Why I love Dividend Paying Stocks

These days, my main category of passive income by far is Dividend Paying Stocks, with this stock portfolio, although I hope to eventually start earning similar amounts or more on my Internet ventures and eventually transition into a kind of digital nomad lifestyle. However, I still love the Dividend Stocks for the following reasons: Dividends: the Ultimate in Passive Income Of course, you need to do your research (and then research some more!) and stay up…

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Friends on a Budget: is it Possible?

Building Passive Income: 2 Main Factors 1. Living frugally so that you have more money to invest in things like dividend paying stocks. 2. Putting the time in to develop the passive income streams through building websites, books, Iherb, Amazon, etc. Going Out in South Korea Usually Involves Drinking Living in South Korea as an expat (I’m originally from Canada), one of the things that frustrates me is that “going out” usually involves hitting up…

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OT at the day-job vs. Passive Income Building

One of the big debates that I have in my head all the time is whether to work more at my day-job, or whether to spend more time building up my passive income streams  through things like building niche websites, self-publishing books and HubPages. My job at a Korean university is kind of ideal actually because according to my contract, I only have 9 teaching hours, although I usually get forced to do 11 or…

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Passive Income Report: March 2014

For my February report, please see this post. But, onwards to March.  You can see all the details here, but the total minus interest paid to my broker was $466.44 US.  The large majority of it was in Dividends, and a big portion of that was NPK (National Presto Industries), which paid a special dividend of over $100. Compared to previous years: March 2013: 251.97 March 2012: 455.72 March 2011: 156.86 March 2010: 7.02 Similar…

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Squidoo Niche Feature: Scuba Diving

I’ve talked about in previous posts (Easter Niche, ESL Niche) about how niches are really a fabulous way to make decent money on Squidoo, since Google and Squidoo itself love pages that are linked together and similar, but not exactly the same. Of course, duplicate content is a sure way to lose page-rank and should be avoided at all costs. One of my other very successful niches is Scuba Diving.  I’m actually a scuba diving…

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Frugal Living: Clothes

Clothes are definitely one of those things that you can spend hundreds of dollars every month on, or almost nothing. I definitely fall into the latter category, as my students and good friends I’m sure could tell you. I rotate among the same 3 sweaters, 4 pairs of dress pants, 8 or so shirts, and 2 pairs of shoes at work. And for casual wear, it’s much the same, but even less. Maybe 2 pairs…

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SEO: Search Engine Optimization

I was just listening to the Empire Flippers Podcast, episode #87 where they are talking with Dave Hermansen about building Niche Websites and the importance of understanding SEO. This is a topic that I truly know very little about, but which I know is of extreme importance if I want to eventually make my living online. Along with becoming proficient at WordPress and learning a programming language or two, this is my big goal for…

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The Power of Positive Thinking

The other day in my book club, someone mentioned the book, “The Secret.” While I haven’t read it, the basic idea seems to be about the power of positive thinking. The impression they gave was that that book took it way too far and just repeated the same couple ideas over and over again, but it got me thinking about the role of positive thinking in my own life. Generally, I think I’m a positive…

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Frugal Living: House Size

I know a big part of frugal living is most definitely not having too large of a house.  It costs more to maintain/heat/cool/light/clean and it’s really quite easy to just fill your space with more stuff.  Here in Korea, space is at a premium because there are so many people crammed into a country with 70% mountains and the average house sizes are far, far smaller than what you’d see in Canada or the USA.…

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Squidoo Niche Feature: Teaching ESL

I talked previously about how to make money on Squidoo and then more specifically about building holiday niches on Squidoo. Today, it’s all about Teaching ESL/EFL (English as a second or foreign language).  I’ve been an English teacher in Korea for about the past 10 years, so it was a really easy topic for me to talk knowledgeably about without having to do significant amounts of research, which of course saves lots of time.  Trying…

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What’s in my portfolio: Tech

I’ve talked previously about my pharmaceutical holdings as well as the oil & gas companies that I hold.  You can also check out my complete portfolio, but today I’m going to talk tech. AAPL (Apple): 5% of my portfolio.  Check out the Dividend Monk’s AAPL report. INTC (Intel): 2.5% of my portfolio.  Check out the Dividend Monk’s INTC report. Tech companies are generally thought to be the high-flyers, which means that they often warrant a…

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Why I’m using WordPress for this blog (and not Blogger)

wordpress

I’ve been a faithful Blogger user for years and have had this very popular blog on that platform since 2008. My Life: Teaching in a Korean University. So, it goes without saying that I definitely know the ins and outs of blogger and that I generally like it.  It’s extremely easy to add Amazon and other affiliate links (with the widgets: add HTML option), and of course, they support Google Adsense (Blogger is owned by…

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Getting Ahead at the Day Job

I know there is much debate in the building passive income  and extreme early retirement circles about whether to focus effort on the “side-hustle,” whether that be investing, or starting online businesses or turning a hobby into a money-maker or whether to focus on the day-job and get on the promotion/pay raise ladder.  For the past 7 years or so, I’ve been focusing on the latter and using that money to invest in dividend paying…

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Squidoo Niche Feature: Easter

One of the best ways to make money on Squidoo is to build a niche. A niche is essentially a group of sites (lenses on Squidoo) that are closely related, but not exactly identical. It’s even better if you can find a topic that does not have a lot of other lenses or sites out there on the web or Squidoo about that. You can use Google’s Keyword Planner to help you with this. Once…

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Frugal Living: the dreaded “B” word

I’ve talked about in previous posts about the relationship between frugal living and passive income, cooking at home to save money and frugal hobbies.  But, today is the dreaded “B” word which=budget.  While I love the idea of a budget, as a general theory and believe it can be very important when trying to live a frugal lifestyle (as does Dave Ramsey), I don’t do it.  This probably seems quite strange for those who know…

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Borrowing to invest

Basically all online stock brokers offer what they call “Margin” which means that you can borrow money from them to buy more stocks or ETFs or whatever you want.  Of course this isn’t free!  Brokers charge interest ranging from extremely low (ie: Interactive Brokers) to extremely high (will remain nameless). The reasons to not do this include “margin calls,” which is when you borrow too much money relative to the amount of actual money that…

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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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Frugal Living: Cooking at Home

Rice and Beans, Beans and Rice As Dave Ramsey says, when you’re trying to get out of debt the only time you should see the inside of a restaurant is when you’re working there. And that those who are in debt should be eating rice and beans, beans and rice. Although I’m not in debt, I love cooking at home for the following reasons: Cooking at Home is Healthy! I love the fruits and vegetables.…

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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 Hobbies: My Favorites

  Frugal Hobbies: Freedom Through Passive Income Style I talked on a previous post about how frugal living and building passive income streams are closely related to each other.  While there are plenty of ways to live frugally, especially with regard to transportation, housing and food (which I will talk about on later posts), hobbies are one of those things that you can either spend almost nothing or an enormous amount.  While I understand the…

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