Tag: free-pdf-book
Options Trading in Your 40s: Taking on More Risk
Our 40s can be a fantastic time. We could be married, our kids could be older and more self-sufficient, we may have climbed the corporate ladder, or we may be in a two-income household. Most importantly, we may have some time to ourselves. We can use this time to build a decent-seized options trading portfolio.…
Don’t Be ALICE: Asset Limited, Income Constrained, But Employed
We need jobs for one reason: to buy assets. Somewhere along the way, we started using jobs to pay bills. That’s how we got on the never-ending hamster wheel. They have a new term for this phenomenon—the working class. This means you will always work, grind, and still barely survive. I’m no longer part of…
The Four Principles of Dividend Growth Investing
The best way to become a great investor is to have principles you stand by. Conversely, it is good to understand the principles of strategies you follow. Most people follow the 401 (k) investment philosophy. This philosophy states that you invest in low-cost mutual and index funds until retirement. Upon retirement, you sell shares to…
Options Trading in Your 30s: Passive Income During Family Season
For most of us, our 30s are a time of personal growth and financial turmoil. So many things are going on at once that it can be overwhelming. In our 30s, we are getting married, having kids, building our careers, and buying homes. This season is already stressful enough; the last thing we want to…
Options Trading in Your 20s: Build Wealth at 30% Annual Returns
Most of us don’t have a lot of money in our 20s. In fact, we spend our 20s trying to have fun on a budget. If you can devote just a tiny portion of your 20s to income generation, you can exploit the power of compounding at an early age. But what is the best…
$5,000 Dividend Shopping Spree!
Isn’t it fun to go shopping with money someone else gives you? I remember my parents giving us $100 in 1991 to shop for the school year. We had to purchase our jeans (Wranglers), T-shirts, socks, and underwear (whitie-tighties). We had so much fun during those times. Those days were over once I turned 16…
I Bought a Tiny Home: Are They the Solution to the Housing Crisis?
Millions of Americans are experiencing the housing crisis. Those who bought homes before 2020 should be sitting pretty. However, things look bleak if you are in the market after the pandemic. Personally, I believe the solution lies in having multiple families living together and saving money. Eventually, they will be able to afford a home…
Floating Away: The Magic of Floating Rate Preferred Shares
Something strange happened to me the other day; I received more money from one of my preferred shares than anticipated. Rarely do things surprise me, but this was a great way to start the day. Nothing makes you feel more special than earning more money on your investments than you thought. But what happened? Why…
Count Every Penny: Budgeting Your Way to Financial Independence
Why is it so difficult for us to budget and save? Why do we use scapegoats like inflation, price increases, and wage stagnation to deflect? The simple fact is that we must count every penny that enters and leaves our homes. That’s the only way we will build wealth and retire early. But somewhere along…
The Options Wheel vs. Dividends
We need to keep our money working for us at all times—in the safest way possible. Sometimes, this means using a high-yield savings account, investing in dividend stocks, or even trading options. I recently discussed selling covered calls and cash-secured puts versus buying dividend-paying stocks. The conclusion was that trading options can be much riskier…
Cash-Secured Puts vs. Dividends: The Best Passive Strategy
The best way to retire early is through dividend investing—hands down. But that doesn’t mean that dividend investing is the best way to generate income. The goal is to create a Happy Cash Flow Retirement where new money comes in every day. Dividend investing can create lots of cash flow, but you will surrender much…
Covered Calls vs. Dividends: The Best Passive Strategy
If you want to retire in America, you must build a stream of passive income. There are many ways to generate income in your sleep; however, understanding these streams is vital to building wealth. Two ways to generate a return on your invested money are selling covered calls and investing in dividend stocks. Both options…
Secondary Mortgages for Everyone! The Government wants to get into the Home Equity Loan Business
The US economy is stalling because the average consumer is overburdened with debt. The answer is for everyone to live below their means, pay down debt, and generate passive income from investments. But that sounds boring. The easy answer is to offer everyone the ability to assume more debt. That’s precisely the route the federal…
Reject the 40-40-40 Plan: 40 Hours Per Week, For 40 Years, For 40% Retirement
Most of us are halfway (or more) through our financial journeys, but it’s never too late to change course. The plan the experts sold us was never going to set us free. To become financially independent, especially before 50, we must travel a different path. To obtain assets, we must learn to leverage capital markets…
Retiring to a Small City and Living on Passive Income 2
Do you want to have the chance to retire in this lifetime? Even better, do you want to retire early, perhaps in your 40s or 50s? There has never been a better time to create a Happy Cash Flow Retirement, but it will take sacrifice. Your company no longer gives you a nice pension with…
Beat Housing Inflation with Dividends
The costs of owning or renting a home are rising at unprecedented levels. Everyone who stays inside a shelter feels the effects of economic inflation and corporate greed. There is literally nowhere to hide; all we can do is get better. I want to look closer at what is causing this housing inflation and how…
Become a Capitalist: Retire Early
Pensions are gone, and they are not returning. You cannot depend on Social Security. Your 401K will only provide you enough income if you invest over $2 million. So, how the heck are you supposed to retire? There is only one way to retire early—through passive income. Becoming a capitalist is the only way to…
Supplement Your Retirement with Income Investing
Have you seen the new narrative concerning retirement? It basically says that no one will be able to retire unless they are in the top 5-10% of wage earners. Do you believe this nonsense? I believe that anyone who sets a goal and stays on the path can retire comfortably with honor. However, you must…
The Robots Are Coming: Time to Start a People-Focused Business
Your job may be coming to an end soon. In fact, most humans may not be working a job in 50 years. The laws of corporate profits dictate that companies reduce costs to maintain profits. For many companies, human capital (us) is their highest expense. And with some fast food workers in California now being…
Don’t Gamble with Retirement 12
What does retirement mean to you? After being retired for six months, I can tell you what it means to me. It means I don’t get anxious when I go to bed on Sunday night. It means that my most important meetings of the day are with my wife and kids. It means I prioritize…
