Multiple Stream of Income (Passive income)

Multiple Stream of Income (Passive income)

Would you like to take a vacation whenever you want and stop working hard to earned money for yourself in the future? Well, if you wish to achieve this, you need to build a passive income. Some people earned money coming only from their jobs. That's their only stream of income.

The danger of having only one source of income is that when you stop on working, flowing of your income is also stopping. Other people especially most professionals earn money using their specialized skills. Like Lawyers, Doctors, Architects, Business owner and Consultants. But most of them have only one stream of income. 

When the retirement stage has come and their skill become obsolete, they are forced to accept smaller payment to make money. Sometimes they shift to another profession in order to continue the flowing of money on them.

Benefits of generating a passive income: 
1. Make a strong initial effort to get your income started, then do minimal work (or virtually none) thereafter, resulting in earning more and doing less.

2. Freedom to choose when and where you wish to work.

3.Your passive income is not dependent on a 8-5 work everyday and can be generated 24 hours, 7 days a week.

4.Able to give yourself a pay raise whenever you want by creating multiple stream of passive income.

5.Create an unlimited amount of income - you are only limited by your imagination.

6. Have more free time to spend time with your family, friends or go on vacation.

7.Ability to give to charitable causes.

8.Create passive income for your future retirement.

For few people who are really rich in both money and time, they have a different strategy. They build multiple streams of passive income and earn money through various ways.

For example, a big businesses like SM malls. The owner of this malls not only earn from groceries already sold from its every Supermarket, but also earns passive income from the stores owner who are renting space from his malls. That’s creating multiple streams of passive income.


What streams of passive income are available? Here’s a list of the many types of passive income streams from the book Multiple Streams of Internet Income by Robert G. Allen.

• Savers earn interest
• Songwriters earn royalties on their songs
• Authors earn royalties from their books and tapes
• Insurance agents get residual business
• Securities agents get residual sales
• Network marketers get residual commissions or passive income
• Actors get a piece of the action
• Entrepreneurs get business profits
• Franchisers get franchising fees
• Investors get dividends, interest and appreciation
• Visual artists get royalties from their creations
• Software creators get royalties
• Game designers get royalties
• Inventors get royalties
• Partners can get profits
• Mailing-list owners get rental fees
• Real estate owners can get cash flow profits
• Retired persons can get pensions
• Celebrity endorsers get a percentage of gross profits
• Marketing consultants get a percentage of profit or gross revenue

This list was written about 10 years ago, it obviously doesn’t include some people who are now earning passive income through the internet.  Here's the list,

• Many blogger earn passive income from every Google Adsense ad clicks on their websites
• Popular blogger earn money from paid to blog
• Online retailers earn money selling their stuffs online
• Giant online retailers earn profits by selling other people’s stuffs online

Building multiple streams passive income is a great way to secure yourself for the future. You never know if you will be laid off from your regular job and experience a disasters. Choose one of the above types of passive income streams and take action now, to secure your financial future.

Here you have it. You can suggest here if you have a passive income which is not include and mention in the list. Happy earnings!!

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Inimpok mo makakatulong sayo

Inimpok mo makakatulong sayo

Inimpok mo makakatulong sayo
 

Inimpok mo makakatulong sayo

Sabi nila kung sino pa yun mayaman, sila pa yun lalong mas yumayaman. Sabi naman ng mga matatagumpay na negosyante nasa disiplina sa sarili at tamang kaalaman lang sa paghawak ng pera ang kailangan para maging matagumpay. At ito ay nagsisimula sa pag iimpok.

Kung meron kang sapat na perang naipon at gustong mapalago, mas makakabuting malaman kung saan pwedeng ilagak o gamitin ang naipong pera para makatulong sa pinansyal na problema. Ayon sa mga matatagumpay na negosyante, payo nila papagtrabahuhin mo ang iyong perang naimpok para kumita. 

