2012 Goal Setting

by admin on March 2, 2012

After several months of reading up and researching on my #1 passive income journey (#1 30% annual return?) and following how Pat Flynn (whom really inspired me to start writing this blog) from http://www.smartpassiveincome.com pen down his goals to make him more accountable for it, I decided it is time for me to list down what I wanted to achieve and strive towards it. 😀

#1 30% annual return?

Based on my understanding of this strategy I am looking to use it more to generate monthly cashflow then hoping to build millions out of it due to my risk adverse character. 😀
Therefore I am setting a goal of achieving SGD$1000 per month by the end of this year 2012.

More passive income stream planned……..

I have several plans to add in some other passive income stream which I intend to pursue further by middle of 2012 or when I am slightly comfortable with generating my #1 passive income.
All in all I hope to get at least 3 passive income stream running by end 2012.

Conclusion

Although this is a very short post with not a lot of goals, I believe as I am starting out this journey I should not be trying to achieve too many things which might backfire.
Therefore the objective is to take small steps each time and progressing towards it rather than keep on dreaming of doing a lot of different things.

So do stay tune while I unveiled what other passive income stream I have in line and how I fair in my #1 journey……..
Cheers!

{ 2 comments… read them below or add one }

Dave March 4, 2012 at 1:23 am

Hi Charles, Its great to see another of your posts. Nice goals!!

Going by the strategy used in the Grains-Corn, for a sgd 1000 per month, it will require selling of 3-4 contracts per month which will require sgd 25-30k of cash working hard for ya.

Keep writing!!
All the best :-)

Reply

admin March 11, 2012 at 11:02 am

Thank you Dave for the support, guidance and help 😀
Cheers for you as well 😀

Reply

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