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Bloggerer

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Passive Income Ideas in Singapore
« on: October 28, 2018, 09:49:04 am »
what Passive income would you build in Singapore?

I can think of the following
1) Blogging to earn income,
2) Youtube to earn advertisement revenue
3) Stock dividends return
4) Property Rental Income
5) write ebooks, sell in website / amazon
6) Crowdfunding returns
7) Lending Club, crowdlending returns
8) etc

Any idea what we can do in Singapore for passive income?

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beaverjuice

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Re: Passive Income Ideas in Singapore
« Reply #1 on: October 28, 2018, 02:27:50 pm »
Be an instascammer instagrammer ...
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."

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cherubcove

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Re: Passive Income Ideas in Singapore
« Reply #2 on: January 11, 2019, 08:31:51 am »
Sell ebooks in Amazon!

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cheesecake

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Re: Passive Income Ideas in Singapore
« Reply #3 on: January 22, 2019, 10:47:45 am »
does anyone do affiliate marketing in singapore?


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beaverjuice

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Re: Passive Income Ideas in Singapore
« Reply #4 on: January 22, 2019, 02:52:42 pm »
contributing to SRS up to the limit of $15,300/year and using it is buy Singapore Savings Bond (SSB) can help you generate passive income indirectly by:

(1)  reducing your tax burden yearly (if you earn more than $80,000/yr and do not exceed tax relief limit)
(2)  increase your yield on the otherwise pittance 0.5% interest of SRS account

of course, one might argue that this is no passive income but a dollar saved is a dollar earned through tax relief and putting it aside to roll in SRS until you each 62 years old.

look at both sides of the equation when you are thinking about passive income - either through generating better yields on equity or by reducing your expenditure such as taxes.  And if you can do both and ensuring future retirement income, that will be a great hack.
« Last Edit: January 22, 2019, 05:25:51 pm by beaverjuice »
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."

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beaverjuice

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Re: Passive Income Ideas in Singapore
« Reply #5 on: January 22, 2019, 05:24:52 pm »
it would also be good for anyone to share their experience with "peer-lending" platforms or whether there are any pitfalls associated with this income stream?

I know a number of Chinese ones are facing problems with redemption or keeping with payouts.

correlation data such as how long you've been with them,  payout ratio and redemption experience would be useful for others.

"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."

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jivamukti

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Re: Passive Income Ideas in Singapore
« Reply #6 on: March 29, 2019, 01:32:50 pm »
contributing to SRS up to the limit of $15,300/year and using it is buy Singapore Savings Bond (SSB) can help you generate passive income indirectly by:

(1)  reducing your tax burden yearly (if you earn more than $80,000/yr and do not exceed tax relief limit)
(2)  increase your yield on the otherwise pittance 0.5% interest of SRS account

of course, one might argue that this is no passive income but a dollar saved is a dollar earned through tax relief and putting it aside to roll in SRS until you each 62 years old.

look at both sides of the equation when you are thinking about passive income - either through generating better yields on equity or by reducing your expenditure such as taxes.  And if you can do both and ensuring future retirement income, that will be a great hack.

uncle beaver juice shld be no longer contributing to SRS but starting to harvest the fruits of the hard work?

I am guessing SRS can be a form of good passive income
key is to start planning when young

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beaverjuice

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Re: Passive Income Ideas in Singapore
« Reply #7 on: March 29, 2019, 06:14:58 pm »
uncle beaver juice shld be no longer contributing to SRS but starting to harvest the fruits of the hard work?

I am guessing SRS can be a form of good passive income
key is to start planning when young

My wifey wouldn't let me stop working  :-[

She thinks I will drive her crazy at home ...  :'(
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."

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FainantFairy

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Re: Passive Income Ideas in Singapore
« Reply #8 on: April 05, 2019, 06:20:30 pm »
My wifey wouldn't let me stop working  :-[

She thinks I will drive her crazy at home ...  :'(

you not retiree meh?
i thought u those always at SGX building buy low sell high those uncles leh

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beaverjuice

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Re: Passive Income Ideas in Singapore
« Reply #9 on: April 05, 2019, 06:24:36 pm »
you not retiree meh?
i thought u those always at SGX building buy low sell high those uncles leh

Ermmmm .... I don't beo stocks de ....  :-[
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."

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