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Category: Side Hustle

Webull: Spend $0.01 and earn US$50 to US$500 for free!

Posted on by careyourpresent

Welcome Free Money

Free money that comes from minimal effort. Everyone loves it. So, do you? As mentioned in my blog many times, I would only share things that I am using.

Recently there are many people sharing about this promotion – Spend $0.01 and earn US$50 to US$500 for free! This is basically the most recent promotion by Webull until 31 March 2023!

The best part is you can deposit any amount ($0.01 will do!) and get 5 free shares if you hold this amount for 30 days. This is the best promotion that Webull has so far since they onboard Singapore’s shore months ago.

Original I didn’t want to sign up another brokerage account, but this is simply too attractive. Usually, I would like to test any new account with small sum first before actually using it.

If you refer to the promotion by other brokerages (even the early promotion by Webull), the welcome bonus usually required user to deposit $xxx or even $xxxx! This is not suitable for most people who simply like to test the account with small amount first. Even better still, there is no need to perform any trade!

Thus, this is the best promotion ever and I have signed up two nights ago on Thursday Night (16 March 2023) at around 11.00pm and got my approval before midnight on the same day. After which, I only funded SGD$0.01 and I got my 3 free lucky draw shares worth US$30 around 08.42 am on the next day!

I am not so lucky to draw the shares of higher values, but luck will be better for you! Total there will be 5 lucky draw chances (3 draws upon funding $0.01 and 2 draws after you maintain SGD$0.01 for 30 days). Each lucky draw chance gives you the chance to draw share worth US$10 to US$100, so in total you can earned a minimal of US$50 to the maximum of US$500 for SGD$0.01 with little time spent! (See screenshots below!)

Let me share with you on what I have did.

4 Simple Steps to get free money and a very decent brokerage account

Step 1: Registration

Click here to register a new account.

After clicking “Sign Up” you will be directed to registration page.

Here are what you need to do:

  • Fill in your phone number
  • Click “Send Code” and the system will send a code via SMS to you
  • Key in the verification code
  • Read and agree with Terms & Conditions and Privacy Policy
  • Click “Next”

You have successfully registered for a new account! Now, it’s time to set up your account.

Step 2: Setup Your Account

The next step is to setup your account. To do so, here are the steps you need to take:

  • Download Webull App on your mobile
  • Login with your mobile number
  • Click on the “Open Account” tab at the bottom center of the screen
  • Fill up your particulars. For simplicity, you can login with your Singpass.
  • After submitting your particulars, wait for Webull’s approval (my approval took only 30 minutes from the time that I have applied). You will receive an email from Webull to tell you about your account’s approval.


Click “Open Account” to start setting up your account. Then, fill up your particulars.

After submitting the form, you will be shown this page. Wait for approval email from Webull.


After approval, you can go to the app and click Webull logo at the bottom center. Then, set your trading password.

Step 3: Make a Deposit of ANY amount in 1 transaction (SGD $0.01 will do)

After your account is approved, it’s time to make a deposit. Inside Webull app, select “Webull” tab at the center bottom of the screen.

There are 3 ways to make deposit: eDDA, Fast or Telegraphic Transfer.

eDDA method means you’re authorizing Webull to transfer money from your bank account into your Webull account. Setting it up is very easy, just click on “eDDA” then follow the instructions, login to your internet banking, set the amount limit and you’re done.

FAST method means that you need to manually transfer money from your bank account using FAST option. This is only applicable for deposit made in SGD. After you’ve done the transfer, you need to click “Notify Webull of Transfer Completion” and the money will be reflected into your account within 5 to 10 minutes.

Telegraphic Transfer (TT) method means that you need to manually transfer money from your bank account using the traditional Telegraphic Transfer method. This is applicable for deposit made in SGD, USD or HKD. After you’ve done the transfer, you need to click “Notify Webull of Transfer Completion” and the money will be reflected into your account within 1-3 days.

Please note: The registered name of the bank account holder and Webull account must be the same for all deposits and withdrawals. Deposits must be from your own individual bank account, not third-party bank accounts, joint accounts or third-party payment platforms.

To make deposit, click Webull logo at bottom center, then click “Deposit Now”. After that, choose your deposit method.

This month promotion requires you to deposit any amount in a single transaction and maintains it for 30 days.

After depositing your SGD, if you want to convert it to USD to purchase stock in the US market, here’s how.

