Seems like I'm coming full circle in NigelChua.com - earlier, I had written that this website is all about one thing:
And to me, that's done by two approaches:
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:
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:
Which is why I am building a few key businesses and projects including - share more details soon.
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