My goal in life is to create automated mobile income. 

 

I don't want to spend most of my time going to work.

 

I am currently working on two main strategies for creating automated mobile income. 

 

The first strategy is to invest as much as I can while starting as early in life as possible.  I started investing when I was in my early 20's.  I'm already seeing the benefits of compound interest.  If I can get my investments to get big enough, I will…

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The only reason we need to have huge entitlement programs for senior citizens is because they didn't take responsibility for their own retirement.

 

We are in a new world requiring a generational shift.  Prior generations largely had employers who handled the retirement planning with pension programs.  This is no longer the case.  Most companies now offer 401k plans and many companies don't do a good job of getting their employees to enroll in the retirement…

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It really is an easy formula for building wealth.



It might take many years to build the wealth, but it can be done if you simply minimize your expenses and maximize your savings and investments.



Of course, the plan starts with the ability to make some money. Building wealth is much easier if you make lots of money. However, the amount of money you make does not…

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I'm trying to figure out how I can save and invest more money each month. Today I discovered that I can save $20 by cutting my own hair.



Now, my hair is not a difficult cut. People who have longer hair or need certain styling might not be able to save money this way. However, for me, I usually just sit in a chair as someone uses a clippers on a certain setting to cut the hair off the sides and back of my head.



I was looking for a place to get my haircut. I wanted to spend… Continue

I saw an advetisement for Nike that showed soccer players in the World Cup becoming either heroes or forgotten people based on whether or not they score an important goal. This made me think that small moments and the choices we make greatly influence the course of our lives. This is especially true in our investment portfolios.



Most studies show that it is very difficult to succeed by being an active trader. Most people don't have the ability to choose the correct stocks because… Continue