Why I am Investing in Bitcoin
A member of our group (Military Family Investing) asked if I could look into cryptocurrency. With perfect timing, I was finishing up my current book “The Non-Designer’s Design Book,” so I figured it time to take the plunge into crypto education. I am an old-school dude, and I like the idea of business, real estate,…
5 Takeaways from “The Non-Designer’s Design Book”
Very rarely do I feel like an idiot. But reading a book by a graphic designer showed me how ignorant I am of the world of design. Maybe idiot is too harsh of a word, but I was genuinely inspired by the works that she presented in the book. “The Non-Designer’s Design Book” by Robin…
TAP Your Home Equity
Well, let’s start with the biggest disclaimer of all time: Should you tap into your home equity? No. The only reason you should tap into your home equity is if you have another investment that can produce a better return than your home. What does a better investment mean? The four asset classes are real…
How We Plan to Retire on Dividends part 1
Retiring on dividends is a dream come true for many people. On the other hand, many have never heard of dividends. I never heard of dividends until I was the age of 38 years old. I became fascinated with the words passive income when I was overseas, and the idea of living off investments was…
Preferred Shares 105: Long-Term Preferred Strategy
You have come a long way throughout the Preferred Shares 101 Series (101, 102, 103, 104). From first learning the power of preferreds to potentially already buying some shares. But what is the long-term plan for purchasing and holding preferreds? Let’s get into it. Capital Gains. We like to buy our preferreds when they are…
From -$77,000 to +$150,000 in 22 Months
The following is a tale that I hope will inspire you to make changes in your life. As I wrote in “Living a Middle-Class Life is Stressful,” trying to keep up with life in America can be one of the worst choices you can make. Why is living middle class so draining? One word: Debt.…
Mailbox Money: The Power of Dividends, Royalties, and Rents
Getting your paycheck deposited into your bank account is a great feeling. Even better is the sensation when you don’t have to pay off debt. Receiving your wages feels so great because you earned your pay— it was your hard work that got you that check in the first place. But what does it feel…
Automation Can’t Replace Creativity- Start Your New Business
“The robots are coming!” someone screamed during the movie. In real life, I say, the robots are already here. By robots, I mean automation, out-sourcing, apps, software, artificial intelligence, etc. Check out this awesome tech preview of Google Duplex. It can make phone calls to restaurants and businesses on your behave. Things are accelerating in…
Creative Financing in Real Estate 102: Personal Loans
After reading Creative Financing in Real Estate 101, you should be on the hunt for tiny homes, mobile homes, RVs, or small apartments. As I said before, affordable housing is the way of the future. Also, finding deals in real estate my be how to leverage this asset class moving forward. Let’s say that you…
Preferred Shares 104: The Search for Shares
We have come a long way in our knowledge of preferred shares. In Preferred Shares 101, we talked about what they were and how they could increase your dividend returns. In Preferred Shares 102, we learned how to speak their language. Finally, in Preferred Shares 103, we discussed the Rule of 72 and why dividend…
5 Takeaways from “Rich Dad’s Who Took My Money?”
You may know that Robert Kiyosaki is by far my favorite author of all time. Reading his work is like eating comfort food down South. I just finished reading “Rich Dad’s Who Took My Money?” and it was another fantastic book. “Rich Dad’s Who Took My Money?” focuses on the velocity of money and how…
Military Success 103: Educational Fitness
The military is perhaps the best place to become an educated young person in America. Not only are there too many educational opportunities to list here, but most of the things I list will be free. Moreover, some of the classes you will travel to will make you money. How cool is that? First things…
Become the CEO of Your Life part I
What is the secret to becoming wealthy and maintaining lifelong relationships? How do some people have it all— money, success, family, and love? Can you be one of the few that has it all? I believe that you can if you clearly define what having it all means. Don’t clearly define the definition of having…
Want a Tesla? Start a Rental Car Business
I never knew how badass Teslas were. My friend at work is a Tesla fanatic, and we got on the topic of buying one. He explained so many of the perks— how they drive, how fast they are, how the doors come up, etc. I was genuinely impressed. Then we started talking about the prices,…
20 (more) Books That Will Make You Rich
Read 20 Books That Will Make You Rich part 1 (This is Part 2) Reading in of itself will not make you rich. However, reading and creating actionable tasks WILL make you rich. I wanted to keep this page as simple as possible. I have attached my personal review of each of these books. These…
We Make $50/day in Passive Income
I think every working soul dreams about making passive income. For years, we grind away at our day jobs, contemplating the days when we can be on the beach with our nice retirement checks coming in. “Life will be great,” we tell ourselves. When the workforce moved away from pension plans and into defined contribution…
My Retirement 4-50 Update #6
My retirement 4-50 plan is our goal to be work-optional by age 50. It consists of 4 retirement income blocks. Retirement 4-50 is based on cash flow. My goal is to have a total of $6,000 a month cash flowing from each block (total $24,000). The blocks are retirement income, investment income, rental income, and…
Big Money in Tiny Homes
I’ll be the first to predict it- tiny homes are the new trend in housing. Okay, well, maybe not the first. Tiny homes are popping up everywhere, along with all other forms of alternative housing. I recently saw a video of a woman who converted a semi-truck into a full-blown portable home. Why are tiny…
Boring Investing is Good Investing
The stock market is always an exciting place with which to be involved. There is the hustle and bustle of news, trading, commodities, earnings reports, and scandals. Every day something new is jumping off, and something different is happening. Amidst all this excitement, it can be hard to distinguish the truth about investing. The stock…
Happy Cash Flow Retirement
What an exciting title- to a fantastic proposition. A cash flow retirement is entirely different from what mainstream media would like us to have. Conventional wisdom would have us save an arbitrary amount of money, say $1 million, and then live off this money by withdrawing cash. In this scenario, you SAVE $1 million by…