Comments on: Year-to-Date Net Worth Change by Category and Passive Income Update

By: Your Financial Hub » Blog Archive » Year-to-Date Net Worth Change by Category and Passive Income Update

Fri, 12 Jan 2007 03:29:33 +0000

[...] Year-to-Date Net Worth Change by Category and Passive Income Update From what happened to our net worth so far this year, 2006 will turn out to be a great year, though we still have one month to go. Compared to what we had when 2006 began, our net worth at the end of November has increased nearly 44%. Unless the stock markets take a big [.] (more) [...]

By: Amazon Sale Quick Update and Why I Choose Amazon over EBay - The Sun’s Financial Diary - Accumulating wealth is like building The Great Wall, one brick at a time

Thu, 21 Dec 2006 15:19:39 +0000

[...] Early this month, when I listed the proceeds from Amazon sales as part of my year-to-date passive income, I was asked why I prefer Amazon over EBay. The main reason I choose Amazon is that they offer free listing for up to two months. There's no listing fee and I only pay the commission when the listed item is sold. If after two months an item doesn't find a buyer, I can relist it again for free. Since I am not a heavy seller (the chance of having seven for sale at the same time is rare), I prefer the long listing period so I don't have to constantly monitor the status. In addition: [...]

By: The Sun

The Sun — Thu, 07 Dec 2006 02:49:47 +0000

Lazy Man & 2million: Indeed passive income in the future is as important as, if not more than, active income we have now. By the time when all our active income such as salary stops, the only income we can rely on may be the passive income generated from stocks and mutual funds after all decades of accumulation. At present stage, this part is not significant, but we hope at some time in the future, it could be big contributor to our retirement. Of course, when you have 2 million, the passive income will be very significant.

I haven’t seen many people tracking passive income so far (Lazy Man you are the one), probably because it’s only a small part in the net worth equation.

By: The Sun

The Sun — Thu, 07 Dec 2006 02:21:50 +0000

Bob & John: The main reason I favor Amazon over EBay is that listing on Amazon is free for up to 2 months. Since I am not a big seller and don’t usually have a lot of stuff to sell, the free listing feature is kind of important to me, though the commission Amazon charges is quite high (for some items such as books, it could be more than 10%). Another is that I don’t need to create any description for the item I listed on Amazon, making selling a little easier. I never tried EBay, but I heard you do need to create some description for the product.

By: 2million

2million — Thu, 07 Dec 2006 01:06:57 +0000

I track passive income too – truthfully its more important to me than my $2 million goal. Once the year ends I’ll being a tally as well.

By: Lazy Man and Money

Lazy Man and Money — Wed, 06 Dec 2006 21:24:08 +0000

That’s a very nice breakdown. I’m glad I’m not the only one who really keeps track of passive income. Although I cheat by using “alternative income streams” to cover anything that I earn from my job.

By: John

John — Wed, 06 Dec 2006 20:30:55 +0000

Impressive net worth gains. I sell on Amazon as well as half.com and ebay. If haven't already investigated them, I'd recommend finding the best price for your sale. Keep it up! The Financial Ladder

By: Bob

Bob — Wed, 06 Dec 2006 20:22:14 +0000

Why do you prefer selling in Amazon over Ebay ?