MSI Is The Way To Go
A few pals asked me how to survive this crisis. I replied “cut costs and remove all luxuries asap. Save ! save ! Save ! “.
Others asked me, how to live a great life thru this crisis. I replied “MSI”.
Allow me to elaborate.
First, the quality of your question leads to the quality of my answer.
If you like to suffer, then its time to cut costs and save as much money as possible when jobs are disappearing.
However, is this how you like to live your life?
Ask me how to live a great life and never be affected by crisis again, and the reply is “MSI”.
Multiple Streams Of Income.
Today, I am living with multiple streams of income.
Would you like me to reveal my sources of income ?
They are :
– Rental income : from my various properties in Singapore and overseas
– Business income : my wife and I own several businesses.
– Income from public speaking
– Income from teaching
– Income from coaching
– Income from mentoring
– Income from my investments with some public listed companies
– Income from fixed deposits
– Income from my insurance policies
– Income from my CPF
I used to think its impossible many years ago. However, slowly, I build my portfolio over time.
One interesting thing I note … I have Multiple Streams of Income now. And I have lots of free time.
Not long ago, I only have one active income (JOB) and have no time for my family and myself.
How come hah? More streams of income equal more free time?? It almost does not make sense.
Love, Marko
Investor, Practitioner & Full-Time Coach