Undergrad building on his passive income: Page 4 of 4

Undergrad building on his passive income

Q: What is the most extravagant thing you have bought?

When I was 10, I used to collect World Wrestling Entertainment (WWE) trading cards. Each pack of 10 cards cost $150 and I collected hundreds of the trading cards. I kept them for years, thinking that they would appreciate in value but they didn't. I sold some of the cards and most of the remaining ones were eventually damaged by termites and I threw the rest of them away.

Q: What's your retirement plan?

My goal is to work my way towards creating a passive monthly cash flow of about $10,000. With my monthly income to cover my expenses, I hope to be able to retire by the time I'm 35.

Q: Home is now...

A 1,700 sq ft condominium in the Hillview area that I share with my family.

Q: I drive...

The family cars. A silver Toyota Wish and champagne Toyota Altis.

stmoney@sph.com.sg


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