About NigelChua.com

This website is dedicated to the ongoing pursuit, building and living the passive income lifestyle. Herein we will study mainly three key fundamental pillars:

  • Assets are businesses, intellectual properties, investments that provide you an ongoing positive cashflow (conversely, anything that takes out money from you are liabilities and for ease of conversation, is bad if you truly want to build and live The Passive Income Lifestyle).

  • Positive Cashflow, which means that there is a positive, surplus cash flowing into your bank accounts/pocket/wallet

  • Passive Cashflow, which means that we focus on building/accumulating assets (see below) that provides us passive income, which in turn means that they're as non-active as possible.

    This can include investing in dividend stocks that pay out regular dividend income, or online businesses that once is installed, setup and nurtured, will create value and revenue passively.

There are more definitions that can be found at here, but this is the three key things that I look at. To make things more simple and actionable, there are only a three core "KPIs" (key performance indicators) to be financially independent:

  1. Save more
  2. Earn more
  3. Invest more

Saving More

If you have a lot of unnecessary expenses that don't add value to your life, you can and should aggressively remove them from your life (so that you can free up money to save to invest in dividend stocks for passive income, that actually adds value to your life.

Examples of unnecessary expenses (recurring or once-off) that you don't care for or don't use, eg:

  1. The fastest and most expensive Internet connection
  2. Latest gadgets and phones and expensive mobile data plans
  3. Top-of-the-line TV and subscriptions such as NetFlix, Cable, Internet, Mobile Data...
  4. Subscriptions of non-core/non-essentials such as magazines, food, candies...
  5. Traveling
  6. Etc

I don't believe in being penny-pinching and saving for the sake of saving - instead, I believe in luxury and enjoyment and spending money to delegate stuff.

Core belief #1: save on stuff that you don't care about to be able to spend on stuff that you actually care about.

But if you really care for those stuff, then that's what I do: I find ways to afford stuff I actually treasure and love, and I'll be more than happy to help you =)

Great as saving more is, it is just the bare fundamentals - it's very, very, very hard to "save-till-one-is-rich", which is why there is a need to also focus on...

Earning More

Being able to save is great, but saving is limited to how much/creative you can be to save, but it's limited to how much. To illustrate is that if you make $1000 a month, there is only so much you can save right.

You have the core expenses that you need to spend, and whatever extra, you save from there. Say max of 50% of $1000, which is $500 (just an example).

The problem with saving, is that there is a max limit/cap of how much you can save before you become miserable/miserly/impossible, and that is NOT the philosophy of Nigel Chua dot com.

And that's where Earning More and Investing More comes into play.

Unlike Saving More, Earning More usually has no limit/cap. Given the example above, a person who makes $1000 may be able to save $500 (50%), or maybe a little more. Yes, it's still $500 or more savings.

Core Belief #2: A person who is able to build a side hustle and earn $1000 monthly on the side...or more - there is no limit. If they can earn $500 on the side, they can scale it up to earn $1000, $5000 or more. And they can invest the additional $1000s into dividend stocks and more.

Investing More

Core Belief #3: Every dollar and cent is to be viewed as an employee, which is delegated and assigned to make more dollars and cents for me, the owner.

Every dollar invested into safe dividend stocks will yield you dividend/interest, and you can then take these dividends and interests and also reinvest them to maximize the compounding yield.

An example, say you are able to set aside $1000 every month, and with an average compounding interest of 6% per annum, you will end up with:

  • Year 01: $12,720
  • Year 03: $40,495.39
  • Year 05: $71,703.82
  • Year 10: $167,659.71
  • Year 15: $296,070.34
  • Year 20: $467,912.72

This becomes your nest egg, of which you can then, if you so decide, to spend/live off the dividends. 6% dividends on $467,912 = $28,074.72 per year, which is $2,339.56 per month.

Not bad.

So then, how much do you want or need by time you retire? Depending on the amount you can invest regularly and how much you need, it will affect your ability to spend (or not) during your golden years.

