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 FI/RE - Financial Independence / Retire Early

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jk_livermore
post Oct 20 2021, 10:16 PM

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Joined: Aug 2017
My strategy im saving 20-30% of my monthly income. And slowly invest it to create passive income.

Currently my rented out property is paying me averagely rm900-1200 nett per month after deducting all cost ex. Maintenance fee, tax, bills etc.

While my shares and crypto dividend is paying me out rm300-400 monthly on average.

My target is to have at least around rm3-5k of this passive-semi passive income.

Still far from my target.

I recently looking at vending machine business to be placed at some residential apartment. See how it goes. They say the cashflow from this biz is low. Low profit. But it is also low cost and risk. Rental for vending machine is only rm100-200 per month depending on the place density and traffic.



 

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