CashFlow Investing is based on the Concept by Mr Robert Kiyosaki, where the Strategies/Mindset of Investing formulated Primarily for Cashflow collection, Secondarily for Capital Gains.
I see it as a business model similar to "Insurance", "Vehicle Rental", "Property Rental". Where you manage/own assets which generates Cashflow Income on a consistent, shorter term, manageable, predictable & acceptable basis.
It is not a Get-Rich Quick, One-Time jackpot kind of strategies where you can retire quickly, but a consistent system which I use personally which will & can replace your working Income over time, leading to Retirement.
Caution - Formulated Systematically to lead to Retirement in 8 years.
Friday, October 23, 2015
38th TRADE (23/10/2015)
I've taken another loan to fund my account, but this time round I'll be paying of the loan systematically using the Cashflow generated, thus no money from my own pocket. I understand that under Traditioal Accounting, any amount I made is mine, any amount I pay off is also from my pocket. But my own view, as long as I didn't pay a single cent from my own pocket from beginning to end, its not from my pocket.
Total Loan: S$18,451.16 taken, funded into account : USD $10,500.00 (Click for details)
New Trade order executed, Collected nett Cashflow of USD $1,756.24 , expires on 21st Nov 2015.
Using the extra Cashflow collected, I've placed an order to buy in NBG shares directly, 1500 shares (15lots), spent nett USD $1,354.50
*Refer to disclaimer