There is so much more upside and potential, but combining Saving More,  Earning More and Investing More works synergistically together.

putting It Together In A Simple Way

The Trinity Of FIRE in action is showed practically in:

  • Earning as much as I can without compromising myself, my health, my time with family and my personal goals via my entrepreneurship ventures including learning and improving my ability to make money online

  • Saving as much as I can without compromising myself, my health, my time with family and my personal goals by cutting back aggressively on expenses I don't care about and respecting money

  • Investing as much as I can in resilient dividend stocks that will provide me dividends to bring me closer to my FIRE goals.

big Picture Approach

I used to co-own a therapy business that I started and worked in for close to a decade and it was eventually acquired by a larger health group, and I'm not known for focusing on tiny/micro-details - I'm the big-picture-kind-of-guy.

I don’t like to complicate matters, so my general game plan is relatively simple: I aim to acquire and build assets that puts positive cashflow in my pockets in surplus, and the surplus are funneled into my dividend stock portfolio.

So in NigelChua, little of my writing will cover nitty-gritty of stock evaluations, passive income/stock portfolios, how many or much or little stocks or real estate or businesses to build/buy - that's not what I do or speak about.

I focus on big-picture strategy, focus and management; systems and habit formation; efficacy and delegation; focusing on your core; goal setting; time management; strength-based focus and similar. This isn’t my way or the highway.

It’s about your way, finding what works for you...because everyone's situation, motivation, focus and ability isn't the same.

At the end of 2017, I decided to exit my therapy business entirely and take a sabbatical to

  1. spend time with my wife and kids (I missed the first 2 years of my first kid's life, and I'm not going to do it again with the second), this is one of the best decisions of my life; and being able to spend time with parents and family too (losing my dad in 2014 abruptly in just 17 days truly scarred me).

  2. spend time exploring other interests, and now am able to focus more on this website, setup Nalco Group with an e-commerce arm at Nalcoskincare.com where I am importing NAQI Belgian skin care products; as well as published some public domain books at WisdomOfSeneca.com, which all had been on my mind since 2015, but hadn't been able to as I was busy at the therapy business

  3. spend time reading, praying, meditating more on the Word of God, which really nourishes my spirit and soul. Being busy the the last decade (2008-2017) kept me busy, and I really want to spend a little more time with God and my Christian walk.

  4. spend time thinking about where I'd come from, where I'd been, who I am, who I was and who I am going/want to be in time to come. This is one of the most helpful exercise and time of my life, and...it's good to be able to just think and see a little clearer.

more about Me

I was born in Seremban, Negeri Sembilan (Malaysia) in 1982 to a middle income family. I grew up in a family of 4 siblings, I have an older brother and two younger sisters, and we are fairly close.

I love both my parents deeply, and have deep gratitude for providing me with the base for my future; and I saw firsthand how poor money management and not having cashflow-giving assets can cause stresses to the family.

We had constant quarrels about the lack of money, and what money goes where, and from a very young age, around 10 years old, I decided that I will not make the same money mistakes...and that I will ensure that we will always have more than enough.

I have been living in Singapore since 2002.

By training and experience, I am a hand therapist. I am married to a wonderful wife Louise, who is the love of my life, and my business partner as physiotherapist in our jointly-owned physiotherapy business in Singapore.

We also have beautiful children we thank God for =)

I first started my business in 2008, providing therapy services, and to cut the long story short, we went through a lot of mistakes, good decisions and really good opportunities that enabled us to hustle from a $65 therapy start up to a 7-figure therapy business in Singapore.

We were acquired in 2015 and since then, I have been involved in scaling the business higher and greater than ever before: it is an amazing experience.

From 2014 onwards, I started studying, testing, experimenting and documenting my journey of making money online as well as dividend stock investing for passive income, and over time, as I got better at it, I started making more money online, and I thought to myself:

NigelChua.com is dedicated to the pursuit of building and living a passive income lifestyle, through a combination of Earning More, Saving More and Investing More.

