Catalog Search Results
Author
Series
Language
English
Description
Who said that going to work daily would get ahead in life? They told us to believe that we can grind away toward financial freedom. However, that's not the case. To become free, we must work hard for income-producing assets. With inflation on the rise and a recession on the horizon, it's more important than ever to value our money and resources. To get ahead financially, we live below our means, find more work, and create passive income streams. Doing...
Author
Series
Language
English
Description
The "Quiet Quitting" and "Great Resignation" movements are all about caring for yourself and your mental health. However, the only way to achieve what you want in life is to be obsessed toward your passions, dreams, and goals. Your job was never intended to be your passion; it's a means to an end. You go to work to pay the bills, feed yourself, and ensure your family has resources. Your passion is what keeps you reading late at night. It's what you...
Author
Series
Language
English
Description
Keeping your affairs tight is tough in your 20s. You will start from the bottom of a company, and begin your search for a spouse. It's easy to focus on jobs and relationships over wealth building. However, this is the best time to build wealth because you are entirely in control of your finances. You can use bonds to build an emergency fund, anticipate capital gains, and create income. There are two types of bonds we should use during our 20s. These...
Author
Series
Language
English
Description
We should be winding down in our 50s-less work with more cash flow. Does this sound impossible? If you have your money working harder than you, you can achieve success without much effort. But this takes passive income. Of course, we want to utilize closed-end bond funds to receive a high income and replace our paychecks. But we also want to buy Series "I" Bonds for our kids. These bond nest eggs will ensure our kids earn passive income in their 30s...
Author
Series
Language
English
Description
Saving is something that we don't learn naturally. It actually takes a lot of documentation to make saving a routine habit. Inside, I list my process of identifying and documenting all of your expenses on a spreadsheet. Then, over time, you reduce or eliminate these expenses and turn them into payments to your savings accounts. It's the same money, but it goes to different places. Eventually, you will force yourself to save significant amounts of...
Author
Series
Language
English
Description
As parents, we are responsible for our children until the day we leave this Earth. Yes, this is a different mindset than when we were growing up. Unfortunately, the economics of life has changed. No longer can one person achieve everything in one lifetime-they will need help. It starts with making the tough choice between college, trade school, or the military. But this decision involves a significant factor-if you have a property for your children....
Author
Series
Language
English
Description
Do you fear you could lose your job during the next recession? Having only one source of income can be pretty risky. Whether you lose your job or not, you'll need to create another revenue stream. Why not start an online business? An online business has the potential to reach a massive worldwide audience. The more people you serve, the wealthier you become. However, building an online presence takes time to compound and grow. Do you have the grit...
Author
Series
Language
English
Description
In December 2022, my wife and I received $565 in special dividends from three closed-end funds. This money is life-changing because it represents the path to true wealth. To become rich, you must utilize your brain as much as your body. Building passive income is the ultimate achievement outside of keeping your family together. Special dividends are another added benefit of earning money while you sleep. I prefer income investing because it puts money...
Author
Series
Language
English
Description
Bond investing is making a massive comeback. You can reinvest into higher-yielding products as you receive your coupon payments. I just received $17 of bond coupons and went shopping within my income investing portfolio. By first filtering your money through bonds, you can protect your principal at all costs. But, by reinvesting in high-yield products, you keep an income element in your portfolio-building multiple paychecks along the way. Good Luck!...
Author
Series
Language
English
Description
There has been a lot of talk about thought leadership recently. You may have to become a thought leader to get to the forefront of entrepreneurship and business. But what is thought leadership, and how can you become a thought leader? Thought leaders have their own unique vision and can articulate it clearly. But you cannot just get on stage and throw your opinions to the world. You must be well-read, clear, and concise. Reading, writing, and arithmetic...
Author
Series
Language
English
Description
You have a lot going for you in your 20s-mainly the ability to work extremely hard and recover quickly. However, you also must overcome natural urges from your hormones and school programming. If you can build an income portfolio that pays your $1,000/month in dividends, you will be free for life. Time is the critical component of compounding, and you have time on your side. Your $1,000/month income stream will turn into $11,000/month in your 40s....
Author
Series
Language
English
Description
Do you want to become an income investor? Income investing has improved my life, so I love discussing it. One of the significant portions of income investing is preferred shares. Preferred shares are notorious for hiding in plain sight. There are many ways to invest in preferred shares, with time being time most common limiting factor. If you have the time, picking individual preferred shares is the best method. However, you can also dollar-cost average...
Author
Series
Language
English
Description
Living below your means gets a lousy repetition. People believe this means you can't buy Starbucks, eat out, or go on vacation. LBYM simply means you live a couple of notches below your income level. If you earn $6,000/month, you try to live on $4,000. We call the extra money cash flow, and it is the heart of your household. We use the additional income to save and invest. Saving and investing have different purposes, but all lead to the same results....
Author
Series
Language
English
Description
Income investing changed my life drastically. Now, I no longer worry about running out of money or what to do in case of emergencies. But, I wasn't always an income investor; I was a worker-bee. Growing up in the workforce didn't get me ahead financially. Once I started to understand income products such as closed-end funds, preferred shares, and mortgage REITs, my income started to multiply. Being an income investor requires discipline, vision, and...
Author
Series
Language
English
Description
I am here in San Diego against my will; however, that doesn't mean I can't continue to save and invest. It's tough to budget for success here in California. Living in a high-cost-of-living area requires a mindset that most people cannot fathom. First, I rent a room and drive a $17,000. Those two items are how I keep my expenses low from the start. Next, I give myself $50/day for food, gas, and miscellaneous items. I can stay under budget reasonably...
Author
Series
Language
English
Description
As income investors, we constantly search for high-yield dividend products; some of the top dividend producers are mortgage REITs. However, these products could be the most challenging investment out there. To safely invest in mREITs, you must understand the relationship between mortgage-backed securities and treasury bonds. Once you understand the hierarchy of bond investing, starting with the Federal Funds rate, investing in mREITs will be logical....
Author
Series
Language
English
Description
The stock market is full of many securities, so knowing why and what you buy is essential to survive. Most investors will only purchase common stocks, but preferred shares offer significant benefits as well. Common stocks have unlimited upside and dividend potential. In comparison, preferred shares can give you what you need exactly. Combining common stocks and fixed-income preferred shares will give you a paycheck and a nest egg. Use them both to...
Author
Series
Language
English
Description
The school system doesn't create well-educated children. I'm not here to blame anyone because it's challenging to educate people in mass. This opens the possibility for educators to build their own tutoring businesses. But we are not aiming to exchange time for money. We can release blogs and videos teaching our various educational techniques. From these, we can build online courses and printables. Finally, we can do one-on-one tutoring, but it will...
Author
Series
Language
English
Description
Everyone wants to be successful; however, few are willing to pay the price of success. Those who choose to grow in the world are often alone. Once others deem them successful, they shun support and guidance. The worst offenders are parents. As parents, we want to level the playing field. Often, this means giving an out-sized portion of our support to the struggling child. Over time, this can lead to sanity issues with our successful children. They...
Author
Series
Language
English
Description
What if someone paid for all your vacations for the rest of your life? How cool would it be to have an account just for holidays? You can build such an account; however, it will take time and effort. I estimate it will take five years to build a portfolio that suits your needs. It took my wife and me three years to earn $1,000/month in dividends. Now, at age 41, we are set for life. We have $12,000 per year towards our vacation if we so choose. Are...
Didn't find it?
Can't find what you are looking for? Try our Materials Request Service. Submit Request