Comments on: Year-to-Date Net Worth Change by Category and Passive Income Update http://www.thesunsfinancialdiary.com/about-me/year-to-date-net-worth-change-by-category-and-passive-income-update/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: The Sunhttp://www.thesunsfinancialdiary.com/about-me/year-to-date-net-worth-change-by-category-and-passive-income-update/#comment-498 The Sun Thu, 07 Dec 2006 02:49:47 +0000 http://www.thesunsfinancialdiary.com/2006/12/06/year-to-date-net-worth-change-by-category-and-passive-income-update/#comment-498 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. 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 Sunhttp://www.thesunsfinancialdiary.com/about-me/year-to-date-net-worth-change-by-category-and-passive-income-update/#comment-496 The Sun Thu, 07 Dec 2006 02:21:50 +0000 http://www.thesunsfinancialdiary.com/2006/12/06/year-to-date-net-worth-change-by-category-and-passive-income-update/#comment-496 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. 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: 2millionhttp://www.thesunsfinancialdiary.com/about-me/year-to-date-net-worth-change-by-category-and-passive-income-update/#comment-493 2million Thu, 07 Dec 2006 01:06:57 +0000 http://www.thesunsfinancialdiary.com/2006/12/06/year-to-date-net-worth-change-by-category-and-passive-income-update/#comment-493 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. 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 Moneyhttp://www.thesunsfinancialdiary.com/about-me/year-to-date-net-worth-change-by-category-and-passive-income-update/#comment-489 Lazy Man and Money Wed, 06 Dec 2006 21:24:08 +0000 http://www.thesunsfinancialdiary.com/2006/12/06/year-to-date-net-worth-change-by-category-and-passive-income-update/#comment-489 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. 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: Johnhttp://www.thesunsfinancialdiary.com/about-me/year-to-date-net-worth-change-by-category-and-passive-income-update/#comment-487 John Wed, 06 Dec 2006 20:30:55 +0000 http://www.thesunsfinancialdiary.com/2006/12/06/year-to-date-net-worth-change-by-category-and-passive-income-update/#comment-487 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! 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!

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