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- เผยแพร่เมื่อ 21 พ.ค. 2024
- 4Q 2023 passive income: Why the smile?
Wednesday, January 10, 2024
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Retirement drawdown strategy? Passive income plus CPF savings.
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Unemployed AK grew his passive income from $100K to $200K per year.
Sunday, November 26, 2023
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$2 million in passive income! If AK can do it, so can you!
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Grow $100K to $225K in 20 years by doing nothing!
Oh, sexy SA! Oppa AK style!
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Lean F.I.R.E. and Barista F.I.R.E. Can or cannot?
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To retire by age 45, start with a plan!
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Investors "eat crusty bread with ink slowly" for peace of mind.
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Passive income equals earned income!
Simple but challenging strategy to become rich!
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• Passive income equals ...
More passive income than "rich" friends.
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To read all my blogs:
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Hi AK, your chickens and eggs story helps how to have a good financially-sound retirement in a nutshell. Very well said!
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I think it is important to have a transitional period or a trial period before actual retirement. Observe your spending patterns and evaluate your lifestyle before really taking the leap. Some people jump straight from full employment to Early retirement overnight, which makes it difficult to adjust.
If we are born lazy like AK, no need transitional period. Not working = bliss 💯. 🐷 Oops... 🙊
Thanks AK, even if we are retiring I also believe we can still stay investing along the way to ensure we are constantly on track,with different chickens haha
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Ok thanks AK!
Ty. Very well said & shared in a light hearted manner.
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Well said. Easy to understand. Thank you AK
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Thanks AK for talking to us about chickens 😀 Hope we can get good quality chickens so that we can retire early
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Summary: Strategy to (still) build wealth whilst retired
1. Build a chicken farm. Have many chickens (make sure good quality ones)
2. Do not eat all the eggs. Sell some of them.
3. Sell some of the chickens too.
4. Use those monies from sale of eggs & chickens to buy more chickens.
5. Note to factor in chickens that may fall sick or die.
You have cracked the chicken and egg wealth building code. 💯👌🥳
Insightful video as usual. I get that it takes heaps of discipline to reach your current state. Which sets me thinking (actually i started thinking abt this after watching your video earlieer in the year). So the question, do you ever think back and ponder on the lost opportunities, experiences. Maybe a little pointless to regret it now, but for those who are in their twenties ....these are the choices that they must make........
Hindsight is always perfect. I could have liquidated all my investments during the pandemic and invested all the money in DBS. 😅 Like you said. Pointless to look back and regret. 👋
FIRST!!
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Lean fire is heavily dependent on a frugal lifestyle for sure.
I think any kind of FIRE requires a very savvy individual as well.
Retirement and preparing for retirement, I feel, requires clear priorities and resource management.
As is life, you figure out resource management. Then you die.
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Wow, 200k worth of eggs is no easy feat.. even with a return of 6%! Such big chicken farm it must be lol. Kudos! Will start building my farm now..
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With 2m in s&p500 at 10% its possible.
@@LongtermalwayswinsS&P dividend is only 3%. Wake up!!!
@@deschua76 who cares about stupid dividendds when your growth is at 10%? wake up!!
AK, please take good care of your chickens. Don't let them kena COVID. Also, those old chickens which are nolonger laying eggs ought to be sold to Brand's to make chicken essence...😂😂
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I don’t have any dividends incomes yet but have 2 paid up properties for income only. 3rd property half paid. CPF can reach a million and nothing else. Plan for CPF life is ERS 400k. Zero dividends 😢.
More than one road going to Rome. 💯👌
Hi AK, do you use your CPF OA to invest in stock? If yes, whats the minimum dividend rate for you to invest in that stock?
I treat my cpf savings as the investment grade bond component of my portfolio. So, no. 🤭
Buy nutritious chicken which people havent discover yet also work
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Hi AK, can we opt for basic retirement plan (CPF)? Need additional confirmation 😅Thanks
Pledge our fully paid home and we can opt for BRS. Best to confirm with CPFB 😊
$200k of passive income is impressive! Any idea what portfolio size is required to achieve this F.I.R.E. #? I'm a late joiner of your vlog.
Welcome. 😊You might want to read this blog.🙊
singaporeanstocksinvestor.blogspot.com/2023/08/how-to-get-200k-dividends-yearly.html?m=1
Start early. It is less demanding than you think. 👋🥳
Now i know Seng Choon farms eggs come from 😂😂😂
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AK, what you think of amassing SGD$500k savings + fully paid 4 room HDB and retiring in JB Malaysia? The rental income for a 4 room HDB in SG would generate a monthly income of about $3k p/m or RM 10.5k and the SGD 500k could yield a 3% p.a. return or RM1,250 a month taking one's monthly income of RM11,750 a month. What you think of retiring in JB with a monthly income of RM11,750 p/m for husband and wife with no kids?
I like Singapore more. 😊
Of course, some like Malaysia more.
No right or wrong. 🍵
I am not familiar with living conditions and cost in Johor.
😷 So, I shan't comment. 🙊
No guarantee of renting out your flat. There might be periods when it is vacant without tenants.
You may need to think of where to stay in Sg for the occasional few days per month. But I think this is a viable way to retire in JB.
@@FoodieWarrior there is no guarantees you will live past tomorrow as well. What's your point?
@@xxxcool2565 They need another source of passive income in case the flat is vacant. Such as bonds, fixed deposits, dividends etc.
8 years ago, if I have known this, today I can retire already. But anyway, better late than never.
Oops 🙊
It’s never too late to start.
@@FoodieWarrior 💯👌
Need to have many forms of chickens to eat eggs and drink chicken soup in later years
This week I realise... I don't know what to do with 'free time'. Sigh...
Older chicken lay larger eggs too. But most chicken are slaughtered at about 1 year old.
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What happen to the chicken which does not lay egg?
Make chicken curry... 🙊
@@A.Singaporean.Stocks.Investor. so u eat the chicken than waste money to feed the chicken with no eggs
@@yengkoontan7184 🤣🤣🤣
"AK Chicken Law"
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Haha was laughing tog with you with your chicken stories
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Second.... 😂
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retirement without work is as good as death becoz u are wat u do....dead person doesnt work...
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