Read? What Passive Income?
Read? The most important chart in CW8888's blog to remember on Wealth Formula!!!
Passive income is Good; but don't ever forget about Uncle8888's Wealth Formula
Wealth = Asset value + Cash flow
Our cash flow can be in any form.We must have emergency and medical fund available too. And never ever need to liquidate any of our asset during market low. Never ever!!!
Can you see what is Uncle8888's thinking?
Earned income from employment and sometime got f...ked by bosses or customers = ACTIVE
Earning (not yours yet) from investment; but sometime got screwed by Mr Market; but okay lah. No f..king by bosses or customers = PASSIVE
Uncle8888 can count his earned income till Dec 2014. It is already known and can be countable.
Earning from investment is marked to market closing price at last Friday.
See the difference. Predictable vs Unforecastable
Honestly, you tell me!
You want more of what?......
