Iherb Affiliate Program

Iherb: A Company That I LOVE I think that affiliate marketing can be a very valuable way to build passive income and it’s an area I’d like to explore more, with more affiliates and more niche websites.  However, I would NEVER recommend something that I don’t personally know and love because it’s just not my style. Iherb is one of those things that I just sort of fell into without even really knowing it had…

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Investing in Pharmaceuticals: What’s in My Portfolio

Pharmaceutical Stocks: I Love You! I love investing in pharmaceuticals for various reasons, but essentially in the research I’ve done, it almost seems like a can’t lose thing. The US government basically props us these industries and does a lot of their research for them (or at least funds it) and then allows the company to patent the final product, charge ridiculous amounts of money for it and then guarantees that no other company can…

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Investing in Oil and Gas Stocks

Why I Love Investing in Oil and Gas Stocks A significant portion (~20%) of my portfolio can be found within this category.  While it is a big portion to have invested in one industry, I’ve done it for the following reasons: 1. Oil/Gas companies have a proven history of paying increasing dividends 2. They are some of the biggest/most profitable companies in the world 3. They are not going out of business in my lifetime…

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My Basic investing Strategy

This is a topic that I could write 100’s of posts on, and I probably will over the next year or two, but for now, I’ll just give a quick overview of my basic investing strategy. Dividend Paying Stocks Essentially, I invest in Dividend Paying Stocks.  Dividends are a portion of the company’s profits that are paid out to shareholders, usually on a quarterly basis.  There are plenty of things to consider when choosing which…

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Passive Income Report: February 2014

This past month was not an amazing one in terms of passive income.  I earned a total of $210.32 (US), but in the Feb. 2013 it was 288.47.  However, progress is happening: Feb. 2012=167.08 and Feb. 2011=74.79. February is traditionally not a big month in terms of dividend payouts, and my Squidoo payment was also relatively low.  Squidoo pays out 2-3 months later, and in December I was extremely busy with my day-job so spent…

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Frugal Living and Passive Income

Frugal Living and Passive Income: Are they Related? On the surface, frugal living perhaps seems it doesn’t really relate that closely to building passive income streams, but in actuality, frugality is very necessary until you reach a certain level of passive income, at which point it doesn’t really matter how much money you spend, or don’t (to some degree….there are limits of course!). If you have $5000 a month coming in, with little to no…

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How to Make Money on Squidoo

This is the second entry in a 3 part series.  Check out post #1: Squidoo-a General Overview.  While Squidoo is some ways could be classified as a “Passive Income Stream,” if you want to make serious money on it, you’ll need to be constantly updating your old lenses and making new ones because if you neglect if for a while, you may get the odd sale from Amazon or fall into some of the lower…

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Squidoo: a General Overview

One of my readers left me a comment asking about making money on Squidoo, so I’ll do a few posts about it.  This one will be the general overview, and in the next few weeks I’ll do posts on: the pro/cons, and how to make money. Squidoo is basically a site that enables you to build your own webpages really easily through their drag and drop platform.  You can build a site in 15 minutes…

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Spend Less Than you Earn

Anyone can do it! No matter your income level, spending less than you earn is by far the most important thing. We’ve all heard those stories about people earning millions of dollars a year going bankrupt. Conversely, we all know about the guy next door working at some average job who ended up dying with millions in the bank. The difference is that one guy spent more than he earned while the other one didn’t.…

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My Current Passive Income Streams (and my day-job)

I’ve been on this journey towards financial freedom through passive income for a few years now and have developed a few different passive income revenue streams.  While I’d like to get a few more up and running in the next few years (diversification in this area is golden!), the ones I’m currently doing are plugging along and expanding, without a significant amount of effort on my part.  I’ll outline them here and in the coming…

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My story….the short-version

I’m a 34 year old Canadian, living the expat life in South Korea for the past 10 years working as a lecturer at Korean Universities.  During that time, I’ve been steadily building my passive income streams and learning more and more about things like social media, dividend stock investing, website design and marketing and a whole host of other things.  I currently average around $500/month in passive income and I’m hoping to eventually make a…

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