Inuri nila sa dalawang klase ang ating kinikita. Una: active income; Pangalawa: passive income; Ano ba ang mga ito? Ang active income ay yun perang kinita mula sa iyong pagpapawis, pagbibigay serbisyo o pagtatrabaho, kung hindi ka magtatrabaho wala kang kikitain samantalang sa passive income kahit hindi ka na magtrabaho pero patuloy ka pa rin kumikita ng pera, na kahit natutulog ka, patuloy ang pagdating ng kita, isang simpleng halimbawa na dyan kung ang perang naimpok mo ay inilagay o ideniposito sa bangko.

Sa paglipas ng ilang taon nagkakaroon sya ng interest o tubo, wala ka naman ginawa o tinarabaho sa pera mo kundi inilagay lang sa bangko pero kumikita na, ang tawag dun sa kinikita ng pera mo sa bangko ay passive income. 

Maraming klase at pamamaraan ang pwede mong gamitin at paglagakan ng iyong perang naipon para makagawa at magkaroon ka ng passive income. Sa mga susunod na araw ay iisa-isahin at tatalakayin natin yan. Kadalasan, mas marami sa atin, nakapokus at pinagtutuunan ng pansin kung paano magkakaroon ng active income habang naisasantabi lang kung papano magkakaroon ng passive income. Mas ginugusto pa nating maghanap ng trabahong magbibigay ng malalaking sahod kesa pag aralan at alamin kung papano magkakaroon ng passive income. 

Maganda at nakabubuti na magkaroon din ng passive income bukod sa active income sapagkat makakatulong ito ng malaki pagdating sayong pinansyal na problema at maaaring ito rin ang magdala sayo ng kalayaan sa pananalapi sa iyong pagtanda.

Pero bago yun, isa-isip natin na mahalagang meron pa rin active income hangat maari, kahit maliit man o malaki ang sahod, dahil malaki ang maitutulong nito para makapag impok ng sapat na halaga na pwdeng magamit upang makagawa at magkaroon ng passive income. Tandaan na hindi mahalaga kung maliit o malaki ang sinasahod, ang mahalaga, kung nagagawa mong makapag-impok. 

Basahin ang Kahalagahan ng pag iimpok para malaman kung paano ang tamang pag iimpok. Kung nagnanais at pursigido na talagang gamitin ang perang naipon, para mapalago at magkaroon ng passive income. Simulan mo munang kilalanin ang iyong sarili sa usapin ng pananalapi bago pumasok at bitawan ang perang pinagpakahirapan impokin. 

Mahalagang makilala mo ang sarili dahil sa oras na pakawalan at bitawan ang perang inimpok, wala tayong katiyakan kung babalik at mababawi ito ng ganun kadali. Alamin at sukatin ang sarili kung hangang saan ang kapasidad. Kapasidad kung hangang magkano ang pwede at kayang ilaan, bitawan at kung di pinalad pwedeng mawala o mabawas sa iyong naipon. Baka mamaya mawalan o malugi ka lang ng 1000 pesos halos ikabaliw mo na at maging dahilan pa ng iyong pagpapatiwakal. 

Kaya mabuting unahin makilala at malaman ang iyong kapasidad sa pananalapi. Pagplanuhan at pag isipan mabuti bago bitawan ang perang naipon. 

Sa pagpili ng paglalagakan ng perang naipon, alamin at suriin o maaaring isaalang-alang ang mga bagay na ito. Una: kagaya ng nasabi sa taas, alamin at sukatin ang iyong kapasidad na pwede mong ilagak na halaga; Pangalawa: haba at tagal ng panahon bago mo bawiin/kunin ang iyong perang binitawan, sinasabi ng mga dalubhasa sa pananalapi, mas malaki ang kinikita kung mas matagal na nakalagak kagaya ng sa bangko; Pangatlo: kung sakaling gusto mo na bawiin, gaano kabilis makukuha ang pera. 

Kapag handa na ang iyong sarili na bitawan o ilagak ang iyong perang naipon. Simulan mo na maghanap at pag aralan kung anong negosyo o investment ang nababagay sayo na makakapag-bigay ng passive income kagaya ng pag-iinvest sa stock market, o kaya pag gamit ng serbisyong inaalok ng mga bangko at mga kompanya kagaya ng mutual fund at unit investment trust fund (UITF). 

Basahin ito Multiple Stream of Income para malaman pa ang iba pang pinagmumulan ng passive income.

