Author: kingmarine

  • I’m High on Life with Royalties

    I’m High on Life with Royalties

    I love my royalties. I go back and forth between what feels better: receiving dividends or earning royalties. You know when your dividends will arrive, but royalties are entirely random. I have over 900 books on Amazon, and every day something different happens with them. My latest book may sell, or my first book from…

  • The Magic of Passive Index Fund Investing 2

    The Magic of Passive Index Fund Investing 2

    I invest for income. Nothing gives me more pleasure than doing the math to generate dividends from my income-investing portfolio. However, income products usually don’t increase in value. To capture the stock market’s growth, I turn to index funds. What are index funds? Index funds are Exchange Traded Funds (ETFs) that track a specific assortment…

  • Scarcity vs. Abundance: The Difference Between Rich and Poor

    Scarcity vs. Abundance: The Difference Between Rich and Poor

    Do you think there is enough money in the world for everyone to be happy and content? Do you have grace for every dollar you receive? To become wealthy and ensure the well-being of your bloodline, you’ll need to have a great relationship with money. Unfortunately, most of us start with a terrible relationship with…

  • The Magic of Income Investing 2

    The Magic of Income Investing 2

    I see the world through math; I can understand if something makes sense financially rather quickly. I also invest in generating income. The more income that comes into my accounts, the easier my life becomes. Revenue minus expenses creates cash flow. Cash flow is the lifeblood of any business and every household. To consistently overcome…

  • I’m Living My Dream Life With Dividends

    I’m Living My Dream Life With Dividends

    Life is good. No, I mean truly amazing. I never believed I could live a life with such passion and freedom. But it’s not because of money. Living a good life is about time, specifically, the freedom of your time. If you can choose how to spend your time, you have a much higher chance…

  • 5 Takeaways from “Credit Spread Options for Beginners”

    5 Takeaways from “Credit Spread Options for Beginners”

    “Credit Spread Options for Beginners” by Freeman Publications simplifies the complex world of options trading.  In particular, it covers Net Credit Spread options that are more advanced than selling covered calls and cash-secured puts. Selling covered calls and cash-secured puts requires a level-one options account from your brokerage.  I acquired a level-one account and traded…

  • The Magic of Dividend Growth Investing 2

    The Magic of Dividend Growth Investing 2

    We all want to be able to afford retirement someday. They teach us to invest in our 401Ks; maybe at age 70, we can escape the rat race. But what if we could get away sooner? What if we could retire with a $1 million portfolio that also paid us $40,000 to $50,000 per year—without…

  • Become Debt-Free and Stress-Free

    Become Debt-Free and Stress-Free

    We all live with varying levels of stress. Most of it comes from financial hardship or being in debt. Being in debt is not fun at all. You constantly worry about an emergency that can shatter the life you worked hard to build. But, it is possible to get out of debt. I did it,…

  • Stock & Bond Investing in Your 70s

    Stock & Bond Investing in Your 70s

    Our 70s are all about paying it forward. Hopefully, we did well with our finances and can give to the next generations. We want to ensure our children and grandchildren can navigate life with more resources than we had available.  We must lead by example if we want them to have the millionaire mindset. Welcome…

  • Getting Started with High-Yield Savings Accounts: Overcoming Your Banking Fears

    Getting Started with High-Yield Savings Accounts: Overcoming Your Banking Fears

    To investors, a high-yield savings account (HYSA) is the minimum location where they will store their money. However, the average person needs to be made aware of HYSAs. My goal today is to get middle-class citizens the knowledge and confidence to transfer their first $100 into an HYSA. HYSAs are your first step into collecting…

  • House Hacking to Defeat Credit Card Debt

    House Hacking to Defeat Credit Card Debt

    Being in credit card debt is one of the worst situations in the world. There is nothing fun about the incredible power of compounding working against you. We must employ extreme measures to get ourselves out of dangerous credit card debt. We will struggle if we are trying to “work more hours” to clear our…

  • Balanced Books: Living By a Harcore Budget is Empowering

    Balanced Books: Living By a Harcore Budget is Empowering

    When you level up your budgeting game, you will instantly see the results in your confidence and bank accounts. Most people do not live on a budget at all. They simply funnel their money into their direct deposit account and try to have one dollar left at the end of the month. If you take…

  • Stock & Bond Investing in Your 60s

    Stock & Bond Investing in Your 60s

    For most people, their 60s is when they begin to feel wealthy. They can cash out their 401Ks and Roth IRAs while receiving social security. If they are fortunate, they also receive a federal, state, or local government pension. However, just because they have cash flow doesn’t mean they should stop investing. Welcome back to…

  • Struggle-Mania 2: Is Your Mindset Keeping You Down?

    Struggle-Mania 2: Is Your Mindset Keeping You Down?

    I’ve met thousands of hardworking people in the military over my last 24 years. However, a select few will ever truly get ahead in life. To clarify, “getting ahead” means they will not worry about money. Our ability to handle cashflow keeps a constant stress on most of us. Yes, we will always need to…

  • The Most Challenging Part of Passive Income: Enjoying it

    The Most Challenging Part of Passive Income: Enjoying it

    They teach you to work. They teach you to struggle. However, they don’t teach you to enjoy life. Once you get your relationships and finances on track, your worldview changes. The average person believes that you go to work and spend your paycheck. Because work makes you sad, you spend even more than you need—shopping…

  • The 30-Day $1,000 Emergency Fund Challenge

    The 30-Day $1,000 Emergency Fund Challenge

    I remember not having a $1,000 emergency fund to my name. Those were not fun times, especially as a person with a family. However, over the years, I started to get my act together. I began to budget my money and consume less; now, I have $300,000 in liquid assets. Start with $1,000 first. The…

  • New Car Payments vs. Income Investing

    New Car Payments vs. Income Investing

    Do you own a paid-off car? Congratulations, you are on your way toward financial freedom. Or are you? Chances are you are considering buying a new car because they look so dang sexy right now. You may as well get a brand-new vehicle with safety features and better gas mileage, right? That new car smell.…

  • Living in 1,000 Square Feet as a Family of Four

    Living in 1,000 Square Feet as a Family of Four

    When did we become so selfish here in America? We want our small families to live in a 3,000-square-foot home on three acres. Unfortunately, we need to be alone, and this is destroying our finances. Living in these monstrous homes as a single family simply costs too much money. The need to be individuals. Families…

  • Becoming an Entrepreneur #7: Generating Leads

    Becoming an Entrepreneur #7: Generating Leads

    A business needs an audience of paying customers. Therefore, your job as an entrepreneur is to find new people to enter your sales funnel consistently. Welcome back to the Becoming an Entrepreneur series (Part #1, Part #2, Part #3, Part #4, Part #5, Part #6), where we turn strangers into paying customers. What is a…

  • The 401K Lie: Saving 10% is a Fool’s Errand

    The 401K Lie: Saving 10% is a Fool’s Errand

    Have you ever been flush with cash? Have you ever received random amounts of money that you truly do not need (or want) to spend? Well, this is my life every day as an income investor. I invest for dividends that help me fund my lifestyle today (in my 40s) and tomorrow (in my 70s).…