There is NO SUCH THING as Passive Income

By now, the word "Passive Income" is so Overrated !!

Some even are promoting it as Get Rich Scheme where you don't need to do anything and yet you are able to earn income for FREE !!

from some findings on the meaning of  PASSIVE : it says ~

not participating readily or actively; inactive:

not involving visible reaction or active participation: 

Contrary to above, no matter what kind of income you are getting, you would definitely require some form of active participation to make it happen or at least to get it started in the beginning;  and contrary to the meaning of passive, whatever smart income you have generated would have anticipated very clear and precise vision on the reaction or expected results even from the very beginning.

Hence, the intention of writing a book titled above is born!

The book will preach about Smart Income instead.

• It will list out some of the popular passive income methods, discuss on what works and what not in today's society, and for those that works, how to make them works even better 
• then it moves on to what most would normally never considered as passive income, and how it can also be turned into a form of Smart Income contributing positively to the success of your very own personal finance

If your concepts, ideas, writing or comments are used in the book, the net income from the publication will be shared with you as long as you leave us a contactable method.

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FREE education + Guaranteed JOB - by Taylor

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Fundsupermart October Seminars 2011 - Value Investing

Market is down, many people are sad but how about you ? Have some extra money at hand ? Looking for opportunity to invest ? Even you don't have cash but do you know you can invest into mutual fund with your EPF ?  Fundsupermart says its time to go in because the price is below the value now - buy low now !

 ... read here for their October FREE seminars, 1 Oct in KL and 8 Oct in Penang.  Prepare your EPF statements ( print for FREE from EPF office or login online ) ... They are going to whack your EPF hard that day :)

You can also use your EPF $ to invest into stocks market but you may want to check out this article first.

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MYR 300 FREE money for self employed

Budget 2010 has been around for a while now, but I wonder why many have not made a big deal about this yet. If you are a Self Employed in Malaysia, you can open an EPF account yourself and save MYR 100 into it every month. In return, Government will add MYR 5 into your saving too. This is expected to start next year and 5% top up will continue for the next 5 years.

Although $60 a year is a small money but are you sure you want to pass on any FREE money ?


Assuming EPF declare a dividend of 4%, you will get more than MYR 10,670 5 years down the road out of the MYR 6,000 you have been saving. MYR 100 x 12 months x 5 years.

If you save the same MYR 100 monthly else where, it will need 22.01% interest rate to obtain the same return 5 years down the road.

22% passive return is not something available readily anywhere in the market. The only con side of this offer is its limit of MYR 300 contribution from the govertment in the next 5 years. Which is pathetically little. Then again, it also means it doesn't hurt at all to save the extra MYR 100.

Comes to think of it, is Someone intentionally trying NOT to pay out this FREE money by NOT promoting it as it deserves ? So they may declare a good policy change but keep things quiet and then at the end they can say, "it's you who didn't take our offer!"

Proceed with care and patient, EPF department does NOT know how to handle this yet ... their typical responses are, "Come back next year ..."

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