Sigh............. for those who know me, you might be aware I have been home hunting for a long long long ........ time. I can't do much when the housing price in Australia has gone crazy. Some says it will fall, some says it will rise even further due to high demand low supply.
Do I continue, yes. However, I decide to do other things as well.
1. Compound interest - saving account
Look around for savings accounts that offer compound interest daily, ie, the interest is calculated based on the principal and accumulated interest.
Imagine you invest $10000 at 10 percent for 5 years, it will be $10000 * 1.1 * 1.1 * 1.1 *1.1* 1.1 = $16,105
2. Investment - shares
Earn from capital growth and dividends. Of course, only if you get the right shares.
3. Survey
This is pretty slow process, but better than none.
Hooh........ Hopefully I don't have to take up another job.
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