Passive income thread

[little pupsky]

Curious to know why not?

You need to actively trade for forex, no? If you are referring to forex deposits interest, then it should be classed under interest.

 

[spearhawk]

You need to actively trade for forex, no? If you are referring to forex deposits interest, then it should be classed under interest.

Depends if you do day trading or long term. For long term you can trade for months or years without the need to keep track. It will also earn “interests” though carry trade strategy which I used most of the time.

 

[Trader11]

Don't be lazy and accept passive investment for 5% per annum. Work hard with active trading for at least more than 20% per year

Passive investors are lazy and they pay a price for it.

 

[tangent314]

Active trading returns do sound very good when you can cherry pick the performances of the top traders, but no one seems to talk about the ones on the other end of the spectrum.

 

[RMCWMR]

Don't be lazy and accept passive investment for 5% per annum. Work hard with active trading for at least more than 20% per year

Passive investors are lazy and they pay a price for it.

Active trading will also see yourself lose alot of money. I know coz i lost $50k in active trading over a 3 month period before i close it off

 

[Maeda_Toshiie]

Active trading returns do sound very good when you can cherry pick the performances of the top traders, but no one seems to talk about the ones on the other end of the spectrum.

But that's how you sell courses.

 

[SBC]

Property: 24k
Bank interest & other rebates: 5k
Stock dividends: 12 to 15k

Hope to increase stock dividends to 36k over the next 3 to 5 years.

 

[Toni90]

Curious to know why not?

Just wait a few more years then u know.

 

[Trader11]

Active trading will also see yourself lose alot of money. I know coz i lost $50k in active trading over a 3 month period before i close it off

Did you ever ask why?

 

[Parka]

Don't be lazy and accept passive investment for 5% per annum. Work hard with active trading for at least more than 20% per year

Passive investors are lazy and they pay a price for it.

Some people just don't like the involvement so that's the price they pay for convenience.

I would love passive income too, but it's a slow way to earn money. Nothing wrong with slow way either. Just a preference.

I've told many of my friends how to make money online, detailing the exact steps, but none followed through. Same as people who go to wealth seminars thinking they can be rich, but in the end did not, because... nobody likes to do the extra work.

 

[RMCWMR]

Did you ever ask why?

IBs manipulating the market lo. I don't even mind telling you the stock name. It was Venture Corp. Fundamentally the company is ******* sound. But IBs throwing stocks and manipulating the price. From 29 bucks to 17bucks in less than a month. You tell me.

 

[limster]

IBs manipulating the market lo. I don't even mind telling you the stock name. It was Venture Corp. Fundamentally the company is ******* sound. But IBs throwing stocks and manipulating the price. From 29 bucks to 17bucks in less than a month. You tell me.

you are confusing investing with trading. Trading you don't bother about fundamentals. That is the 'green lumber' fallacy

 

[synapse]

Some people just don't like the involvement so that's the price they pay for convenience.

I would love passive income too, but it's a slow way to earn money. Nothing wrong with slow way either. Just a preference.

I've told many of my friends how to make money online, detailing the exact steps, but none followed through. Same as people who go to wealth seminars thinking they can be rich, but in the end did not, because... nobody likes to do the extra work.

I suppose these 'exact steps' may not yield the same results for different individuals

 

[Kitaro9202]

Let's say if i got about 3k of spare cash

Where should i park the money for passive money

For those bank that have 1% p.a?

 

[Toni90]

Let's say if i got about 3k of spare cash

Where should i park the money for passive money

For those bank that have 1% p.a?

There are bank with higher interest and there is gov bond.

 

[Kitaro9202]

There are bank with higher interest and there is gov bond.

I check usual those fix deposit minimum is 10k or more leh
Will check gov bond

 

[TabascoSauce]

I check usual those fix deposit minimum is 10k or more leh
Will check gov bond

R u working with min 2k take home? If so, check out DBS Multiplier

 

[kage]

Active trading will also see yourself lose alot of money. I know coz i lost $50k in active trading over a 3 month period before i close it off

I lost $400k gambling in warrants ....

 

[RMCWMR]

I lost $400k gambling in warrants ....

Wth? CSB? Your networth is how many millions?

 

[kage]

Wth? CSB? Your networth is how many millions?

People only CSB when they earn money, nobody will CSB xia suay things