The author of this article: Huang Shihao, General Manager of Taiwan, VI College Value Investment Institute Buying a house is a lifelong dream for many people. The motivation for many office workers to start investing is also to hope that by deducting monthly expenses and maximizing the remaining savings as much as possible, they can buy their first house faster. However, seeing the soaring housing prices and media reports that engineers and doctors with an annual salary of millions are unable to buy property in Taipei, many people feel panic and even give up the idea of buying a house.
Ah Qian, a 32-year-old flywheel coach, works hard to make money. He is busy with work and hopes to buy a house of 10 to 20 million so that he can live in banner design peace. In order to achieve his goals, he worked very hard to cultivate his skills. In addition to being a flywheel and muscle strength coach, he also usually provides fascia massage services for students. Because of the good reputation of the service, groups and individuals currently have 100 hours of courses per month. Even if the epidemic was unstable some time ago, only 10% of the coach's income was lost, and the monthly income was about 60,000 to 100,000. For future goals, A-Qian hopes to increase passive income and change the current situation of relying on time and physical strength to exchange money.
He also hopes to buy two 20 million houses, one for self-occupation and one for renting out to earn passive income. In terms of asset allocation, because of his dream of buying a house, A-Qian kept 1.1 million cash in cash, and also had a US dollar insurance policy of NT$560,000, and invested 580,000 in US stocks to make a good profit. Is buying a house an impossible task for Ah Qian, whose average monthly income is 80,000? In my opinion, Ah Qian should throw away the idea first: don't invest in order to make a down payment. First article of May.