2015/05/07 GOAL - PASSIVE INCOME OF $10000 HKD

The due date for achieving my 1st Sub goal of $10,000 HKD per month is coming very soon. And I have already make plan to achieve it. Currently my total monthly cashflow is about $7,811 HKD. I have about $216000 AUD dollar as asset. I will arrange a Term deposit with rate of around 2.3% pa for 6 month plus, which will give me $414 Aud dollars per months Equal to $2,277 HKD. It will equal to total Cashflow of $10088 HKD per month. I haven't make the term deposit yet, cause part of the fund is in Term deposit with yield about 1.25% pa with one month. Article by Macao Millionaire doctor

Crazy Hang Seng Index.

The HSI has rose more than 2000 point over last 2 days. It is very unusual and with this opportunity I have unload some of my position including from 2800 HK ETF with a price of 27.75, net profit $6400 HKD. Not a lot but, still it is profit. And on the other hand, I had also purchase a CBBC CALL on 388, which give me a nice 200% return in 2 weeks. In case you don't know, 388 is the stock code for Hong Kong Stock exchange. I brought the CBBC for 0.26 and sold the position for 0.8. Net Profit of around $26500 HKD. Therefore only 1 stock position for me remain, that is my 2823, which I will hang on until it reach my target price of $23.5 dollars. Article by Macao Millionaire Dollars