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Kahalagahan ng Pag iimpok

Personal Finance (5) : Cut Lost

Case 1: The Battle of Red Cliffs (赤壁之战)

In the year 208 AD, during the era of civil war and the process of forming up the Three Kingdom…

Prime Minister Cao Cao after conquered the Northern China wanted to conquer the Southern China. Two leaders, Liu Bei and Sun Quan, arised against Cao Cao's tyranny. Cao Cao brought 240,000 soldiers to fight the battle against the ally of Liu Bei and Sun Quan, which had only 50,000 soldiers.

For Cao Cao’s army to attack the enemy, they must sail across a river. Since most of the soldiers from the north was unused to battling on the ships and having seasick, they set up the camps next to the river bank and doing their training.

The ally strategist, Zhou Yu, thought of a way to exploit this weakness of Cao Cao’s army. Zhou Yu idea was to attack the Cao Cao’s battle ships by fire. But, he also knew that it was impossible to burn up most of the ships as they can sail away easily.

How did Zhou Yu prevent Cao Cao from CUTTING LOST during the fire attack??

He sent spy to suggest to Cao Cao that he should get all the battle ships to be chained together by heavy metal-chain in order to reduce the fluctuation of the ships, and then his soldiers can speed up the training without having seasick. Cao Cao happily accepted that suggestion and implemented accordingly…

And, that fire burned up most of the Cao Cao’s army during the battle. Though Cao Cao managed to escape back to the north, he never able to gain back the strength advantage over his two opponents for the rest of his life...

Case 2: A Typical Mutual Fund

"Click on the chart to Zoom-In"

Sometime ago, I saw a Professor of Economics on TV commenting on stock market matters... He said that even the best fund manager, such as Warren Buffett, had lost more than 50% of his fund value (Berkshire Hathaway) during the last economy crisis from 2008 to 2009. So, as a individual investor, if you lose lot of money in the market, that's normal and don't blame yourself....

So. What do you think about his comment?

I would say that this professor had not done his home work properly, and thus comparing an Apple to an Orange!

Let me explain...

The Mutual Fund Mangers, by law, are supposed to be fully invested with the fund under their management. They can "Rotate" their fund among various sectors, but are not allow to hold cash over a period of time.

Therefore, by law, they cannot CUT LOSS even if they know the market will continue to fall for a period of time. This law is necessary for the stability of the market... Imagine that if all big fund managers are pulling out their investment due to economy crisis, no one can know how deep the market can go.

So, one must realize that the main goal of a fund manager is aiming at beat the market, and not to make money for the clients. They make money by charging the clients for managing their money, not by how much they generate the profit from the fund.

BUT, on the other hand, as a individual investor/trader. There is NO LAW restricting you from cutting lost or even going short. Thus, I say that many commentators appear on the TV do not know what are they talking about.

These tell us that... It is not that the bigger organization can always eat the smaller, it is the faster can eat the slower.

Having looked at the the effect of not being able to cut lost timely, now let us look at the importance cutting lost decisively while it is still small:

1) It is much easier to gain back the lost while it is cut at small percentage.

The following table show a Recovery/Loss Ratio. When the lost is cut less than 10%, it can be recover with about the same amount of gain in percentage. BUT, if one were to let the lost grow bigger, say 50%... then he need to gain 100% just to recover... With even bigger lost, the chances to recover are getting smaller!

"An error doesn't become a mistake until you refuse to correct it." - Orlando A Battista

2) Allow Yourself to Participate ONLY on the Up Trend Market.

The following show the S&P500 returns and it normal distribution over the year of 1926 - 2008. This is the kind of chart you can find in any Quantitative Analysis books on the stock market that shows the probability of win and loss in buying a stock over a period of time.

click on the chart to zoom-in

Now, imagine with your mind that if you were to chop off a big portion of the left-hand-side of the distribution chart through the technique of CUT LOSS (as show in the following diagram), you can literally allow yourself ONLY TO PARTICIPATE IN THE UPTEND MARKET!!! (Of course, for those who are shorting, chop off the right portion of the chart.)

