tag:blogger.com,1999:blog-37872616.post5139455903911603077..comments2024-03-29T01:03:31.291+08:00Comments on BULLy the BEAR: Unstable income stream from tutoringla papillionhttp://www.blogger.com/profile/01372278083694506953noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-37872616.post-86414861405803939182010-03-04T23:46:57.719+08:002010-03-04T23:46:57.719+08:00Hi LP,
I don't deserve. Still feel bad for no...Hi LP,<br /><br />I don't deserve. Still feel bad for not planning and executing the unit oppposite. <br /><br />It was 140k, now renting at 3200, 27% yield. Could have been your passive income. <br /><br />Need to spend more time reading, thinking, planning and executing.<br /><br />Cheers to days ahead!<br />hhAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-37872616.post-8488186520945066502010-03-04T23:09:17.289+08:002010-03-04T23:09:17.289+08:00HI FF,
Actually I don't mind the volatility. ...HI FF,<br /><br />Actually I don't mind the volatility. I'm just saying that a person jumping into this line have to be aware of it. <br /><br />Agency is not really my cup of tea. I detest them in general, and have not been using their services since my first year. Bad experiences.<br /><br />Anyway, I'll stick to my main weapon - tutoring. I think I can do that with more joy than calling someone up to connect them. It's not quite my personality.<br /><br />Thanks for the suggestion though, you might want to look into it yourself :)la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-55947096570300742232010-03-04T23:07:15.197+08:002010-03-04T23:07:15.197+08:00Hi HH,
Thanks for sharing your experiences :)
I ...Hi HH,<br /><br />Thanks for sharing your experiences :)<br /><br />I always tell jade that you should be her role model, as you all do quite the same stuff in general.<br /><br />Actually I didn't mention it, my career wouldn't have become what it is now if not for your guidance. Take this opportunity to thank you :)la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-30364325329765180762010-03-04T23:05:33.558+08:002010-03-04T23:05:33.558+08:00Hi mw,
Actually I'm fine with the unstable in...Hi mw,<br /><br />Actually I'm fine with the unstable income. Just need a little planning that's all. It probably makes me a better manager of money than most pple, I'll say.<br /><br />Not for everyone, I always say.la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-20265603103829387692010-03-04T15:51:34.140+08:002010-03-04T15:51:34.140+08:00Hi LP,
Really good piece of posting here. Good f...Hi LP,<br /><br />Really good piece of posting here. Good for you to share the pros and cons of being a full-time tutor.<br /><br />I guess the difference is that you are relying solely on this source of income so the volatilty impacts you more.<br /><br />How about setting up a tuition agency? Do a good website and just match students to tutors. The agency that I used to get my first student basically just called me twice and it is hard to imagine that just by making a few phone calls, they actually earn half of my first month's pay. Really good money for them!<br /><br />Cheers,<br />FFfinanicalfreedomhttp://sgfinancialfreedom.blogspot.comnoreply@blogger.comtag:blogger.com,1999:blog-37872616.post-89290337792764441622010-03-04T14:56:10.923+08:002010-03-04T14:56:10.923+08:00Hi LP,
When I was a trainer, my stable income com...Hi LP,<br /><br />When I was a trainer, my stable income comes from the academic evening classes. They are plentiful and all year round as I was teaching several subjects. <br /><br />All training courses are by individual contract. The stability comes from big organisations, esp the stat boards which budget the entire year for that course.<br /><br />During insurance days, the stability comes from general insurance contracts, PA, Fire, Motor,which are flat commissions year after year and renewal of commissions from life and endownment. They covered my car and entertainment expenses. :)<br /><br />All these while holding a job, which provided CPF for my flat until training contracts were plentiful then i quitted. <br /><br />Altogether 5 sources of income then: 4 active and 1 passive. My aim was to increase the passive and lower the active over the years. and that was what I did.<br /><br />I am on the look out to rent the tuition center as soho -- that will generate positive cash flow with good yield. No hurry though..<br /><br />As self employed, there are more planning to do :) <br /><br />Cheers!<br />hhAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-37872616.post-62565382767104838562010-03-04T01:50:14.281+08:002010-03-04T01:50:14.281+08:00Yep LP,
The income is unstable, that's a fact...Yep LP,<br /><br />The income is unstable, that's a fact for tuition. I guess for myself, I prefer a much more stable income stream and I use tuition as part-time supplement for this income. Investments make up the rest of the passive income.<br /><br />Cheers and Regards,<br />MusicwhizMusicwhizhttps://www.blogger.com/profile/10950754156386935254noreply@blogger.com