Trading vs. Investing

I’m an investor, which means that I invest my money in the stock market for the long-haul and don’t really care about the short-term fluctuations in the market. I lose no sleep if there is a crash and actually feel quite happy because I can pick up stocks that I want cheaply. Trading, on the other hand is for the purpose of making money off the fluctuations in the market. You can make money when the…

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What’s in my Portfolio: Consumer Staples

I have a few things in my portfolio that are kind of hard to classify, so I’ve just included them under the category, “Consumer Staples.” They are things that consumers buy, usually habitually and over long periods of time. 1. Kimberly Clark (KMB): 4.8% of my portfolio. Everyone uses things from this company: tissues/feminine products/baby stuff, etc, which is basically the reason that I bought it. This company is one of the most “recession-proof” companies…

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Frugal Living: lifestyle creep

I’ve lived in South Korea, working as an English teacher for almost 10 years. For the first 7 years or so, I lived extremely frugally. Like, I always rode public transport and tried to avoid taxis, didn’t have a smart-phone, stayed in the school provided housing and had no pets. And like I would really consider it seriously any time that I spent more than about $5. My weakness was travel, but I almost always…

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What’s in my Portfolio: Financial Stocks

Financial companies get a bad rap- often for good reason The whole financial sector gets a bit of a bad rap from the press, investors as well as the general public and for good reason: ridiculous compensation packages/poor financial management/extreme risk-taking/government bailouts.  However, it’s too big of a sector to overlook and the key is looking for the less-risky companies that have a proven record of good management. Here are the financial stocks in my…

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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: 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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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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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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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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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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