Click Webull logo, then click “Details”. After that, scroll down to find “Exchange Currency” button.

Step 4: Maintain Your Account for 30 Days

Next, you need to maintain you Net Cumulative Deposit at SGD 0.01 or above for 30 days after the initial deposit. That means, all your total deposit minus total withdrawal should be at least SGD 0.01.

It is alright if your portfolio falls below SGD 0.01 during the holding period, as long as your Net Deposit is at least SGD 1. If you don’t perform any withdrawal, your net deposit remains SGD 0.01.

After meeting all of the above simple steps, you will receive your rewards within 7 business days. Please remember to use the rewards WITHIN 30 days. After 30 days, the unused rewards will be expired.

Do take note of the T&C for the first 3 lucky draw chances and the 2 additional lucky draw chances later:

Good articles that you should read!

People are drawn to dividend investing.

Why? Firstly, dividends provide a regular stream of income, allowing investors to receive a portion of the company’s profits on a periodic basis. This can be particularly attractive for individuals seeking consistent cash flow or looking to supplement their existing income. Additionally, dividend investing is often viewed as a more stable and predictable investment strategy compared to relying solely on capital appreciation.

I always write and share articles, especially on dividends which many people love them. Do read them!

Alternatively, you can go the right side of my page, there is a search bar where you can simply search “dividend” to see all my articles related to dividends!

Of course, you can search for other things that would interest you such as “Careyourpresent”, “Reits”, “Side Hustles”, “Fixed Incomes”, “Savings” etc.

CAREYOURPRESENT

Money just buy you the chance of freedom.

When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed while busying striking out in career. Of course, if you love your career, and consciously know that you are missing out the first time your child walk or talk, that’s ok, but if you are the other spectrum, please do something about it.

Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?

We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.

We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.

I have picked out some of the more life reflecting articles of the CAREYOURPRESENT series. Do read them:

You can read more about my articles on Careyourpresent via the Category “Careyourpresent” or simply click “Careyourpresent” via the main menu bar.

REMEMBER:

Love your life daily.

You have one less day with your spouse, parents, children and yourself.

Time is ticking away.

For each passing day,

Enjoy and Treasure your Life!

For those who are interested in regular updates of my articles, please join the others to sign up for my free newsletter to has my newest blogposts sent to your mailbox for free!

For real time exclusive updates on market news/life (especially Crypto markets where the news move fast, important news will be shared directly via tweets or telegrams), do also join the platforms below and engage with other like-minded people!

You may also contact me via [email protected].

If you’re looking referral codes, do check out my referral and ebook page. Give it a try and who knows? You might end up loving these platforms! To be absolutely fair to all the readers, I am definitely using all these companies and they are useful to me! Likely will be useful to you too!

At the same referral and ebook page, you can also download my free ebooks and other free resources.

For quick references to these resources, you can see below.

  • Ebooks and other useful resources on enhancing productivity (Investment, Excel, Notion etc). Currently most of it are free at this moment (subject to change).
  • WeBull: A powerful brokerage with nice free welcome gift. You can refer to my guide here on how to signup! 4 Simple step only! Click here to register a new account!
  • MoneyOwl: You can use this 6SHU-93MC to get free grab vouchers and highly safe liquid cash fund account.
  • Trust Bank – You will enjoy free FairPrice E-Voucher referral if you sign up via my referral code KNDBPEPT. Simply download the Trust Bank SG App on the App Store or Google Play Store. Tap on “Use referral code” immediately after you start the app and key in: KNDBPEPT
  • FSMOne: P0413007. Good account to keep liquid cash in autosweep and to purchase investment at low fee.
  • Hostinger: You can use this link for hosting your new website. 20% off hosting!
  • Crypto.com: Use my referral link https://crypto.com/app/h92xdfarkq to sign up for Crypto.com and we both get $25 USD 🙂

Side Hustle: Google AdSense’s earnings for 1 week and is it worth to start a blog?

Posted on by careyourpresent

Why blogging?

Many people started a blog usually with a purpose on sharing something which they are passionate about. Of course, there are many other reasons on why people blog. Some simply want to earn money which is absolutely correct too.

