LIVING OFF DIVIDENDS & PASSIVE INCOME

I just ran the totals for passive income for December and I found out that it was the 3rd most “profitable” month of 2008.  The other two were October and June.

Monthly Passive (alternative, online & dividend) Income was $3,276.07.

The total online income was $2385.20 which broke the previous record by ~$130.

Here’s the breakdown of the $3,276.07:

Online Income:$2385.2

• Ebay Publisher Network: $922.6
  
• Linkworth: $471.61
• TLA: $322.93
• Adsense: $128.81
• Kontera: $26.34
• Direct Ads: $220
• RevResponse: $10.63
• Amazon: $17.38
• Other/Affiliate: $309.24

Dividend/Alternate Income: $890.87
 Read more... (196 words, 8 images, estimated 47 secs reading time)

• ING Savings Account: $102.77
  
• Direct Oil Drilling Investment: $329
• Other Dividends: $458.86 (net of foreign tax deducted at source)

I’ve been busy with Business School and it’s been an insanely hectic month. Forget about writing posts, I haven’t even had much time to sleep!

I just ran the totals for passive income for October and I found out I’ve broken my previous record for monthly passive income that I set in June.

Monthly Passive (alternative, online & dividend) Income was $3,454.99.

The total online income was $2160.67 which is lower than my record by ~$95. However, my investment in a Japanese REIT paid a quarterly dividend that pushed up my dividend income over the usual $1000/month to a total of $1259.18.

Here’s the breakdown of the $3,454.99:

Online Income:$2160.67

• Ebay Publisher Network: $644.97
  
• Linkworth: $403.83
• TLA: $277.72
• Adsense: $207.30
• Kontera: $40.20
• Direct Ads: $234.95
• RevResponse: $26.90
• Amazon: $58.67
• Other/Affiliate: $262.11

Dividend/Alternate Income: $1259.18
 Read more... (532 words, 9 images, estimated 2:08 mins reading time)

I made $2,884.13 in online & passive income for the month of September, 2008. After the somewhat lackluster income over summer, this was a welcome increase.

Here’s the breakdown:

• Online Income: $1799.92
  
  • Adsense: $214.78
  • Linkworth: $332.24
  • TLA: $241.78
  • Kontera: $$45.48
  • Direct Ads: $205.55
  • RevResponse: $28.23
  • Prosper Referrals: $25.00
  • Amazon: $58.67
  • Ebay Publisher Network: $580.58
  • Other/Affiliate: $51.59
• Savings Accounts: $127.59
• Direct Oil Drilling Investment: $387.59
  
• Dividends from Canroys: $502.09 (after tax deducted at source)
• Other Dividends: $73.51
  

The affiliate income from Ebay has been growing steadily. It’s more than doubled from August and the total revenue for this year is $1847.67. I think that’s a pretty good return for a little bit of effort (most of which took place in May). In July I added a storefront on this website which focuses on business, cheap real estate, gold coins and other income producing ventures. I recently added a Ferrari and Sports-car for sale page. I don’t expect to sell any Ferraris’ or Lamborghinis’ but I sure enjoy looking at them!  Read more... (431 words, 9 images, estimated 1:43 mins reading time)

As of July 20th 2009, I’ve received over $8,500 so far from Ebay. But the beauty is I didn’t actually sell anything. That’s right, Ebay sent me the money for referring buyers to their site. Since several of my fellow bloggers have asked me how to go about making money from ebay, I’ve put together this short how-to article that I hope will help you.

How Does the Ebay Affiliate Program (EPN) Work?

Back in April I built several niche sites to that specifically targeted to specific niches like gold coins, iphones and ipod batteries. Several weeks ago, I also added an “investment store” on this site that sells cheap timeshares, real estate and income-producing websites.  Read more... (1443 words, 9 images, estimated 5:46 mins reading time)

I was so busy in May that I completely forgot to post April’s passive income summary. On the bright side, April was a been a record breaking month for me with total “passive” income amounting to $2,811.42. On the flip side, I’ve been so busy, I haven’t been paying attention to my sites and May’s income will probably be lower.

If you recall, the income for March 2008 was $2, 667.18, so this is $144 jump is a 5.4% increase. However, one of my stocks is a Japanese REIT, and it paid out a quarterly dividend amounting to about $230, so the $140 increase isn’t a real increase – it’s going to disappear for May. Besides, the jump from February to March’s passive income was 11.9%, so this isn’t as good. (In case your wondering why I’ve invested in a Japanese REIT, here’s a good posts on why Japan’s real estate is a good investment.)  Read more... (1418 words, 9 images, estimated 5:40 mins reading time)

I’ve been lumping in my online income with my passive income, but it isn’t really passive. It may not be very strenuous and it gives me geographic flexibility and I don’t have to show up for work every day, but there is some effort involved. Unfortunately I’m not as clever as Courtney Tuttle, who says he has a site that makes $3,500/month with no ongoing maintance. (If you’d like to buy an existing site that generates income, check out the online businesses for sale on my business & investment store). I’ve just had some limited success with Domain Parking, buts that the extent of my truly passive online income.

Simply put, my online income isn’t really passive. It’s a lot more passive than the website and seo consulting work I do by a huge margin, but its not as passive as dividneds or royalty checks.  Read more... (989 words, 8 images, estimated 3:57 mins reading time)