I want to invest in shares, properties or other investments that can earn money and earn passive income, so that I dun rely entirely on my monthly income.
anyone who is doing that now, pls share your investing experiences, thanks.
u got 5M? u give mi then i give u 10% return annually ok?
if i got $5m, NEVER WILL I invest something thru somebody, why risk the money on people losing the money for you.
I can invest the $5m myself.
Originally posted by Rooney9:if i got $5m, NEVER WILL I invest something thru somebody, why risk the money on people losing the money for you.
I can invest the $5m myself.
never try to be someone who u are not... especially when u got the money to hire the expert to do it for u....
You can join all the forex courses or you have to spend next three years to master the trade while you are a employee.
There is no short cut for this path unless you are fortunate to find a mentor who is willing to make you his protege.
forex can win and lose alot of money de.
mentor? does Jim Rogers accept mentorship, I wonder?
Originally posted by I-like-flings(m):
never try to be someone who u are not... especially when u got the money to hire the expert to do it for u....
so called expert can lose money? the so called experts advising Ho Chin, how come they can invest in BOA, citigroup, credit suisse when the sub-prime imploded in 2007?
I can invest myself when I can buy capitamall at 1.95 for 3 million dollars. when capitamall gives dividends and appreciate to 2.10, how much will I gain if I sell it.
Originally posted by Rooney9:so called expert can lose money? the so called experts advising Ho Chin, how come they can invest in BOA, citigroup, credit suisse when the sub-prime imploded in 2007?
I can invest myself when I can buy capitamall at 1.95 for 3 million dollars. when capitamall gives dividends and appreciate to 2.10, how much will I gain if I sell it.
higher % of expert make money vs part timer... while higher % of super rich ppl are part timer vs expert cos they do things differently..... e.g. every 100 expert got 20 loser.. but every 100 part time got 80 loser, while the top 100 richest ppl maybe the top 5 is part timer when they started but the other 95 expert are usually not as rich....... so unless u are super confident with urself and think u can be other warren buffet.... then in long run it maybe better and safer to let the expert do the work for u.. while u go busy with other thing that u are expert in....
Originally posted by Rooney9:I want to invest in shares, properties or other investments that can earn money and earn passive income, so that I dun rely entirely on my monthly income.
anyone who is doing that now, pls share your investing experiences, thanks.
If you don't have sufficient base capital, why try?
The term passive income is termed to draw the attention and attract people to ideals, so that others can sell you the idea of buying their unit trusts, shares, stocks, and signing up for their courses, etc.
Truth is, "passive income" is not really passive. As a serious investor, it's your job to spend time pouring through financial reports, reading financial news, researching and reading competitors financial reports, reading company's mission, direction and intended courses of action, value the company, company visiting, etc.
Most of us, myself included, are merely just buying for the sake of buying. It's not true nor real investing. Any cursory reading of the annual reports, the news, the mission directives, is not sufficiently in-depth.
Very simple,
if u have 600K, invest in reit to give 8% return, giving 48K pa or 4k/mth
if u have 200K, pay 30% down payment for property costing 600K (low end apartment), given u a rental of about 2.5K. however, 1.5K goes to bank installment leaving 1K/mth for 30 yr loan.
Both have risks, access yourselves.
if u don't have enough, sell yr HDB and cash out.
if don't have HDB, then apply for one and stay till 5 yrs then cash out.