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What is Your Entertainment Budget? Use the Extra Money to Start Options Trading
Everyone loves to spend money on their favorite entertainment vices. Some of us love to go to concerts, while others love to watch pay-per-view boxing matches. No matter your particular entertainment vice, it must fall into an entertainment budget. Sadly, budgeting is not everyone’s cup of tea. Today, I will make the case for why…
Retirement Plus: Supplement Your Retirement with Dividends
Nobody teaches us how to retire. Few people can think about life in their 60s while dealing with life in their 20s. Therefore, to facilitate a healthy, wealthy retirement, we must prepare for it. The best retirement system for the working class was the pension system. However, gone are the days of corporations and governments…
Using Leverage with Options Trading: Wise, Prize, or Snake Eyes?
You don’t need to use leverage (also known as margin) to trade options, but what would be the point of trading options? Leverage is a double-edged sword: mighty in good times, disastrous in bad times. So, how do you decide when to use leverage and how much to use? The key to using leverage is…
Stocks, Bonds, & Options in Your 70s: Taking Care of Everyone Else
Let me be 100% honest; we should have money pouring out of our eyeballs in our 70s. By leveraging the power of compounding early in life, we ensure our 70s are plentiful. For example, let’s say my $340,000 portfolio compounded at 10% annually while I added $1,000 per month. In 27 years (I’m 43), I…
Dividends & Options Trading: A Beginner’s Guide to Passive Income
Why does everyone seem to be obsessed with the stock market? What is all this talk about treasury yields, dividends, and stock prices? The truth is that many people turn to the stock market to generate passive income for today and tomorrow. If you are not in the markets, you and your family could have…
Selling Cash-Secured Puts vs. Book Royalties: The Best Passive Income Strategy for the Average Person
It takes money to make money; this is usually the case. However, there are some things in life that we can create for free. The goal of financial freedom is to collect as many income-producing assets as possible. Most of these assets require capital to obtain. Some income-producing assets are treasury bonds, dividend-paying stocks, rental…
Options Trading in Your 70s: Avoiding the Stock Market At All Costs
We should all be winding down in our 70s. We want to enjoy our days and love our nights, but we don’t want a lot of stress from the financial markets. If you have all of your finances squared away in your 60s, then your 70s and 80s will just be a continuation of those…
Retiring on Dividends 105: Income Investing (Preferred Shares vs. BDCs)
The income products you purchase go a long way toward your happiness during retirement. We feel much better when we make solid purchases at great prices. Today, we will discuss two distinct types of income products that can generate strong cash flow. Using these securities together can help us target safe income streams while giving…
Options Trading in Your 60s: Retirement Planning Made Easy
You’ve prepared your entire life for this moment. You are retiring from the workforce, drawing your pension, and signing up for social security. This is the point at which most people stop their retirement planning. But I love the concept of living a Happy Cash Flow Retirement. My Happy Cash Flow Retirement system consists of…
Retiring on Dividends 101: Preparing for Passive Income
They taught us to work for money. Working is so ingrained in our nervous system that we get anxious when not working. When we aren’t working, we feel the world will collapse upon us. But the rich don’t work for money; they work for assets. Once they have enough assets, the assets work for them.…
BCRE: Become Capitalist Retire Early
Do you really want to work until you are 65? At some point in my working life, I thought I would have a 30-year military career followed by 20 years in the civilian workforce. And then I changed my mind. In 2021, I wrote “No Freaking Way I Am Working Another 25 Years.” That was…
Find Happiness Inside of a Budget
I learned many things during middle and high school. However, one thing that I don’t remember learning is budgeting. Budgeting is perhaps the most essential element of building wealth, so why don’t “they” want us to learn how to do it? It’s simply that they want us to spend our money frivolously and without regard…
Homeownership Will Determine Your Child’s Fate: So Buy Them a Home
There has never been a better time to purchase a home; however, you must discover the method you will use to execute your plan. We are entering a recession, interest rates are sky-high, and there is a housing crisis—all things that can hinder our progress toward homeownership. But these are all excuses. The simple answer…
Supplement Your Retirement with Income Investing
Have you seen the new narrative concerning retirement? It basically says that no one will be able to retire unless they are in the top 5-10% of wage earners. Do you believe this nonsense? I believe that anyone who sets a goal and stays on the path can retire comfortably with honor. However, you must…
High Yield Savings vs. Certificates of Deposit vs. Treasury Bills vs. Money Market Funds
Every dollar that flows into your household should serve a purpose, even if its primary goal is sometimes to sit in an account until you need it. As we become more financially sophisticated, we find ourselves using multiple types of accounts to ensure we are good stewards of our resources. Each account type serves a…
Should Multiple Families Live Together? Only If They Want To Become Wealthy
America will become a renter nation. We will own nothing and be privileged to be in that position. We will have no other options. I read a quote by Grant Cardone stating that we should expect 100-year home mortgages before the next century. And he is absolutely correct. In the meantime, 40-year mortgages will become…
The Options Trading Debit Card: Create the Best Weekends of Your Life
I have been going on and on about my Dividend Debit Card (Part #1, Part #2, Part #3) over the last three years. It is incredible to receive dividends directly to my Cash App spending card. This month (November 2023), I am on track to receive $400 in dividends directly to my Dividend Debit Card.…
The Pros & Cons of Homeownership #3: Inflation Protection
My generation (40s) didn’t honestly know about inflation a few years ago because we had never felt it. However, 2022 changed that for all of us. Suddenly, food, gas, and housing costs rose faster than our wages. Those who had locked in 2-3% mortgages on lower-priced homes were sitting pretty. Those in the market who…
Financial Independence Magazine
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Book Date Released FI #1 1/9/2021 FI #2 1/9/2021 FI #3 1/16/2021 FI #4 1/22/2021 FI #5 1/30/2021 FI #6 2/6/2021 FI #7 2/14/2021 FI #8 2/15/2021 FI #9 2/21/2021 FI #10 2/27/2021 FI #11 3/5/2021 FI #12 3/12/2021 FI #13 3/21/2021 FI #14 3/27/2021 FI #15 4/3/2021 FI #16 4/11/2021 FI #17 4/18/2021 FI…
Free PDF Book List
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Here is a list of all my Free PDFs that I host on Military Family Investing. if you like a book, please use the links to find it on Amazon, write a review, or purchase a paperback version. Thanks, and pass them on to all of your friends. Please collect them all as there is…
