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.
Think Investing as Tug of War - Read more? Click and scroll down
To have passive income does not mean you invest in stocks only.
ReplyDeleteYou can monetize your property by renting out or sell e-books to generate passive incomes.
Regards,
SG Wealth Builder
CW,
ReplyDeletePrimary school math.
5% of 1 million is $50,000 per year. Not fantastic; but not to shabby too. And very doable.
To get the same $50,000 per year with $100,000 capital, we need 50% yield per year!!!???
It's like bodybuilding - we need to bulk up first.
I think those who believe all we need is a low fat lean body mass like a marathon runner may have a rude shock down the line...
Swee!
DeleteBodybuilders need more proteins. Wealth builders need more capital from saving.
:-)
CW8888 : Don't feel tired so easily lar, maybe they just wanted to extract more knowledge from you and wanted you to share more mah! But totally agreed with you lar, SIZE does matter when comes to investment... ;-)
ReplyDeleteHi CW,
ReplyDeleteDon't give up, we need you to nag at us youngsters hehehe. Anyway, I know some people just don't listen, like to complain only. Those that do listen will follow up with questions like how to save and what to do, those you can spend more effort in elaborations.