Showing posts with label 2 Make Your Money Work Harder. Show all posts
Showing posts with label 2 Make Your Money Work Harder. Show all posts

Tuesday, November 03, 2020

How to set up a systematic withdrawal plan to make your savings last till the end?

  • Don't sell the entire portfolio all at one go.
  • Sell partially the amount equal to your monthly expenses.
  • Use the proceeds for whatever the original intended purpose.
  • Remember that the unsold portfolio will still be growing at a 7% - 9% return.
  • Be disciplined, don't sell more than planned due to market condition or other reason.
Follow @ewppleinvest

You can still make money from the stock market without knowing when or what stock to buy. Want to know how?
Please comment to contact me.


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How to set up a systematic withdrawal plan to make your savings last till the end? Don't sell the entire portfolio all at one go. Sell partially the amount equal to your monthly expenses. Use the proceeds for whatever the original intended purpose. Remember that the unsold portfolio will still be growing at a 7% - 9% return. Be disciplined, don't sell more than planned due to market condition or other reason. Follow @ewppleinvest You can still make money from the stock market without knowing when or what stock to buy. Want to know how? Please comment to contact me. The recommendation does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. For the disclaimer statement, please refer to Facebook Page @ewppleinvest.

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Friday, October 30, 2020

How can you save and accumulate a fortune?

  • Set the maximum amount you can save. Say 30% of your monthly salary.
  • Put that amount aside immediately upon receiving the salary.
  • Invest this amount into a portfolio of broad-based index ETFs.
  • Live with & spend strictly only your remaining salary.
  • When your salary and expenses change, adjust your monthly investing amount accordingly.
  • Repeat monthly until you retire.
Follow @ewppleinvest

You can still make money from the stock market without knowing when or what stock to buy. Want to know how?
Please comment to contact me.


View this post on Instagram

How can you save and accumulate a fortune? Set the maximum amount you can save. Say 30% of your monthly salary. Put that amount aside immediately upon receiving the salary. Invest this amount into a portfolio of broad-based index ETFs. Live with & spend strictly only your remaining salary. When your salary and expenses change, adjust your monthly investing amount accordingly. Repeat monthly until you retire. Follow @ewppleinvest You can still make money from the stock market without knowing when or what stock to buy. Want to know how? Please comment to contact me. The recommendation does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. Please refer to Facebook Page @ewppleinvest for the disclaimer statement.

A post shared by Ewpple | Invest & Wealth 投资理财 (@ewppleinvest) on

Wednesday, October 28, 2020

How to generate passive income for life?

To build lifetime income, your hard-earned money should work very hard for you. The 3 steps to achieve this objective are :
  • Save | Put aside a portion of your income strictly for investment purposes only.
  • Grow | Invest in a portfolio of broad base index ETF that generates 7% - 9% return per year consistently for 10 years or more.
  • Use | Upon retirement, use your portfolio like an ATM. Sell, and withdraw only the needed monthly expenses amount.
Follow @ewppleinvest

You can still make money from the stock market without knowing when or what stock to buy. Want to know how?
Please comment to contact me.


View this post on Instagram

How to generate passive income for life? To build lifetime income, your hard-earned money should work very hard for you. The 3 steps to achieve this objective are : Save Put aside a portion of your income strictly for investment purposes only. Grow Invest in a portfolio of broad base index ETF that generates 7% - 9% return per year consistently for 10 years or more. Use Upon retirement, use your portfolio like an ATM. Sell, and withdraw only the needed monthly expenses amount. Follow @ewppleinvest You can still make money from the stock market without knowing when or what stock to buy. Want to know how? Please comment to contact me. The recommendation does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. Please refer to Facebook Page @ewppleinvest for the disclaimer statement.

A post shared by Ewpple | Invest & Wealth 投资理财 (@ewppleinvest) on

Friday, March 13, 2020

Make Your Money Work Harder

Ewpple Income For Life | http://www.ewpple.com
In our previous post, we have briefly outline Ewpple Income For life action plan.
The approach to the action plan is below.
Save – Build your nest.
Grow – Make Your Money Work Harder.
Use – Enough to last till the end.











In our previous post, we have briefly outline Ewpple Income For life action plan.
The approach to the action plan is below.
Save – Build your nest.
Grow – Make Your Money Work Harder.
Use – Enough to last till the end.
Save
Most of us earn a monthly salary. Unless you strike lottery or something similar, the only way to accumulate a considerable amount of funds is to save in a small portion monthly.
The best way to save is to
Determine a monthly saving amount based on expenses amount, saving & withdrawal period.
Put that amount aside immediately upon receiving the salary.
Live with & spend only your balance salary.
The saving period is from current to retirement age.
Grow
Saving money alone will not make you rich. Wealthy people get richer because money is always working hard for them passively & all the time.
Bank deposit rate ranges from 0% to 2%. Whereas inflation is normally 2.5% onwards. Your purchasing power will be greatly reduced by the time you retire.
The correct way is to park them in a low-risk profile financial investment portfolio that yields 7% - 9%.
The growth period covers both the saving & withdrawal period. Your money is growing the entire period from your 1st saving deposit till the last withdrawal day.
Use
To be able to last till the end, you'll need a systematic withdrawal plan.
Sell a partial portfolio monthly according to the amount of the projected expenses.
Use the proceeds for retirement, education or whatever original intended purchase.
Be disciplined, don't sell more than planned due to market condition or other reason.
In the next few posts, we will cover how much fund is enough for retirement or education, etc. So, stay tuned.
You will NOT make any money by merely reading this post. You need to take action.
Assignment
Question | Do you have a passive income now?
If you have no satisfactory answer to the above question, please feel free to contact me at ewppleblog@outlook.com.

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