Passive income thread

[Kitaro9202]

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

Depend one leh

2k is not include cpf?

 

[limster]

Passive income thread turn into thread about trading losses from warrants. So many trolls...

 

[maumu]

How much per annum is then considered as passive 'income'?

 

[SBC]

How much per annum is then considered as passive 'income'?

Is not how much. Is the amount money you could collect by doing “nothing”.

Eg stock dividends, bank interest, property rental, royalties.

 

[tsukiya1808]

Passive income thread turn into thread about trading losses from warrants. So many trolls...

Haha... many still mix up what is essentially two different things:

Trading vs Investing

 

[havetheveryfun]

Depend one leh

2k is not include cpf?

yes.. he already said "Take home" ma

 

[Kitaro9202]

yes.. he already said "Take home" ma

Inconsistent one leh

 

[havetheveryfun]

Inconsistent one leh

???????????????????

inconsistent then just search DBS multiplier on google n read up on the official site la

 

[Kitaro9202]

???????????????????

inconsistent then just search DBS multiplier on google n read up on the official site la

Yup i researching now

 

[focus1974]

There is no real "passive" income if we used the strictest definition of passive.
The closer I can think of is a property rental, u only need to do it once every year or 2 years if you outsourced the rental solution to an agent.

or an index fund etf or dividend fund etf e.g, that is managed by the fund managers and you only DCA into it once a year and hold it.

If you are into individual stocks, definitely, u r still managing it actively.

 

[TabascoSauce]

There is no real "passive" income if we used the strictest definition of passive.
The closer I can think of is a property rental, u only need to do it once every year or 2 years if you outsourced the rental solution to an agent.

or an index fund etf or dividend fund etf e.g, that is managed by the fund managers and you only DCA into it once a year and hold it.

If you are into individual stocks, definitely, u r still managing it actively.

Jus define it as whether u r the one generating the income. For example, div from reit is passive bcos u r not the one providing the property management service

 

[madtari]

I'm into individual stock, but I adopt buy n hold strategy. If I don't rebalance my portfolio at all in 2018, technically all the dividends can be counted as passive income. Right?

There is no real "passive" income if we used the strictest definition of passive.
The closer I can think of is a property rental, u only need to do it once every year or 2 years if you outsourced the rental solution to an agent.

or an index fund etf or dividend fund etf e.g, that is managed by the fund managers and you only DCA into it once a year and hold it.

If you are into individual stocks, definitely, u r still managing it actively.

 

[Devilman37]

My dividend collection record since I started my investing journey 9 years ago.
Aiming for $25k next year.

Received $328 from bonds and interests from savings.
In total, I achieved around $2k per month in 2018.

I really miss your posts.

 

[Devilman37]

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

SAME SAME . but i lose in different tools. Same SH**.

 

[revhappy]

There is no real "passive" income if we used the strictest definition of passive.
The closer I can think of is a property rental, u only need to do it once every year or 2 years if you outsourced the rental solution to an agent.

or an index fund etf or dividend fund etf e.g, that is managed by the fund managers and you only DCA into it once a year and hold it.

If you are into individual stocks, definitely, u r still managing it actively.

I think passive income is something that supplements your job income. Researching stocks in your weekends or evenings and sometimes even during workday, is also passive, because it is not like you would use that time for some other means. Usually people enjoy researching stocks or reading macros. So it is not like work.

Active income is where you directly get paid for the hours you put it. Usually it is a compulsion. Given a choice I would not like to go to work.

 

[revhappy]

I am impressed with Dividend warriors dividend income barchart. I am now planning to construct s similar one for my networth growth. Unfortunately I started tracking only since last 5 years. But I can go back to my old bank statements, fund account statements etc and construct it. It is a pain, but worth it.

 

[limster]

I am impressed with Dividend warriors dividend income barchart. I am now planning to construct s similar one for my networth growth. Unfortunately I started tracking only since last 5 years. But I can go back to my old bank statements, fund account statements etc and construct it. It is a pain, but worth it.

I only started recording dividends in 2016, and no interest to spend so much effort digging up my older records.... ?

 

[madtari]

The red arrow with % figure u need to manually put in or its part of the bar chart template?

I only started recording dividends in 2016, and no interest to spend so much effort digging up my older records.... ?

 

[limster]

The red arrow with % figure u need to manually put in or its part of the bar chart template?

yup I to have manually add... maybe the more expert IT people know how to create automatic template

 

[madtari]

Ic. Tks. Thought there's a special template somewhere. Heh.

yup I to have manually add... maybe the more expert IT people know how to create automatic template