Just read a report from The Montey Fool on 10 Steps to Making a Million Dollars in the Market. This report talks about what are the 10 steps to take so as to make a million dollars in the market. A catchy report title. Who does not want to earn a million dollars from the stock market?
Downloaded the report to read in details. There are some parts of the report which I agree and some I disagree which I shall share with you. Continue reading “10 Steps to Making a Million Dollars in the Market – Report by The Montey Fool”
There are many posts out there talking about achieving financial freedom. A quick note that I can conclude from reading some of the posts is “To achieve financial freedom, there are 3 points that we should not forget and they are: Plan, Execute and Enjoy” Continue reading “3 Important Points to Achieve Financial Freedom”
I have often asked myself, how much would it be considered enough? Do I want to earn $10,000 a month? Would that be enough? I have finally concluded that having $60,000 annually is what can give me a decend lifestyle, I should just target to earn that amount and not over-stretch myself.
Assuming that the average dividend yield of the dividend shares/REITs that I will be buying is approximately 4%. To achieve an income of $60,000 annually will mean that the dividends should give me $5,000/month. Continue reading “How Much Investment Capital do I Need?”