dun ask me, ask ocbc........Originally posted by ~JohNy^BraVo~:Besides working ur hearts out for that monthly salary to br put in ur sving a/c...wat other means for inflow of other incomes...i have friends whom are willing to take the risks by investing tons in stocks, bonds and unit trusts..does all these really make a person rich. Is there really such a thing as a millionare employee.
noOriginally posted by ~JohNy^BraVo~:Besides working ur hearts out for that monthly salary to br put in ur sving a/c...wat other means for inflow of other incomes...i have friends whom are willing to take the risks by investing tons in stocks, bonds and unit trusts..does all these really make a person rich. Is there really such a thing as a millionare employee.
You should set aside about 30% of these income to invest. Depending on how much risk you wanna take, you can invest in penny stocks(short-term) or blue chips(usually long-term). Also, do not only invest in one sector. You should diverge and invest in a basket of stocks from the different sectors to minimise risk.Originally posted by ~JohNy^BraVo~:Besides working ur hearts out for that monthly salary to br put in ur sving a/c...wat other means for inflow of other incomes...i have friends whom are willing to take the risks by investing tons in stocks, bonds and unit trusts..does all these really make a person rich. Is there really such a thing as a millionare employee.
Originally posted by stoner:Hello.... if u can make thousands with investments, would u still WORK???? DUH !!!! please don ask stupid questions !!
Its not a stupid question at all, a fren of mine recently made 100% in 4 days on an IPO that doubled on launching, all in all it was about 20 k profit in total.Originally posted by stoner:Hello.... if u can make thousands with investments, would u still WORK???? DUH !!!! please don ask stupid questions !!
Basically there are 2 sources of income. Active & Passive. Active income is that u use ur time to earn money. While Passive is u can earn money without being there. Rich people depend mainly on passive income. Passive income includes investing, writing of books and having ur own business. Writing of books can make u rich if your book is good. If u earn 3 bucks from selling a book, and its a good book (selling 2000 copies a mth). U will earn 6000 bucks more a month. Having ur own business, is that people work for u, u just have do oversee. But during the begining, u have to work on the management plan and some out stuff. Before u need not be thereOriginally posted by ~JohNy^BraVo~:Besides working ur hearts out for that monthly salary to br put in ur sving a/c...wat other means for inflow of other incomes...i have friends whom are willing to take the risks by investing tons in stocks, bonds and unit trusts..does all these really make a person rich. Is there really such a thing as a millionare employee.
LOL exactly what Adam Khoo said in his seminar, u've been to his seminar b4 huh?Originally posted by marzguy:Basically there are 2 sources of income. Active & Passive. Active income is that u use ur time to earn money. While Passive is u can earn money without being there. Rich people depend mainly on passive income. Passive income includes investing, writing of books and having ur own business. Writing of books can make u rich if your book is good. If u earn 3 bucks from selling a book, and its a good book (selling 2000 copies a mth). U will earn 6000 bucks more a month. Having ur own business, is that people work for u, u just have do oversee. But during the begining, u have to work on the management plan and some out stuff. Before u need not be there![]()
LOl, BINGO!! Yup, Adam Khoo is a very cool guy. Learned alot from his seminarOriginally posted by VivId CrItiQuE:LOL exactly what Adam Khoo said in his seminar, u've been to his seminar b4 huh?

warren buffett made his fortune from investmentOriginally posted by stoner:Hello.... if u can make thousands with investments, would u still WORK???? DUH !!!! please don ask stupid questions !!
how do u explain the fact that the top dogs in the Forbes are innovators and inventorsOriginally posted by soulness:warren buffett made his fortune from investment
and now he is the world 2nd richest man behind billgates
how do u explain this?
explain wat? anyway i was asking the other guyOriginally posted by ntu slacker:how do u explain the fact that the top dogs in the Forbes are innovators and inventors
but then a business is a by product of a investment in education and risk
Sorry I think you got me wrong.Originally posted by soulness:warren buffett made his fortune from investment
and now he is the world 2nd richest man behind billgates
how do u explain this?
warren buffet started of rich enough to invest... for rich people very easy to get richer...Originally posted by soulness:warren buffett made his fortune from investment
and now he is the world 2nd richest man behind billgates
how do u explain this?
Is she rich? Is her wealth maximised? LOL!Originally posted by Evil Clown:
thats quite true.Originally posted by SilentNSly:warren buffet started of rich enough to invest... for rich people very easy to get richer...
poor people can still do it but it will take longer...
dun use stocks & shares... unless u can take a few losses without going bankrupt...
hm i always thought his main wealthy comes from investmentOriginally posted by SilentNSly:warren buffet started of rich enough to invest... for rich people very easy to get richer...
poor people can still do it but it will take longer...
dun use stocks & shares... unless u can take a few losses without going bankrupt...
erm a millionaire?Originally posted by stoner:Sorry I think you got me wrong.
I totally agree that investment can make you filty rich and I also agree that warren bufett is a dam smart millionaire.
I am just suggesting that "Who would be so stupid to continue working for that few THOUSANDS if he has made his mark through Investments."