I'm a small investor that mainly involves in stock market in Malaysia. My philosophy of investing is simple, good value and high dividend yield stocks. Hence, my total passive income in year 2017 in stock market is Rm 919.93!
If I were divided into monthly, it would be 76.66, in Malaysia Ringgit.
What if I divided further more into daily passive income? It comes to Rm 2.55.
If I go further, my hourly passive income is only Rm 0.106!
What? Only Rm 0.106 per hour?
Wait? Before I explain, what passive income is?
Passive income means the money comes to you even you are not working at all!
This simply means even I'm on vacations, sleeping, in toilet, watching movies, the money are working for me! You may underestimate the amount I have earned, but never underestimate the power of compound interest!
The reason you underestimate the earning is because I have not mentioned the earning of year before 2017. My 1st time dividend received was only Rm 20.
Second year was Rm76. But the year 2016, it sky rocket to Rm 488! It is nearly 6 times improvement which is excites me a lot.
Hence, 2017 is closed to double my dividend!
The hourly passive income does not look much, but when put into compound interest concept, the money will grow even without your awareness! It is just my 3rd year in investment!
What will happen in next 3 years? Who knows but compound interest will tell you!
Thus, find a stock, write a book, compose a song, shoot a video that you only need to do the hard work for once but generate money for you forever!
I'm truly glad that Steemit allows us to generate income by upvoting. The money we earn is considered passive income as time goes on, followers may get more and more, hence your article may get popular, your value will be increase.
Further more, steam coin is a virtual asset, the value will go up in some time. It simply means your total assets will increase from time to time.
When you have hourly passive income mindset, you will start to fully utilize your own time and effort.
I consider this as a new year present to all of you and wish you a have a great start in year 2017!
Steemian, Happy New Year!
