LiverpoolRed
10-24
I would want to have both but job can be uncertain. Therefore, it would be better to have backup plan so as to ensure survival and not be dependent on one source of income. Of course, I need to balance them to not be overwhelmed and to take care of my own health. I have another source of income is to collect rental from property and dividend from unit trusts or shares.
Are You Better Suited for Working on Job or Side Business?
According to the latest statistics from Forbes magazine, American pop superstar Taylor Swift has a net worth of $1.6 billion, surpassing Rihanna to become the world's richest female singer. Most of Swift's wealth comes from music and performance rather than other business investments. In contrast, part of Rihanna's wealth comes from her beauty and fashion ventures. Should you focus on working hard or developing a side business? Besides stock trading, do you have other side businesses?
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Comments

  • moliya
    10-24
    moliya
    buy high dividend stocks, reits... then keep part of dividend to drips,then 5-10 years later you will have dnowballed your dividend income.....
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