Hi AK, I am 29 this year, need some advice for building up passive income. I have been in contact with financial reading on and off about investing and stocks and stuffs, but i always find that i dont have enough knowledge and skills to actually invest. I made a few investments from insurance agents and banking relationship managers which in the end made me realise they are all functioning for their own personal interest and i learnt the hard way as of course. I trust them too easily.

1. As such I am thinking what can I do to gain the knowledge that you have to help me make decent decisions. Is there any specific steps that you take when you first started?

2. What amount of initial capital that you start investing with? To be able to have $50k in 2011 required at least a start up of $500,000 with a 10% ROI...

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