How To Achieve Passive Income Through Unit Trust?

Greetings and welcome back!

How many of you would like to not have to work now (unless you choose to!) and money is coming in every month and forever?
I can imagine some of you are nodding your head and say, 'Yes me!' (I'm smiling)

This week my topic is:

How To Achieve Passive Income Through Unit Trust?

Basically, there are two ways of building passive income through unit trust:
1. Investing in a unit trust fund, or
2. Building a unit trust business as a Unit Trust Consultant.


What is Passive Income?

Passive income is money you received from an investment or business without you having to be physically managing it. That is, you have a Golden Goose (eg. investments or businesses) that lays golden eggs (passive income)! Isn't it wonderful? Imagine this, if you have 10 Golden Geese and each of them is laying 100 golden eggs a month! You will received a 1,000 golden eggs a month. Try replace these golden eggs with monetery value. What a way to enjoy a great retirement life. No work, but money is coming in!

Someone said this, 'But money is not everything! I don't need so much money during retirement.'
May I ask, 'When do you spend most money, during your weekdays or weekends?'
Yes. We spend most of our money during weekends. So friends, when we retire, everyday is going to be a weekend!


Can a unit trust fund be my Golden Goose and can it lay golden eggs?

Yes. Just start investing into a unit trust fund and accumulate as many units as you can. At each financial year end of the fund, a distribution (dividend) is paid to you. How much you may ask? The distribution is calculated base on the number of units you have in your fund. Example, if you have 1,000,000 units and let's assume the distribution paid is 5sen per unit. You will received a distribution income of RM50,000. That RM50,000 is your golden eggs.


Is it a good time to invest unit trust with so much uncertainty in the economy?

Well unit trust is a mid to long term vehicle (at least 3 to 5 years). So if you want fast money, definitely unit trust is not for you.
If you are accumulating for your retirement, probably more than 10 years from now, you should not be too concern about the current economic crisis. You should look at this as an opportunity instead. Especially right now, you get to buy units at a discount of 20-30%. Cheap sale! Because during cheap sale, you get to buy more units and the more units you have the fatter is your golden goose.

So start accumulating as many units as possible if you wish to retire comfortably.

It is in doing, that we achieve our goals. So quickly get into action and I hope that your golden goose will grow so fat that you have more than enough.

That's all for this week. I'll continue the second part next week.



This Week Encouragement


Balance Your Gifts With Character

For people who hate discipline and only get more stubborn,
there'll come a day when life tumbles in and they break,
but by then it'll be too late to help them. Proverbs 29:1




Hey, I have enjoyed blogging with you. Till we meet next week.

May your week fills with joy and opportunities.

Deenia