Tag: retirement
Stock Market Investing in Your 70s: Passing Income to Future Generations
An asset is something we can pass on to future generations. Focusing on their futures ensures we make the best decisions for our and their well-being and longevity. Honestly, we should be financially savvy and independent in our 70s; there is no reason not to be. Therefore, we can begin mapping out our future endowments…
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…
Stock Market Investing in Your 60s: Let the 401K Conversions Begin
We all love the idea of recycling—turning something old into something new. In our 60s, we can turn our pile of money (401K) into a massive passive income stream. That’s right. We will forget the 4% rule and earn 9-10% yields on our invested capital. Do you need a financial advisor to manage your money…
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.…
Stock Market Investing in Your 50s: It’s Time to Take Control of Our Finances
Our 50s allow us to finalize any loose ends as we prepare for retirement. Although there will be many bumps along the way, income will enable us to live our dream retirement. We wrestle the horns of the bull during our 50s. This decade is a “Do or Die” time for our finances. We must…
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:…
Stock Market Investing in Your 40s: Preparing for a Happy Cash Flow Retirement
Our 30s can push our finances to the limit; however, our 40s present a unique opportunity. We can set the stage for an extraordinary Happy Cash Flow Retirement during this decade. The stock market will significantly contribute to our retirement success through growth and capital gains, but mainly through income. Our income investing allocation should…
Stock Market Investing in Your 30s: Crunch Time in Your Crunch Years
I’ve said it once, and I’ll say it again, “Your 30s are the most financially challenging decade of your life.” Therefore, if you can keep it together in these years, you’ll stand a decent shot of winning in the end. I started investing at the ripe old age of 38—much later than I should have.…
Stock Market Investing in Your 20s: Time in the Market Always Wins
I’ll keep this series very simple: allocate your age (the number) to income-investing products. If you are 25, allocate 25% of your investment portfolio to income. If you are 75, allocate 75%. Income-investing assets are products that focus primarily on current income. Therefore, they exclude dividend growth stocks like Apple (APPL) and Johnson & Johnson…
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…
Investing for Interest 119: The Magic of Corporate Bonds
I want 30-year bonds that yield over 6%. Unfortunately, I must look beyond 30-year Treasury Bonds, which currently pay 4.5%. But where do I look? How do I find high-yield bonds that are also reliable and low-risk? It’s time to venture into the world of corporate bonds. I’m new to the world of corporate bonds,…
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…
Retirement Plus: Supplement Your Retirement with Rental Income
There has been a lot of debate on whether you should purchase a home or not, and I’d like to put this topic to rest. Not only should you own one house, but you should also own many homes. In addition to owning multiple homes, you should rent out at least one room in your…
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…
Retirement Plus: Supplement Your Retirement with Royalties
I never knew that being creative could help you build wealth. I spent 24 years grinding in the United States Marine Corps, doing God’s work. I read all of Robert Kiyosaki’s books toward the end of my career, which began highlighting ways to create cash flow using creativity. It takes a while for a government…
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…
Covered Calls vs. Cash-Secured Puts 2: The Best Strategy for Intermediates
Options trading can be an exciting hobby, but the stakes are high. As we mature as options traders, we must refine and improve our skill sets. I wrote “Covered Calls vs. Cash-Secured Puts” roughly a year again, so it’s time to dig a little deeper. How do you pick stocks that give great returns? How…
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…