And that’s how it all started. If you’re looking to build and live a passive income lifestyle, I welcome you to join me, and let's adventure together =)

Let’s Connect

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Looking forward to connecting with you through the blog articles, Facebook and Twitter!

Tribute To The Creator God For All Things Personal Development & Finance

Patterns and principles to personal development, progressive living, life, and success are not entirely my own, despite the fact of me ruminating, seeking understanding and wisdom, the revelations and epiphanies that arrive in my head.

They were set in motion way before I was born, and will continue to be here way after I’m long gone from the earth. These patterns and principles are set in place by a Creator God. The only thing people can do is to either discover and acknowledge them, ignore and dismiss them, or perverse them.

Perverted principles lead to perverted lifestyle and living.

Living by good and timeless principles always leads to personal development, power, prosperity and peace, nations and societies to flourish and grow. The ultimate standards of human behaviors, rules and principles are found in the words of this Creator God, in the Holy Bible.

This is more than opinion, it is my personal belief, upon which I’ve based more than thirty years of my life (as of 1982) and my future and all eternity.

You are free to form your own ideas and opinion.

The world’s greatest book for learning successful living, personal development, prosperity and progressive living is not in any textbooks or handouts or courses, but in the Bible.

We’re all free to choose today because we’re given free will at the point of creation. Our freedom of choice is the true freedom that we have – we can choose to to ignore this power and live as though we have no choices, or we can live empowered and live life with choices.

The greatest choice a person will make in this world is what they will do when they leave this world. I take on a verse in the Book of Ecclesiastes “A wise man thinks much of death, while the fool thinks only of having a good time now” (Ecclesiastes 7:4).

The principle herein is, “what is your exit plan today?”, “think of the end first but start at the beginning” and “bearing in mind our end goal as we live day to day.”

When we have a job, we think first of how we want to get a promotion, think of the strategies and plans and actions we need to take consistently to get a promotion.

In the same understanding, when we plan and prepare for our own lives, we must look at and to what we want at the end of our lives to determine what kind of lives, strategies and plans we need to choose and how we live it.

I believe the bible leads us to right choices, good principles and good patterns to successful, peaceful and prosperous living.

If you’ve never read one, I encourage you to invest in one and read it today (or you can access one online, free of charge at Bible Gateway).

Read it, and learn to apply and live it.

If you hadn’t received Christ, and would like to do so, you can do it right now. Simply open up your heart and mind, and say this:

Jesus, here I am. I am not perfect, and have done some wrongs in my life, and from the bottom of my heart, I choose to repent. I also choose to follow you, and I invite you Jesus into my life, right this moment. Thank you for dying on the cross for me, and I look forward to a journey with you.

There you go! To start off, you can start reading a bible by either buying a physical one (I use both the New King James Version and The Message Bible), but for more convenience, you can use www.BibleGateway.com.

Happy growing! I’ll be more than happy to answer any questions that you have on Christianity and spirituality, on top of other personal development and business-related questions – connect with me at nigel@nigelchua.com.

join me in intuitive, loving, gentle and good success and self mastery that actually matter. no hype. no bullshit.

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.

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See the Tools & Resources I use to improve my life, businesses, health, build passive income and more.

The core topics I cover in NigelChua.com is:

  1. Eternal life and salvation: Jesus Christ is the Way, the Truth & the Life
  2. Fix your health: get healthier, live longer, run faster, more energy, fuck more
  3. Passive Income Lifestyle: Become financially secure by building assets that provides multiple streams of passive income that's more than your living expenses
  4. Personal Loving Relationships: Attract, build and grow relationships you love
  5. Philanthropy: giving to the poor and needy
  6. Philosophy: Conscious, purposeful and positive living
  7. Productivity: How to become more efficient and productive in important things. Mastering them causes you take less them whilst increasing productivity.
  8. Insure yourself and your loved ones (Health insurance is important)
  9. Add-on Adventures: Become rich and wealthy
  10. Add-on Adventures: Build businesses that adds positive value to your society and life
  11. Success Principles

Take action TODAY: One year from today, you'll be one year older. What would you have done by then?

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