Last but not least, in order to be able to use the technique, especially for the beginner. It is best to use market index tracking ETFs (exchange-traded-fund) as the vehicles. As they generally do not gap up or down in high percentage that one has to miss the targeted cut lost point far away...

"There is only one side to the stock market;... not the bull side or

the bear side, but the right side. It took me longer to get that

general principle fixed firmly in my mind than it did most

of the more technical phases of the game of stock

market speculation."

- Jesse Livermore

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Payday Loan Information

Getting a traditional loan from a bank can be a challenge for a lot of people, the process requires a lot of time and the list of requirements can be difficult to meet. During these hard economic times a lot of people are having a hard time making their money stretch to pay all of their bills. A payday loan is a great way to get a loan quickly without having to go through the hassle of traditional loan types. With a payday loan you can conveniently go through the application process from the comfort of your own home. If you need money now, yet have a few weeks to wait until your next paycheck, a payday loan can be what you need to tie you ever until that check does come in. Payday loans can be paid in full once your paycheck is deposited into your account, or can be paid in the form of monthly payments, which come directly out of your checking account. This very convenient for people who are busy, every month you will receive an email notifying you that your payment is due.

One of the greatest things about a payday loan is that you don't have to leave your house to do it. This does not require that you go to a bank or a store location, everything is done on line. You can apply from home, from work, on the bus from your phone it's so fast and easy. Most people would rather borrow money from a place like this because no one has to know, you can do it discreetly, it can be embarrassing for most people to have to ask family and friends for money. A payday loan also does not require that you do a credit check, this is good for people who have bad or no credit, as well as others who have good credit but don't want to take a hit on their credit from the credit check. The basic requirements to get a loan are that you have a checking account, you must be an American citizen who is 18 years of age or older. You must make an income of $1000,00 a month or more, and you must have access to the internet.

These kind of loans are getting really popular because of the hassle free process. Most companies offer really reasonable rates as well, but it's important to some research and compare sites. The easiest way to get a cash advance is to go online and check a few different companies to compare interest rates and fees, you should also review the terms of the company and make sure that this is right for you. Being prepared and having a plan is the best way to stay organized and make sure that you can pay your loan back on time. Other than that, there is not much else to say. These websites and applications are free to use and seem to be the quickest and most convenient way to get a quick loan these days. You can also check Umbrella loans

Kahalagahan ng pag iimpok

Kahalagahan ng pag iimpok

Kahalagahan ng Pag iimpok

Sa panahon ngayon na kung saan patuloy na tumataas ang presyo ng mga pangunahin natin pangangailangan mula sa mga produktong petrolyo hangang sa pagkain ihahain sa hapag kainan, damit, tubig, kuryente, renta ng bahay atbp. Halos lahat sila nagsisipag taasan ang mga presyo. Hindi natin alam at walang katiyakan kung kailan baba o patuloy lang tataas ang presyo nito sa mga susunod pang araw. Mahirap isipin sa nangyayaring ito eh wala tayo magagawa kundi tangapin na yan ang katotohanan. 

Nahihirapan tayo makasabay, lalong lalo na sa ating pinansyal na estado kung saan palaging sinasabi na sapat at kakarampot lang ang sinasahod mula sa ating trabaho. Madalas nasasabi na lang natin sa ating mga pamilya kailangan maghigpit pa lalo tayo ng ating mga sinturon. 

Kailangan magtipid, mag impok at iwasan gumastos ng sobra para makaipon ng pera. Pero ang tanong nagagawa ba natin ito? May oras na nakakalimutan at hindi na natutupad ito. Pagdumating ang sahod mula sa isang buwan pagpapatulo ng pawis at pagsasakripisyo, hindi na magkamayaw kung saan gagamitin, gagastusin ang pera at kung anu ang dapat unahin bilhin. Sabi nga ng matatanda "Ubos-ubos biyaya, Bukas nakatunganga". Naisasantabi na ang mas prayoridad dapat ay ang mag impok para sa oras ng pangangailangang pinansyal at kagipitan.

Matapos o minsan wala pang isang lingo saka lang nalalaman wala pala naitabing pera. Napagtatanto lamang ang lahat kapag wala ng magastos. Naghihintay na lang ulit sa pagdating ng sahod. May pagkakataon na nakakapangutang pa sa kadahilanan kinulang ang badyet o panggastos. 

