November 2014 Passive Income Report

November 2014 Passive Income came in at $288.14. For the breakdown and comparison to the previous few months, check out: Passive Income Report The bulk of my income came from dividend paying stocks and Hubpages (formerly Squidoo), as usual but a nice addition was $42.68 in sales from my my new Ebook, How to Get a University Job in South Korea: The English Teaching Job of Your Dreams. Compared to previous years: Nov. 2013: 268.98…

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Ebook into Physical Book: easier than you might think

I originally had the idea to make exclusively an Ebook(How to Get a University Job in South Korea), but that was before I realized how easy it is on Amazon to make your Ebook into a physical book. It takes a couple hours, at most to get everything set up and the price I will earn on commission is about the same as the Ebook, so it seemed like there was really nothing to lose.…

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Passive Income Report October 2014

October 2014 wasn’t a great month for me in terms of passive income with a total of $253.44. Check out my October 2014 passive income report. Iherb and Amazon were pretty disappointing partly due to Iherb not offering any free shipping to South Korea and traditionally dividends are not plentiful in November. Compared to previous Years: 2013: $268 2012: $296 2011: $352 2010: $28 Onwards and upwards! My Ebook should be coming out in the…

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It’s always time to buy stocks

If you’ve been following this blog, you know that I’ve been wavering in indecision about what to do with my excess cash. Sitting on it earning 1% interest is a terrible option because I’m actually losing money due to inflation and I can earn more than that on basically all of the stocks that I own because of the dividend, no matter what the actual stock price is. And you’d also know that I eventually…

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Writing an Ebook: Formatting

When I first started the process of writing an Ebook, the thing that I was most nervous about was formatting it for upload to Amazon. They are very specific about their settings and what you need to do so that it will look professional. I was listening to a Podcast and they mentioned this company, 52 Novels, who you can send your file to and they do all the formatting. It seemed like a good…

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Moving from Squidoo to Hubpages

A couple of months ago, I got an email from Squidoo saying that they had merged with Hubpages and that Squidoo would be closing down and all the content would be going over to Hubpages. I was initially quite annoyed, but of course that’s the risk when you use a platform that isn’t your own to build websites. I’ve been so busy at the day-job since that announcement that I didn’t really have much time…

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Writing Kindle Books…a thought

While I was out hiking today, I was listening to the Smart Passive Income Podcast by Pat Flynn, episode #124, where he interviews Steve Scott, who is making a lot of money by writing Ebooks. It kind of inspired me and got me thinking about what is a topic that people want to know a lot about, but that there just isn’t much information, but which I’m an expert. I have an idea that I…

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English Teaching and Passive Income Building

I was just talking to a coworker of mine this morning about how he views the job that we do as more of a part-time thing and that he has other stuff going, as I do with this blog and other online ventures. And I guess that that’s the best part about the English teaching overseas gig – most jobs are not really “full-time,” as in 40 or 50 hours a week, but are generally…

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August 2014 Passive Income Report

August 2014 was a pretty slow month in terms of passive income, totaling $216.46. But, I added up the total, year to date and it’s around $2500. Not bad for the very little amount of time and energy I put into it. You can see my passive income report here. Something I am happy about is Iherb, which I am getting an increasing amount of money from each month. Something that seems to be working…

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It’s not all about the money

I think a misconception that “poor” people have about “rich” or “well-off” people is that it’s all about the money and rich people are constantly checking their bank accounts or obsessing about how to get more money continuously. I’m certainly not rich, but I do have enough money to live a comfortable life and for me, it’s not all about the money. I only check my stock brokerage account around once a month, and when…

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July 2014 Passive Income Report

This month wasn’t great in terms of passive income, coming in with a total of $219.09, but I didn’t exactly put a lot of effort into maintaining my current sites or building new ones due to how busy I was at the day job, which is always a frustration. Plus, I was on vacation in Malaysia for a large part of it. Check out the specifics of my July 2014 Passive Income Report here. Comparing…

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Staying cool, minus the air-con

My goal is to “retire” early in a few years and just work part-time or do online stuff a few hours a week. To reach this goal, I do three things: 1. Invest my money in dividend paying stocks. 2. Build Passive Income Streams, like Squidoo. 3. Live frugally, so that I have more money to do #1. Part of living frugally in Korea in the summertime is living without an air-con in my apartment,…

