Cashflow over clout.
I'm an entrepreneur in Thailand who got obsessed with stacking dividends, bond income and seasonal cashflow instead of chasing hype.
Wealth Goblin is where I log the goblin grind: what I'm buying, how I'm building runway and how I'm trying to buy back years of my life.
What the Hell Is a Wealth Goblin?
Four rules for quietly hoarding boring yield
Boring Income > Shiny Speculation
I like things that spit out cash regularly: dividends, rent, bond income. We don't chase yield blindly - we look for years of history, reliable payouts, and funds that have weathered storms.
Freedom Date > Lambo Date
I care more about "what can I choose to do?" than "how expensive can my car be?" Idleness is a disease. Freedom is choosing your work.
Research Before Conviction
Every holding must have a proven track record. Battle-tested through COVID, rate hikes, market chaos. The Income Factory approach: research extensively, then let it compound.
Just a Labor of Love
No course. No PDF. No funnel. Just my journey and a funky alter ego I can cosplay as to keep my privacy while sharing what I learn.
"If it doesn't pay me while I sleep, I'm not impressed."
Read the Full Manifesto →The Goblin Dashboard
Four pillars of the dividend machine. Real numbers from the cave wall.
LGEN
Legal & General
Future additions selective on dips only
SMIF
Select Monthly Income Fund
June LGEN dividend ringfenced to complete 100k target
RECI
Real Estate Credit Investments
First buy imminent, targeting April dividend payout
NCYF
CQS New City High Yield Fund
More details once position is opened
Payment Calendar
Income streams by month - smooth income beats lumpy income
Freedom Countdown
"Income as insurance - work becomes optional when passive income covers your lifestyle."
Concentrate to build. Diversify to protect.
The Income Factory approach: research extensively, buy battle-tested holdings with years of history, then let the dividend machine run. This is the nerd cave wall - updated manually when positions change.
The Money Printer
Breaking down passive income into bite-sized dopamine hits.
Obviously this doesn't account for market hours, dividend payment schedules, or the fact that I'm probably asleep.
But it's a fun way to visualize compound interest at work. The money printer goes brrr even when I don't.
The Diversification Phase
Building the four pillars of the dividend machine
SMIF Hoard
Status: June LGEN dividend ringfenced to complete 100k target. No further action required - the monthly income backbone runs itself.
Active Builds
The Income Factory Approach
Inspired by Steven Bavaria's The Income Factory - the philosophy is simple: build a diversified portfolio of income-generating assets that pays you consistently, regardless of what the market does.
- →Years of history: Every holding must have a proven track record
- →Reliability: Consistent dividends through market cycles (COVID, rate hikes, etc.)
- →Stability: We research extensively before adding any position
Why Diversify Now?
Income as Insurance
A real example of what income freedom looks like in practice:
The Premium Gym Membership
- •5-star hotel facilities (pool, sauna, steam room)
- •5pc laundry per day included
- •1 hotel night per year
- •1,000 THB restaurant credit per month
A significant annual expense that's crucial for wellbeing and productivity.
3x SMIF payments cover it completely.
"The fact I can pay it without thinking is such a relief."
This is what income freedom looks like - not Lambos and mansions, but the peace of mind that your lifestyle is covered by passive income.
"Concentrate to build. Diversify to protect."
The SMIF speedrun is complete. Now we build the rest of the machine.