Through self-learning and also trial-and-error approach. Made huge mistakes to learn the proper way to invest. I do not believe in attending those investment courses.

my passive is currently RM4,xxx per month, plan to do mini retirement next year, moving oversea country to country every few months. But still worry if 4k passive wont be sufficient, actual target was to generate 10k passive per month

It’s FD, ASNB combine EPF (lol)
I’m not sure if I’m calculating passive income right lol

Am dreaming hehe

By definition, passive income would mean the cashflow generated by any of your investment vehicles.
Please correct me if I am wrong.

Any dreams is possible if we have a plan to achieve it friend

dont count EPF bro..

Then it's wayyyy lesser than RM1,150

it's ok.. start working now to build it up.. have a plan and work towards it

For property, my view is that if you believe property will continue to appreciate in value over the next 2-3 decades, the negative cashflow is not concern. The cash-on-cash return come exit is still very attractive to me, despite the monthly negative cashflow.

Exactly the point. Do I believe that the price of properties in matured areas would appreciate by 80% in the next 2-3 decades? Unlikely so at such unfavourable pricing right now.
We need the property market to cool down. I'm waiting for fire sale.

Bank lelong have plenty of fire sale / force sale

most of the time, there's a reason why that property is being lelong

Those so-called 'fire sale' are still expensive if compared to prices prior to 2012. Usually the price would be 10-20% lower than market price only, but over the years, prices have shot up tremendously, some up by ridiculously as much as 100%. So we can still wait for the market to "re-adjust" itself, then only we go into bank lelong.

Mostly due to foreclosure as many of the auction units are in the range of RM300k - RM500k range.

also because alot of the units are in undesirable locations.. hence no one wants to buy it from them in the first place

Assuming that the unit trust returns is positive, do you consider unit trust dividend a form of passive income?

I agree with your view as well.. too high price for "flip" but still ok if for own stay

some UT funds has no dividend distribution policy
some UT funds has auto reinvest the distributed dividend
some UT funds can select either Auto reinvest or pay out cash

if profits can be made constantly and if it need to take out the profits to use then it can be considered passive income
like ex...CMF constantly giving out about 3.X% pa...then that "profits" if taken out for use, can be as a form of passive income

if it does not required to be taken out, then it is asset accumulation stage...just let it grow while doing rebalancing of % allocation in the portfolio

i guess by the time you retire or achieve RE, asset accumulation is not a priority. So selling the UT dividends is to withdraw the $ for daily expenses i guess.

Dividends declared/distribution amount is usuall a very small percentage of the funds (somehwere in the range of 1.5% pa). So unless you have a very huge amount invested in unit trust, that distribution amount will not be able to cover your retirement expenses.

As an example, if you want a RM3k monthly retirement lifestyle, you will need to have RM2.4mil invested in unit trust that distributes an average of 1.5% pa.

Do take note that the distributions that were reinvested may or may not be charged a front load fee. If a fee is imposed on the reinvested distribution, then it will further erode your dividend returns.