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 -1888
Customized niche WordPress sites x 2 = USD 799 x 2 = USD 1598
Customized article writing USD 278 (8 x 1000 word articles)
Total Expenses USD 1910.90
PASSIVE INCOME INVESTING (PII): SGD 1034.80
OUE Commercial REIT SGD 21.00
OUE Commercial REIT SGD 9.50
OUE Commercial REIT SGD 19.50
OUE H Trust SGD 184.60
Accordia Golf SGD 556.45
Asian Pay TV SGD 243.75
Special Event in June 2016: I sold off all my shares for a nice gain of SGD $25,052.20
The reason why I sold off all my shares was mainly
to realize my paper gains of $25,052.20 (+16.67%)
to stockpile for market correction
to have liquidity on hand
The month of June 2017 is pretty much quiet in the aspects of online
sales, having only 3 sales. That made me have a nett loss of USD 12.00.
There is an additional ongoing cost of Fluttermail, which is my email autoresponder that was the default for Mark Ling's AffiloJetPack (AJP) course that I signed up for.
Since I'm paying for it and using it for my other niches, might as
well use it also for NigelChua.com – since it's already paid for. But
I'm including the expense here so that it'd be clearer to you on how
much I'm spending on both NigelChua.com and XtendHealthAsia.com.
Another reason why I started capturing emails here is because I know
it's a better way for me to keep connecting with my readers who wants to
listen to me (those who don't want to, either will not subscribe or
will not stay subscribed – and that is perfectly fine with me, since I
am looking for good fit anyway.)
I am not exploring solo ads at the moment, because I have budgeted
for 2 entirely outsourced online businesses are are developed from
scratch, and for ongoing monthly articles (see above in expenses). I
will also budget for marketing costs which will include backlink
building as well as online press releases, which I think will cost me
around $120 – $150 per month. Am not sure yet if I should do this every
month, based on both expenditure as well as concern that the sites will
As I shared in the last month's report, predictable cash flow.
Weirdly enough, this season in my life there is a lot of opportunities
and offers coming my way, not those shady ones, but real businesses in
the physical world coming my way. Good in a sense there is more
opportunities, bad in a sense it'd take me away more from my online
I will reinvest my monies into dividend yielding stocks again later,
sometime next year in 2018. I did say that I wanted to hold them for
predictable cashflow, but other than the reasons above, I've another
reason which I can't share now – I will share with you when the time is
join me in success and self mastery. no hype. no bullshit.
Once you hang around here for some time, you'd see that I don't well with hype or bullshit. I can smell that typically a mile a way, and I hate that shit too.
I've been working on myself and on NigelChua.com for years, since 2006, and only in late 2019 I started to focus on intuitive and loving leadership, entreprenership and personal development.
Here are some areas that I work on a consistent, ongoing basis.
Link To Us!
- If you've enjoyed any of the articles here, I'll really appreciate
your help if you could link to the specific post/article/homepage from
your website, blog, LinkedIn or social media accounts such as
FaceBook, Twitter, Instagram etc - this will help us to grow and serve
you better - thank you! =)
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