Target Passive Income

 As a start, target small...aku target nak cover my commitment through passive income i.e trading.

Aku nak buat passive income RM2,000 sebulan. Aku kena cari investment that gives monthly return. So berapa RM aku kena letak? Berapa % pulangan aku kena target?

1. Trading Orang Yang Nak Promote Course Dia

Semalam ada dengar dia make money camni....invest RM10,000 in 6-7 years dah dapat RM1,000,000. So kalo direct calculation RM1,000,000/7 tahun = RM143k sebulan. Kalo initial investment RM10k

RM143,000 / RM10,000 = 14.3 x 100 = 1,428%

Cam tak logik kan...tapi ni direct calculation. Sebenarnya kena amik kira compounding.

Rasa kalo aku nak dapat RM2,000 sebulan tu through deposits, deposit aku kena tinggi!

2. Tabung Haji/ASB

Kalo aku simpan RM50,000 setahun for 5% dividen

RM50k x 0.05 = RM2,500  untuk setahun. Kalo sebulan RM208...tak cukup ni cover RM2,000 commitment ni...

Kalo 50% pulangan: RM50k x 50% = RM25,000 baru cover yearly commitment. Tapi mana dapat 50% pulangan dividen

3. ASB Financing

Aku park sini nak bagi ingat saja. Biasa orang buat loan for RM200,000 for 10 years

So kalo dividen 5%: RM200,000 x 5% x 10 tahun = RM100,000 (tak kuar kan duit langsung)

But I don't have 10 years...