Author: kingmarine
Income for Retirement: Understanding Closed-End Funds
Throughout our working lives, we depend on income to sustain our lifestyles. Why should things be different during retirement? No matter our age, we must pay bills, purchase food, and allocate resources for travel; these things will never fade away. Therefore, we need to create a consistent paycheck to match or exceed our monthly expenses—enter…
Pursue Your Creative Career with Dividends as a Backdrop
Our hearts crave creativity and expressing ourselves in the public eye. As kids, we loved to paint, color, and write; we loved to dream. As we grew older, the world became about earning money and finding a career we could use to support ourselves. I spent 24 years in the military, a great profession indeed.…
Income for Retirement: Understanding Preferred Shares
Retirement comes for all of us; whether we prepare appropriately for it is a different story. But we all have time to ensure our income is sufficient to last our entire lives. The first step to living a great retirement is determining how much income you need. Then, you can choose the instruments that best…
How to Determine Your Bare Bones Budget: The First Step to Living on Passive Income
The single most essential part of retiring early comfortably is determining your Bare Bones Budget (BBB). Without a BBB, you’ll always feel you must work to pay all of your bills. What is a Bare Bones Budget? A Bear Bones Budget is the minimum amount of money your household needs to thrive every month. Notice…
Who is a Better Steward of Your Time? You are Your Boss?
When did we become a society of followers? I understand that every community needs leaders and followers, but each household in America has a certain level of freedom. I have been fully retired for a month, and people cannot understand how I spend my time. Even worse, they say they need their job to keep…
Your Wealth is Your Choice: You Have More Control Than You Think
We are moving towards scary times. Student loan payments are returning, rents are increasing, home insurance is sky-high, and food costs are outrageous. The world is applying pressure to the average American household, and things may look bleak. What’s the typical American supposed to do to beat the odds? When all else fails, return to…
Writing: I Retired to Start My Dream Job
Now that I am fully retired, I have time to reflect on the journey that got me here. It’s been a long road (24 years in the Marine Corps), but well worth the wait. Besides my wife, perhaps the most essential part of my path has been writing. Writing forced me into uncomfortable situations and…
Side Hustle: The Gig Economy vs. Entrepreneurship
We are moving into hard times and must all find ways to make extra cash. However, we need to be very intentional with how we spend our time. The term “side hustle” can mean many things when it comes to making money outside of your regular job. I want to explore which type of side…
To Change Your Life: You Must Change Your Life
“It’s about the journey, not the destination.” Have you ever heard that quote before? What does it mean to you?’ I only understood what it meant once I began my passive income adventure. My wife and I have come so far over the last 4.5 years. How did we start our journey? In January 2019,…
How to Make $100 a Month in Passive Income
Passive income is very elusive in that it does not start very passively. You must contribute a certain amount of work to build a passive income stream. However, once you get the hang of it, you can create as many income streams as you can maintain. Passive income is a mindset more than an amount…
Art Edition- The Biggest Book on Passive Income Ever 3!
INTRODUCTION 00 000 The Biggest Book on Passive Income Ever 3! FINANCIAL MINDSET 01 001 Are You a Spender or a Saver? 01 002 America is Expensive: So What Are You Going to Do About It? 01 003 Be Extreme Toward Your Dream 01 004 Become CEO of Yourself 3 01 005 Become Insanely Productive…
Web Edition- The Biggest Book on Passive Income Ever 3!
INTRODUCTION 00 000 The Biggest Book on Passive Income Ever 3! FINANCIAL MINDSET 01 001 Are You a Spender or a Saver? 01 002 America is Expensive: So What Are You Going to Do About It? 01 003 Be Extreme Toward Your Dream 01 004 Become CEO of Yourself 3 01 005 Become Insanely Productive…
Every Day is Saturday: Living a Happy Cash Flow Retirement
I’ve been dreaming about my Happy Cash Flow Retirement (HCFR) for over four years. Now, I am three weeks into my new life as a retired Marine. Retirement is about doing the things you love with the people you adore. However, the foundation of your HCFR is your budget. If you can live comfortably and…
Welcome to the Elite Savers of America: Save $10,000 in Your HYSA
Do you find saving money to be a difficult task? Do you need help keeping cash in your accounts? Well, it’s time to commit to saving money for your future. Welcome to the Elite Savers of America (ESA), where we value saving our money in a High-Yield Savings Account (HYSA) to protect our futures from…
Dividend Investing vs. Options Trading: Let’s Start with $10,000
The world of high finance is a fantastic place to build wealth and live your dreams. However, without financial education, your dreams can become nightmares. If you can save $10,000, you can consider yourself an Elite Saver of America. But now it’s time to make your money generate more money. Dividend investing and options trading…
Investing for Interest 116: Series “I” Bonds vs. Treasury Inflation-Protected Securities
We all must position our money to beat inflation. We can do this by investing in dividends, real estate, royalties, and businesses. Once we start earning additional cash, we must invest it into securities that also attempt to beat inflation. Two safe government-sponsored inflation-beating products are Series “I” Bonds and Treasury Inflation-Protected Securities (TIPS). Financial…
How to Become an Income Investor
Are you ready to make the leap into earning passive income? Do you want to live the life of your dreams without restraint? There are many ways to earn passive income; however, dividends require the least amount of physical work. On the flip side, dividends require the most cash to generate significant returns for you…
Investing for Interest 115: Tips for Buying T.I.P.S.
Writing this article on Treasury Inflation-Protected Securities (TIPS) took me over a year because they are incredibly complex and tough to understand. Over the last year, I have come to understand them more; however, I have yet to become an expert. I will direct you to others who have even more guidance about TIPS. I…
5 Takeaways from “Mean Reversion Trading”
“Mean Reversion Trading” by Nishant Pant is a deep dive into the world of options trading. I am new to the options trading scene, and this book provided a lot of information I needed. Trading options can be quite lucrative; however, you must balance fear and greed daily. You can use a hefty amount of…
Welcome to the Housing Wars: May the Best Investor Win
Did you think your life would be easy? Did you think you would attend college or join the military and buy a house before age 30? Well, those days are over, maybe even forever. Homeownership is no longer a right but a privilege—only the privileged need apply. How did we reach the point where only…
