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Passive income
#40

Passive income

@YMG:

I'm based in Penang. Running conventional biz, trying to develop it Online for a little extra mobility for traveling.

No. Malaysian stocks are a little more than that at 6-7% range with little to no "micromanagement". basically plain blue chips that won't go out of fashion, solid yielding companies as Malaysia is a relatively untapped market due to political influence (keeping the big boys out, hence undervalued).

The "money system" as with the millionaire fastlane is a good way to start, but the US stocks are sometimes too volatile to my liking, so my perception is that writing covered calls would reduce the risk a little by putting cash regularly (writing covered calls yields cash income, reducing exposure to volatility) into your account.

YMG: do u trade shares, stocks etc?
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