kingmarine
kingmarine
@kingmarine@militaryfamilyinvesting.com
1,643 posts
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  • Stocks, Bonds, & Options in Your 40s: Determine Your Reality

    Welcome to your 40s, when you start to see the light at the end of the financial tunnel. Now is a great time for you to make some big bets while also playing it safe. Does that sound strange? Again, welcome to your 40s. The essential part of getting your money right in your 40s…

  • The Options Wheel vs. Certificates of Deposit: Create Your Own Yield

    Why would I compare a safe account at a credit union to a “risky” account on the options market? Because we all need to earn yield while our money sits still. Although certificates of deposit and the options wheel offer two different spectrums on the risk scale, they both serve the same goal: to earn…

  • Know Your Money: High-Yield Savings vs. Series “I” Bonds vs. Certificates of Deposit vs. Treasury Bills vs. Money Market Funds

    How many of you feel that you know your money well? If you received $3,000 tomorrow, where would you place it? More importantly, why would you place it there? Most of us spend our 20s and 30s building and ignoring debt. At some point, we get out of debt, and then we are left in…

  • Preparing for a Recession #3: The Five High-Yielding Saving Products

    Nothing is more important than having money during a recession; however, the days of stuffing cash under the mattress disappeared a while ago. We need to become much more sophisticated with our money, resources, and assets. Cash is an asset, and we must value it as such. Welcome back to the Preparing for a Recession…

  • Become a Digital Nomad with Options Trading: Living the Laptop Life with Options

    Do we all dream of traveling the world while making money from our laptops? I know that was my dream for a long time. I am over the long road trips after touring extensively for the US government for 24 years. However, the idea of becoming a digital nomad, even a US-based one, is still…

  • It’s Raining Money: How Dividends Can Change Your Life 2

    Most people enjoy rainy days as long as they don’t need to leave home. There is something soothing about listening to the raindrops outside their windows. Something I find even more soothing is the sound of dividends hitting my brokerage and checking accounts. There is nothing quite like getting a text, email, or notification saying…

  • Stocks, Bonds, & Options in Your 30s: Prepare for Financial Compression

    I am going to start calling the 30s “the compression years” because you spend the entire decade being compressed financially. In your 30s, you are trying to climb the corporate ladder, get married, have children, and buy a house while living the American dream. It’s no wonder that most people have upside-down bank accounts after…

  • Preparing for a Recession #2: Adjusting Your Lifestyle

    The recession will affect us all differently, but make no mistake, it will affect us all. Some will discover great wealth during these challenging times, and others will lose everything. Those who take preparations seriously have a shot at becoming wealthier than before. Those who attempt to carry out the same lifestyle will fall behind.…

  • Selling Covered Calls + Social Security: The Ultimate Retirement Combo?

    Going into retirement, the worst thing you can do is put yourself on a fixed budget. Conversely, establishing a budget is the best way to prepare for retirement. What’s the difference? When you live on a fixed income, someone tells you how much you have to spend. When you create a budget, you tell yourself…

  • Recipe for Wealth: Trading Long Strangles and Living Below Your Means

    There are only two ways to become wealthy: reducing expenses and increasing income. Most people fail to get rich because they don’t succeed at both. If you can lower the stakes on one side of your life, you can increase the risk on the other. For example, you can fund your options portfolio if you…

  • Stocks, Bonds, & Options in Your 20s: Mitigate Risk while Building Wealth

    People in their 20s have trouble with their finances because they have two objectives: building wealth and funding their future. The financial media always tells the younger generation about compound interest and how vital it is to save and invest early in life. The stark reality is that people in their 20s must contend with…

  • Preparing for a Recession #1: Improving Your Skillsets

    Let me set the stage. In 2024, interest rates are high because inflation has ravaged the American economy. Businesses have cut jobs at record numbers because the price to finance and maintain debt has skyrocketed. The average person is dealing with a home insurance crisis, inflated property taxes, elevated rents, and high gas prices. To…

  • Selling Covered Calls for Passive Income 2: Why Take the Risk?

    What’s not to love about earning passive income? You invest your money, go to the beach, and your accounts grow with magical passive income. Right? That’s the fantasy, at least. In reality, creating a passive income stream requires hard work and specific knowledge. Today, I want to focus on one way to earn passive income:…

  • The Four Principles of Index Fund Investing

    Index funds are vital to our wealth-building journey because they provide a safe approach to investing in the stock market. Index funds are as reliable as you can ask for something that trades on the stock market. However, we must remain vigilant as passive index fund investors. The goal of index fund investing is to…

  • The Options Wheel vs. An Online Business: The Best Way to Make Money From Home

    Everyone wants to make money from home. Imagine making $2,000 per month from the safety and security of your cozy house. What’s not to love about the idea of generating revenue without having to get dressed? However, making any type of income from your home is extremely challenging. Since everyone wants to be the next…

  • Boost Your High-Yield Savings: Decreasing Rates Call For Increasing Innovation

    Robert Kiyosaki famously said that savers are losers; I agree with him wholeheartedly. Most people believe that he wants people to be reckless with their money. However, he means quite the opposite. He is saying that depending on the bank to generate your rate of return will always be a failing proposition. For the last…

  • Kindle Unlimited vs. Draft2Digital: The Best Platform for Passive Income

    I started writing to earn passive income. Robert Kiyosaki said that we can create an asset from our mind, and the first thing that came to me was a book. So, here I am today. Over four years of writing, I have learned a lot about different platforms and programs. Two programs I use every…

  • Writing for Passive Income: Become an Elite Content Creator

    So, you want to become a writer? Becoming any type of content creator is challenging and liberating. But what makes writing so great? I became a content creator in June 2020 when I started writing. No invisible walls or gatekeepers prevent you from becoming a writer. To become a writer, you simply must write. I…

  • Trading Long Strangles vs. Rental Properties: The Best Use of Leverage to Build Wealth

    Owning a home has become increasingly difficult. Most people view homeownership as the simplest way to build wealth, but those days may be over. Further, owning multiple properties and becoming landlords allowed people to grow their net worth, increase their passive income, and build generational wealth. However, purchasing a primary residence is challenging enough; how…

  • Nobody Owes You Anything 2: Build Your Own Financial Success

    We have become a “society of entitlement.” We want things for free or that we can receive with little effort. But the true path to financial freedom is treacherous and difficult. To free ourselves, we must not expect anything from anyone. That’s not to say we become independent warriors; we simply take matters into our…