Building Wealth For Financial Independence and Retire Early
Building A $500 A Month 100k Stock Portfolio continues with another month of volatility and some new stocks added to the “team”.Mostly financials hoping that the increase in interest rates will also increase their returns. Aristocrat Leisure, global gaming content and technology company and top-tier mobile games publisher.Sonic Healthcare, medical diagnostic services and administrative services … Read more
Forex Another busy month in the currency markets. Volatility creates opportunities but also big swings with the current rate adjustments by the central banks.Fortunately I once again managed to make some profits navigating some big swings which reminds of those ships in huge waves videos you see on youtube.With a few nights with little sleep, … Read more
Time is going by fast as I work on building a Passive Income Stock Portfolio that will earn approximately $500 per month with a total equity of around $100,000. This month’s additions were ANZ and Wesfarmers, both ASX20 companies with a large cap and hopefully a business that will deliver good dividends and growth.And Suncorp … Read more
Forex March was a busy month trading forex. Volatility created opportunities but also big swings in NAV.Fortunately I managed to make some profits after a big swing against my first few trades. Forex is high risk and the possibility of crazy markets that cause huge if not total account losses is always there. Gains for … Read more
Forex February was another quiet month for forex trading. I traded smaller than usual as the world of finance seems a little more volatile.Forex is high risk and the possibility of crazy markets is always there. Gains for Feb 22 was $2227 and will contribute to the Passive Income Portfolio. 2227 Options No options trading … Read more
My plan is to Passive Income Stock Portfolio that will earn $500 a month and will have a value of around $100,000.The plan was to reach the 100k in 12 months though it seems I’m behind schedule right now. This month’s additions are AGL Energy, Platinum Asset Management and WAM Capital. The total stock count … Read more
Forex January is generally not a high earning month for trading, some opportunities did present themselves and some gains were made. Lots of world markets turmoil makes me risk adverse and consequently trade smaller even though it reduces profits.Forex is high risk and the possibility of crazy markets is always there. Gains for Jan 22 … Read more
My plan to build a Building A $500 A Month 100k Stock Portfolio is going a little slow though still going.This month I added a few more stock that will hopefully grow and provide reasonable dividends. At this time I’m not much focused on the price and value fluctuations but more on building the portfolio … Read more
As set out in this post Building A $500 A Month 100k Stock Portfolio the plan is to put together a portfolio of stocks with the specific goal of earning $500 per month or $6000 per year. After 4 months it’s starting to take shape with a few good dividend stocks that were bought during … Read more
Setting investment goals is one of the fun things I get to do as an investor.2022 comes with lots of uncertainty and many popular finance speakers predicting a possible fall or crash in both real estate and stocks.I won’t let any of this affect my planning both for income and building wealth and assets. Will … Read more