When I first started out, I did not quite comprehend what this sentence means. I assume is trading my time for the money exchange. I worked hard for my money and in the mean while, I found out about passive income.

In my life or most people, traveling and making money sounds impressive and fun! I do not want to get trapped working for a company without exploring the globe. This is the point I am considering trading. To me, it is the battle of the sharpest mind, getting money out of other’s pocket. Haha! Sounds evil. It is true as it is a zero-sum game.

However, trading is much focus on the accuracy and still an active income. To truly start receiving passive income, INVESTING is the key. I am quite a newbie and started this website to coach more people what I had learnt.

I heard Investing is only for the rich! I do not have any money!
Yes! Indeed, that is true! Investing means for the wealthy. This is where I would consider learning trading as a side income. Trading often utilize margin which can be a double edge sword. It could exponentially increase the accumulation of capital. I learnt from a Forex school which was reported on news that he trade from a few hundred dollars to over ten-thousand dollars. Impressive! That’s all in a year! Why not! As you could see that it can quickly increase your wealth, it could also take away wealth.
My plan:
Active income working + Active income Trading = Capital accumulation.
Capital – Investing!

Or an alternative would be reducing cost! This might be tough on some of us including myself. I like to focus earning rather than savings. It was tough because it seems like I am getting insufficient nutrients daily. It is called the FIRE movement which focuses on early retirement. Imagine surviving on beans and rice daily. I can but I would like to focus increasing my mass size to become a professional athletes. I work hard and enjoy just as much!

2 methods – reduce cost and increase income. Choose both or one wisely. It does help!

I explain the concept of time value in money next round!

Updated 10 Jan 2020