For me, there are many reason(s) on why I started blogging after quitting blogging for years in Dec 2014. Main reason is my son was born in 2015 and my work life was getting too busy at that time to continue blogging consistently. Haha, this is my last blog if you are interested. For those early Singapore finance bloggers who still remembered me, please say hi in the comments below 🙂

Objective 1&2: Finance Journey + Care Your Present

For my case, I would like to share my Finance Journey as well as how I learnt and grow on the path of “Care Your Present“. Take for example, I have moved on from understanding living the moment (see: Most Powerful Way to Live in the Moment) to really truly practicing it (see: Truly understand Living in the Moment now).

Objective 3: Reflection of Own Life Journey

Blogging also gives me a platform to reflect my own life journey (see: Portfolio Update: Feb 2023 and Reflection at half-life (hopefully) mark – 40 Years old) which I can refer back anytime, read and understand /reflect/reminisce how I felt that time when I wrote each article, especially months or years later.

Objective 4: As a Legacy

This site also allowed me to record my personal life story (see: Farewell Mum. You are always in my mind) that I can always go back and refer too or simply keep it as a legacy for my kids.

Maybe in future (hopefully decades later) when I passed on, this blog will be a legacy for my kids to read and understand how their father felt while they were growing up.

Hopefully also one day will be how their mother felt when they are growing up (I am still trying to chip in my wife’s help to write some articles on Care Your Present, hope that she will agree).

Practicality of Blogging

Of course, another objective which most bloggers have or those who plan to start a blog is to earn something – it can be referral fees from some services that they are using (Special thanks to those who have used my MoneyOwl Referral and Trust Bank Referral) or even simple advertisement fees. For me, ideally, I hope that it will at least cover my hosting and domain cost.

One of the users brought up a question on how much I am paying for my domain + website hosting in my last post on Side Hustle: Google Adsense finally approved!, I have shared in my reply that it cost me about SGD$135 for 4 years of hosting with Hottinger and SGD$14 per year for domain fees.

Other Options

Of course, there are other options such as Bloggers.com, WordPress.com, but those are not ideal to me as I can’t have an unique domain name, which in my case is “Care Your Present”. I strongly believe in this motto, wanted to remind myself to practice and share how I did it. You can read more about my story via the About page. Furthermore, the functionality (e.g Plugins) are very limited for these free blogging options as compared to self-hosting via WordPress.org.

Google Adsense Earnings for the week

As shared in my previous article on Side Hustle: Google Adsense finally approved!, my Google adsense’s account was approved last Saturday on 18 Feb 2023. It has just nice been a week.

I noticed that we seldom have bloggers openly sharing their earnings in their blogs to the Public. Perhaps people are more conservative or would like to have more privacy. However, for me, I decided to be transparent and share it to the Public so that in case anyone want to start a blog or have already started a blog can really see if it is really worth it to cover the cost of blogging (monetary vs efforts put in).

Within 1 week since last Saturday, I have published 3 Articles.

Below screenshot is how much I have earned from Google Adsense for this week – SGD$4.25! Barely enough for a meal in food court. For these three articles, I have put in about 4-5 hours. Worth it?

Judge for yourself 🙂

Good articles that you should read!

People are drawn to dividend investing.

Why? Firstly, dividends provide a regular stream of income, allowing investors to receive a portion of the company’s profits on a periodic basis. This can be particularly attractive for individuals seeking consistent cash flow or looking to supplement their existing income. Additionally, dividend investing is often viewed as a more stable and predictable investment strategy compared to relying solely on capital appreciation.

I always write and share articles, especially on dividends which many people love them. Do read them!

Alternatively, you can go the right side of my page, there is a search bar where you can simply search “dividend” to see all my articles related to dividends!

Of course, you can search for other things that would interest you such as “Careyourpresent”, “Reits”, “Side Hustles”, “Fixed Incomes”, “Savings” etc.

CAREYOURPRESENT

Money just buy you the chance of freedom.

When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed while busying striking out in career. Of course, if you love your career, and consciously know that you are missing out the first time your child walk or talk, that’s ok, but if you are the other spectrum, please do something about it.

Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?

We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.

We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.

I have picked out some of the more life reflecting articles of the CAREYOURPRESENT series. Do read them:

You can read more about my articles on Careyourpresent via the Category “Careyourpresent” or simply click “Careyourpresent” via the main menu bar.

REMEMBER:

Love your life daily.

You have one less day with your spouse, parents, children and yourself.

Time is ticking away.

For each passing day,

Enjoy and Treasure your Life!

For those who are interested in regular updates of my articles, please join the others to sign up for my free newsletter to has my newest blogposts sent to your mailbox for free!

