To Build My Wealth

Welcome to my site where I share my thoughts and what I've learnt about how to build wealth. Let's work towards our financial goals!!!

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Showing posts from December, 2021

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Create Multiple Streams Of Income: My Top 3 Ideas

on December 05, 2021

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The Metaverse ETF – META

on December 01, 2021

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Disclaimer: I am sharing my own views in this post. The information in this post is for information only. The information and publications are not intended to be and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort offered or endorsed by me. The information and opinions contained in this post has been obtained from sources that I believed to be reliable, but I make no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose. Opinions and estimates are subject to change without notice. All investments involve a risk. Please seek the advice of an appropriate certified and qualified professional and do your due diligence before making any investment decision. I was first know of Metaverse is from Meta Platforms, Inc., (Facebook) which I have a small position. Personally I feel that this maybe a new trend and “New Internet” experience for consumers like us if ev...

Ways In Building Wealth : Invest in S&P 500 Index

Disclaimer: I am sharing my own views in this post. The information in this post is for information only. The information and publications are not intended to be and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort offered or endorsed by me. The information and opinions contained in this post has been obtained from sources that I believed to be reliable, but I make no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose. Opinions and estimates are subject to change without notice. All investments involve a risk. Please seek the advice of an appropriate certified and qualified professional and do your due diligence before making any investment decision. What is S&P 500 Index? The S&P 500 Index, or the Standard & Poor's 500 Index, is a market-capitalization-weighted index of the 500 largest publicly-traded companies in the U.S. It is...

Create Multiple Streams Of Income: My Top 3 Ideas

I believe some of you (including myself) who only has one full time job are trying hard to find ways to in building wealth to meet your own specific financial goals. In general, for average working adults with one source of fixed paycheck, after deducting all necessary expenses, you can only save a fixed amount (maybe 10% or more) for savings & investing monthly. In order to try my best to build my wealth, I'm trying to find ways to increase my income in order to increase in my investment capital. Creating multiple streams of income will not be easy as it will takes time and effort. Please be mentally prepared that it may not turns out to what you expected and it takes longer time (maybe months or years) to see the results. But I believe that we have to start one way or the other. 1. Start a Blog If you like sharing your thoughts, your interest, what you've know or what you've learnt in wordings that may add value or benefit others, starting a blog may suits you. Star...

Building Wealth Habit 1: Pay Yourself First

What does pay yourself first mean? It means that when your monthly paycheck is credited to your bank accounts, your transfer ("pay") certain amount of the paycheck to another of your saving accounts before your pay to others (bills). Why pay yourself first? Many of us will pay others (bills) first when receive our monthly paycheck. Hence by end of the month, many of us will not have any or much money left for savings & investments. It seems like we are making money for others instead for ourselves. You may had heard this “Is not much how much money you make, but is how much money you keep” – by Robert Kiyosaki. This is one of the best habits in building wealth . How much to pay yourself first? There is no fixed rules on how much to pay yourself first. It can be a 10%, 20% or 30% of your net monthly paycheck or start with an amount which is comfortable to start with depending of your financial goals . No matter what is the amount, start wi...

ARK Invest Innovation Active ETF - ARKK ETF

Disclaimer: I am sharing my own views in this post. The information in this post is for information only. The information and publications are not intended to be and do not constitute financial advice, investment advice, trading advice or any other advice or recommendation of any sort offered or endorsed by me. The information and opinions contained in this post has been obtained from sources that I believed to be reliable, but I make no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose. Opinions and estimates are subject to change without notice. All investments involve a risk. Please seek the advice of an appropriate certified and qualified professional and do your due diligence before making any investment decision. Personally I do have a small position of ARKK ETF in my portfolio as I believe the direction of the investing in groups of " disruptive innovation" companies that improves our world such as TESLA w...