Coming Full Circle

Seems like I'm coming full circle in NigelChua.com - earlier, I had written that this website is all about one thing:

Building and Living The Passive Income Lifestyle

And to me, that's done by two approaches:

  • Passive Income Internet Businesses (PIIB)
  • Passive Income Investing (PII)

These two are closely interlinked financially, in a sense I will build up my investment funds first either by my work, entrepreneurship activities and online business; and then the dividends that proceed from the investment funds will either be used for reinvesting or used to fund lifestyle, liabilities and luxuries.

It'd look something like this:

macro view on build passive income lifestyle

This is the general macro-overview of how I see and build my passive income lifestyle, and I will keep building and refining this model until I've reached my financial goal.

From this model, it's an all-encompassing model that is already working (I've achieved about 15% of my financial goal, and am reaping some passive income from my investments already - see from my passive income reports) BUT there is one major problem:

I need more capital/money to invest. To achieve my dividend income goal, I need a minimum sum of $2 million invested. Based on a 5% return on investment, that's about $100K passive income dividend per year.

Because of this, I will need to build additional and other sources of income that will fund the investment fund faster and better, as well as serve as hedge in case anything happens to my investment fun - this will take time to build, acquire, nurture and mature.

Which is why I am building a few key businesses and projects including - share more details soon.

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