At pagdating ulit ng sahod, sa utang na obligadong dapat bayaran napupunta ang lahat ng kinita mula sa pagtatrabaho. Kung palaging ganito ang takbo ng iyong buhay sa pananalapi malamang sa hindi, wala ka sa direksyon ng pag unlad at kalayaan sa pananalapi o madalas natin madinig wala ka sa pag asenso. 

Bakit ko ito nasabi? Natural wala ka kasi naiipon at mali ang iyong paraan sa paghawak/paggasta ng iyong pera. Hindi pa huli ang lahat para baguhin ang nakasanayan estilo ng pamumuhay. Hindi porke nakatapos na ng pag aaral, marunong ng bumasa, magsulat at magbilang ay hihinto na tayong matuto at ipukos na lang ang ating kaalaman sa larangan ng pagtatrabaho. 

Meron dyan matagumpay na nakatapos, matataas ang mga gradong nakukuha sa paaralan, may maganda at mataas na sahod sa napasukang trabaho pero bakit hangang sa ngayon hirap pa rin sila sa pinansyal? Meron naman, di nga nakatapos ng pag aaral pero sila itong umaasenso. 

Bakit? Dahil nalaman at natutunan nila ang tamang paraan ng paghawak/paggasta ng pera. Alam nila ang kahalagahan ng pag iimpok. Karamihan sa atin hindi pinag tutuunan ng pansin at pinag aaralan ang tamang kaalaman pang-pinansyal.

Ang iba sa atin napipilitan lang mag impok dahil may gustong bilhin pero pagkatapos mabili ang gusto nakakalimutan ng ituloy ang nasimulang pag iimpok. Bakit nga ba mahalaga ang pag iimpok? 

Mahalaga ang pag iimpok sa kadahilanang ito ang magdadala sa atin papuntang kalayaan sa pananalapi sa darating na mga panahong hinaharap o sa pagtanda mo. Kung nais natin umasenso sa buhay at kung gusto natin ng kalayaan sa pananalapi, mahalagang alamin din natin at pag aralan ang tamang paraan sa paghawak ng pera, lalong lalo na ang may kinalaman sa pag iimpok. 

Sa pag iimpok nagsisimula ang lahat patungo sa direksyon ng kalayaan sa pananalapi at kasaganaan. Mahalaga rin natin malaman ang mga pamamaraan kung paano papalaguin at patutubuin ang mga naimpok na pera.(Tatalakayin natin sa mga susunod na araw) Hindi natututunan at itinuturo sa paaralan kung paano umasenso sa buhay sahalip palagiang ipinapayo lang sa mga mag aaral na ugaliing mag impok ng pera. 

Pero paano? yan ang madalas na tanong sa mga nagnanais makaipon. Kung tutuusin madaling sabihin, gusto ko mag impok at makaipon para sa magandang kinabukasan ng aking pamilya, yun nga lang mahirap isagawa. Sa kadahilanang di natin nakasanayan ang mag impok simula pa nun pagkabata. 

Kung babalikan natin ang nakaraan, simula ng matuto tayong huminge ng pera sa ating mga magulang nagsimula na rin pumasok/lumabas at dumadaloy sa ating mga kamay ang pera at nagpapatuloy ito hangat tayo ay nabubuhay. Ibig sabihin, nagsimula na tayo maging bahagi ng sirkulasyon at pag ikot ng pera sa buhay natin. Sa pagpasok at pag daloy ng pera sa ating mga kamay ano ba ang ginawa natin?

Kung alam lang natin at maaga tayong namulat sa kahalagahan ng pag iimpok, malamang may naimpok na tayo. Kung wala, ngayon ang tamang panahon para magsimulang mag impok ng pera para sa magandang kinabukasan at maging malaya sa pananalapi. May mga madaling pamamaraan upang maisakatuparan ang pagnanais na makapag impok ng pera. At ito ay magsisimula syempre sa ating sarili. Sa simula alamin at suriin mo muna ang iyong sarili patungkol sa pera. 

