One man's FIRE journey by opening up passive income streams from side hustles
richard
Over the last 24 hours, bitcoin has gained by almost 7%, from ~USD7,800 to about $8,300 as of the writing of this blog post. With the 3rd Bitcoin halving scheduled to occur in 13 days, you can feel the excitement blowing up on Crypto Twitter. The year following halving events have seen crazy things happen. … Read more
Just a few posts back, I had loudly (as loud as my blog allowed) proclaimed that this would be the year of the Covid, and that nothing would likely overshadow this news / event in the year 2020. And now we have 2 strong contenders. Is Kim Jong Un OK? Over the last few days, … Read more
Social payments have become something of a norm these days, with folks in Singapore using Paylah as the most accessible solution for easily sending payments. On a global scale, we have things like PayPal. However, PayPal kinda requires you to know the person you’re paying, or at least their email address. A truly global solution … Read more
In the months leading up to this year’s Earth Day, countries have been lining up to shut down borders, business operations, travel and other essential human activity. Covid-19’s impact on pollution and the environment can be said to be far more effective than any concert and awareness drive has been. As economies and industries are … Read more
Follow my blog with Bloglovin Covid-19 has taken the year by storm, and I’m betting nothing that will happen this year will be able to take that away. (Outside of maybe Joe Biden appointing Barack Obama as his VP, and wresting back the Presidency from Trump). Covid has taken over global headlines since January of … Read more
I think I’ve always been a side hustle / passive income kinda guy, even way back in 2012. So… in my mind, one of the best passive sources of income, is owning IP. And the ability for that IP to sell itself over and over without my involvement. Authors / Musicians are the perfect example … Read more
This is part 5 (hooray!) of a 5 part series. You can read the intro here, and the links to part 1, part 2, part 3 and part 4. Okay, you’ve come so far there’s almost nothing standing in the way of you being a blogger. I say almost, because via GIPHY You’ve parted with your money to buy a … Read more
When the covid situation became a full blown pandemic that reduced global activity, and potential job offers evaporated overnight, I had to stop my CFD trading to preserve liquidity until I found a new job. So this is gonna be a relatively short one guys. The really fortunate thing though, was that in March, I … Read more
If you have a small but rapidly growing side hustle (that you obviously hope to grow into a main hustle (as we all FIRErs do), you’ll need all the help automating as many moving parts as you can. One of the most crucial parts of your business is to have a good view of your … Read more
When I dabbled in creating an ecommerce business using Shopify, I didn’t know at the time, but I then stumbled into what is now known as the NoCode movement, i.e, building websites, platforms or marketplaces without the use of coding. In fact, you can also say that blogging via wordpress, or any other content management … Read more
When the USD goes into hyperinflation as a result of their freewheeling unlimited dollar printing machine, more and more (new) people will be flocking to cryptocurrencies. To help you securely store your crypto, and essentially be the bank of yourselves, you’ll want to start looking at hardware wallets. Ledger has proven itself to be one … Read more
The proposal to mint $1 Trillion Dollar Coin was first proposed in the aftermath of the housing crisis of 2008, when the US hit the debt-ceiling limit in 2011.
Almost anyone can invest into a bull market and come off looking like a genius. But when shit hits the fan, and the economy goes belly up (as seen from the covid-19 fall out that is still evolving by the way), and businesses scramble to survive, cash is still king. As we take in the … Read more
For all of my complaints about living in Singapore (mainly the heat, and prohibitively expensive housing and cars), I still think, in terms of security, economic stability and job opportunities, there are not many cities that can top the sunny island. This is why many people are still looking out for opportunities on how to … Read more
This is part 4 of a 5 part series. You can read the intro here, and the links to part 1, part 2 and part 3. You’ve just bought your domain and hosting package, so today, we’re going to be doing a bit of pre-work and template design on your blog, and ensuring you have your foundational basics covered … Read more
So…. turned out I was right to short Tesla. I just happened to do it a month early. After the setback in January, I was pretty upset, and spent a lot of time thinking about how I can avoid making the same mistake again. I know there are wins and losses in trading, and the … Read more
Apologies that this came so late. I was bogged down by other things happening in my life, and also, to be honest, this income report stung a lot to write, because I thought I’d go against the tide of the bandwagon, and it didn’t turn out well at all. So, in the first month of … Read more
So, I had some time on my hands, and recently met up with a representative from Williams Corporation, a residential property developer based in New Zealand, and chatted about the property market, and how a Singaporean can think about buying property in New Zealand in general, and Christchurch in particular. I’d been looking at lifestyle … Read more
Today we interrupt our regular programming of personal finance and FIRE content to bring you something else that sets FIRE to our bellies. Because a FIRE blogger needs to eat too. Hidden on the second floor of Fareground at Pasir Ris (Pasir Ris Central Hawker Centre), Prawnaholic is a modern interpretation of the classic Prawn … Read more
