Over the last few years I've been in the fortunate position to meet some fascinating people from all walks of life. Quite often I also get to pop the hood on their finances. The financial stories are just as varied as the people, but a select few have achieved a rather impressive abundance of wealth. I have noticed a commonality within this community: in absolutely zero instances was this high level of wealth achieved via the stock market.Read More
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Lane Kawaoka is a professional engineer by day and a passionate real estate investor and syndicator by night. He's also a published author, podcaster, coach, and contributor to the Forbes Real Estate Council. I was fortunate enough to be a guest on Lane's podcast, Simple Passive Cashflow which just went live this week.Read More
There is nothing more dangerous than blanket investment advice. Yet, everywhere you turn, you will find headlines giving you just that: the next best, can't miss investment. All your troubles are swept away if you just follow this particular guidance, or buy this specific product.
These headlines sell because they promote a false sense of security and simplicity. People want the microwave approach to solving an issue. But the problem is that proper investment advice is not that simplistic.Read More
If you know me, or have visited my website, I'm sure have grown to realize that I am a supersized advocate for passive income. I believe that growing a diversified balance of income streams will set the foundation for financial independence more quickly than savings and traditional investing alone. The concept is not hard to understand for most, but implementation and knowing where to begin in this path can pose a challenge. So today, that's exactly what we're going to address. I will highlight some different methods of passive income investing in addition to the pros and cons, and possible barriers to entry for each product.Read More