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Thursday, August 30, 2012

Buy and forget

After changing strategy in stock investment this year, I think buying counter with high dividend is the best. After comparing Stareit and public mutual, I actually manage to gain at least 7percent from REIT compare with mutual fund. I will maintain buying dividend counter and hope I can retire earlier by just having dividend as my pay. The calculation is simple and I plan to have passive income of 3k per month. With 7percent dividend yield, I need (3000x12)/0.07=514285.71 as my initial capital. Wah, half million! Dono when can I gather that amount.

O, money money where are you?

It's been some time no blogging. Study while working is not fun at all. Not only exhausting, I some time fell its wasting my money when I didn't gain much knowledge. Although I manage to score mostly A in my MBA, if some one wanna ask me in detail about finance and accounting, I would definitely encounter some trouble in answering correctly. What good to have a cert if i know i didnt gain much knowledge? I fell so bad especially when need to pay fees again. This year I didn't manage to save much due to study fees and more spending. Ar! Where my money ar!!! How to become rich if keep on like this??? [Just wanna release some stress when thinking this matter. ]