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OnlyWilliam

Singapore Award-winning Lifestyle Blog. About Events, Food, Travel, Fashion, Entertainment, Technology & More


It Is Actually This Easy To Get Monthly Passive Income

Before I go on, this is not an advertisement or sponsored post.
So I caught up with a long time friend of mine over the week. We knew each other from my Kiehl’s days about 8-9 years ago (how time flies!). We brought up the topic of having a passive income and at age 29, she’s already achieving an average of $2,500 passive income every month. Impressive.

Keeping your money in the bank??

She asked me a question, “where do you keep your money?” If your answer is the same as mine, “in the bank lor”, then you’re caught in the same situation as me. Honestly, I haven’t given much thought to where I put my money at because work is always crazy busy and this question just haven’t occurred to me at all, until now.

Beating Inflation (2%) VS Bank Interest Rate (0.05%)

Her next question was, “Do you know the interest rate bank savings accounts are giving in Singapore?” YES. It’s a pathetic 0.05% on average. If you’re saving your money in the bank or keeping it under your pillow, you are definitely going to lose to inflation because the cost of living rises while the value of your money does not. Take this inflation chart for example, is your money growing an interest of more than 2% every year?



Inflation rate from 2012 to 2022 -
https://www.statista.com



“Everyone Can Have A Passive Income”

Was what she said to me. Of course, I asked how.
Invest. Okay… Invest in what?

Mutual Funds

For my friend, she started with mutual funds. According to Economic Times’ definition, “A mutual fund collects money from investors and invests the money on their behalf. Mutual funds are an ideal investment vehicle for investors who do not know much about investing.” Sounds about right. Of course, given 6 years of mutual funds investing experience, my friend did advise that you do have to know which funds to enter to get the most out of your investment while preserving your capital.

6-7% Return, Low Risk, Monthly Passive Income

She is now in a profession that allows her to help people like me grow my money at a 6-7% p.a return, entering into low risk funds and drawing a monthly passive income from the investment. Do we need a lot of money for this? No. You don’t need a huge lump sum. Set aside a sum of money every year and 10 years down the road, you’ll see a very huge difference. In fact, you’ll start to see the effect of your actions (investment) when you receive your first monthly passive income next month.

Turn your savings into a money milking tool. 

“Let your money work harder for you” was what she said to me at the very end. This sentence resonated with me strongly. Why put your money in the bank to get that 0.05% when you can grow it at 6-7%?

I did a comparison chart. This is the effect of investment VS keeping your money in the bank. A very simple chart, nothing fanciful but it illustrated how much of a difference it can make if you actually start making your money grow.



You Get To Decide If You Want To Be Rich Or Poor

The biggest hurdle is always procrastination. If you keep pushing back your plans, you will never accomplish anything. While people are growing their money, you’re just losing out on the opportunity cost and profits by sitting and waiting around.

I’m sharing this because a lot of us fall into this category. Myself included.
If you’re too busy or have no interest in investment because you just cannot bring yourself to read up on it but still want to fight the inflation and give yourself a monthly passive income, then maybe you can consider reaching out to me and my friend.

William: +65 96860495/ william82sg@hotmail.com
Alicia: +65 81210768


Wrote by Only William...
AVATAR: DISCOVER PANDORA EXHIBITION SET TO OPEN IN SHENZHEN, CHINA

Spectacular new interactive attraction allows visitors to experience the breathtaking environment and amazing creatures of pandora.


AVATAR: Discover Pandora is inspired by and filled with the extraordinary creatures, breathtaking environment and unique culture of the James Cameron film. GES, a global events provider, is partnering with Mactus Live, the leading entertainment service provider in Singapore to bring AVATAR: Discover Pandora to Great China International Exchange square in Shenzhen, China through 12 April 2018, for a two-month showcase.


Within the 12,000-square-foot entertainment experience, visitors of all ages will be able to explore the wondrous discoveries  found on the world of Pandora. Presenting Pandora as a real place, AVATAR: Discover Pandora will give visitors the opportunity to interact with the world introduced in AVATAR through a series of exciting and engaging immersive environments that highlight Pandora’s diverse and exotic flora and fauna, along with the amazing culture and traditions of its indigenous people, the Na’vi.




Captivating settings such as the Tree of Souls, as well as life-sized recreations of creatures including the Banshee, Direhorse, and Viperwolf, are featured in AVATAR: Discover Pandora, and visitors will be able to experience the science and wonder of Pandora firsthand.



