The email address in "Contact AK: Ads and more" above will vanish from November 2018.

PRIVACY POLICY

FAKE ASSI AK71 IN HWZ.

Featured blog.

1M50 CPF millionaire in 2021!

Ever since the CPFB introduced a colorful pie chart of our CPF savings a few years ago, I would look forward to mine every year like a teena...

Past blog posts now load week by week. The old style created a problem for some as the system would load 50 blog posts each time. Hope the new style is better. Search archives in box below.

Archives

"E-book" by AK

Second "e-book".

Another free "e-book".

4th free "e-book".

Pageviews since Dec'09

33,707,309

Financially free and Facebook free!

Recent Comments

AK71 commented on sold alibaba for 51 gain: “Hi SgFire,Taking profit is never wrong. Gong Xi Gong Xi. :)”
AK71 commented on dbs share price to stay higher for: “Hi jeff, Apologies for the slow reply.I remind myself that…”
SgFire commented on sold alibaba for 51 gain: “Hi Ak, took profit on baba and sitting on profit with…”
jeff commented on dbs share price to stay higher for: “Hi Ak, im new to investing the banks now are rather pricey,…”
jeff commented on dbs share price to stay higher for: “hi ak,Im new to investing, however now the banks are very…”
AK71 commented on dbs share price to stay higher for: “Hi Yv,Huat Huat 2025 to you too! :)”
AK71 commented on dbs share price to stay higher for: “Hi bunny,Nope. Not adding.Last time I added was before they…”
AK71 commented on dbs share price to stay higher for: “Hi Deet,I am somewhat busy and might be late in looking at…”
AK71 commented on dbs share price to stay higher for: “Hi Unknown,As long as you have the shares when it goes Cum…”
AK71 commented on dbs share price to stay higher for: “Hi zhenling,That can either be a good or a bad thing.…”
AK71 commented on dbs share price to stay higher for: “Hi KK,That would be more accurate. Thanks for this.”
Yv commented on dbs share price to stay higher for: “Dear AK, Happy HUAT Year to you. Hoping to equally good…”
bunny commented on dbs share price to stay higher for: “Morning AK, would you still increase the holdings to DBS…”
Deet commented on dbs share price to stay higher for: “Hi AK, Thanks for talking to yourself!I'm eagerly…”
Unknown commented on dbs share price to stay higher for: “Hi AK, thanks for the sharing. I am new to stock. Do you…”
Unknown commented on dbs share price to stay higher for: “Hey AK, I am new to stock. Do you know if I were to buy DBS…”

ASSI's Guest bloggers

When will I have as much passive income as you?

Sunday, May 21, 2017


What makes up a 'wealthy' face? LOL.

As my blog's readership grows, a question that gets asked more and more often is:

"When will I have as much passive income as you?"




Of course, one of the things I would say is that we have different circumstances and that financial freedom is not a race. 

All of us who reach our goals are winners. 

Some might take longer than others but they are still winners at the end.

Distilled to a word, patience.






In my retirement, I spend quite a bit of time gardening and, a few months ago, I took three cuttings from the mother Rosemary plant and planted them in a trough.


Today, I transplanted one into its own pot. 

It has been a few months but, for a Rosemary plant, its growth has been quite fast.






The other two cuttings are still nice and green but they have not grown much. 

Their time will come too. 

They are probably late bloomers. 

They are not in a rush and neither am I.




"When I find a stock that sells for 50 per cent of what I have determined it is worth, my job is basically done. Now it is up to the stock. It may move up toward its real worth today, next week, or next year... There is simply no way to know when a particular stock will appreciate, or if, in fact, it will."
(See related post no. 2)





You might want to read this blog too:
The beauty of investing in what we feel are undervalued for income is that we get paid while we wait. That makes patience more affordable.


There will always be people more successful than we are and you won't see me asking those who have more than I do:

"When will I have as much passive income as you?"




Related posts:
1. Financial freedom is not a race.
2. Little book of value investing.

3 comments:

owq said...

How about "When will I have enough passive income for myself?"

AK71 said...

Hi owq,

You have cracked it totally! :)

AK71 said...

Reader said...
It's saddening to lose your "income troop" however, be happy that you're awarded many years of CD :) I like the confidence you had in Singtel. I'm also looking for the opportunity to accumulate more of Singtel shares.


AK said...
Income troops? Hmmm... If I were to think along the same line, they were not just troopers. Croesus and Saizen were more like the Major General and Brigadier General in AK Passive Income Army. So, the loss is keenly felt but well compensated. So, can't complain. Haha. ;)
As for SingTel, time will tell. Sorry, I couldn't resist the pun. ;p
The beauty of investing the way I do is that I get paid while I wait. That makes patience more affordable. ;)


Monthly Popular Blog Posts

All time ASSI most popular!

 
 
Bloggy Award