Salary.sg Forums - View Single Post - Ways to increase income
View Single Post
  #34 (permalink)  
Old 09-09-2016, 05:57 PM
ngchdd ngchdd is offline
Junior Member
 
Join Date: May 2015
Posts: 2
ngchdd is on a distinguished road
Default

Quote:
Originally Posted by poorguy View Post
Hi.

I am starting this thread so that everyone can share how to make e.g. $1000 more per month on top of your current job.

Hope this can provide some useful information, of course the guy who looks out the window everyday might pop by but we can just ignore him.

For me, I am selling put options on some stocks that I do not mind holding.
However, as Apple stock is expensive, I get only about 0.5% return per month on my capital $40,000.

Also, I am also invested in a fund, EXG that pays dividend monthly and the yield is ~7% per year, after US dividend tax.

I did some research on convertible bonds which seem to payout some dividend and provide some upside when stocks go up as can convert to stocks but most are priced above par so haven not shortlisted any so far.

So guys, any good opportunities to share other that COE price going up, look out window, sell HDB flat and retire overseas?

~poorguy
Well I've been asking myself the same question for a long time too. Tried a couple of ways like playing in gigs and all, cos I sing and play the guitar. Always thought that passion could bring you money, especially since it's a sideline, but it wasn't sustainable.

And then I dabbled in some affiliate marketing a couple of months ago, and it seems pretty promising. Looks like I did find something after all.
Reply With Quote