The dynamic guest experience will allow visitors to:

• Enter an exhibition curated by the Pandoran Research Foundation where they will leave the 21st century behind and step into the 22nd century world of the AVATAR franchise;

• Learn about space travel and the science behind the discovery of Pandora in the Alpha Centauri solar system;

• Explore recreations of Pandora’s most compelling environments showcasing its unique plants and animals and what they can teach us about our own planet;

• Engage in interactive activities based on the culture, language and music of the Na’vi, the nine-footplus-tall humanoids who are the indigenous people of Pandora;

• Experience the jewel-like glow of Pandora’s bioluminescent plants and animals;

• Interact with banshees, learn to operate an AMP suit, picture themselves as part of the Avatar Program;

• And more!

For more informations and tickets please visit www.avatardiscoverpandora.cn and www.apaxtix.com.
Wrote by Only William...
Get your FREE EYEWEAR or DISCOUNTED EYEWEAR from OWNDAYS Singapore today!
Yes, OWNDAYS Singapore is running a  OWNDAYS Follower Discount (till 31 March 2018).

I think no one else have run such kind of promotion before. The world is changing! You can now purchase thing with just Instagram posting (for now only at OWNDAYS).


This is really CRAZY!!! As long you have a instagram account, you can enjoy this offer. The more followers or likes you have on your instagram post, the more discount you can enjoy!


Even to the extend FREE for your eyewear!





HOW TO GET A FREE EYEWEAR OR DISCOUNT?

Step 1) Follow @owndays_sg

Step 2) While in the shop, snap a photo and post it on Instagram with the campaign hashtag  #OWNDAYS #owndayssg #owndaysfollowerdiscount #eyewear

Step 3) During checkout, show the posted photo to the shop staff.

The discount will be calculated based on the following

- 1 follower x $0.05 

- 1 likes x $0.50

Only photos showing OWNDAYS shop and/or products in-store are qualified for discount. Selfies with OWNDAYS glasses/sunglasses taken in-store are valid too!


Example:



@kwleong have 7952 followers on instagram


7952 x $0.50 = $397.60 



Hurry down to @owndays_sg as it’s running an OWNDAYS Follower Discount! . Easy steps like: 1) Like @owndays_sg 2) Wear and snap a picture with the spectacle that you like. 3) Post your picture on Instagram. . Discount based on your followers and the likes of the pictures. • 1 follower x $0.05 • 1 likes x $0.50 . Wait no more!! Visit @owndays_sg now!! #OWNDAYS #owndayssg #owndaysfollowerdiscount #eyewear #ootd #mensfashion #mensstyle #mensgrooming #menswear #menstyle #wiw #wiwt #sg #singapore #koreastyle #ootn #outfitoftheday #whatiwore #instastyle #todayimwearing #fashion #style #styleiswhat #streetstyle #justaddsole #tweesg #madewell #fashioninsta #fashiondaily #fashionaddict
A post shared by kwleong (@kwleong) on Mar 5, 2018 at 2:14am PST

Leong shared this post on his instagram and garnered 184 likes.

184 x $0.50 = $92

So Leong will enjoy a total of  $489.60 discount ($397.60 + $92) upon checking out at the store. 



Is there any minimum spending required? 
The answer is no.
If Leong's eyewear is going to cost  $300, meaning he will not need to even come out a single cent.

Head over to https://www.owndays.com/sg/en/special/followers_discount/ to find out more.



Terms & Conditions
  • Discount is valid only on the same day a photo is posted on Instagram and is limited to one qualified post per customer.
  • Each customer is entitled to the discount one-time only.
  • Discount is rounded down to the nearest dollar, with the minimum discount at S$1.00.
  • Discount is not valid when shared as an Instagram Story.
  • Discount is not valid for Instagram accounts set to private.
  • Discount is valid for the purchase of eyewear only.
  • Discount is not valid for lens replacement service and top-up purchase of option lenses.
  • Discount is valid in all OWNDAYS outlets in Singapore.
  • Discount is not exchangeable to cash or other rewards in the event it exceeds the total amount payable during checkout.
  • Discount cannot be used in conjunction with any other offers, vouchers and/or promotions.
Wrote by Only William...
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William Tan
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Contact me: william82sg@hotmail.com


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