Tag: Financial Independence
Blogging vs YouTube #3: For Medium Income Streams
Now that our blogging or video career is taking off, we have several options. We can stay small and operate as a solopreneur or grow our business. Growing our business will turn our income stream from side hustle to nearly a full-fledged business. Welcome back to the Blogging vs. YouTube series (#1, #2), where we…
The Stock Market is Not a Wealth Generator
I hope this article finds you in a timely manner. The stock market is in the middle of crashing and may have another leg down or two. Many people are freaking out, and panic may ensue. Me, I am maxing and relaxing. I am adding more to my positions while storing cash because there are…
Bridge the Gap: How to Create Meaningful Content
One of the central limiting beliefs preventing people from creating content is “fear of self.” People do not believe that their words can make an impact on the world. However, there is room in the world for everyone that wants to make this place a better society. Everyone has something to offer the universe, and…
Is $75,000 a Year The Magic Happiness Number?
The news media often says earning $75,000/year is the magic happiness number for most people. After this number, your happiness level begins to diminish. Here is an article on VeryWellMind.com that refutes the argument. There is a lot of truth to this $75,000 number—my two cents. However, it doesn’t tell the complete story. Today, I…
Dividend Investing in Your 20s
If you are in your 20s or even 30s and reading this article, you are well ahead of the power curve. You just have to keep your eye on the prize and “don’t fumble the bag.” I say this because you have time on your side. The main element of the power of compounding is…
Start a Food Truck Business Towards Passive Income
Have you ever dreamed of owning your own food truck or restaurant? Many people have the cooking skills to succeed in the food industry; however, their business skills may be lacking. There are a couple of ways to build passive income in the food industry: automation and franchising. But first, we have to create a…
Dividends! Now More Than Ever
Financial markets are in turmoil, gas prices are through the roof, and we are preparing for a recession—how do we survive? First, calm down; it’ll be okay. Next, we must devise a plan to set ourselves up for financial success. We know that our jobs will not increase our salaries to match inflation. So, what…
Small City. Passive Income. Great Retirement.
I’m a huge fan of retiring overseas to maximize my retirement dollars. Why not travel to a place where your dollars can allow you to live like a king or queen while still saving and investing? I wrote an entire series about Living Overseas on Passive Income (101, 102, 103, 104, 105, 106, 107, 108,…
Education Destroys Creativity
I was a fairly decent student in high school (1995-1999). I graduated with a 4.4-grade point average and immediately joined the United States Marine Corps. Twenty-three years later, I am still in the Corps and finally expressing myself through creativity. But why is it so hard for us to show our creative sides? What changed…
The Metaverse 116: Advertising in the Metaverse
The advertising economy has shifted from billboards to content marketing. No longer can you run an ad and have someone purchase your product instantly. Ads are suitable for maintaining brand awareness across multiple generations of people (think Coca-Cola), but you’ll need to do more. The move from radio, magazines, and newspapers to the world of…
Blogging vs YouTube #2: For Small Income Streams
Becoming a content creator is challenging, especially if you don’t have a goal in mind. Today, let’s focus on staying a solo entrepreneur (or solopreneur). This term means creating a business by yourself, for yourself. Solopreneurs limit their reach purposely so they can better control their time and resources. I choose to stay in a…
The Magic of Leverage
Leverage is everything in life. To understand how the world operates, you must start seeing the world through who has leverage. Who has the leverage if I want to install a vending machine inside a restaurant? The restaurant owner has the power, so I need to approach this person accordingly. I need to anticipate how…
5 Takeaways from “The Bond Book”
“The Bond Book” by Annette Thau is a must-read for any investor in any asset class. The bond market is much larger than the stock market. You wouldn’t know that by comparing the media coverage of the two. Bonds are everywhere, in every asset class, government entity, corporation, and mortgage ecosystem. To be a successful…
Blogging vs YouTube #1: Build the Right Mindset
This series of articles will be controversial because we all have opinions about these income streams. However, looking at both sides as objectively as possible is good. Off the rip, 90-95% of people cannot make a good income from either of these sources of revenue. It takes patience, discipline, and delayed gratification to be successful…
The Metaverse 115: Coaching in the Metaverse
Being a coach is a demanding career because you have to bring more energy than your client. They expect you (and pay you) to be on point, knowledgeable, and a leader. I talked about coaching in “Start a Coaching Business towards Passive Income.” Today, we will take it a step further and see how we…
Crypto Investing 107: Voyager Comes to a Halt
It’s a sad day indeed, but one we should always anticipate. The crypto markets are in turmoil, and it looks like the crypto-verse is collapsing. Voyager (affiliate link), my favorite centralized exchange in crypto, is no longer accepting withdrawals, deposits, or trades. They are essentially waiting for markets to start rebounding. You can read the…
Buy The Dip! The Magic of Averaging Down
Have you ever bought an outstanding stock at a wonderful price and been proud of yourself? These are the times when we are happy to be investors. However, a bit of bad news in the markets turns your premiere investment into a big flash of red. The price plummets, and now you don’t like looking…
Stocks vs. Cryptos 2: Battle of the Beaten Down Assets
The world has changed dramatically since the time I wrote “Stocks vs. Cryptos.” That was over a year ago, and the stock market and crypto markets were much higher. Since the Federal Reserve has raised interest rates to curb inflation, it may also drive the economy into a recession. There seems to be a lot…
The Metaverse 114: Consulting in the Metaverse
Talk about the metaverse is cooling off as we enter the great recession of 2022. But don’t be fooled by the lack of interest—the metaverse will be back soon and bigger than ever. Led by Meta (formerly Facebook), companies are still investing massive amounts of cash into the metaverse; therefore, we need to take its’…
Crypto Investing 106: What’s Your Budget for Speculation?
Hopefully, the Crypto Investing 101 Series (101, 102, 103, 104, 105) has made you more comfortable with the idea of adding crypto to your investment portfolio. However, crypto is not at the point where it needs to be your largest holding or primary source of income. Today, I want to discuss how crypto can play…
