this world, "with more power (pay), comes more responsibility" - spider man!

    Rolf

    ReplyDelete
  4. That's why you can seldom live with a "Millionaire-Next -Door" type in HDBs.

    ReplyDelete

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