How much passive in come do you have and what is its source?

Originally Posted by Unregistered

1k/mth needs about 1m. Is that very out of this world?

Haha, the two posts; this one and the previous questioning the possibility of earning 1K/mth bank interest -- this is a classic manifestation of wealth divide. The guy on the wrong side of the wealth divide just could not imagine / believe people can earn such interests from the banks.

Like someone once said The rich gets richer, the poor gets clueless.

Originally Posted by Unregistered

Haha, the two posts; this one and the previous questioning the possibility of earning 1K/mth bank interest -- this is a classic manifestation of wealth divide. The guy on the wrong side of the wealth divide just could not imagine / believe people can earn such interests from the banks.

Like someone once said The rich gets richer, the poor gets clueless.

The fact that normal people straight away assume interest can only come from bank deposits is another sign of clueless

age 36, married. i work as a Manager (IT), wife not working now

our modest passive income:

interest : around $350 per month ($580K in savings account)
dividends : around $750 per month ($160K in reits)
money market account: around $50 per month ($35K in account)

total passive income: $1150 per month

Originally Posted by conservative investor

age 36, married. i work as a Manager (IT), wife not working now

our modest passive income:

interest : around $350 per month ($580K in savings account)
dividends : around $750 per month ($160K in reits)
money market account: around $50 per month ($35K in account)

total passive income: $1150 per month

There are a lot of nonsense posts here. Idiots that post nonsense try to defend themselves by saying that normal people cannot contemplate how the rich invest.

The above is a good example of a reasonable post. Everything is detailed and makes sense. Most of the other posts are nonsensical. It's nonsense to talk about rental without talking about mortgage payments and vacancy cost etc. Unless payment was all in cash then that's inefficient.

Pls share reality, not easily discernible fantasies.

iphone apps - $3k
websites - $3k
dividends - $500 (market value of shares $300k)
interests - $500 (about $500k in lousy time deposits)
net income from rental - $1k

job - $30k (together with wife)

not getting rich any time soon.

Working in the logistics line and 39 this year...

stocks and reits = $3900 per month
interest from banks and bonds = $1100 per month
rent from HDB = $2400 per month
annutities = $900 per month

You have a lot of cash. too much? I.e. $740k. Can easily down a pty? Me, small stand-by cash left after downing and staying in private. Passive: $2,500 from HDB. full-stop.

Originally Posted by conservative investor

age 36, married. i work as a Manager (IT), wife not working now

our modest passive income:

interest : around $350 per month ($580K in savings account)
dividends : around $750 per month ($160K in reits)
money market account: around $50 per month ($35K in account)

total passive income: $1150 per month

Rental income $16k
FD interest $1.2k
Dividends $4k

36 years old, banker

Originally Posted by Unregistered

Rental income $16k
FD interest $1.2k
Dividends $4k

36 years old, banker

rich! give others a chance please.

Originally Posted by Unregistered

You have a lot of cash. too much? I.e. $740k. Can easily down a pty? Me, small stand-by cash left after downing and staying in private. Passive: $2,500 from HDB. full-stop.

i already have a double-storey freehold terrace (for own stay, not to rent out). not keen on adding an investment property now as the ones which i am interested in are quite expensive.