Saturday 25 October 2014

Conversion of Cashflow from Asset to Asset

I have just received one semi-annual payment from my Hotel room in Quality Hotel Birmingham. It amount to GBP 1800 = $22157 HKD (after T/T fees). I have used this money to purchase 1000 shares of 2800 (HSI Index fund) at a price of $24.2 per share. I also need an extra $2000 to top up the investment. With this 2800 share, it is going to give me 3% annual cashflow + 10% average annual capital gain. So in conclusion I am using this Cashflow from my Hotel room asset to purchase another asset which will give me an Annual return of 13% plus. That's the rich way to Wealth.

Article by Macao Millionaire doctor.

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