Tag: 3
Index Funds vs. Bitcoin ETFs: The Best Growth Vehicle for the Future
Having growth in our portfolio helps us outpace inflation. Although we plan never to sell shares, growth products give us significant leverage by expanding the scope of our power. With the advent of Bitcoin ETFs, which trade on the stock market, we now have major decisions to make about which growth products will best serve…
Art Edition- The Biggest Book on Passive Income Ever 4!
INTRODUCTION 00 000 The Biggest Book on Passive Income 4 FINANCIAL MINDSET 01 001 Are We Living in Fast Forward? Things Have Changed Since 2020 01 002 Being Mediocre is Not Okay 01 003 Building Generational Wealth: Via Dividends 01 004 Building Generational Wealth: Via Real Estate 01 005 Create Money, Spend Money, Grow Money:…
Web Edition- The Biggest Book on Passive Income Ever 4!
INTRODUCTION 00 000 The Biggest Book on Passive Income 4 FINANCIAL MINDSET 01 001 Are We Living in Fast Forward? Things Have Changed Since 2020 01 002 Being Mediocre is Not Okay 01 003 Building Generational Wealth: Via Dividends 01 004 Building Generational Wealth: Via Real Estate 01 005 Create Money, Spend Money, Grow Money:…
Stock Market Investing in Your 20s: Time in the Market Always Wins
I’ll keep this series very simple: allocate your age (the number) to income-investing products. If you are 25, allocate 25% of your investment portfolio to income. If you are 75, allocate 75%. Income-investing assets are products that focus primarily on current income. Therefore, they exclude dividend growth stocks like Apple (APPL) and Johnson & Johnson…
New Year’s Passive Income Resolution 2025: Increasing Net Worth and Income by 10%
Another fantastic year in the history books, but there is no time to look backward. 2025 will be a time to celebrate our amazing passive income dreams as we achieve them. 2024 was my first year of full retirement, and it went splendidly well. Were there bumps in the road? Of course. However, there was…
Retirement Plus: Supplement Your Retirement with a Treasury Bond Ladder
How secure is your retirement? Do you feel confident that you have the financial sophistication to survive and thrive into old age? We can all take steps to ensure a healthy, wealthy retirement. One of these steps is to use US Treasuries to protect our principal and create great passive income. But what makes US…
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…
Overcoming Your Limiting Beliefs #1: Dividend Investing
Fear can motivate you to do extraordinary things. For me, the fear of being broke motivated me to invest in the stock market. Many times, our fears come from limiting beliefs—thoughts that form through a series of experiences, concepts, and feelings. For example, if everyone around you is poor, you may form a limiting belief…
Trading Long Strangles vs. Dividends: The Best Passive Strategy
Let’s talk about passive income. I love receiving $2,100 per month in dividends; it’s my favorite part of each month. However, I have $250,000+ invested in the markets. Passive income takes a lot of capital to generate a decent income stream. Options trading can help you close the gap in your income, but it comes…
Build Your Own Target Date Fund: We Can Do Better
Target date funds are all the rage nowadays, especially inside company-sponsored 401k (k) programs. However, I don’t trust them and don’t like them for a few reasons. Let’s review our retirement goals before I get into the target date funds. We want to preserve capital, facilitate growth, and generate income during retirement. That’s why many…
Selling Covered Calls vs. Renting Rooms: The Best Passive Income Strategy for the Average Person
Many people dream of becoming high-flying options traders who can double their money in a month. Sadly, they are more likely to lose their money than double it. Trading options is not for the faint of heart. It requires nerves of still and the ability to detach your emotions from what’s happening. I love trading…
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…
Earning $2,100 Per Month in Dividends: It’s All in the Numbers
They say you must become passionate to achieve your goals. Most of us believe that means we should find a career field that matches our dreams. However, that’s a tough call. I was blessed to love being a US Marine for 24 years, but I found something I am even more passionate about than serving…
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…
I Bought a Tiny Home: Are They the Solution to the Housing Crisis?
Millions of Americans are experiencing the housing crisis. Those who bought homes before 2020 should be sitting pretty. However, things look bleak if you are in the market after the pandemic. Personally, I believe the solution lies in having multiple families living together and saving money. Eventually, they will be able to afford a home…
Reject the 40-40-40 Plan: 40 Hours Per Week, For 40 Years, For 40% Retirement
Most of us are halfway (or more) through our financial journeys, but it’s never too late to change course. The plan the experts sold us was never going to set us free. To become financially independent, especially before 50, we must travel a different path. To obtain assets, we must learn to leverage capital markets…
Im Loading Up on 30-Year Treasury Bonds: Before Yields Disappear
It’s an exciting time to be a bond investor. The Federal Reserve raised interest rates to help combat the high inflation that is running rampant throughout the country. I have always said that I am a buyer of 30-year Treasury Bonds that yield over 4%. Lucky for me, now is the best period for purchasing…
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…
Spicy Dividends for a Bland Life: Make More Money for Doing Less Work
I remember my life as an employee. The military paid me twice a month for over 24 years. They used to call it “three hots and a cot.” For the first 20 years, my only income derived from those two monthly paychecks. They increased yearly, but my expenses increased more than my pay raises. Soon, the…
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.…
