It is most Singaporeans dream to retire at the age of 45. However, most of us aren’t born into a rich family.
Plus we should not solely depend on our CPF for retirement either.
If you are looking for ways to grow your money…
Here are 3 of the best ways to earn passive income in Singapore.
Investing is a valuable skill to learn and it is also part of the cashflow quadrant from the book “Rich Dad, Poor Dad”.
When we talk about buying stocks, many people have the misconception that you have to monitor the charts for hours at a time, actively buying and selling. That is called trading.
Value Investing is totally different ball game whereby you buy into undervalued stocks at a price below its intrinsic value.
2) Property Investment
Due to land scarcity in Singapore, you can earn passive income from the rental of your property.
However, buying a property requires a huge starting capital and your investment will be considered illiquid due to certain government policies.
3) Starting a Business
For most Singaporeans, the uncertainty of starting a business would scare the hell out of them.
No monthly paychecks, no CPF with no guarantee of success would seriously deter most Singaporeans.
However, nothing great is achieved without taking a leap of faith.
All the methods listed above require a large amount of starting capital. But what if there was a way to generate passive income in Singapore the easy way?
I’m about to share with you one of the business models that has helped me to generate a 5 Five figure passive income and that involves Amazon.
And here’s why I love this business model:
1) You do not need any special knowledge or experience
2) You just need 1 hour per day
3) No shipping or handling/inventory involved
4) Most of the hard work is done for us
This is why I named this business the “Passive Income Creator” Business
You Can Be Part Of This Business too!
I wish to share my experience with you in greater detail and show you a step-by-step blueprint to start your own passive income business for yourself. Simply click the link below and be ready to start your own passive income business!