New Section on Passive Income for Life

New Section on Passive Income for Life – Property

By Paul on April 19th, 2009

: Image via Wikipedia

For the past several months, the themes of this blog has been centred on 3 areas at various lengths.

Equities
Online Income
Insurance

Today, I am going to add in one more area for which I am going into in terms of studying and learning the “tips of the trade”.

This is in line with my future goals of settling down. Having a property is something nearly everyone would have to understand and go through. And since property is usually an appreciating asset, it also qualifies as an investment vehicle and a great candidate for achieving passive income.

I believe this is a good time to look into propert as well due to the downturn.

My property investment philosophy is to firstly to have one to stay in before using it as an investment. The first property I would have would likely be a HDB flat due to reasons of affordability, especially now! And the buying a resale flat is more open to me due to factors like distance from parents, immediate availability and transport.

I will definitely write more soon.

Wish me luck!

Passive Income for Life