Bøger af Joshua King

The most challenging part of investing is picking a style and sticking with it through thick and thin. I am a buy-and-hold investor; I never plan to sell any shares.More specifically, I am a buy-and-hold income investor. This means I buy securities with the express intent to receive high-yield dividends.I also dabble in dividend growth investing. The purpose of DGI is to buy and ride the coattails of notable companies as they grow in value and pay increasing dividends.Each style has its merits, so understanding the advantages of each will help you decide. But you can also be like me and choose to do both. They say variety is the spice of life. Good Luck!

All you see online is how people are making $10,000/month selling T-Shirt, printables, or releasing low-content books.Be wary of such claims. They may be true, but you seek actual long-term passive income. This income comes from dividends, rents, and royalties.No matter how you make your money (working a job, driving a taxi, playing an instrument, etc.), you must get cash into your money system (dividend portfolio).Once you have enough money in dividends to fund your lifestyle, you are truly free. Focus your attention only on those living the passive income life, not hustling and calling it passive income. Good Luck!

Autumn is an excellent time of the year. Leaves are falling onto the Earth, and dividends are falling into my checking accounts.Do you want to have a pile of dividends to spend on Black Friday? Good, but you need to start today.Your dividend income will compound exponentially over time; however, you must start somewhere.Suppose you have been putting off investing until the new year; time to buckle down. Why not have a few dollars of dividends before Santa arrives? Dividends will make your holidays extraordinary. Good Luck!

I once believed you could survive in the workforce long enough to build a truly passive retirement. Let's say this takes 25 years.However, the workplace has degraded into a circus we must avoid. Using a combination of active and passive income, we should aim to be free in 15 years.Lowering our housing costs is the number one way to free ourselves. Once we determine our required household income (say $6,000/month), we can work on replacing it.By learning about real estate, dividends, royalties, and business, we can escape the rat race and continue to build our income streams independently. It can work; I did it. Good Luck!

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 and 40s.To help our kids, we must help ourselves first; thus, capital preservation is paramount. Bond can help us achieve multiple goals throughout our 50s if we understand how to exploit them. Good Luck!

Your 50s are a time to start enjoying your dividends. However, you don't want to fumble the bag.This quote means that once you have wealth and income, it's your responsibility to protect & grow your resources.During your 50s, you can start DGI portfolios for your kids. DGI takes 20-30 years to produce significant income; therefore, your children will benefit from your proper prior planning.But always remember to live below your means. Reinvest a portion of your dividends, so your income stream continues to grow. Life is good when you have money, so always keep growing your resources.

It is vital we understand the nature of debt-before we get into debt. Unfortunately, we don't get this information during class.Debt is a function of the past. When you have debt, you will always solve yesterday's problems with today's money.Even worse, you're stealing money from tomorrow. When you add high interest on debt, it becomes an entire mess.I spent 20 years in debt; then, I freed myself. You don't need to relive my mistakes. Save for today and invest for tomorrow. Don't spend your resources paying for the past. Good Luck!

Real Estate is a mindset and something you need to understand early to be successful. As I drive to the county, I see dollar signs all over the map.Real estate isn't about owning things; it's about providing value to someone else. This can be by renting a room, starting a dog park, or sharing a storage shed.Only you can get in your way when it comes to earning passive rental income. Keep waiting if you are saving to afford a $300,000 duplex before jumping into real estate.You can probably make a higher return by renting a room and storage shed to an older person. Like I said, real estate is a mindset. Good Luck!

Do you live in a major metropolis? Are you attempting to live the American dream there? How's that working out for you?With a slight mindset shift, you can actually live the American dream. No, not in Los Angeles or New York City, but in Bixoli, Mississippi.By retiring to a small city, you can live entirely on passive income. This means that no one controls your time.You can also forego the additional luxuries required in a big city, such as ultra-nice cars and fancy furniture.I'm leaving the workforce at age 42 and never looking back. I could live in San Diego and work until age 80 or retire this year in Pensacola. Tough choice?

Most Americans' main source of wealth is their primary residence. However, we all live on income, not net worth.So how do we convert our primary residence into livable income for retirement?We can sell it, move, and invest the difference. We can take a home equity loan, invest it, and pay it off with business income.Finally, we can convert our master suite into a small apartment and rent the rest of our house.Do these all make you uncomfortable? They should. Anything we want in life requires some form of stress or struggle.You can struggle by choice to get ahead or live your retirement in scarcity, lack, and fear. Which do you choose? Good Luck!

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 are Series "I" Bonds and 20 and 30-year Treasury Bonds. "I" Bonds give us emergency protection and compound interest, while 30-year bonds provide us income.We want to have an excellent bond portfolio before we start a family. Once you have a family, you finances will completely change into something you could never imagine. Be Ready and Good Luck!

