Tag: kindle unlimited
Inflation Ate My Paycheck 108: What is Your Recession Budget?
The Federal Reserve needs to send America into a recession. Why? Because a recession is the best way to combat high inflation quickly. What does a recession mean for the average person? It means we will struggle with our livelihoods if we do not adjust our mindsets. Today, I want to review our budgets to…
Forever Valuable: The Magic of Evergreen Content
So you want to be a content creator, right? Creating content is one of the best ways to push your brain to its limit. But you don’t have to throw things at the wall to see what sticks. You can create content that you can slowly build upon over time. The more content you make,…
Private School vs. Real Estate
I think it’s safe to say that we all want the best for our children. We will move to different zip codes to change school districts or hire tutors to assist with coursework. In some communities, putting your kids in a private school is a golden rule. However, private school costs money—lots of money. Real…
Dividend Investing in Your 70s
Is it too late to start dividend investing in your 70s? Of course not. Plus, you will have to find a way to keep your 401K and Roth IRA growing throughout retirement and beyond. Welcome back to the Dividend Investing at Any Age Series (20s, 30s, 40s, 50s, 60s), where we build investment strategies for…
The Magic of High-Yield Bond Reinvestment
Do you want to be a high-yield dividend income investor but fear losing principle? Almost anything you invest in with high-yield faces interest rate risk. It’s understandable if you gravitate to safer products like Series “I” Bonds or Treasury Bonds. If you are near retirement, you must protect capital at all costs. But what if…
Happy Cash Flow Retirement 8
Today is a great day. I woke up understanding my purpose, my goal, and my mission. I also wake up every day richer than the day before. Welcome back to the Happy Cash Flow Retirement Series (Part 1, Part 2, Part 6, Part 7) My life consists of the magic of cash flow. I understand…
40-Year Interest-Only Mortgage: Affordability Assistance or Debt Trap?
The housing market is at a record low for affordability. Not only do we have sky-high prices, but also higher interest rates than usual. Yes, historically speaking, mortgage rates are in line with the average. We are currently sitting around 6% for a single-family 30-year fixed. However, housing prices are the highest they have ever…
You Can’t Get Rich By Acting Rich
Who doesn’t love a great movie? Movies make you laugh, cry, and get excited about your own life. For many, movies are their best hope of changing their mindsets. I love movies where a married couple has two kids, two nice cars, a home in upper suburbia, and can take vacations every year. This magical…
Turkey & Turnkey 2
How financially stable are you going into the holiday season? This time of year is the most expensive yet magical part of our lives. In what ways can we increase our income without spending our valuable time? To reach this challenging balance, we must create passive income streams. Rents to the win. One of the…
Pumpkin Spice & Royalties 2
We live in an amazing time where anyone can make supplemental income from royalties. We can use these royalties for anything we want in life, plus leave them to our children for 70 more years. The fall season is when we need additional royalties because it’s the time we spend the most money. Black Friday…
Fruits of the DGI Tree
When you do it correctly, dividend growth investing is a boring hobby. You pick 15-20 blue-chip dividend-paying stocks and keep investing in them for over 30 years. You hardly need to review your portfolio, check the stock markets, or read the news—you only need to stay the course. However, what you are building is of…
Is Budget a Bad Word?
Looking through social media, I always wonder how people budget. I make a decent amount of money (over $150,000/year), as does my wife (over $50,000), but we live on a budget. I see people going to Mexico, Hawaii, and the Dominican Republic and putting kids through private school. I see friends driving monster trucks and…
How to FALL into Investing 2
Ah, fall approaches again. Isn’t this a great time of the year? What makes it even more remarkable is that fall is the season of dividends and royalties. Last year, when I wrote “How to FALL into Investing,” I earned $430/month in dividend income. This year, I am over $1,000 in dividends for the month. …
The Magic of Automated Income Investing
There has never been a better time to become an automated investor. When you combine automated investing and income investing, you have a consistent way to create a paycheck. In this article, I will start with becoming an automated investor and dive into some of the various techniques I use across my accounts. Let’s begin.…
Counting on Crypto 3
The early parts of 2022 saw the attempted demise of cryptocurrencies. Central banks, governments, and institutions sought to destroy the fledgling crypto community. Don’t forget to check out the mega-book “Counting on Crypto 2 (free pdf).” But we survived, and we are currently on a slight upswing. What does the future hold for cryptocurrencies, decentralized…
Blogging is Tough: Commodity vs Content Blogs
I often list blogging as one of the best ways to make passive income, and I genuinely mean it. However, I’ll tell you a little secret: Blogging is tough! You have to imagine the internet as a world much larger than our physical Earth. Even on Earth, it is tough for people to notice one…
Dividend Investing in Your 60s
You worked hard over the last 30 or 40 years in the workforce. Even better, you saved a large amount of cash in your 401K and Roth IRA. Conventional wisdom says you should slowly drain your account using the four percent rule. Today, I offer a different method to make your money work for you—dividends.…
How to Buy an Expensive Home Safely
Unfortunately, house prices are through the roof. If you buy today, you are most likely purchasing at the top of the market. So how do you prevent yourself from getting burned in the process? My story. I bought a home at the top of the market in 2008. However, I didn’t prepare for the roller…
Dividend Investing in Your 50s
If we started investing in our 20s, 30s, or 40s, our 50s should be a time to focus on setting up our children. There are many ways to set up our children, but one of the best is building them a dividend growth investing portfolio. We used income investing in our early years because we…
Dividend Investing in Your 40s
This is it! Your 40s are your prime earning years. This timeframe is when you have the most control of your body and your mind. You should be earning massive amounts of money during your 40s. If you aren’t there yet, let’s start with that, then move on to dividend investing. Welcome back to the…
