Well, where do I start? As much as I like to avoid mutual funds, I am trapped with a brother that find trust funds fascinate and treat them like a trading tool as much as I do with equity.
We go very different route in managing 20’s finance and year-to-date he BEAT me big time with one of his main investment – a mutual fund riding on Indonesia rising economy at 19.8% return year-to-date return. I have to accept the defect – I am never that good with investment. It’s harsh painful lose of intellectual debate.
Will my mini Project be the comeback?
After opening a CDS account beginning of the year, I have consolidated money I left in different account into one and I will not invest new fresh funds for this two years. Instead, I’ll start over in building emergency savings. I want do this the guru investment way – that is, till death keep us apart. Because you know, I also care about passive income.
The idea is to generate enough passive income as my bare budget by year 2026. Well, I have a dream, a system set and I’ll move on. As of writing, the fund is 25% invested and I am planning to fully invest by Dec 2016. Till then this is my last 2016 chapter. -reason this post came early of the month-
I hope this to free up my time and future savings for what I wanted in life. Yes, dining around the world. Yes, embracing innovation and ideas. Yes, to the making life better for people.
Before you go, check up what you get for attending AGMs in KLSE.
If you’ve ever gone through the path of self-manage investment, please leave an inspirational comment for those who need a bit of motivation for the rest of the year. I’ve got you!