Sagutin ang tanong na ito, ano ba ang ugali ko kung sakaling may hawak na pera? Kung ikaw ay matipid, mas makakabuti sayo pero kung magastos ka. 

Wag ka ng magtaka kung wala kang maiipon. Saan ba nauubos ang kinita kong pera mula sa aking pagtatrabaho? Mahalagang malaman kung saan napupunta ang perang iyong pinaghirapan nang sa gayun malimitahan ang paggastos sa di masyadong makabuluhan bagay at sahalip mas mapagtutuunan mo ng pansin at mapaglalaanan ng sapat na halaga ang mga mas importante at obligadong bayarin. 

Makabubuting gumawa ng budget plan at palagian ilista ang bawat pinagkakagastusan buwan-buwan upang masuri at mapag aralan pang mabuti kung anung mga gastusin pa ang dapat alisin o kung di maialis kahit mabawasan at malimitahan man lang. Sa ganitong paraan nasisimulan na natin turuan disiplinahin ang ating mga sarili sa paggasta, sa pagpaplanong pinansyal at paghawak ng ating pera.

Mahalagang matutunan ang disiplina sa pananalapi. Kung magagawang disiplinahin ang sarili ay hindi na mahirap gawin para satin ang mag impok. At Para mas makatulong lalo ang blog na ito sa maayos at tamang paraan ng pag iimpok. Humango tayo ng kunting payo sa mga matatagumpay na negosyante sa ating bansa patungkol sa kung paano nila narating ang kalayaan sa pananalapi. At ang madalas nilang sabihin, nagsimula sila sa pag iimpok ng pera.

Nagbigay sila ng epektibo at garantisadong formula na dapat sundin sa pag iimpok. Sinasabi nila na iwasan gumastos ng higit pa sa iyong kinikita o sinasahod. Kaya mahalagang sundin ang formulang nasa baba sa pagnanais na makapag impok.

INCOME - SAVING = EXPENSES

payo nila, oras na dumating ang sahod/kinita (income) mula sa iyong trabaho o negosyo, ibawas na agad sa sahod/kinita ang iyong impok (saving) at ang matitira yun ang gagastusin (expenses) hangang sa susunod na pagdating ulit ng sahod/kinita. Kadalasan sa atin, nakasanayan mas inuuna pang bawasin ang gastusin sa kinikita at yung matitira ang sinasabi nating impok (saving). 

Pag pinagpatuloy pa ang ganyang nakasanayan, asahan natin walang maiipon. Inirerekomenda nila na mula 20% pataas ng iyong kinita/sahod ang ilaan para sa iyong impok (savings). Kung hindi makakaya ang 20% maari itong bawasan, basta ang mahalaga may maiipon, maliit man o malaking halaga. Palagiang isa isip ang dahilan kung bakit ginagawa ang pag iimpok. Kung nagnanais na mas mapalaki pa ang naiipong pera at makasiguradong ligtas makakatulong na ilagay o ideposito sa bangko. 

Madalas din ipinapayo na bago pumasok sa isang negosyo, unahin muna magkaroon ng isang pundong pangkagipitan o yun tinatawag na emergency fund. Ano ba itong emergency fund? Ito yun pundong naipon na katumbas ng tatlo o hangang anim na buwanan sahod. Mahalagang meron nito at palagi nakahanda dahil kahit sino sa atin walang nakakaalam ng mangyayari sa hinaharap lalo na sa panahon ng kagipitan o emergency meron tayong magagastos. 

Mahigpit na ipinapayo, wag gagamiting puhunan ang emergency fund kung papasok sa isang negosyo. Hangat maaari mag ipon uli at maglaan ng bagong pundo kung nagnanais magnegosyo. Sundin lang natin ng maayos at may disiplina ang mga nabanggit, nakakasigurado ako maganda ang resulta at maidudulot nito sa atin lahat. Pero iiwan ko pa rin sa inyo ang pagpapasya dahil sa huli ikaw, sarili mo pa rin naman ang magdedesisyon para sa ikabubuti mo. Inuulit ko, napakahalaga ng pag iimpok para ating kinabukasan at hinaharap. Kaya habang maaga pa, simulan ng mag impok..

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Inimpok mo makakatulong sayo..

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