Home > Passive Income Reports > 2016 November Passive Income Report

2016 November Passive Income Report

Every month I try my best to compile all the income and expenses that I occur in my pursuit of building and living the passive income lifestyle and please understand that I didn’t get to where I am overnight or through miracles – it is an ongoing progress, and has been a long road filled with lots of hustle and my fair share of mistakes. And yet, through persistence and passion and continuous focus for progress, I’m slowly and surely building something amazing for myself, my family, for you to learn here in NigelChua.com

PASSIVE INCOME INTERNET BUSINESSES (PIIB): USD 93.82

Income

Xtend Life Natural Health Supplements USD$ 11.33

  • 30th November 2016: $11.33

SellHealth USD17.99

  • 2nd November 2016: $17.99

Amazon USD $7.98

  • 13th October $7.98

Wealthy Affiliate USD 8

  • 18th November 2016 $8

Aquasana USD 25

  • 4th November 2016: $25

Expenses

Site Build It! (SBI) USD 0 (read my SBI review here)

Wealthy Affiliates USD 29.90

A few things here for this month:

  • I added Aquasana affiliate links to a new affiliate website a few weeks and months back, and a sale trickled in
  • You’d realize that my cost for Wealthy Affiliates went down from $29.90 per month to $24.90 per month, and this is because I’ve signed a Black Friday deal with them that decreased my yearly cost from $359 per year ($29.91 per month) to $299 per year ($24.90 per month)

I’m gradually cutting out Site Build It-powered sites for my affiliate sites, and I conclude that Site Build It is super for professional service sites which have done very well for my physiotherapy business. I will maintain my SBI-powered therapy sites, but future affiliate sites will all be powered by Wealthy Affiliates/WordPress.

PASSIVE INCOME INVESTING (PII): SGD 618.83

  • SoilBuildBiz REIT SGD 83.94
  • Mapletree GCC TR SGD 9.04
  • Mapletree GCC TR SGD 23.45
  • Starhill Global REIT SGD 22.40
  • Starhill Global REIT SGD 16.00
  • Starhill Global REIT SGD 169.60
  • Lippo Malls TR SGD 52.00
  • Lippo Malls TR SGD 120.00
  • OUE HTrust SGD 123.00

It’s a nice month of dividends, and always look forward to receiving dividends from the dividend stocks that I’ve been investing over time with. This is the most passive form of investing in a sense that once you’ve researched which dividend stocks are stable and reliable, invest in them consistently and reap the dividends over time (here in Singapore, it’s linked to my personal bank account so the dividends are wired directly into my bank account).

CONCLUSION

This month both my internet business and dividends have a payout - it's always nice when I make money especially when I serve others well and have selected a good dividend company to invest in.

Where to next?

Head to Home Page

Start with these:

  1. Start Here
  2. FIRE Manifesto
  3. FIRE 101 and
  4. The Passive Income Lifestyle Framework.

They are my recommended to start with articles that ties in the entire framework, philosophy and working model of FIRE Lifestyle

Save-Earn-Invest More Articles

  1. Ruthlessly Cull Unnecessary Expenses
  2. Respect The $10s
  3. Small Tweaks To More $10s
  4. $150K+ By 35 - Reality Or Delusion?
  5. Start An Online Side Hustle With Solo Build It
  6. Start Investing For Passive Dividend Income In Just 3 Days
  7. How To Retire With $3 Million
  8. Invest To Spend On Luxury & Liabilities (Whatever You Want*)
  9. Shocking Maths Of Early Retirement (It's Less Than You Think)

See more Save, Earn & Invest More articles here.

Others

  1. Contact me by email at (even just to say hi) at nigel@nigelchua.com
  2. See the latest articles and updates at the blog
  3. Check out my resource page to see the tools I use
  4. See my top two resources for online business below: Wealthy Affiliate (left) and Solo Build It (right) - both have very specific strengths and functions

Wealthy affiliate: #1 to learn how to build profitable wordpress online businesses

Wealthy Affiliate is my recommended for WordPress online businesses.

I've been a premium member of Wealthy Affiliate since 2015 and there are a number of pros to be with them, which you can read at my Wealthy Affiliate review here.

One of my favorite points of WA is that they have a try-before-you-buy forever-free membership which you can sign up here for free. No credit card needed.

solo build it (sbi): #1 for offline businesses local search engine ranking, traffic and lead generation

Solo Build It (SBI) is my #1 tool for local search engine optimization (SEO) domination as well for online marketing which I've been using since 2010 personally for multiple projects.

Read why I chose Solo Build It...

...and more importantly, why I still stay with Solo Build It (SBI) till today and use them exclusively for all my SEO, traffic and e-lead generation.


Back To Top