He is nearly 30

>yfw older than 25

Attached: 1538196378145.jpg (867x881, 262K)

Passive income comes from the rental income I get plus the mutual funds that I invested in, the capital I used for the mutual funds come from my own hard-earned salary these past 5 years.

I acquired my property first with my parents helping me with the down-payment. My mortgage is paid by my tenant and thankfully I have profit after all costs are paid, so I know for sure that I have an asset.

About 90% of my net worth comes from that property. I plan on selling it in 2 years time, then using all that capital to reinvest into an income generating portfolio-- that will make me roughly $10,000 per month income.

Still not happy though, since I have no life and have no friends.

Attached: 1544155127132.png (960x922, 418K)

do your mutual funds track the market or specific sectors?

you remind me of a friend of mine who is quickly becoming not my friend because he thinks spending money like this and showing it off is cool. he’s not actually successful like some of us in our group but he’s a middle manager with nothing else to blow money on and has become an insufferable prick like you must be.

this is a very sad thread, even sadder than the kid starving in his family home. i feel sorry for you and i know your type is too self involved to see it.

My mutual funds track the S&P 500, with 10% return and a 1.5% fee, however I suspect the monthly distribution is often derived from capital.

10% return on tracking the S&P? Which fund is this?
you worried at all about the "overdue" recession?

There is no market efficiency to be had in the short term as big data makes fundamental research absolete, and long term arbitrage can’t be had in a HF format, it can exist in PE due to the long term holding period.

I own Berkshire and some tech, Buffett is the best non tech manager investing in things hard to disrupt, then the tech firms are doing the disrupting. No need to own the stuff in the middle

Threads like this always come from a place of insecurity. What part of your life is making you so unhappy?

this is not good sushi man, wherever you are is like a shitty restaurant disguised as good.

I bought Allianz Income and Growth fund, I also have JP Morgan China Income. So, all together along with my rental income, the yield is around 10%.