Making Money Work Harder For Me

Started Trading because of friends. We were discussing on ways to generate passive income rather than spending hours working. One of my friend say we just need a certain amount of savings in bank to act as emergency fund. If the amount of "excess" money we keep in bank, the interest rate we gaining is only around 0.06% PA. That's where investment and buying stocks came in. Some stocks even comes with bonus like dividends. No doubt stock price might fall. But as long as we don't sell, there's still chance for the stock to rebound back to positive value. Patience is virtue. Some stock takes time to grow.