For real time exclusive updates on market news/life (especially Crypto markets where the news move fast, important news will be shared directly via tweets or telegrams), do also join the platforms below and engage with other like-minded people!

You may also contact me via [email protected].

If you’re looking referral codes, do check out my referral and ebook page. Give it a try and who knows? You might end up loving these platforms! To be absolutely fair to all the readers, I am definitely using all these companies and they are useful to me! Likely will be useful to you too!

At the same referral and ebook page, you can also download my free ebooks and other free resources.

For quick references to these resources, you can see below.

  • Ebooks and other useful resources on enhancing productivity (Investment, Excel, Notion etc). Currently most of it are free at this moment (subject to change).
  • WeBull: A powerful brokerage with nice free welcome gift. You can refer to my guide here on how to signup! 4 Simple step only! Click here to register a new account!
  • MoneyOwl: You can use this 6SHU-93MC to get free grab vouchers and highly safe liquid cash fund account.
  • Trust Bank – You will enjoy free FairPrice E-Voucher referral if you sign up via my referral code KNDBPEPT. Simply download the Trust Bank SG App on the App Store or Google Play Store. Tap on “Use referral code” immediately after you start the app and key in: KNDBPEPT
  • FSMOne: P0413007. Good account to keep liquid cash in autosweep and to purchase investment at low fee.
  • Hostinger: You can use this link for hosting your new website. 20% off hosting!
  • Crypto.com: Use my referral link https://crypto.com/app/h92xdfarkq to sign up for Crypto.com and we both get $25 USD 🙂

Side Hustle: Google Adsense finally approved!

Posted on by careyourpresent

Side Hustle

I have been sharing about side hustle in my articles recently. In this ever-changing volatile world, it is good to have additional income. In my article on Side Hustle Review on how much I have earned – Rakuten Insight Surveys, I have shared how much I have earned from doing surveys. Another common income that we can get is blogging income. Of course, this is difficult compared to the hours that need to put in.

However, my main objective of this site is not to get ad income. It is a good to have and of course a bonus for me. My main objective is to share my views and knowledge to the world and as platform to record my own thoughts. I hope people will not make the same mistakes that I have made in my investing careers as well as in life.

Some of the articles that I myself have read a couple of times to remind myself that I must lead a fulfilling life recently are Farewell Mum. You are always in my mind and Truly understand Living in the Moment now.

Anyway, in this article, I will share a bit more about Google Adsense and my application process.

Photo by Garrhet Sampson on Unsplash

Background

A little background about me. I was a financial blogger 10 plus years ago but stopped blogging after I became busy with works and newborns. I still vivid remembered chatting actively with AK71, Bullythebear etc previously. It was a fun period, but life goes on.

In March 2022, I decided to start blogging again to share my views of the financial world as well as sharing about Care Your Present which I realized that many people are missing out this important part in the journey to pursuit more and more wealth.

Previously I was using blogger.com but I realized that WordPress are getting lots of traction, hence I decided to start this site using wordpress.com in March 2022. I have actually paid for the careyourpresent.com domain with WordPress.com but I realized that WordPress.com only allowed redirection of domain instead of pointing to the direct domain unless I purchased their plans. Additionally, I can’t install plugins.

After writing and blogging for few months and some research, I realized that it is better for me to move to wordpress.org. Better to pay for self-hosting and domain such that I can have more functionality and the options to install plugins.

Hence, on 28 November 2022, I have moved my site from wordpress.com to the current site with wordpress.org. For those who are interested, you can read New Life – Reborn of The Careyourpresent Site.

Ad Income

Since hosting and domains cost money, I thought that I can apply for Google Adsense for some ad income to cover the cost too. I understand that the income will be very small as compared to the effort (hours) put in to write the articles, but it is better than nothing. It’s always good to cover some cost!

Short Review about Google Adsense

In case you are not aware of what is Google Adsense. Let me share a bit about it.

Google AdSense is an advertising network. The AdSense program allows monetization of website content, which means you earn money when someone clicks on the links on your site, not when they buy something from the other site.

The Ads that appear on Google AdSense are targeted with keywords so that they are relevant to your site’s content, which means they will always be relevant and never look spammy or annoying. You don’t have to sell products or services on your site; instead, the ads will generate income for you.

Why Google Adsense?

There are many advertising companies in the market but why did I choose Google Adsense?