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June 2014 Passive Income Report

June 2014 was by far my best month since starting this blog in November 2013: $604.57. Check out the report here, but you can see that Squidoo and dividend payments were both really high, and Amazon and Iherb were around average. Dividends fluctuate throughout the year, depending on various factors and it’s really something I have no control over. But, Squidoo did very well for me and the best part about it was that I…

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The Rule of 72

A simple way to estimate the time it will take for a sum of money to double is to use the rule of 72. Basically, you divide 72 by the interest rate, per year and the result is the number of years it will take for your money to double. For example: $10 000 invested at a 3% interest rate will take 24 years to become $20 000. Invested at 8%, it will take 9…

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How often I look at my portfolio

I’m a long-term investor, which means that I’m more worried about what my dividend stock portfolio is going to look like in 10 or 20 or 30 years from now than I am about it in this current year. I know that there are lots of people who look at the market news and their brokerage account every single day and are paying attention to even little fluctuations in value. I would consider many of…

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Energy Vampires

One of my friends talks about energy vampires a lot. By energy vampires, she means the people that will suck you dry until you have nothing. People can suck you dry in various ways, but some of the ways that particularly annoy me are the people who: 1. Constantly say sorry. Like basically apologizing for existing. This leaves the other person (me!) having to reassure them that all is indeed good and that they’re “okay.”…

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Payout Ratio

One of my favorite metrics that I use when determining which dividend paying stocks to buy is the payout ratio, which according to Investopedia is: “The proportion of earnings paid out as dividends to shareholders, typically expressed as a percentage.” It’s maybe helpful to think of it as similar to finances on a personal level. You have some money coming in each month and you can either spend or save it. Maybe you spend 50%…

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May 2014 Passive Income Report

This month, I earned $310.41 in passive income. Everything was pretty normal except for my Iherb earnings, which increased significantly to $24.99, mostly due to their free shipping special for most of May. Anytime I can earn over $300 for very little effort on my part is good news! Here’s how May 2014 compared to previous years. May 2013: $386.06 May 2012: $380.02 May 2011: $243.11 May 2010: $49.22

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Busy at the day job

These days, final exams are looming and I have a lot of grading and other stuff to do at the day job, so I’ve been neglecting my blogs and Squidoo and the social media that is so important to making it online. It’s frustrating. Enough so that I’m seriously considering limiting the amount of overtime that I do each week. My day job consists of 9 teaching hours, which requires an average of around 5-10…

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Is building passive income streams worth your time?

Whenever I tell friends about this blog, a question they often have is, “Is the time you spent worth it?” This is kind of a hard question to answer. Truthfully, I’ve never kept track of the number of hours. But, for example on Squidoo, I’ve earned about $5000 in 3 years and I expect to earn at least that much in the future. I spent maybe 500 hours setting all those pages up. So, at…

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A Podcast I Love: Smart Passive Income-Pat Flynn

One of the podcasts that I listen to for inspiration and practical tips related to passive income is, “The Smart Passive Income” podcast by Pat Flynn. Pat is an upbeat kind of guy and extremely savvy about the Internet business world. I’ve already learned a lot from him including the importance of podcasting (I’d like to start my own!), and why you can’t do everything by yourself (I’d like eventually get big enough to hire…

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The Suitcase Entrepreneur

Lately I’ve been listening to the podcast, “The Suitcase Entrepreneur” and I’d highly recommend it.  It features Natalie Sisson, who is doing well along the path of building passive income streams and being an online entrepreneur who travels the world, having lots of interesting adventures. Her podcasts are generally short and concise, but contain lots of interesting information and so far, I haven’t encountered any episodes that I’ve stopped 1/2 way through (a rarity for…

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Passive Income Report: April 2014

My passive income for the month of April 2014 was $274.64. You can see the breakdown of that in this Passive Income Report, as well as compared to previous months. Here is the data from previous Aprils: April 2010: 5.29 April 2011: 214.34 April 2012: 328.1 April 2013: 251.97 Overall, this month was a bit lower than other years due to decreased dividends. This year, March was a huge month for dividends, so it was…

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