Tag: Financial Independence
5 Takeaways from “How to Invest in a Mobile Home Park”
“How to Invest in a Mobile Home Park” by David Rousher guides us on how to invest in mobile home parks. Duh. What’s not so obvious is why you would want to invest in a mobile home park. Many of us want to retire and still have income, and owning a mobile home park may…
Debt Free? So, What’s Next?
Becoming debt-free after years of struggling under the crushing weight of consumer debt was an amazing feeling. Many people will never understand the gravity of being debt-free. It is as if you are floating on a cloud of air. However, being debt-free is just the beginning of a long journey towards the land of a…
The Magic of House Hacking
So you want to be a millionaire? Most of us will never accomplish this status, not because it is difficult to achieve, but because we don’t want to sacrifice. Yes, most self-made millionaires had to sacrifice something to achieve wealth. Many wealth generators can make us millionaires. I use the military as my wealth generator,…
Losing Friends? Your Doing Something Right
It’s funny how much my 15-year old son loves hanging out with friends. As parents, I try not to rain on his parade and tell him the truth. As we age, our friends do not want us to succeed. Don’t get me wrong; we should have 2-3 true friends. We may even have some family…
What Type of Home Business Should You Start?
So, your career is winding down. You are preparing to go into the unknown land of retirement. However, you will still need fresh income coming in via multiple sources. Of course, you have dividend and rental income, but having a more flexible type of income will also be great. Enter business. With a business, we…
RE Lifestyles 2: Investor vs. Lender
Investing in real estate is one of the fastest and easiest ways to grow your wealth. One of the main contributing factors to the speed of wealth creation is the use of leverage. Leverage is the ability to use OPM or Other People’s Money. There are two sides to leverage—the investor who asks for the…
The 8-Hour Mindset Destroys Wealth
Did you wake up today and go to work? Great, welcome to being an adult. We like to use “BLUF,” which stands for Bottom Line Up Front in the military. It simply summarizes the email or PowerPoint in the first sentence. For this article: BLUF- You will never truly be free unless you build your…
The Magic of Dividend Growth Investing
There is a certain magic in growing your own crops. You fertilize the soil, plant the seeds, and hopefully pick the fruits that the plants produce. But, gardening should only be for people with patience. There is no fast way to start a crop-producing garden. Welcome to the world of Dividend Growth Investing or DGI.…
Living Overseas Passively 104: Dividend Income
We have come a long way in our quest to live overseas on passive income. Throughout the Living Overseas Passively series (101, 102, 103), we have explored the mindset we need to acquire and what retirement income we can best leverage to make our lives comfortable overseas. Now, it is time to present the granddaddy…
5 Takeaways from “How to Start, Run, and Grow an RV Park, RV Resort, and Campground Business”
“How to Start, Run, and Grow an RV Park, RV Resort, and Campground Business” by Jack Wendling is a deep-dive into the world of owning an RV Park. I don’t have any plans to own an RV Park at the moment, but who knows what the future will bring. There is a lot to owning…
H.E.N.R.Y. High Earner Not Rich Yet
Money seems to be in abundance. Everywhere I look, store shelves are empty, people are driving new cars, and I see RVs and boats littering the road. So, is everyone rich? Apparently, there is a lot of money flowing through people’s hands and wallets. Why, then, do I keep hearing that most Americans will not…
Start a Small Machine Coin-Op Business
I’ve always been fascinated with ATM machines. Yes, I know that the acronym stands for Automated Teller Machine, but I still love saying ATM machines. I always wondered where that surcharge went and who was responsible for running them. It turns out that ATMs are a great source of passive income, with some caveats, of…
RE Lifestyles 1: Rentals vs. REITs
No matter how you feel about real estate, it is the best wealth generator for the average person. However, there are multiple ways to get involved with real estate; we just need to find the ones that suit our tastes best. Today, I begin the Real Estate Lifestyles series, comparing real estate versus other professions…
CryptoCurrency 110: Wrap Your Coins
Every day we should strive to learn something new and different. I research two ways: new articles and reading books. I like to read my crypto news on the CoinGecko News platform. They always have a mix of education and current events. Anyways, I was reading some articles, and I kept seeing references to wBTC.…
Don’t Gamble with Retirement 3 + 4
There is something genuinely unique about owning your content. I can do whatever I want with my content. However, when we create books with exclusivity, it limits our ability to reach the intended audience. Free 696-Page PDF Download I pulled “Don’t Gamble with Retirement 3” out of exclusivity so that I can now present this…
Be Smarter Than the Average Bear (Market)
“The market is going to crash!” You have probably been hearing this for the last 4-6 years, or even longer. The market always seems to be hitting new highs, and it never seems to be a good time to invest. However, time in the market is better than timing the market. This saying means that…
The Wealth Accumulation Phase: 2 Is Better Than 1
My wife is my lover, best friend, business partner, and wealth-accumulation teammate. We recently moved into the wealth accumulation phase of life, and I can now share some experiences on our fantastic journey. A quick backstory. My wife and I met over 17 years ago and married 15 years ago. I was a young Sergeant…
What is Passive Income?
I have been writing religiously about passive income (600+ articles) for a little over a year now. However, I don’t think I have written an article addressing passive income from the top down. Today is that day. I will attempt to cover all aspects of passive income the best way I can. What is passive…
Create a Never-Ending Stream of Content 2
Wow! Content, content, content. I published “How to Create a Never-Ending Stream of Content” on January 31st, 2021. I was just getting my feet wet in the daily content business. Now, eight months later, I can say everything I wrote was accurate. I went back and read the original article to refresh myself on what…
Living Overseas Passively 103: Retirement Income
What are the best methods to retire overseas with income from our working years? Most of this income will be hard to tap into because most of it is unusable until 60 years old. But let’s take a look at our options and see what plans we can make with our retirement income. Welcome back…