Firstly, as a newbie to web hosting and advertising, this is one of the most common platforms that I have heard of. I have read up on some other companies but the pageviews are too high for my case. I must continue to work hard and write good articles. Of course, I have tried to apply to other companies too, maybe I will share more in future after I get my approval.

The application process

After migrated my site over on 28 November 2022, I went on to apply Google Adsense. I tried a few times since December 2022 but keep getting rejection with the reason(s) given mostly as low value content, violation of some contents etc.

However, I just continue to write and never give up. I reviewed my contents and make sure the contents are unique and of high quality. After searching online, I realized that the site needs to put up privacy and disclaimer policies, about us, contact information clearly etc. Each article should be around 1000 to 1500 words.

On 17 Feb 2023, I reapplied again and finally on 18 Feb 2023, I got this!

Conclusion

This is a relatively shorter post. Usually, I would write least 1000 words and above, but this article is only close to 1000. However, I just wanted to be transparent and let readers know that I have applied and obtained approval from Google Adsense. That’s why you started seeing Ads in this site few days ago. Please continue to visit my site. I hope the contents are useful to you. Do comments and share your views too.

Anyway since Saturday, to be utmost transparent, the ad income is 4c. It’s a good start although far way lesser than my daily dividend/other income.

Lastly, I hope to end this post saying that we should live every day to the best of our life and stay positive. Please live as though every day is your last.

Market will start to get volatile, stay safe and be happy.

Good articles that you should read!

People are drawn to dividend investing.

Why? Firstly, dividends provide a regular stream of income, allowing investors to receive a portion of the company’s profits on a periodic basis. This can be particularly attractive for individuals seeking consistent cash flow or looking to supplement their existing income. Additionally, dividend investing is often viewed as a more stable and predictable investment strategy compared to relying solely on capital appreciation.

I always write and share articles, especially on dividends which many people love them. Do read them!

Alternatively, you can go the right side of my page, there is a search bar where you can simply search “dividend” to see all my articles related to dividends!

Of course, you can search for other things that would interest you such as “Careyourpresent”, “Reits”, “Side Hustles”, “Fixed Incomes”, “Savings” etc.

CAREYOURPRESENT

Money just buy you the chance of freedom.

When you are young and working, you exchange time for money. When you are old, you can have lots of money but you can’t buy time back, especially the things that you have missed while busying striking out in career. Of course, if you love your career, and consciously know that you are missing out the first time your child walk or talk, that’s ok, but if you are the other spectrum, please do something about it.

Your kids grew up and they no longer need you to accompany them. They no longer want to sit on your lap to share/do things with you…all these time you spent in your 9 to 6 or even longer cubicles…can the money that you have earned by you back these?

We always thought we have more time with our old parents, but we are wrong. Time with them is ticking away every day. One day it will suddenly be gone. There is no regret medicine, no reset in time. Gone is gone and cannot come back. No matter you are billionaires or millionaires, you cannot reset this.

We always thought that we have more time with our spouse every day, but we are wrong. One day they will be gone too. When you read this, please go tell your spouse that you love him/her and he or she is the best thing that you ever had in your life.

I have picked out some of the more life reflecting articles of the CAREYOURPRESENT series. Do read them:

You can read more about my articles on Careyourpresent via the Category “Careyourpresent” or simply click “Careyourpresent” via the main menu bar.

REMEMBER:

Love your life daily.

You have one less day with your spouse, parents, children and yourself.

Time is ticking away.

For each passing day,

Enjoy and Treasure your Life!

For those who are interested in regular updates of my articles, please join the others to sign up for my free newsletter to has my newest blogposts sent to your mailbox for free!

For real time exclusive updates on market news/life (especially Crypto markets where the news move fast, important news will be shared directly via tweets or telegrams), do also join the platforms below and engage with other like-minded people!

You may also contact me via [email protected].

If you’re looking referral codes, do check out my referral and ebook page. Give it a try and who knows? You might end up loving these platforms! To be absolutely fair to all the readers, I am definitely using all these companies and they are useful to me! Likely will be useful to you too!

At the same referral and ebook page, you can also download my free ebooks and other free resources.

For quick references to these resources, you can see below.

