tag:blogger.com,1999:blog-6897513886211197509.post7256093361138558862..comments2024-03-28T12:38:11.434+08:00Comments on Singapore Man of Leisure: STI back to pre-Wuhan virus level?Singapore Man of Leisurehttp://www.blogger.com/profile/13774067113884418001noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6897513886211197509.post-54753038026009642912023-01-29T00:29:21.312+08:002023-01-29T00:29:21.312+08:00mysecretinvestment,
You lucky guy! Got wifey to a...mysecretinvestment,<br /><br />You lucky guy! Got wifey to ask you "Trust but Verify" questions as sounding board!!!<br /><br />If we can't explain our "thesis" in laymen's language, then we probably have "over-engineered" or "over-complicated" things...<br /><br />And that's usually a red flag.<br /><br /> <br />Oh congratulations! You have locked-in very good rentals for whole 3 years! <br /><br />That would mean its corporate rental client? Much better than dealing with individual tenants ;) <br /><br /><br />Diversification in income streams?<br /><br />1. Active income.<br /><br />2. Property income.<br /><br />3. Equities income.<br /><br />4. CPF/Bond income.<br /><br /><br />Let's just say it's a lot better than relying 100% on CPF (leaving too much money on the table), or relying 100% on dividend income (too much volatility)!<br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-71956710492097494612023-01-29T00:10:52.897+08:002023-01-29T00:10:52.897+08:00WTK,
I feel better having a set of tool kits when...WTK,<br /><br />I feel better having a set of tool kits when approaching the markets.<br /><br />If I had only a hammer, then its nails that all I'll see!<br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-44326032548362350232023-01-28T14:24:45.429+08:002023-01-28T14:24:45.429+08:00Hi Smol,
This goes to show the dynamics of the ma...Hi Smol,<br /><br />This goes to show the dynamics of the market. It makes sense for one to have a flexible mindset to cater for such dynamics.<br /><br />WtkWTKhttps://www.blogger.com/profile/11459028978258841179noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-18232510518056881572023-01-28T08:28:04.012+08:002023-01-28T08:28:04.012+08:00Hi SMOL
Great minds think alike or what?
Such a ...Hi SMOL<br /><br />Great minds think alike or what?<br /><br />Such a coincidence that you would use the analogy of a Civil Servant and entrepreneur for the different investment instrument.<br /><br />That was exactly what / how I described our three passive income generators (or minions) to my wife when she asked about the risks.<br /><br />1. CPF interest income generator :- Civil Servant. <br />The income started low and yearly increment was low as well (albeit steady)<br /><br />2. Rental Income generator :- Contract worker.<br />Got contract, income is secured for the year or two. Steady income when contract is in force. Income can be renegotiated in each new contract.<br /><br />3. Dividend Income generator :- Sales guy / entrepreneur<br />This "guy's" income is commission based. I padded this income generator with bonds and Unit Trusts to give "him" a base salary. In good months (eg. in May and August) his "commission" makes us very happy. <br /><br />I have nurtured (groomed) these three minions over 12 years and they have not failed us (so far). Together they brought us $1.7M over this period. <br /><br />The "Civil Servant" has been "promoted in grade" and his income has now crossed over $100K a year.<br /><br />The "Contract worker" has negotiated for a higher remuneration last year in line with the market trend, securing a 3 year contract for $42K a year.<br /><br />The "entrepreneur" has achieved good commissions last year with total income of over $88K last year and is confident of repeating (if not better) the performance this year.<br /><br />And yes, this is what passive income investors like me sign up for :- Receive regular dividend income and still see our stock prices appreciate!<br /><br /> Just having some fun on a Saturday morning!mysecretinvestmenthttps://www.blogger.com/profile/16700632508434787208noreply@blogger.com