Tag: Dividends
Get Off The Fence. Get Into Dividends!
What are you waiting for? How many years must you spend in the workforce before you realize it’s all a game? Even worse, it’s a game you cannot win. Even if you work 40 years to accumulate $1 million, can you live on $40,000 annually from investments? Most people will get nowhere close to $1…
I Achieved Work-Life Balance: I Stopped Working
Why do we work? Every human should want to be productive and add value to society, but can we achieve this by working a corporate job? In essence, we work to pay bills. Along the way, high-paying jobs lead to high-flying lifestyles. Someone convinced us to work until we were 65 years old. The Industrial…
Paying All of Your Bills with Income Investing: The Magic of Passive Income
Paying bills sucks, but it is a necessary part of our lives. How can we create less friction when dealing with our expenses? The best solution, I found, is to pay bills with passive income. Why is passive income important to your overall financial health? Passive income is money you receive without exchanging time for…
Paying Your Cable Bill with Dividend ETFs: It’s Time to Pay Your Bills with Dividends
Do you still have a cable bill? I have a Direct TV bill plus three or four streaming services. All of these bills can be expensive and annoying. Part of me wants to cancel these services, but I don’t because I have the resources to pay for them. Instead, I concentrated on building my passive…
Rental Income vs. Social Security: What’s Best for Your Retirement?
Social security is heading toward insolvency; can it be saved? We do not know what the future holds; however, there are things in our purview we can control. I used to be a full-on government-retirement-plan lover. My goal was to serve 30 years in the Marine Corps, do another 20 years in the federal civilian…
Paying Your Car Note with Mortgage REITs: It’s Time to Pay Your Bills with Dividends
I hate having a car note; I hate it with a passion. However, the Marine Corps placed me in a bind, and I had to purchase a used car on the fly (in 2022). Luckily, I have my trusty dividend portfolio to assist me in making this payment. The magic of income investing is you…
Creating Passive Income in Yout 70s: Learn to Earn in Your Sleep
Earning passive income in your 70s should be the easiest thing on Earth. You should already have a plethora of money and assets; all you must do is convert them into income. Your 70s should be a time of joy and relaxation, not stress and frustration. One of the best ways to solve any problem…
Paying Your Cell Phone Bill with Dividend Stocks: It’s Time to Pay Your Bills with Dividends
I love having the latest Samsung flagship phones but hate paying for them. Luckily, I can use high-yield dividend stocks to cover this expense. The best part of dividend investing is using it to pay your expenses. Eventually, you can use dividends to pay all your bills, making you financially free. But let’s not get…
Creating Passive Income in Your 60s: Learn to Earn in Your Sleep
There is nothing cute or funny about being broke in your 60s. It’s not amusing to still have to work a full-time job when you have grandkids. As a retired 44-year-old, I do not say this to offend people but rather to rally them toward a mission of financial freedom. Worst of all, if you…
Paying Your Auto Insurance with Business Development Companies: It’s Time to Pay Your Bills with Dividends
During my 24-year military career, I never struggled to pay bills, and I never had to use credit cards to survive or pay utilities. However, that doesn’t mean everything was golden. We used our credit cards for emergencies, which ended up biting us in the rear end later. Although we always had food on the…
Paying Your Water Bill with Preferred Shares: It’s Time to Pay Your Bills with Dividends
You become financially free when you can pay all of your bills with passive income. Once you reach this point, you become work-optional. My wife and I achieved financial freedom in October 2023, when I retired from the US Marine Corps. At that moment, I had passive income from a pension, dividends, royalties, and rents.…
Happy Cash Flow Retirement 12: The Four Steps to Becoming Free
I write this article as a free man; I will never have to go to work again. However, the circumstances were quite different when I wrote “Happy Cash Flow Retirement (part 1)” in April 2021. I didn’t retire at age 42 because I was smart or worked hard. I didn’t retire early because I completed…
Be Selfish Until You Become Selfless: The Road to Sustainable Dividend Income
We all want to donate to charity, give to churches, and help family and friends; however, all these endeavors come at a cost. As a young Marine, I helped my mom financially, not understanding that I was actually holding myself back in the long run. This article is for the many people who want to…
Dividend ETFs vs. Dividend Stocks: Can You Perform Better Than the Pros?
We all love to be in control, right? We want what we want when we want it. And the stock market gives us an unlimited amount of choices—almost too many. I just finished my Stock Market Investing at Any Age Series (20s, 30s, 40s, 50s, 60s, 70s), where I discussed the importance of dividend growth…
Selling Cash-Secured Puts for Passive Income 2: Overcome the Lost Decade with Yield
The 2020s may be a lost decade for the stock market. Some people call this a bubble that may not pop—but may flatline. However, our net worth must still grow over 10% every year. If the gains don’t originate from the stock market, where do they come from? We can obtain yield from dividends, but…
The Magic of Compound Interest: How to Harness the Magic in Your Life
How do you explain to someone that they can become rich? That they have the power to set themselves free from workplace stress and financial anxiety? I didn’t grow up with many resources, so I joined the US Marine Corps at age 18 in 1999. I served for 20 years, struggling to get my finances…
Stock Market Investing in Your 70s: Passing Income to Future Generations
An asset is something we can pass on to future generations. Focusing on their futures ensures we make the best decisions for our and their well-being and longevity. Honestly, we should be financially savvy and independent in our 70s; there is no reason not to be. Therefore, we can begin mapping out our future endowments…
Stock Market Investing in Your 60s: Let the 401K Conversions Begin
We all love the idea of recycling—turning something old into something new. In our 60s, we can turn our pile of money (401K) into a massive passive income stream. That’s right. We will forget the 4% rule and earn 9-10% yields on our invested capital. Do you need a financial advisor to manage your money…
Stock Market Investing in Your 50s: It’s Time to Take Control of Our Finances
Our 50s allow us to finalize any loose ends as we prepare for retirement. Although there will be many bumps along the way, income will enable us to live our dream retirement. We wrestle the horns of the bull during our 50s. This decade is a “Do or Die” time for our finances. We must…
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:…
