It’s been 95 days since the last article in the Don’t Gamble with Retirement series (part 1, part 2, part 3, part 4). Over those 95 days, I have written 120 articles, plus created books and covers for each piece.
It’s been a fantastic ride and one I look forward to continuing for the next 30-40 years. That’s why I love writing; it’s something I can do at any time and place. Having this freedom of movement is where I am heading in life and retirement.
New processes. During the last 120 articles, I transitioned my new content to books I can give away for free on my website Military Family Investing. I still publish every book to Amazon, but I cannot enter them into the Kindle Unlimited program.
However, every month I release a few books under the KU program. I can’t give these away because of exclusivity rules, but this allows my audience on the KU side of the house to get fresh content. I also release the Financial Independence Magazine books under KU every single week. I am now on issue #51.
I am beginning to see some movement within my community—new interest and readership. It’s exciting because I am just an average guy who committed himself and his audience to write 1000+ words every day. Wow, those words add up quickly.
The power of compounding. The book “The Compound Effect” by Darren Hardy talks about the power of compounding. Every word I publish and book I create is a new chance to touch a new person.
My first 100,000 words may not touch this person, but maybe a combination of words number 100,001 through 101,000 can make the most significant impact on them. We are all waiting for that spark that pushes us to make a move to build passive income.
Passive Income. Passive income should be your new word for retirement. We should focus on income, not building a massive nest egg. Passive income is fluid, as well as our retirement planning.
Each income stream we build takes time and education but rewards us with uncorrelated returns for our portfolio. Uncorrelated means that every income stream reacts differently to worldly forces.
For example, my dividend portfolio may tank if we go into another lockdown/pandemic mandate. However, my cryptocurrency portfolio may rise. Also, more people will start a home business, e-commerce, content creation, or writing blogs. Luckily, I have books in all of these categories.
That flexibility is the power of passive income and education. The core values of passive income are self-education, self-motivation, and self-dedication. Using these values together ensures our wealth and the wealth of our family.
Getting started. If you are just getting started, I recommend that you go back and read all the prior Don’t Gamble with Retirement Series. Part 1 and Part 2 are on Kindle Unlimited. I proudly offer part 3 and part 4 (and, of course, Part 5) for free download on my website.
Don’t Gamble with Retirement (Amazon)
Don’t Gamble with Retirement 2 (Amazon)
Don’t Gamble with Retirement 3 (Free PDF)
Don’t Gamble with Retirement 4 (Free PDF)
These are huge books, but necessary. If you can finish them all (which 90% of people cannot), then you are well on your way to starting your passive income journey. You will need to train yourself to read to succeed with passive income.
Conclusion. Welcome to the Don’t Gamble with Retirement series. Every time I write these articles, I know that I have poured my heart and soul into words and art. It takes about five hours to create an article and book. So 120 articles equal roughly 600 hours. It takes approximately 10,000 to create an income stream.
I am slowly becoming an expert at this game. But, every week I read a new book. Reading has helped me grow my wealth and improve my mindset. I am lucky to have the best wife in the world who lets me write until my heart’s content.
You may not become a writer, but something will draw you into its realm. Maybe you become a wine investor or sell covered call options—the choices are limitless.
Whatever you choose to do, make a move starting today. The only bad action is inaction. Thanks for reading, and see you next time!
- PDF of the Month: Financial Independence through Real Estate 2 (Free 123-Page PDF)
- Free PDF Downloads: Download FREE PDF books here (Twitter Link)
- Financial Mindset: Become CEO of Yourself (book)
- Retirement Planning: Don’t Gamble with Retirement 3+4 (696-Page Free PDF)
- Investing: How We Plan to Retire on Dividends 2 (165-Page Free PDF)
- Cryptocurrencies: The Magic of Cryptocurrencies (Free PDF)
- Real Estate: Real Estate is a Mindset (Intermediate) (Free PDF)
- Business: Retire Rich, Retire Comfortable with a Business 2 (Free 185-Page PDF)
- Everything!: The Biggest Book on Passive Income Ever! (book)(Web Edition)(Art Edition)
- I bought a Kindle Oasis: Check it out Amazon
- Read My Books for Free: Free Kindle Books Schedule
- Sign up to Access our “Hidden” Free Kindle Book Schedule
- Kindle Unlimited: I Why Finally Subscribed Kindle Unlimited (learn more)
- Book Reviews: 54 Takeaways from 54 Books (book)
- Want to Build Passive Income from Books and Affiliate Marketing? (Learn here)
- Writing: Can Grammarly Make You a Better Writer? (direct)
- My Favorite Chromebook: The Ultimate Chromebook (direct)
- Follow us: On our Facebook Page and Join our Facebook Group
- Amazon Author Page: Check out my author page on Amazon
- Monthly Dividend Planner: Check it out on Etsy
New Year’s Passive Income Resolution 2022: Article (Amazon Book)
New Year’s Passive Income Resolution 2022: Blank-Lined Notebook (Amazon)
Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article. All Right Reserved Military Family Investing
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