Wednesday, October 12, 2011

Early Retirement

3 types of income (which most of us aren't aware):
  1. earning income - from our monthly salaries
  2. portfolio (active) income - from our investment portfolios (e.g. stock, gold)
  3. passive income - normally from real estates investment
we could retire if and only if we manage to keep our 2nd and 3rd incomes stable - it's okay tho to go slowly from the first to the third step..but, the important thing to plan your future..

p/s: learning from my friend Fadzli (PHD candidate in Statistics)

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