This is a picture taken from my study room or should I call it the “War Room” where I spin off ideas and tracked them for my wealth creation.
As usual, I do things the simple way. Place boards on the walls. Write down my thoughts, ideas and actions. And also tracked them.
This works well for me as things are placed in perspective and these ideas will slowly crystallize and evolve into reality. Keeping them in view and tracking them are very important.
SmartPassiveCashFlow hopes that you have also laid down
your thoughts and ideas, executed them and also tracked them.
References:
Cash Flow : Intraday Bonds Trades
Job Stability is important. For me, I would rephrase it as “Job Stability is good till you are 45 years old or maybe 50 if you are lucky.” To people with no other survival skill sets or assets to generate cash flow for them, not having a stable job will be a great concern to them. They need to cling on to their job dearly and they need to work till a later age. In fact, the need for a job creates subconscious stress to the people. Have you ever wonder, what will happen to your cash flow once you have stopped working? If you are young now, you will think that you will save money and can live off that money for your retirement. You can do a calculation and see how long can your savings last.
Click Here to Read More
It is the honor of SmartPassiveCashFlow to release its
Very First Wealth Creation eBook For Intraday CashFlow.
In this ebook, I will show you step by step how I use this strategy to
generate a monthly cashflow of US$500-US1,000 per month.
The information is straight to the point with no beat-around-the-bush story.
For those interested, you can go to this link.
SmartPassiveCashFlow Wishes All an Ever Increasing Cash Flow.
I am placing my thoughts into a diagram in terms of Real Estate and Precious metals.
In a nutshell, the economy is currently held up with excess printed currencies and low interest rates.
I do not hold a crystal ball nor a consensus agreement on when these will occur. However I know that these will definitely occur. It’s a matter of when. If I would have to give a year, I will place it as 2015.
Currently, there is a lot of ‘Money Printing’ not only in US but worldwide. There exists a lot of ‘money’ chasing after the limited products. So what happens? Things get more expensive. Our ‘money’ that we have on hand can purchase lesser things. That is inflation. The inflation will get worse over the years with such aggressive ‘Money Printing’.
In US, there is a USD 85 Billion pumped into the market monthly which will result in more than a 1000 Billion in a year. So the country will be flooded with more money. When more money is chasing the limited goods, the goods will just get more expensive.
It is already very bad for just US having excessive “Money Printing”. Now this is done world wide. The next change in state for the global economy will be drastic.
What happens next? Is it an opportune period for a “Wealth Transfer”?
Will my precious metals buy me more real estates?
What will you be doing during such times?
SmartPassiveCashFlow Wants You To Be Rich in this Wealth Transfer!!
For Further Reading:
SmartPassiveCashFlow Sees an Excellent 7-year opportunity in 2015
People are striving hard and always wanting to achieve a massive wealth so that they can retire comfortably. The various sources of wealth typically includes Real estate, stocks, commodities, businesses, etc.
Today, I am touching on another type of wealth which probably many people would have just missed out during their journey. I know that people are from all walks of life and have different experiences and encounters during their pursuit of their dreams. Some have more bad encounters than good ones. Some have more good ones than bad ones. Life is full of ups and downs.
So what have happened during these ups and downs?
In the pursuit of the money wealth and fame, did this journey create a better you? Are you becoming more tolerant, more forgiving, more caring, more helpful and with no intention and action to harm anyone at all? Or did you become more greedy, more stingy, more boastful, more jealous, more impatient with people around you? Have you also lost important friends along the way?
Which Path Do You Wish To Take?
Do you blame people for your failure? Do you blame yourself for your failure?
All blaming is just a symptom so show that you have degraded during this journey.
The strongest wealth of all is yourself.
Remember, money can be given to you. But character is built only by yourself.
Do not neglect this wealth during your journey to your dream.
SmartPassiveCashFlow wishes you all the best in your journey of dreams.
You can also read :
A Reminder of the Important Things in Life
At the usual coffeeshop, I have seen people consuming all sorts of drinks, ranging from cold soda water to hot honey drinks. There is this usual trend that I have noticed. When people realized that their drinks are too sweet, they would usually add more ice and more water. They hoped that by diluting their drinks, they will be consuming less sugar content.
When you feel that the drink is no longer sweet after you have added water. Does it really reduce the amount of sugar in the water? No. It does not. When you finish the entire drink, no matter how much water you have added to dilute it, you are still consuming the same amount of sugar.
In our working life, some people may be doing well in their career and some may be at their low of their career journey. For those who are troubled by their financial status, what should they do? Guess what, some of them may try to look good and wealthy by buying a nice car. Think about it, will this action help to lessen their financial burden at all?
Is it the really the case of not knowing the truth or they are just deceiving themselves by adding “water” to their sweet drinks and assume that everything is all right?
Are you also guilty of such actions?
I sincerely hope that you are not.
SmartPassiveCashFlow Wishes You a Happy and Meaningful Life.
The year 2012 is coming to an end and a new 2013 will start in 1 week’s time.
There are some new things that I have done this year and I am very happy to be able to accomplish them.
1. Buying of Overseas Property
Though I have purchased local property, this year marks my first purchase of an overseas property. I have overcome the fear and risks that have crossed most investors’ mind when it comes to investing in overseas properties. I have bought an overseas property. You can read the property here.
Other related property articles
SmartPassiveCashFlow Sees an Excellent 7-Year Oppotunity in 2015
SmartPassiveCashFlow Planning for another Property Purchase in Singapore
2. Stacking of Physical Metals (Adding to my portfolio)
As I have always wanted to and friends around me seldom talk about this item, this is the first time I have done a purchase of physical precious metals. I have done lots of metals ETF and futures, this is the year when I have purchased my first stack of precious metals. I have started the journey of stacking precious metals as a hobby, an expensive hobby as others may have said.
You can read My New Portfolio (with Physical Precious Metal – Silver)
3. Taking the first plane flight with my wife and daughter
This year also marks the first time I took the plane with both my wife and daughter. As my daughter is now 3+, this is the first time she took a plane flight and she enjoyed it. As being a conservative and health conscious father, I do not allow my daughter to fly when she is younger. Probably because I was worried that the air pressure of the flight may damage the health of a young child.
3 Good New Things For The Year 2012 are excellent for me.
SmartPassiveCashFlow wishes you all best in your reflections for 2012.
You Can Read My Previous Version of Passive Cash Flow Portfolio
SmartPassiveCashFlow has added physical metal “Silver” into its portfolio.
Why is physical Silver added to the portfolio?
I see a possible rise in silver due to the following reasons:
1. Declining amount of silver on Earth
2. Usage of Silver is increasing in many products (especially in industrial usage)
3. Silver is undervalued by the ratio of Silver vs Gold.
Why not Gold?
I see Silver having a much better potential growth as compared to Gold.
The current ratio is 1:60. Which means 1 ounce of gold can change for 60 ounces of silver.
Historically the ratio should be 1:12. With Gold Prices at ard $1800, Silver should be at $150. Current Silver price is at ard $32.
How much of Physical Silver is enough?
3,000 ounces of Physical Silver would be the basic number.
Try accumulating to 6,000 or even 15,000 ounces of Silver in the next few years.
Click Here to Read More
