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Every Day I Wake Up to More Income! Income Investing for the Win
I started working at age 16 during the summer of my sophomore year in 1996. I continued exchanging time for money until the summer of 2019. In June 2019, I began exchanging time for assets. These assets then paid me money that I could use to purchase more assets. I retired from the military in…
Creating Passive Income in Your 50s: Learn to Earn in Your Sleep
We shouldn’t have too many worries in our 50s. In fact, our main concerns should be improving the lives of our loved ones and how to enjoy our wealth. However, too many people struggle financially in their 50s. To put it bluntly, you are behind the power curve if you depend on a job for…
Creating Passive Income in Your 40s: Learn to Make Money in Your Sleep
We should all strive to become financially sophisticated in our 40s. Financial sophistication includes knowledge of taxes, business, interest rates, leverage, real estate, and dividends. The ultimate goal of this financial sophistication is to create passive income that arrives in our accounts while we sleep. This passive income frees us to make even more money…
Be Selfish Until You Become Selfless: The Road to Sustainable Dividend Income
We all want to donate to charity, give to churches, and help family and friends; however, all these endeavors come at a cost. As a young Marine, I helped my mom financially, not understanding that I was actually holding myself back in the long run. This article is for the many people who want to…
Creating Passive Income in Your 30s: Learn to Make Money in Your Sleep
I’ll be as honest as possible: your 30s are the toughest decade you will face. You will be challenged from every angle; work, marriage, kids, and housing will all play on your fears. However, this is also the perfect time to establish passive income streams that will last a lifetime. As you settle down in…
Creating Passive Income in Your 20s: Learn to Earn in Your Sleep
They told us to work hard and earn money but didn’t tell us how to allocate it. Moreover, they have enough advertising and marketing to ensure we misspend our cash. We may not have much wisdom in our 20s, but we sure have a lot of time. If we can make a few solid financial…
The Magic of Compound Interest: How to Harness the Magic in Your Life
How do you explain to someone that they can become rich? That they have the power to set themselves free from workplace stress and financial anxiety? I didn’t grow up with many resources, so I joined the US Marine Corps at age 18 in 1999. I served for 20 years, struggling to get my finances…
Make Passive Income: All Day Every Day
I was 38 years old when I came across the term “passive income.” I was 20 years into my career in the Marine Corps, and my finances were in shambles. My wife and I weren’t big spenders. We didn’t drive brand-new cars or renovate our homes. We simply did not have the financial information we…
Dividend ETFs vs. Asset Managers: The Best Place for High Growth and High Yield
We love to do things ourselves. However, sometimes, it is best to leave things to the professionals. Picking individual stocks can be challenging, especially when considering an unknown future. Luckily, we can access professionals by purchasing shares of dividend ETFs and asset managers. Both products offer high growth and high yields; however, they are unique.…
Index Funds vs. Bitcoin ETFs: The Best Growth Vehicle for the Future
Having growth in our portfolio helps us outpace inflation. Although we plan never to sell shares, growth products give us significant leverage by expanding the scope of our power. With the advent of Bitcoin ETFs, which trade on the stock market, we now have major decisions to make about which growth products will best serve…
Art Edition- The Biggest Book on Passive Income Ever 4!
INTRODUCTION 00 000 The Biggest Book on Passive Income 4 FINANCIAL MINDSET 01 001 Are We Living in Fast Forward? Things Have Changed Since 2020 01 002 Being Mediocre is Not Okay 01 003 Building Generational Wealth: Via Dividends 01 004 Building Generational Wealth: Via Real Estate 01 005 Create Money, Spend Money, Grow Money:…
Web Edition- The Biggest Book on Passive Income Ever 4!
INTRODUCTION 00 000 The Biggest Book on Passive Income 4 FINANCIAL MINDSET 01 001 Are We Living in Fast Forward? Things Have Changed Since 2020 01 002 Being Mediocre is Not Okay 01 003 Building Generational Wealth: Via Dividends 01 004 Building Generational Wealth: Via Real Estate 01 005 Create Money, Spend Money, Grow Money:…
Treasury Bond Face-Off: Savings Bonds, Treasuries, TIPS: Which Product Is Right For Your Situation?
Getting money into a savings account can be one of the most daunting tasks of your life. Even scarier is WHERE you decide to save your money. This scenario is why many people keep their money in a standard savings account, earning 0.01% interest. We can do better. We can repurpose our savings accounts into…
Trading Long Strangles vs. The Options Wheel: How Much Capital To Get Started?
It’s the clash of the titans: trading long strangles versus the options wheel. I started my options trading journey by selling covered calls, which is part of the options wheel. Over time, I started selling cash-secured puts to lower my cost basis on future shares. Together, selling covered calls and cash-secured puts comprise the options…
CDs vs. Bonds 2: The Best Options for Retail Savers and Investors
Getting your finances “together” means putting idle money to work. Saving and investing can be tough concepts for the average person because they involve risk. Today, I want to assist retail savers and investors in deciding which products are best for their unique situations. The first step to making informed decisions is accumulating lots of…
New Year’s Passive Income Resolution 2025: Increasing Net Worth and Income by 10%
Another fantastic year in the history books, but there is no time to look backward. 2025 will be a time to celebrate our amazing passive income dreams as we achieve them. 2024 was my first year of full retirement, and it went splendidly well. Were there bumps in the road? Of course. However, there was…
How to Become a Part-Time Options Trader #4: Trading Long Strangles
Do you want to become an options trader but have limited resources? In this case, I recommend trading long strangles for passive income. Trading long strangles differs from selling covered calls because you buy options contracts. It is much cheaper to purchase a call than to sell a covered call. Today, I want to walk…
Christmas Cash Flow! Become Your Own Santa
How much money do you have to spend for Christmas this year? I pray that you do not have to use credit cards to purchase gifts—like many Americans. Instead, I hope you have as much money to spend as you desire. It may sound outrageous or impossible, but you can achieve this financial feat by…
How to Become a Part-Time Options Trader #3: Selling Covered Calls
Now that you have prepared yourself mentally (#1) and saved a nest egg (#2), it’s time to jump into the options market. First, you must decide which technique you want to try. An excellent place to start is selling covered calls for passive income. This strategy presents little risk, but does require a lot of…
How to Become a Part-Time Options Trader #2: Building Your Nest Egg
Options trading is a capital-intensive operation, meaning you’ll need a ton of money to fund your trading. Money is perhaps the reason why most people don’t trade options. Today, I want to walk you through how to build an options trading brokerage account from scratch. During this article, I will use a nasty word that…
