Tuesday 23 September 2014

My First Million Dollar

My first Million Dollars After I sell the 1 bed room 1 bathroom apartment, I should achieve a profit of more than a Million HKD. This will be my first million dollar profit from investment. Having found the price range for 1 bedroom apartment is selling around 2.3 Million to 2.5 Million in Macau. I have lower my sale price to 2,380,000. I want to get this deal settle ASAP. As I have a feeling the property boom in Macau won't last very long

Friday 19 September 2014

Combo Trend Rider

Combo Trend Rider Lately I have been focusing on perfecting my own trading system which I named Combo Trend Rider. This name come from the fact that I only put on a trade when the short term trend meet with the long term trend. This system has a positive expectancy value with an expected ROI of 10-20 annually if Risk 2% of equity per trade. I am at the final stage of debugging the system.

Sunday 7 September 2014

Macao Apartment for Sale

After some cleaning and minor alteration. My small 1 bed/1 bathroom apartment is ready for sale. I Have listed the property with 3 different agents with a Sale price of $2,580,000 HKD. Now what I can do is to wait for the agents do their job.

Monday 1 September 2014

My latest Plan or System to Wealth

My plan or System to wealth 2014 I have conclude the following means to achieve my goal to financial freedom. It can be divided in two board category Cashflow deal and Capital Gain deal. For Cashflow deal I have UK real estate apartment investment and Australia real estate. For Capital Gain, I have investing in index Exchange trade fund and trading Callable Bull/Bear Contracts in the HK market. I plan to amass enough cash in order to purchase cashflow deal. BTW My tenant in my Macau investment property has just end his tenancy and I am planning to sell the property to realized a profit of $1250000 HKD. This fund should be able to cover my Australia investment.