  • Ebooks and other useful resources on enhancing productivity (Investment, Excel, Notion etc). Currently most of it are free at this moment (subject to change).
  • WeBull: A powerful brokerage with nice free welcome gift. You can refer to my guide here on how to signup! 4 Simple step only! Click here to register a new account!
  • MoneyOwl: You can use this 6SHU-93MC to get free grab vouchers and highly safe liquid cash fund account.
  • Trust Bank – You will enjoy free FairPrice E-Voucher referral if you sign up via my referral code KNDBPEPT. Simply download the Trust Bank SG App on the App Store or Google Play Store. Tap on “Use referral code” immediately after you start the app and key in: KNDBPEPT
  • FSMOne: P0413007. Good account to keep liquid cash in autosweep and to purchase investment at low fee.
  • Hostinger: You can use this link for hosting your new website. 20% off hosting!
  • Crypto.com: Use my referral link https://crypto.com/app/h92xdfarkq to sign up for Crypto.com and we both get $25 USD 🙂

Side Hustle Review on how much I have earned – Rakuten Insight Surveys

Posted on by careyourpresent

Introduction

I have been sharing on earning income other than your typical 9 to 5 income. One of the ways that I have shared before is doing online surveys. I shall keep this post short and sweet and share with people how much they could earn with surveys.

With the rise of the gig economy, it’s never been easier to earn extra income from the comfort of your own home. One popular option is completing online surveys, which can be a great way to supplement your main source of income. With a little effort, you can start earning money simply by sharing your opinions. I’m going to share my experiences with you, explain what I’ve seen and how much I have earned so far from using Rakuten Insight Surveys.

I’ve been using Rakuten Insight Survey for a few months now, and I love it!

Rakuten Insight Surveys is a survey website that pays you to complete surveys. You can earn money by completing surveys on your phone or computer, and there are plenty of them available! I started this survey side gig few months ago around Nov 2023. There are a couple of surveys every few days after you have created your profile.

I’ve been using Rakuten Insight Survey for a few months now, and I love it!

It’s easy to use and I have never had any problems with it. You can set up your account in just a few minutes, and then they send you surveys through email that you answer within 24 hours (or they will send you another one). The surveys take only 5-10 minutes of your time, but do they pay well?

About Rakuten Insight Surveys – How much I have earned?

I started this side gig around Nov 2023, hence it has been around 3 months. There are a couple of surveys every few days. How much I have earned? You can see the screenshots below – total $35 for 3 months. I have been changing the points for eCapitaVoucher (S$5 with 75 points). For each survey that you do, you will get between 1 to 25 points. Of couse you can exchange it with groceries/grab vouchers if you like. I use eCapitaVoucher because I can simply add it to my Capitastar App with 1 year expiry. I like to keep things simple 🙂

Worth it? Yes! I think so, the efforts are minimal and extra money why not? I always do these surveys leisurely when I am free. Some money from minimal efforts!

A Few Things You Should Know Before You Get Started

Before you get started, there are a few things you should know:

  • You need to be 18 years old to participate in this survey.
  • You will need a Rakuten account (if you don’t already have one) and an internet connection. If you don’t have a smartphone, no worries! The surveys can be completed on the desktop version of Rakuten Insight Surveys as well.
  • The surveys are conducted via text message or email depending on which option is available for each survey. You’ll receive instructions about how much time is required for each survey after logging into your account.

Conclusion

I love Rakuten Insight Surveys! It’s a great way to earn extra money on the side, and it only takes about 10 minutes per day. I highly recommend this app if you’re looking for something new or just want to make some extra cash every month.

Do sign up Rakuten Insight Surveys if you are keen to earn some money on the side! It’s not tremendous amount of money, but in this world with high inflation, every small money helps!

How to earn passive income using options

Posted on by careyourpresent

Introduction to Options

When it comes to earning passive income, options are one of the best ways to get started. But before you dive in and start buying and selling stocks and other assets, there are a few things you should know.

Options in short are like insurance where an investor buy/sell call/put options while paying/receiving the option premium.

Many people have heard of options from YouTube, social media etc that options allow you to generate “passive income”. One just need to learn and join their courses to get passive income etc.

This article will cover two popular methods for earning passive income using options trades: covered calls and covered puts.

Selling Covered Calls

Selling covered calls is a way to generate income from your portfolio, but only if you use them correctly. Let’s start with the basics: what are covered calls?

A covered call is when you sell an option(s) that would covers owns an equivalent amount of the underlying security that the investor already owned. In the process, the seller will earn a premium from the buying.

