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
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)



 
Posted by Createwealth8888 at 09:35
Labels:

7 comments:

  1. Createwealth888813 September 2014 at 09:52:00 GMT+8

    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. Createwealth888813 September 2014 at 09:58:00 GMT+8

      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. B13 September 2014 at 16:25:00 GMT+8

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

      Delete
  2. RayNg13 September 2014 at 15:00:00 GMT+8

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

    Better than PM Lee?

    ReplyDelete
    Replies
    1. Createwealth888813 September 2014 at 15:49:00 GMT+8

      Misleading.

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

      Delete
  3. Rolf Suey14 September 2014 at 17:09:00 GMT+8

    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. Anonymous14 September 2014 at 18:37:00 GMT+8

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

    ReplyDelete

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