Tag: Dividends
The Magic of Income Investing 2
I see the world through math; I can understand if something makes sense financially rather quickly. I also invest in generating income. The more income that comes into my accounts, the easier my life becomes. Revenue minus expenses creates cash flow. Cash flow is the lifeblood of any business and every household. To consistently overcome…
I’m Living My Dream Life With Dividends
Life is good. No, I mean truly amazing. I never believed I could live a life with such passion and freedom. But it’s not because of money. Living a good life is about time, specifically, the freedom of your time. If you can choose how to spend your time, you have a much higher chance…
5 Takeaways from “Credit Spread Options for Beginners”
“Credit Spread Options for Beginners” by Freeman Publications simplifies the complex world of options trading. In particular, it covers Net Credit Spread options that are more advanced than selling covered calls and cash-secured puts. Selling covered calls and cash-secured puts requires a level-one options account from your brokerage. I acquired a level-one account and traded…
The Magic of Dividend Growth Investing 2
We all want to be able to afford retirement someday. They teach us to invest in our 401Ks; maybe at age 70, we can escape the rat race. But what if we could get away sooner? What if we could retire with a $1 million portfolio that also paid us $40,000 to $50,000 per year—without…
Become Debt-Free and Stress-Free
We all live with varying levels of stress. Most of it comes from financial hardship or being in debt. Being in debt is not fun at all. You constantly worry about an emergency that can shatter the life you worked hard to build. But, it is possible to get out of debt. I did it,…
Stock & Bond Investing in Your 70s
Our 70s are all about paying it forward. Hopefully, we did well with our finances and can give to the next generations. We want to ensure our children and grandchildren can navigate life with more resources than we had available. We must lead by example if we want them to have the millionaire mindset. Welcome…
Stock & Bond Investing in Your 60s
For most people, their 60s is when they begin to feel wealthy. They can cash out their 401Ks and Roth IRAs while receiving social security. If they are fortunate, they also receive a federal, state, or local government pension. However, just because they have cash flow doesn’t mean they should stop investing. Welcome back to…
The Most Challenging Part of Passive Income: Enjoying it
They teach you to work. They teach you to struggle. However, they don’t teach you to enjoy life. Once you get your relationships and finances on track, your worldview changes. The average person believes that you go to work and spend your paycheck. Because work makes you sad, you spend even more than you need—shopping…
The 401K Lie: Saving 10% is a Fool’s Errand
Have you ever been flush with cash? Have you ever received random amounts of money that you truly do not need (or want) to spend? Well, this is my life every day as an income investor. I invest for dividends that help me fund my lifestyle today (in my 40s) and tomorrow (in my 70s).…
Think of Preferred Shares as Gift Cards: Buy Your Income at a Discount
What if you could buy $25 gift cards for $20 and still redeem them at $25? Would you take this deal immediately? Why would this deal intrigue you? Because you would essentially be buying money ($5) for free? This concept is the idea behind buying preferred shares on the stock market. The more you research…
How to Create, Buy, And Build Assets: Start the Journey to Set Yourself Free
My favorite author Robert Kiyosaki says it best, “An asset puts money in your pocket, and a liability takes money from you.” Understanding this simple truth has allowed me to become debt free and financially independent over the last four years. I simply focus my efforts on obtaining assets and not accumulating liabilities. Collecting assets…
Why You Need Passive Income!
I woke up yesterday to find some emails containing passive income in my Gmail inbox. I received $97 from Fundrise, $22 from Direct2Digital (books), and $60 in dividends. There is nothing like receiving money you don’t need. To earn passive income, you do the work once (invest or write) and continually reap the rewards. Why…
Why Rents Will Continue to Rise: And How You Can Get Ahead of the Rental Curve
Are you waiting for a housing crash before jumping into the market? Well, you may be waiting for a very long time. The rental market will continue to rise for the foreseeable future for one main reason—investors. There are simply too many individual and foreign investors, institutions, syndications, and real estate investment trusts (REITs) for…
Turn a Reverse Mortgage into an Income-Investing Portfolio
At some point, our parents may need to use their primary residence as a retirement plan. We, as their kids, need to remove the emotion from these decisions. Each generation’s retirement years are getting longer, so it could be tough to generate income for 30 to 40 years. This is especially true if they liquid…
Stock & Bond Investing in Your 50s
If your 40s were all about creating income, then your 50s are about maintaining your portfolio while building generational wealth. Your income should be creating more income in your 50s. This means you should have enough income from dividends to reinvest 30%. If this is not the case, please go back and read the earlier…
The Pros and Cons of Closed-End Funds: How Do You Like Your Income?
Learning to invest for income changed my life; I figured out how to build my own paycheck. Most people do not invest for income; they want to get rich quickly. I dividend income investing into six different types, which you can read about here. One of my favorite types of income investing is closed-end funds.…
Stock & Bond Investing in Your 40s
There are a few paths you can take in your 40s. You can get into more debt, get divorced, have a mid-life crisis, or become rich. Luckily I choose to become wealthy by making more income than I spend. Remember, wealth is having excess income versus expenses. But I didn’t choose to have a job…
Saving & Investing with $500 per Month
If you can save and invest $500 per month, you are in the elite class of America. Sadly, I am being completely serious. Most Americans cannot save $500 over the course of a year or even a decade. America is a tough place to save because everything costs. If you own a home or have…
Dividend ETFs vs. Bonds 2: The Tax Edition
After writing “Dividend ETFs vs. Bonds,” I got to thinking about taxes. As we head into retirement, taxes will play a significant role in our decision-making. Let’s rerun the $500,000-401K scenario, but this time with a perspective focusing on taxes. Let’s assume we are 66 years old and drawing social security. What are qualified dividends?…
Stock & Bond Investing in Your 30s
Have you ever heard anyone talk about the “terrible twos” as they raise their children? It’s a time when kids often don’t sleep, can walk and talk, and get into all kinds of mischief. My wife went through this phase twice with our two kids—with me out on assignment most of the time. It’s a…
