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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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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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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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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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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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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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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