One man's FIRE journey by opening up passive income streams from side hustles
richard
Featured Image by Sarah Richter from Pixabay I previously wrote about joining the shutterstck contributor program, thinking about uploading photos that I take anyway onto the platform, and if anyone likes it and buys it for use, I can get some money essentially for free, doing things I would have done anyway. Well, I uploaded … Read more
I stopped my CFD trading in March and April due to the volatility and ongoing uncertainty in the markets, coupled with the lack of luck on the job hunt front. Many companies are still laying off staff, especially in the marketing that has typically been seen more as a cost centre in trying times. However, … Read more
The covid-19 pandemic has swept the global markets and caused countless job losses and companies to go belly up. While the stock markets have not fully priced in the effects (and more importantly, the after-effects) of this seismic shock, I believe the economy will be slow to restart, and will have to grind its way … Read more
I’m sure many of you have heard of dropshipping, an ecommerce fulfillment method where you’re acting as a middleman between the retail customer and a supplier of goods. Have you heard of the new thing on the block though? It’s called Dropservicing, and it’s very similar to dropshipping, except you’re working on a service arbitrage … Read more
Critical thinking is often associated with philosophy, but it is very simply the ability to analyse all facts available to form a judgement. It sounds tiresome, and can be, but anyone can be trained to think things through in a much more systematic manner, and gain a more sound judgement about things that matter to … Read more
April, fueled by the uncertainty of the impact of Covid-19, coupled with even more uncertainty regarding the job front, meant it was a no trading month. In terms of side hustle income, this means it’s a lot leaner. It boiled down to: Short writing gig paying USD$100 Another signup on crypto.com netting me USD$50 Adsense … Read more
As we head into the final weekend before the bitcoin halving event happening roughly 12 May 2020, I wanted to see if there were any interesting trends surrounding it, and if markets were savvy about it in equal measures. I couldn’t find a bitcoin specific countdown, so I approximated the time based on other sites’ … Read more
Hey everyone! Hope you’re all still maintaining some sense of sanity with all the extended stay home orders and the constant yakking from family. During this time, I’ve had a bit of time (in between fetching lunch and being the homeschool teacher to my boys) to think about working on another project (besides this site … Read more
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
