Author: kingmarine
Achieve F.I.R.E. via Income Investing
We all want to escape the workforce. I have been working since 1997, when I started at McDonald’s, and I’ve never seen an employment market like this. Everyone is overworked, underpaid, and struggling to survive. Leadership is even more chaotic and unorganized than the employees. If you do not have your finances in order, you…
Becoming an Entrepreneur #1: Reading the Right Books
What’s the difference between an entrepreneur and an employee? The employee receives a paycheck for going to work, while the entrepreneur gets compensation for adding value. They may sound similar, but they are vastly different mindsets. Why would an employee want to become an entrepreneur? Over the years in the workforce, your company will severely…
Position Yourself for the Next Bull Market
We are near the bottom of the bear market. Pessimism in the markets peaked, and we can begin to see optimism show its lovely face. But we still have time to make some life-changing moves while prices are excellent and everyone focuses on surviving. To invest wisely during a bear market and recession, we must…
How to Start a Business Cheaply
The future of the economy is unknown. Will we delve into a recession or start the next bull market? We all must lay and wait, but we can take massive action to improve our chances. One way to change our fortunes is to start a business. When people think of business, they think of physical…
Change Your Money Cycle: Your Spending Habits Determine Your Wealth
We hit the jackpot by being born in America. We have the chance to go from broke to rich in one lifetime. Heck, we can achieve incredible wealth in 20 years if we truly try. Unfortunately, most people will never seize this fantastic opportunity. Not because they didn’t work hard but because their money cycle…
Rental Income vs. Income Investing
Every middle-class American should aim to achieve three types of passive income: dividends, rents, and royalties. We ALL have access to these types of passive income; we need only make an effort to build these revenue streams as early as possible. If you are a young person just starting in the world, which is the…
Dividend ETFs vs. Index Funds
A few improvements to investing have changed the game for the average middle-class investor. These are fractional shares, zero commission fees, and automated investing. Today, we can invest $5/week into our favorite index funds and dividend ETFs to slowly grow our portfolio. Plus, we can still go all in with $5,000 when we get our…
Power Writing: Write a Book in a Week
Becoming a writer is one of the most empowering things you can do in your life. Writing is demanding because you must articulate your thoughts and convey them so others can understand. Many people fear writing because of nightmares from high school or college. It’s definitely not for the faint of heart. But if you…
My High-Yield Savings Account: Year in Review 2022
Today we celebrate. 2022 was an incredible financial year; therefore, we can ring in 2023 with a bang. My high-yield savings account is one of my favorite investment vehicles of 2022, so I want to explore it more in-depth. Discover did me a solid by sending me an email summary of my HYSA. This also…
Middle-Class Investing 111: Middle-Class Investing COMPLETE
The Middle-Class Investing 101 Series was super fun to write and develop. Investing gets a bad reputation among the middle class. People believe investing is about taking all kinds of crazy risks and flying by the seat of your pants. In reality, it is the exact opposite of this scenario. Investing is about creating a…
The Great Family Reset: The Independent Person Experiment Failed
It was an experiment for the ages. The idea was to send a person out of the home at age 18 and see if they could make it in the world. They used words like “be independent,” “go build,” and “become a man” to entice us into the world alone and without resources. A few…
Middle-Class Investing 110: Create a Wealth Generator
We have come a long way on our investing train, and we arrive at our final stop today. Now that we know exactly what to do with our money, we need to make a lot more of it. But we don’t want to do all the work; we want our investments to carry the load.…
Diversify Your Home Equity: Protect Yourself with Multiple Investment Strategies
The run-up in housing prices has slowed down, at least for now. However, many of us are still sitting on tons of home equity. Is it a good idea to let your house value determine your net worth? What if the housing market drops again, like in 2008? I don’t believe housing prices will drop…
Pay Your Bills with Dividends
Dividend investing will undoubtedly change your life, but it won’t happen overnight. In fact, it will probably take a substantial amount of time before you see tangible results. So how do you stay motivated as you work your way up from a “dividend drip” to a “dividend stream?” You simply work on increasing your dividends,…
Increase Your Savings Rate: It Determines When You Can Retire
How fast do you want to retire? Do you genuinely want to work until the full retirement age of 66? I know I don’t want to work for another 25 years. But what is the best way to retire early? We all hear terms like Financial Independence Retire Early (or F.I.R.E.), but what does that…
Middle-Class Investing 109: Create a Paycheck with Income Investing
We have finally made it to my favorite type of passive income—income investing. Although we took the long way, it is necessary to understand how we got here. Income investing is not for the faint of heart. That’s why starting with interest from high-yield savings accounts is good, and slowly work your way forward. Welcome…
5 Takeaways from “Unscripted: The Great Rat-Race Escape”
“Unscripted: The Great Rat-Race Escape” by MJ DeMarco is a fascinating trip down the path to being an entrepreneur and escaping the rat race. This book is long; however, it is an all-in-one guide to starting your journey into entrepreneurship. More importantly, it gives you the “why” and “how” to escape the rat race. Escaping…
Your Daily Routine is Your Success
I always tell my wife that life is supposed to be tough. Every day you should be challenging yourself in many aspects of your day. Life isn’t about getting to a magical point where you become comfortable. We can call this the “fat and happy” stage. In fact, life is about the exact opposite of…
Middle-Class Investing 108: Why Dividend Growth Investing?
Today, we will dive deeper into the world of wealth-building. Sadly, most middle-class folks will never buy individual stocks. The purpose of dividend growth investing is to build a nest egg that also pays you. In addition to a steady paycheck, your dividend payments grow over time to combat inflation. Does this method sound too…
Compound Interest: You Can Pay It or You Can Earn It
If you ever seek motivation in life, look no further than the power of compounding—everything we do in life compounds, either positively or negatively. “The Compound Effect” by Darren Hardy explores how we can exploit compounding to improve anything we want in our lives. The more things we put into motion, the more chances we…
