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2017 June 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 -1888

Income

Xtend Life Natural Health Supplements USD$ USD$ USD$ 22.90

  • 5th June 2017 USD 9.54
  • 27th June 2017 USD 6.20
  • 28th June 2017 USD 7.16

SellHealth USD

Amazon $2.30

Expenses

  • Site Build It! (SBI) USD 24.90 (read my SBI review here)
  • Fluttermail USD 10.00
  • 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

CONCLUSION

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 be penalized.

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 venture. Ugh.

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 right.

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.


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