The investor for example holds 100 shares of XXX, he or she can sell 1 call option (=100 shares) of XXX which will expired at a specific expiry date with a strike price. In the process, the investor earn an income premium (some sort like insurance writing).

At the expiry date, if the price of the underlying security is above the option’s strike price, the seller of the option has to sell the 100 shares at the strike price if the buyer of the option chooses to exercise the option. The seller will have to forgo the price gain of the security above the strike price. Conversely, if the price drop below the strike price at the expiry date, the buyer likely will not exercise the option, the seller will thus profit and gain free premium (“passive income” while holding the security).

It sounds like an easy way to make money, but the execution is really not that easy. It is not that “passive” at all.

Selling Covered Puts

Selling covered puts are a way to make money when you think the stock price will go down. A covered put is an option that gives the holder permission to buy shares of a stock at a certain price, with the obligation of paying for them if they’re exercised.

To give you an idea of how this works, let’s say that YYY stock is trading at $100 per share and someone sells one month out from expiration (1 pull option) 100 shares of YYY with a strike price set at $95 per share. If the expiry price is below $95 (e.g. $90), the seller of the option get to purchase the 100 shares at $95 even though the market price is $90. If the expiry price is above $95 (e.g. $100), the buyer of the option will likely not exercise the option, hence the seller of the option will pocket the premium.

This is like a good to cancel order that most investors are aware of – just put the queue at the price you want to buy but there are other risks involved.

You might be wondering how you can get started with options trading. Here are some tips:

  • Understand the basics of options trading.
  • Options are traded on many different exchanges around the world, but they all work pretty much the same way.
  • For example, there are call and put options that allow you to buy or sell an underlying asset at a certain price within a specified amount of time (usually 30 days). The key difference between these two types of trades is whether the seller pays up front for their option—which means they’re assuming risk—or if they do so later in exchange for compensation from whoever buys their contract first.
  • Be aware of fees associated with each type of trade before making any decisions about whether it makes sense for your portfolio.
  • Know which brokers offer lower commissions than others when buying/selling into/out, this will help keep your costs down while still providing access to markets anywhere in world!

Conclusion

As you can see from the above, there are many options available to investors looking for passive income using options trades. It is important that you fully understand them before you begin trading and have a sound plan in place to ensure that your risk is minimal while still generating the expected return on investment (ROI).

In real application, it is not as simple as it seems. I would not recommend any investor especially newbie to use options to generate passive income, moreover attend course and pay people to learn options (you are making them rich, not yourself). This is just an article so share some basic about using options to generate “passive income”.

There are many other considerations that one need to know before doing options. Most people should do better with index Etf investing. Those more adventurous can try dividend investing, growth investing, value investing or the Cryptocurrency if one is even more adventurous.

The two options methods discussed above are popular, but they aren’t the only methods available to investors seeking passive income using options trades. As with any investment strategy, it is important to fully understand how all the various options work and have a sound trading plan in place before you put any money on the line.

9 ways to generate passive income

Posted on by careyourpresent

Passive Income

Passive income is a large part of the world’s economy, so it’s no surprise that there are many ways to generate passive income. Many people also like this idea of passive income which helped you to generate extra cash flow that are more passive in nature. In this blog post, we’ll cover 9 different ways you can earn money without having to work for it yourself.

1 Savings Account/Fixed Income

A savings account is the most common way to generate passive income. You can get interest from a savings account, but you may want to consider opening an online savings account or money market account if you don’t want to deal with paper statements and checks.

To open a regular savings account at a bank:

Check out your local banks. You may be able to open a savings account with as little as $100, but many banks require at least $1,000. Some online banks have lower minimums and don’t charge maintenance fees or other types of fees like brick-and-mortar institutions do.

Treasury Bills/Bonds are also good way to generate more interest.

2 Dividend Stocks

Dividend stocks are companies that pay dividends to their shareholders. Dividends are a portion of a company’s earnings paid out to shareholders, and they can be paid in cash or stock. Dividends can also be reinvested back into the company, which means you get more money for your investment!

Dividend stocks are not as popular as other types of investments like mutual funds or ETFs (exchange-traded funds) as not many are savvy enough to pick the right stocks, but they do have their advantages:

  • You don’t have to worry about market timing because these companies pay out dividends every quarter; this means that there’s less risk involved when you invest in them because it won’t fluctuate wildly like other types do during times when investors panic and sell off their holdings rapidly due to fear or uncertainty surrounding an event happening around them (such as wars).

