*

Bloggerer

  • **
  • Junior Petal
  • 124 5
    • View Profile
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?

*

beaverjuice

  • *****
  • Global Moderator
  • 10965 31
  • Road to Perdition
    • View Profile
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."

*

cherubcove

  • **
  • Junior Petal
  • 127 4
    • View Profile
Re: Passive Income Ideas in Singapore
« Reply #2 on: January 11, 2019, 08:31:51 am »
Sell ebooks in Amazon!

*

cheesecake

  • **
  • Junior Petal
  • 100 3
    • View Profile
Re: Passive Income Ideas in Singapore
« Reply #3 on: January 22, 2019, 10:47:45 am »
does anyone do affiliate marketing in singapore?


*

beaverjuice

  • *****
  • Global Moderator
  • 10965 31
  • Road to Perdition
    • View Profile
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."

*

beaverjuice

  • *****
  • Global Moderator
  • 10965 31
  • Road to Perdition
    • View Profile
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."

*

jivamukti

  • *
  • Fresh Petal
  • 41 1
    • View Profile
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

*

beaverjuice

  • *****
  • Global Moderator
  • 10965 31
  • Road to Perdition
    • View Profile
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."

*

FainantFairy

  • **
  • Junior Petal
  • 78 3
    • View Profile
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

*

beaverjuice

  • *****
  • Global Moderator
  • 10965 31
  • Road to Perdition
    • View Profile
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."

*

cheesecake

  • **
  • Junior Petal
  • 100 3
    • View Profile
Re: Passive Income Ideas in Singapore
« Reply #10 on: August 29, 2019, 10:45:24 am »
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.

better returns than singapore saving bonds

Uncle beaver, this asset is 5% pa. better than singapore saving bonds?

*

beaverjuice

  • *****
  • Global Moderator
  • 10965 31
  • Road to Perdition
    • View Profile
Re: Passive Income Ideas in Singapore
« Reply #11 on: August 30, 2019, 07:17:16 pm »
better returns than singapore saving bonds

Uncle beaver, this asset is 5% pa. better than singapore saving bonds?

Haven't looked at this in detail - it does look like a kind of CLO.  the operating caveat has always been this when you reach for yield ie. moving up the yield spectrum,  you take on more risk.  that is an immutable truth.

Risk comes in many forms - credit, duration, liquidity ....

@kyith .... probably will do a better job at dissecting the risk involved in this instrument.

PS:  they throw in "LTA" to impress people but this is no vanilla LTA bond in my mind

« Last Edit: August 30, 2019, 07:19:06 pm by beaverjuice »
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."

*

Bloggerer

  • **
  • Junior Petal
  • 124 5
    • View Profile
Re: Passive Income Ideas in Singapore
« Reply #12 on: December 09, 2019, 05:56:58 pm »
higher interest than banks fixed deposits singapore saving bonds


i joined as i find the idea that my loan is used to buy LTA PARF collatoral.
The interest is not big amount, only 5% but its way better than what I am getting from banks now

*

beaverjuice

  • *****
  • Global Moderator
  • 10965 31
  • Road to Perdition
    • View Profile
Re: Passive Income Ideas in Singapore
« Reply #13 on: December 12, 2019, 12:34:01 pm »
higher interest than banks fixed deposits singapore saving bonds


i joined as i find the idea that my loan is used to buy LTA PARF collatoral.
The interest is not big amount, only 5% but its way better than what I am getting from banks now

Who has final ownership of those papers/security - LTA, car-dealer or you?
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."

*

Tiesha Binio

  • *
  • Fresh Petal
  • 22 0
    • View Profile
Re: Passive Income Ideas in Singapore
« Reply #14 on: March 18, 2020, 04:48:52 pm »
Buy dividend stocks. ...It is great!

Finding love in Singapore, one swipe at a time -More Couples Finding Love Online

Started by beaverjuiceBoard All About Love

Replies: 0
Views: 2443
Last post August 31, 2017, 12:45:10 pm
by beaverjuice
St John Island is the new Cat Island in Singapore!

Started by Irene KuokBoard Pets & Animals

Replies: 6
Views: 4520
Last post March 27, 2018, 05:49:30 pm
by beaverjuice
There is Russian Roulette...then there is Singapore Roulette

Started by MariaSharpieBoard News, Current Affairs Discussions

Replies: 1
Views: 1731
Last post July 08, 2018, 04:33:22 pm
by beaverjuice