Tag: Stocks
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.…
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…
Retiring on Dividends 102: Dividend Growth Investing (High Growth)
There are many ways to retire on dividends, but you’ll have to pick the best path according to how you want your future life to look. Some people love to see their portfolio’s total value grow and compound, while others prefer to see their portfolio’s income grow and compound. Welcome back to the Retiring on…
Retiring on Dividends 101: Preparing for Passive Income
They taught us to work for money. Working is so ingrained in our nervous system that we get anxious when not working. When we aren’t working, we feel the world will collapse upon us. But the rich don’t work for money; they work for assets. Once they have enough assets, the assets work for them.…
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…
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…
Don’t Work Hard for Money 2; Work for Income-Producing Assets
Why do you go to work? Is it to pay bills or provide for your family? Do you go to fund your kid’s college tuition or purchase a home? These things are noble but may not get you the desired results. In fact, there is truly only one reason to work—at least at first. Why…
The 40-40-40 Plan vs. Happy Cash Flow Retirement
They told us that if we worked hard, were smart with our money, and planned well, we would have a great, exciting retirement. How is that working out for you? The 40-40-40 plan involves working 40 hours a week for 40 years and receiving 40% of your income during retirement. That was the plan they…
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…
No Freakin’ Way Am I Working Another 25 Years part 4
I vividly remember my 40th birthday. I was in Okinawa, Japan, on a two-year unaccompanied tour away from my family. I was working hard to establish my writing and book publishing business. I had been in the Marine Corps for 22 years at the time. The last three years were the hardest because stress levels…
5 Takeaways from “How to Day Trade for a Living”
“How to Day Trade for a Living” by Andrew Aziz is a powerful look into the world of day trading. Although I do not aim to become a day trader, I can transfer many essential skills to my love of options trading. Day trading is a brutal profession that can destroy most people who try…
The Biggest Book on Passive Income Ever 4!
How do some people get to live the life of their dreams? They get to travel where they want and buy whatever they desire. Their lives seem impossible to obtain, especially if you are in the nine-to-five daily grind. But I am here to tell you that you can remove yourself from the rat race…
Dividend Stocks vs. Income Stocks: What is the Money Difference?
We all go to the stock market to achieve various results. Some of the reasons are to generate income, build wealth, and provide tax shelter through capital gains. No matter the reason that attracts you to the world’s biggest stage, you’ll need to be intentional with your money and investing goals. Not all stocks and…
Options Trading for the Everyday Person
Money doesn’t grow on trees; however, we can plant trees that grow money. We can use multiple income streams to create the lifestyle we envision for our family and friends. But how do we get to the point where our money works for us? Society seems to be withdrawing more money from our accounts than…
Dividend Investing with a Splash of Options Trading
Who doesn’t love getting a paycheck? Receiving our weekly, bi-weekly, or monthly paychecks is perhaps one of the greatest feelings you can have while in the workforce. Do you know what’s even better? Getting a paycheck when you didn’t work for it is much more exhilarating. That’s the magic of income investing; it allows you…
America Will Never Let You Rest: We Must Achieve a 50% Savings Rate
Do you have the feeling that you are constantly running in place? That every time you make some progress, you have another financial setback? Welcome to America. Welcome to capitalism. The only way to get ahead in America is to become uber-rich. Yes, we can get ahead of bills by living below our means and…
The Magic of Trading Long Strangles: The Best Passive Options Trading Technique
Have you ever dreamed of creating a money machine? Well, the secret to getting rich is finding a way to generate out-sized returns—and continually repeating the process. I stumbled upon trading long strangles through my options trading journey. The returns have been magical. I am still waiting for the downside to show its face. In…
Income Investing for the Win!!
Have you ever felt totally in control of your life? Have you ever felt that you can handle any and every problem that comes your way? That’s how I feel nowadays. But it wasn’t always like this. Less than five years ago, the world told me what to do, and I followed. The world bullied…
7 Reasons to Become an Income Investor
Are you tired of living paycheck to paycheck or being broke? Do you crave to take your family out to nice restaurants and sports events on the weekends? There are three ways to climb out of the rat race: getting promoted, living on a budget, OR taking control of your passive income. The first two…
