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Passive income ideas?

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  #11 (permalink)  
Old 07-05-2018, 07:45 AM
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Default Benefits of passive income

Having passive income, especially if you have several streams of income source, is like having a team of virtual workers working for you. We have four streams of passive income source - dividends from shares, interest from bonds & FDs, rental income and interests from our CPF OA & SA.

You get to enjoy multiple "pay" days in a month and not just once a month from your job! Minimally, we would get four pay days in our "slowest" month comprising dividends, rental and our own salaries. The busiest pay-days for us are in May and August where companies gave out their final and interim dividends respectively. In those months, we could see money coming in "left, right and centre". Almost every three days we would get dividends credited into our account during those months.

When you reached FI, as we did 3 years ago, you practically save your whole annual salary. You will see your networth grow exponentially!

Spending money (passive income) that you dont have to personally sweat for it is one of the best feelings in the world.

With FI, working becomes optional. You can choose the kind of work you want to spend time on. Or you can continue your current work, as we did, and not stressed about competing for promotion or bonuses. Ironically, as we are now enjoying our work, we are performing better and getting better bonuses.

The list of benefits of passive incomes goes on..

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  #12 (permalink)  
Old 07-05-2018, 11:48 AM
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Quote:
Originally Posted by Unregistered View Post
Having passive income, especially if you have several streams of income source, is like having a team of virtual workers working for you. We have four streams of passive income source - dividends from shares, interest from bonds & FDs, rental income and interests from our CPF OA & SA.

You get to enjoy multiple "pay" days in a month and not just once a month from your job! Minimally, we would get four pay days in our "slowest" month comprising dividends, rental and our own salaries. The busiest pay-days for us are in May and August where companies gave out their final and interim dividends respectively. In those months, we could see money coming in "left, right and centre". Almost every three days we would get dividends credited into our account during those months.

When you reached FI, as we did 3 years ago, you practically save your whole annual salary. You will see your networth grow exponentially!

Spending money (passive income) that you dont have to personally sweat for it is one of the best feelings in the world.

With FI, working becomes optional. You can choose the kind of work you want to spend time on. Or you can continue your current work, as we did, and not stressed about competing for promotion or bonuses. Ironically, as we are now enjoying our work, we are performing better and getting better bonuses.

The list of benefits of passive incomes goes on..
Happy for you. Mind sharing what shares you buy?

Anyway it is great but then again need to have the financial foundation to invest and extra house to rent out to start enjoying all these.

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  #13 (permalink)  
Old 03-08-2018, 09:11 PM
Paul
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Default passive income

you can always leave your funds to proffesionals and observe how you passive income is cumulated. If you need more info visit me here

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  #14 (permalink)  
Old 07-08-2018, 07:49 AM
Ng_mun
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Default Financial Independence

Hi,

Can you show me how to do it or give me some tips on this?

Regards,

ng_mun


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  #15 (permalink)  
Old 06-03-2019, 01:34 PM
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Default Earning extra side bucks or becoming your passive income!

Following is 1 way to earn some extra side bucks or it can become your very own passive income as well.

All you need to do is sign up with the following link, s://.prizerebel.com/SocialShare/7306235/index.html?

And you can then start earning extra bucks or gift cards by completing interesting tasks on the website by yourself, or you can even make this your very own passive income method as well by sending your friends your referral link, and whenever they complete a task on the website, you too will earn a certain percentage as well!
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  #16 (permalink)  
Old 06-03-2019, 01:37 PM
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Default Earning extra side bucks or becoming your passive income!

Following is 1 way to earn some extra side bucks or it can become your very own passive income as well.

All you need to do is sign up with the following link,

s://.prizerebel.com/SocialShare/7306235/index.html?

And you can then start earning extra bucks or gift cards by completing interesting tasks on the website by yourself, or you can even make this your very own passive income method as well by sending your friends your referral link, and whenever they complete a task on the website, you too will earn a certain percentage as well!
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  #17 (permalink)  
Old 06-03-2019, 07:31 PM
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Default

My passive income is 10-15 dollars per month.
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  #18 (permalink)  
Old 06-03-2019, 09:09 PM
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what kind of share can I buy and how long would I get back my capital?
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  #19 (permalink)  
Old 03-04-2019, 11:32 PM
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If you are looking to buy US Stocks / Currencies / Commodities / Cryptos. Try this site, 0% commission trade, and you can buy small-lots etc ($250). Best of all, it's super user friendly.

://partners.etoro.com/A62328_TClick.aspx
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  #20 (permalink)  
Old 03-04-2019, 11:32 PM
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Quote:
Originally Posted by Unregistered View Post
If you are looking to buy US Stocks / Currencies / Commodities / Cryptos. Try this site, 0% commission trade, and you can buy small-lots etc ($250). Best of all, it's super user friendly.

://partners.etoro.com/A62328_TClick.aspx
://partners.etoro.com/A62328_TClick.aspx
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