Do you want to start a business but don't have the time, resources, or money to get started?I have the perfect solution for you-start creating content. At first, your content will suck pretty badly.We all go through this phase as we try to discover our voice and determine our audience.However, once you find your niche and content delivery method, you are well on your way to building an audience. This is where the fun starts.Once you have an audience, you can parlay it into an actual business. You can create a product custom-built for your audience, not the other way around.If you can take "the long way" to starting a business, you can almost guarantee the longevity and success of your business. Good Luck!

The original American Dream wasn't about owning stuff; it was about class mobility. In one generation, a family could go from broke to rich.Due to capitalism and leveraged markets, the American Dream morphed into owning big homes and fancy cars.With that, we divided our strongest tools against the capitalist-our families. No one can truly defeat a strong family.Owning a home will no longer be an individual sport; we can only do it as a team. We must sacrifice some space to make our finances make sense.We can overcome this hyper-inflated market by going back to our roots. Multi-generational households are still the norm overseas. We must return to form. Good Luck!

The 30s are the toughest decade of our lives. It's like going through high school and college again.There is so much going on that saving and investing are difficult. However, we must persevere.Our 30s are a great time to invest in Series "I" Bonds because they can double as an emergency fund in a pinch.We should also set a goal to build a $300/month dividend portfolio to assist with the little things in life.We can survive and thrive in our 30s with a solid plan. Once we get through this decade, the world is our oyster. Good Luck!

You were born into debt, meant to stay in debt, and never to understand debt. The only way to fight back is to learn why debt is so destructive.Getting out of debt won't be easy, but understanding why you were in debt can help you build your case to free yourself.As bartering became more difficult, currencies formed to exchange money for items. However, societies needed central governments to protect the sanctity of these currencies.Governments needed armies to protect these currencies, and generals needed money to feed and house soldiers. Governments then needed to generate tax revenue to pay for armies.Finally, governments installed markets to allow soldiers and families to spend their income on items while generating tax revenues for the governments.The moral of the story is that spending was always part of the government's and society's plan to keep pulling tax revenue from you. You never stood a chance. Now it's time to fight back. Good Luck!

The world of education has come a long way since I was a child. We can credit the internet and technology to many of these gains.So the next giant leap will be within the metaverse. How does education look in the metaverse? Who will be the next big player in the education space?Similar to Chromebooks, it only takes an idea to have mass-market appeal. As entrepreneurs, we need to do a deep analysis of how the metaverse will affect the learning for our children.Whoever is thinking ahead will be the winner. It's not about the next big idea; it's about learning and implementing concepts. If you are reading this, you are already preparing for the future. All you have to do is define how you want the classroom to look moving forward.

The world is changing as we speak. It is simply too expensive for the average person, especially if they work individually.We must bring back strong, vibrant communities-by sharing resources and exchanging services.For example, you could exchange eggs and dog walking with your neighbor. America started as a land of business owners and entrepreneurs.Trying to go through businesses for goods and services wastes much of your money. We can achieve so much more by working together. Good Luck!

Our money wants to set us free, help us retire early, and save for future generations. However, for it to do those things, we must trust it with someone else.That's right; we need to turn our money over to the banks or the US government to earn a yield on our savings.Now is the perfect time to save in high-yield savings accounts, certificates of deposit, and Series "i' bonds. But be warned.We will not always see 3-6% interest on these savings vehicles. This is just your first step into the world of compound interest. There are many more levels to go. Good Luck!

Investing gets a bad reputation among the middle class. Investors don't take unnecessary risks or put it "all on the line."They are trying to escape the rat race through measured steps. There are four ways to generate income: as an employee, self-employed owner, business owner, and investor.By understanding this matrix, you can work from employee to business owner and investor. At the very least, employees need to invest.The best part is you are in complete control of your financial future. You don't have to take any unnecessary risks. However, the future does favor the brave.To live a comfortable life and not worry about finances, you must educate yourself to budget, save, and invest. You are in control. Good Luck!

Society wants us to spend our money on things we do not need. On top of that, they want us to go into debt to have even more of these things.The last thing they want is for us to budget and be good stewards of our resources. That's why we must fight back with a budget.Don't look to social media to show you how to budget. Everyone is advertising something to you and ways to spend your hard-earned money.A budget is the first step in identifying your cash flow. From there, you can increase income and reduce expenses, giving you enough cash flow to save & invest for the future. Good Luck!

