For readers who do not follow my YouTube channel, I produced a new video yesterday.
It was a video about investing for income.
I covered a few things in the video like what to focus on when investing for income?
I also gave a brief explanation on why I sold my investment in SATS and Centurion Corp.
You might want to subscribe to my YouTube channel for free and timely notifications.
This is the link to the said YouTube video, produced and voiced by AK himself.
AK’s YouTube video:
Do you want PASSIVE INCOME?
Another 6 months T-bill auction closed today.
Cut-off yield is 3.73% p.a.
This is much higher than what DBS, OCBC and UOB are offering for their 6 months fixed deposits.
I increased the quantum in my non-competitive bid and I am pleased to get 100% of my application filled.
Getting some income from risk free and volatility free fixed income investments isn’t a bad idea.
This is especially when interest rates have become much more interesting in the last year and a little more.
I am sticking to my plan to stay invested in income producing businesses while also strengthening my income producing T-bill ladder.
This way, I continue to get paid even as I wait for Mr. Market to go into another depression.
AK cannot predict when Mr. Market might go into another depression.
However, AK can certainly prepare for it, and fill up his war chest in the meantime.
If AK can do it, so can you!