Tag: free-pdf-book
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…
Preferred Shares vs. Closed-End Funds: The Battle for Income
Man do I love dividend growth investing. Buying blue-chip companies, receiving dividends, reinvesting the income, and let the compounding effect happen over time. I love buying companies like Coca-Cola (KO), Pepsi (PEP), Walmart (WMT, and Target (TGT). Even better is buying growth companies that pay small dividends like Costco (COST) and Microsoft (MFST). Their small…
Should You Manage Your Own Rental Properties?
Life is too short to do things we do not love—and nobody loves managing rental properties. We can clear the air right now and be completely honest with ourselves. As much as we disdain managing properties, rental income is one of the best sources of wealth on the road to retirement. So how do we…
Retirement Planning for the Average Person 1+2
In a strange twist of fate, it’s okay to be average. Funny right? Being average gives us the advantage of using our brains to get ahead. Luckily, we can increase the productivity of our brains by reading and taking action. In “Retirement Planning for the Average Person,” we talked about the “don’ts” for the average…
Selling Covered Calls for Passive Income
Options, options, options—we all love having options. Therefore, we should all learn how to trade options on the stock market. Learning to trade options is part of our bigger plan to diversify our passive income. First, a quick disclaimer. This article will not give you an exact science or step-by-step guide to selling covered calls.…
Retirement Planning for the Average Person 2
So you are still average? Great, so am I. There is no reason to whine or cry about our “basic” lifestyle. In fact, it is something to celebrate. When we lead normal, everyday lives, there is no outside influence for us to live above our means. This is part two in the Retirement Planning for…
Orange You Glad You Have Passive Income?
Ahh, passive income is the wind beneath my sails. It is the warm blanket on those cold winter nights AND the air conditioning during those hot desert afternoons. Passive income is helpful throughout life—that’s why we go out of our way to build passive income streams. This article is my second foray into fruit-based literature.…
Why You Should Learn Creativity and Design
Starting a business is always on the top of my mind, mainly because starting an automated business is one of our keys to success during retirement. If we do everything else right, we won’t need to have a huge automated business in our golden years. If we have a small automated business, wouldn’t it be…
Don’t Fear Delegation
Most of us want to be the best at what we do for work. We love to put in the many hours it takes to learn our jobs inside and out. Because of our dedication, hard work, and performance, others begin to depend on us. We become so used to performing at a high level…
Real Estate is a Mindset (Advanced)
So you want to be a real estate investor, huh? The thing that makes you a real estate investor versus a homebuyer is your mentality. Investors realize that real estate is just another asset class, like cryptocurrencies, commodities, stocks, and business. Knowing that real estate is a means to an end lets investors make business-based…
I’m Too Serious
When did America become a winter wonderland of fun, skiing, and lodges? Or how about a summer wonderland of boating, parasailing, and swimsuit parties? At last, maybe it was always that way, I just never noticed. Returning to America after a year overseas has been eye-opening. While overseas, I started an income stream of writing…
Don’t Gamble Your Retirement Away 4
I’m too serious. That is all I can say about myself after returning to America from a year abroad. Being 40 years old, I am hyper-focused on financially providing for my parents, wife, kids, and grandkids for the long haul. Whenever I browse through Facebook, I see other 40-year-olds boatings, riding motorcycles, going to theme…
The Magic of Cryptocurrencies
I’m in a magical mood today. My wife and I are brainstorming how to buy our fourth house and life is just altogether good. Let’s make it even better by talking about the magic of cryptocurrencies. My “The Magic of” series keeps expanding seemingly every other day. But I love that we can appreciate these…
Investing for Dividends 106: The Pros and Cons of Dividend ETFs
Whew, today’s topic is going to be controversial, at least in the dividend growth communities. I’m all about stirring the pot if it makes us all a little bit more informed. I will discuss dividend ETFs and if they will be suitable for your portfolio. I always seem to be rude, so let me get…
Living Overseas Passively 102: Financial Mindset
Okay, I am 40 years old and preparing myself to move overseas when I am 50. Before arranging my money and passive income, I first need to configure my brain to live overseas life. Living overseas can be vastly different from living in the United States, United Kingdom, etc. Depending on the country we decide…
What Limiting Beliefs Do You Have About Money?
Does how we feel about money play a role in our financial success? Yes, our beliefs, emotions, and experiences with money are a huge factor in how much money connects to us—and in which manner. Today, I want to get us mentally prepared to attract the money and life we deserve. What are limiting beliefs?…
Real Estate is a Mindset (Intermediate)
My wife and I just returned from looking at a new mobile home to put on our 3 acres in Florida. We looked at a few mobile homes, and they would all serve our needs well. Then we talked about the purpose of buying this home. Is it just going to be rental for the…