Sometimes I forget about my Fundrise real estate account. It just keeps chugging along, producing dividends and capital appreciation for me.Our investing dollars become tight during a recession, so we have some tough choices. I love to invest in the stock market, but I also need yields away from the madness.Fundrise and US Treasuries maneuver away from the stock market's emotions and can be considered uncorrelated assets.Inside, I talk about both securities and how they can help you achieve your goals. Spoiler, I invest in both US Treasuries and Fundrise monthly. I love them both; you will love them as well. Good Luck!

We are moving into a product-focused working environment. Employers will no longer accept sitting in at your desk for eight being unproductive.So if we must create products and add value, we may as well do these for ourselves and our families.Starting a business or becoming a content creator will be necessary to break the cycle of "employment" that we have fallen into as a society.Inside, you will find business ideas, concepts, and ways to build your entrepreneurial mindset. Welcome to Signature Series 4. Enjoy!

Taxes play a significant role in our lives, especially throughout retirement. If we generate income, we must consider taxes.My favorite Dividend ETF pays qualified dividends, which helps to reduce our annual tax bill.We can also leverage municipal bonds funds to prevent us from paying Federal taxes on the income they create.Finally, Series "I" Bonds are a way to grow our wealth in a tax-deferred vehicle. Plus, we can redeem individual savings bonds, allowing us to tailor our tax strategy.Combining all of these strategies, plus starting a small personal business, can help us reduce taxes and beat inflation. Good Luck!

Every middle-class household should have a small (or big) dividend growth investing portfolio.DGI is the true way to build a nest egg because it gains value and pays you dividends.The goal of DGI is to grow your wealth and build a paycheck throughout retirement. It's like building a rental property from the ground up.It's never been easier to pick 10-20 stocks and dollar-cost average your way to success. All you need to do is try. DGI changed my life. Good Luck!

Do you strive to become a net-worth millionaire? What does having a million dollars in equity do for you? How about $1 million in your 401K?In reality, you live on cash flow. Therefore, it's not about the size of your nest egg; it's about how much money it produces.How much recurring monthly income would you have if you lost your job? That is the actual test of passive income.Life is about collecting income-producing assets, like dividend stocks and rental homes. Once you create enough passive income streams, you can retire and focus on becoming rich. Good Luck!

What is your investment philosophy? What moves can you make and still sleep at night?Your investing philosophy and strategy are unique to you; no one can dictate how to navigate around the markets.You must commit 100% to your beliefs because disaster WILL strike one day. If you are not committed, you will fold and sell everything you own.We call these "weak hands," and 2022 showed that many people tried to ride the wave but did not learn to invest.The only way to learn your philosophy is to get into the markets and feel your way around. Don't worry; you can start slowly. Good Luck!

Do rich people have an advantage when it comes to building passive income? Sure. They have the resources at their disposal, but they also have the education.If education is the primary barrier, what's stopping us, low-income folks, from building our passive income streams?Nothing prevents us from renting a room or starting a Youtube channel. We have limiting beliefs that tell us rich people have a secret that we don't have.The secret is that any cash flow rich people receive (earned or passive) funds from their money system (dividends). Once their money system is complete, they can enjoy life at their leisure while keeping their other passive income streams. Nice!

Many of us are sitting on a ton of home equity, but what are our options? Using math, we can build great strategies using our home equity as leverage.A cash-out refinance is not for the faint of heart, nor should we take it lightly. Our highest priority is protecting our families from financial harm.We can use our home equity to diversify our portfolio in many asset classes-these income dividends, bonds, commodities, cryptocurrencies, royalties, and business.By planning our move, covering our higher expense costs, and investing wisely, we can secure more income-producing assets.The more assets, the more chances we have to capture the good times of a boom cycle. Good Luck!

When you leave home at age 18, you most likely will start from the bottom. But what entry-level position do you want-at a job or as a YouTuber?When you enter the workforce, you get immediate income. However, over the years, you do not build assets that continue to grow.As a YouTuber, there is a massive lag between your work and the final payoff. However, you are growing a portfolio of assets you can leverage for your entire life.In truth, combining a job and YouTube will yield the best results for most people. You get immediate income and all the upside of creating content. Once you have an emergency fund, dividends, and passive income from YouTube, you can convert it into a full-time job. At the very least, you have options. Good Luck!

What is our fascination with new cars? Between expensive cars and houses, we are surrendering our futures to debt.But do you need to upgrade your paid-off vehicle? What if you continued to pay the payments toward your income investing portfolio instead?You could receive $460/month in dividends from your portfolio in six years. Yes, your dividends would pay you, not vice versa.Money is not about spending, it is about time. The person with the most money can free up the most time. When you are in debt, you surrender your time. Good Luck!