My Road Map to Achieve Financial Freedom: 10% + 20 years + 720K = 6k passive Income

Financial freedom means you are no longer work for money. But you still can work for fun, joy, personal interest, pursuing your dream or contributing to social. First and foremost, we must have enough passive income to support our daily life in achieve financial freedom. Personally, I believe that if I have 6k passive income, then it is the time for me to quit my routine job and focus on the life I want for the rest of my life (Except I am quite enjoying my job which gives me some sort of satisfaction from time to time). But the problem is how to generate this 6k passive income.
After having this goal (that is, to generate 6k passive income per month), I have identify two essential tools for me to achieve it. The first is the ability to generate at least 10% return annually; and the second is to accumulate enough capital.

Selamat Hari Raya Aidilfitri & Selamat Hari Merdeka!!

Best wishes,

Xaivier Chia

Stock Investment: The Reason of Panic Sell or Buy and How to Overcome them

The only reason that makes people panic sell or buy is – Greed.

Panic Sell
People who panic sell because they do not want to miss the “chance” to buy-back later with lower price to earn more profit.

Panic Buy
People who panic buy because they do not want to miss the “chance” that the growing market price will keep growing and there always got “other” people who willing to buy from them with higher cost (market price).

VIS: My first 200% Profit Return from Bursa Malaysia 2011 - Experience Sharing

VIS is my first 200% ++ return from Bursa Malaysia 2011. I bought VIS when it was only RM0.12. “Are you crazy?” My brother asked me. “Its market price is only RM0.12. Don’t you fear it will bankrupt suddenly? Besides, its volume is so low, only few shares or even no transaction per day.” However, after my fear made me regret few times previously, I decided that I must believe in my study and analysis.  As a result, I bought VIS when its volume was low and its market price was only RM0.12.

I still remember that when I analysis VIS, I found that VIS was very profitable with profit margin of around 50% and EPS of 1.5sen in consecutive three quarters. What is good deal! I told myself. EPS of 1.5sen per quarter is equivalent to 6sen per year or PE of 0.12/0.06 = TWO!!! What is surprise!! After I bought VIS, it dropped to RM0.11. And then, after few weeks, VIS soared to RM0.15-0.18. I was so happy because it meant I got profit of around 50% if I sold it. But when I recap my analysis again, it was too cheap to sell VIS at RM0.18. So I decided to keep it. And then, its market price dropped back to RM0.13-0.14. At this time, the voices which advise me to sell it surround me every day.