I just graduated with Diploma at 20 yr old this year. I am working as usual while waiting for NS. What are the ways I can start to build on my passive income short term and long term? - Seedly
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Passive Income

Investments

National Service (NS)

Aaron Niew

Asked on 16 Jun 2020

I just graduated with Diploma at 20 yr old this year. I am working as usual while waiting for NS. What are the ways I can start to build on my passive income short term and long term?

I have already settled 6 mths of emergency funds and insurance etc. I have not received my enlistment letter and would most likely enlist earliest Oct.

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Wilson Nid A Break
Wilson Nid A Break
Level 9. God of Wisdom
Answered on 16 Jun 2020

Go to libbyapp.com and login via your NLB account, and go borrow as many personal finance / value investing books. Borrow books that are written from a practictioner perspective. Can start with beginer friendly:

The Five Rules for Successful Stock Investing by Pat Dorsey

The Ultimate Dividend Playbook: Income, Insight, and Independence for Today's Investor, Josh Peters

If books are not your cup of tea, there are a couple good US financial youtubers to follow

Graham Stephan: https://www.youtube.com/channel/UCV6KDgJskWaEckne5aPA0aQ

PPCIAN: https://www.youtube.com/channel/UCXtrYuGksGkkyls50lPWvYQ

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Frankie Rappaport
Frankie Rappaport

16 Jun 2020

Zlibrary search for ETF and passive investing

Head on to some of the reviews on Seedly on Roboadvisers.

Start investing there, but the highest return on passive income would be your own human capital. You can’t build a strong passive income without strong human capital cashflow.

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Aaron Niew
Aaron Niew

18 Jun 2020

I did stashaway previously but withdrew b4 the crash