3 Create an e-book

It’s not always easy to get people to buy a product, but e-books are one way that you can make money from your content. If you have a knowledge or experience that can be packaged into an eBook, consider writing it and selling it online as well as through traditional channels like Amazon and iTunes or even in your own blogs.

In addition to creating something valuable for readers, make sure you write in a way that makes it easy for them to read and value add to them! You want your book to be enjoyable enough so that people finish reading it without having any problems understanding what happened in the ebook.

4 Create a course

If you are passionate about something, teach it! For example, I know how to build websites and make them look good (and I’m not just talking about WordPress), I created a course on how to build websites using WordPress. It’s been really successful because people have been able to take my knowledge and apply it in their own businesses or lives without having any technical background at all.

Create content that will help others as well as yourself: One way of generating passive income is by creating content that will benefit both yourself and others around you – this could be anything from writing articles on topics that interest you personally but also relate back into your own business goals (such as blogging), maintaining social media accounts where relevant information can be found.

5 Write a blog

Blogging is a great way to generate passive income. There are many different types of blogs and each has its own unique purpose. For example, if you’re interested in making money from your blog, then you can possibly create a monetized blog that focuses on affiliate marketing.

If you don’t want to focus on affiliate marketing but instead want to build up an audience for your personal writing style and interests, then another option is starting a lifestyle or personal finance blog where other people will find value in what they write about (for example: recipes).

To start making money from one’s own content via blogging:

  • Write high quality content that relates directly back into the reader’s life experience (this may mean going outside of their box)
  • Be consistent with posting regularly every week/monthly depending upon how fast things move along at work/school etc., usually once per week during off hours especially if there are no interruptions
  • Then you can apply to advertiser like Google Adsense to earn ad income

Get your name out there by commenting on other people’s blogs and leaving links back to your own blog. This is a great way to build relationships with other bloggers and establish yourself as an authority in your niche.

6 Rental Income

  • Rent out your home. If you have a large house or apartment and are looking for cash, it can be lucrative to rent out the space in your house. For overseas, you could also run Airbnb-style apartments if you would like to stay at one location and earn some extra income from the people who visit.
  • Rent out rooms in your house (or other property). If you have extra rooms that aren’t being used at all, consider renting them out.
  • Rent out cars and boats as well as tools such as lawn mowers and trimmers)! Anything can be rented out as long as there are demands for it! All these items can be easily listed on websites eBay.

7 Invest in a REIT

Invest in a REIT. A REIT is a real estate investment trust, which is similar to mutual funds, but with a structure that allows them to pay dividends to shareholders. The most popular type of REITs are those that own apartment buildings and other rental properties, as well as shopping malls and office buildings. They typically invest their money in low-risk debt or high-quality assets (such as residential property) rather than risky stocks or bonds. This can be an attractive option for investors who want exposure to the stock market without taking on any risk themselves—and it’s often much better than investing directly into individual stocks or bonds! In Singapore context, REIT is one of the most popular solution! However, we have to take note of the potential for rights issue.

8 Staking in Cryptocurrency

Staking is a high-risk/high-return investment. If you’re looking to make money, staking is not the best option for you. However, if you want to generate passive income and are willing to take on some risk, then there are many ways that you can earn money through staking via DeFI sites.

9 Affiliate marketing

Affiliate marketing is a process in which you promote other people’s products or services and earn a commission from it. The best way to get started with affiliate marketing is by finding an opportunity that fits your niche, then promoting it on social media platforms like Facebook and Reddit. You can also create content around the topic of the product you are promoting so that people who are interested in buying it will be able to find out more about it through your posts.

Once you’ve found an opportunity that feels right for you, all that remains is promoting! There are many ways of doing this: creating YouTube videos (which we’ll cover later), writing blog posts about how amazing this particular product is…the possibilities are endless! Just remember: if someone else has done most of the work already – then just follow their lead!

Conclusion

In short, there are many ways to generate passive income on your own. You can start by saving some money every month and invest it in the stock market or bonds. If you are not planning on leaving your job anytime soon, then you may want to consider investing in a REIT or rental property instead of a lump sum investment like stocks. These two options will give you a steady stream of income without requiring any managerial skills whatsoever! And lastly – affiliate marketing programs are an excellent way for new internet entrepreneurs looking for extra cash flow while building their brand at the same time!