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Entries Tagged ‘passive income’

How To Create Passive Income

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If you really want to achieve financial independence or to retire from the rat race, you must have some type of income to sustain your lifestyle.  This is were you transition from active income from employment to passive income from investments.   The idea behind passive income is that it is income earned [...]

How To Think Like The Rich

In today’s society, I would define rich as someone who makes a million dollars per year.  If you want to be super-rich, you should be making at least a million per month or more.  If you have lower standards and shoot for merely by wealthy, you would need to make $250,000 or more per year.  [...]

Dividend Stocks That Are Holding Up in Downturn

What’s up with the winter storms?  We are running out of places to put the snow until it melts as a second snow storm hits the east coast.  Now, the rest of the story.
 
With the market correction, you expect most stocks to take a decline along with the broad markets.  However, there are some dividend [...]

Passive Income from Dividends in 2010

Have you ever wondered what it would be like to sit at home, reading by the pool, living off dividend checks that arrive regularly through the mail?  Some self-proclaimed gurus such as Ramit Sethi, author of the best selling “I Will Teach You to be Rich,” has listed passive income as one of the 7 [...]

How to Get Income from Stocks Without Dividends

Stock dividends are a great way to earn passive income and to compound investing returns over time. There are a significant number of stocks, ETFs, preferreds and hybrid to generate passive income in the markets. However, have you ever found a great stock to purchase but it doesn’t pay a dividend? There [...]

How to Create Residual Lifetime Income

Too many hard working people are finding themselves out of work and out of luck because they have nothing to fall back on. The only way to deal with the uncertainty of being employed is to take control of your income source. This can be accomplished by creating multiple streams of passive income [...]