Sunday, July 7, 2013

A new perspective

It's been a really long time since my last post. Life has changed by quite a bit since a year back. I'm now based in Singapore and have moved into a commercial role dealing in physical oil and base metals.

The new role is tough but I'm enjoying it!

However, at the back of my head, all the different ideas on how to build a business and grow passive income has still been bugging me non stop. I realized that this blog is a good way for me to pen down ideas that I had from a certain point in my life and so I might actually re start this again.

Passive Income
For now, I'm stuck on property investment. I have bought a BTO years ago before I graduated so I'm now unable to buy any other properties! Might not be a bad thing as I'm currently bearish the property market in the medium term (3-5 years). But I still envy people making hundreds of thousands on their property investments

On equities, I'm also bearish, in the medium term. But there might still be room for some upside in the next 1-2 years. I'm looking into this at the moment but am still thinking twice as I might need the cash for the BTO and possibly a small business.

A lot of ideas has been through my head the last 1 year. Below are some of them.

1. Online Specs Shop in Singapore. But you will need a physical base to start this business from. I was thinking of buying into a local spec shop and building from there.

2. Online free lottery. Using ads to fund a lottery. => Any internet marketer/web site expert who is interested in helping me develop this. Do let me know. I'm willing to fund this.

3. Vending machines. Bring this one level higher in terms of product types and advertising

4. Local food franchises.

Anyone who is interested in building any of this together, do drop me an email.