Böcker av Joshua King

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!

Do you want to work for 35 years to receive $3,000/month in social security benefits? That sounds like a bad deal to me.I would rather create a $3,000/month paycheck by age 45 and grow it into a $20,000/month paycheck by the time I turn 66.But where do you start? I choose income investing as my investing style of choice. It's not for everyone because it requires knowledge, research, and faith in the system.However, if you can understand the order of operations between various bonds and interest rates, you stand a chance to become a great income investor.My wife and I received over $1,700 last month in dividends, and I am only 41 years old (she is younger). Can we achieve $3,000/month before age 66? Good Luck!

Are you worried about the upcoming recession? If not, I would reconsider if I were you. Things are going to get worse.However, we can thrive through the recession by sharing our homes with others. Yes, 98% of Americans would never consider this as an option.If you are in the remaining 2%, you'll be able to profit while helping others. We can only get rich by serving others.There is a college student, young professional, or senior citizen that would love to rent from you. You can add value to their lives while accumulating wealth to prepare for the future.It's a win-win situation. All it takes is a change in mindset. Good Luck!

I love income investing; it has changed my life in ways I am still discovering. I divide income investing into six different types.Today, I want to talk about my favorite type of income investing: closed-end funds.CEFs can provide a consistent monthly income that can slowly replace your employment paycheck.It is difficult for most people to invest for income instead of trying to get rich. However, CEFs may be your ticket to freedom. Good Luck!

A bear market and recession do not have to destroy our finances and lifestyle. We can use this time to get ahead in our lives if we plan accordingly.We must do four things to get us through the upcoming recession: reduce expenses, increase income, save for emergencies, and start a business.It sounds like a lot, but we start small by reducing expenses. This can include canceling a streaming service or driving less.From there, we can get an extra job or start investing for dividends. Along the way, we continue to grow our emergency fund.Finally, we start a business or create content to build passive income streams. This is the time to become a renaissance person, not settle for scraps. Good Luck!

Welcome to the elite Savers of America. Saving and Investing $1,000 per month is no small feat.Now it's time to decide how to allocate your resources. Everyone has their own investment strategy and risk tolerance.I love to focus on income investing, but you may love index funds. Others love the security of a high-yield saving account.The best part is that we can allocate our cash into multiple different strategies to have safety, security, growth, and income. Good Luck!

"Independent" is the most dangerous word in the English language. Today, being independent is a curse that drives people crazy. Or worse.Humans must operate inside a tribe, where we find our true purpose. If we can move as a team, we can easily overtake the world.Why does everyone want to be independent? Parents and grandparents need their children to survive on their own. This way, parents can spend 50 years dealing with their own issues.If we don't have the information, we can't pass along the information. If we are average, our kids will be average. However, being average is excellent if you are part of an incredible tribe. Good Luck!

We all want to plant a tree and enjoy its fruits and shade. It is the same for our dividend growth investing tree.It will provide capital appreciation and dividend income well into our 60s and 70s. But, we have to plant the seed as soon as possible.As you start your investing tree, things will move slowly. Your sexy idea of seeing large amounts of dividends will fade early on.However, if you stick with growing your tree, the result will be astounding. You have enough capital gains and dividend income to provide for yourself and your family.The question is if you have the foresight to plant and maintain the tree. Good Luck!

We all dream of having a lot of money in a massive city. We could go to comedy shows, drive a convertible, and cruise the beach.How many of our lives actually look this way? Instead, we are struggling financially and resenting the people with these lives.But we can change our circumstances; we may just need to change our zip code.I present five simple reasons that you should consider moving to friendly pastures. At the very least, calculate the cost of living differences. Good Luck!

Are you finally ready to start investing for income? There has never been a better time to automate your income investing than today.Automated investing is when you automate cash transfers from your checking account to a brokerage account.Once the cash is inside your brokerage account, there are multiple ways to convert it into a large amount of income.You have so many options that it may seem overwhelming but remember your goal. You want to build a paycheck for life-slow and steady. Good Luck!

How do rich people get and stay rich? They always keep their money moving in the direction of growth.The velocity of money is how fast you can get your money from one investment into another.However, the rub is that you must keep your first investment, as it still produces income.Once you understand the velocity of money, you can see a path to obtaining fresh money while keeping your old investments.Conquering this technique will make your family rich. Good Luck!

Adjustable Rate Mortgages get a bad reputation in the investing community. But do they desire all the hate and discontent?Yes, yes, they do. For 97% of homebuyers, ARMs are a lousy solution to any problem. They create far more pain than they prevent.Once the "teaser" rate on an ARM expires, the loan can adjust the interest rate every year. And in some cases, every six months.Can you imagine your mortgage interest payment shifting every year? It is chaos. In some situations, when investors have cash upfront, an ARM can prove valuable.However, for the average homebuyer (including myself), ARMs are terrible nightmares waiitng to unfold. Stay away and find a different route. Good Luck!

Most people don't understand that their income needs to increase significantly every year.Not only is inflation making your money worthless, but your family's needs are also growing.It's tough to beat inflation with only your W-2 job. You must leverage rent, royalties, dividends, and businesses to stay ahead.Yes, there is a steep learning curve, but once you get over that, you can start earning the income you want and need. Good Luck!

Now that you have built room into your budget for saving and investing, it's time to start investing.Putting money into the markets is tough for most middle-class Americans. They do not trust that the markets will work in their favor.The first step to investing in the stock market is passive index funds. These ETFs track a particular index.The simple idea is to consistently invest in these index funds (weekly or monthly) throughout your working years.You will build a massive nest egg that you can convert into income. The most challenging part of index funds is learning how to make them into dividends. Good Luck!

Now is a great time to be a saver! We earn 3% interest through a high-yield savings account.That is completely free money just for saving in a certain institution. How will we use these interest payments?First, we can reinvest in our HYSA. But we can also take this money and invest into higher-yield products safely.Either way, HYSAs are a start on the passive income path. Our kids will follow how we travel the course, so it's time to move beyond our comfort zone. Good Luck!

The average person deserves more. We should be able to work hard and lead a great life. If we worked hard, we shouldn't have to worry about retirement.Alas, the world doesn't work this way. Not only must we work hard, but we must also work smart.We have to understand and build passive income into our daily routine. We don't have to be the best in everything, but we must dabble.Becoming a tycoon, investor, creator, entrepreneur, and scholar is possible. I know because I did it. My life has changed forever by learning how to be a TICES. You can change your life as well. Good Luck!

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. They help you lead the life you truly want. LBYM is the start of the saving and investing process. Good Luck!

Becoming an investor has many stages. One of the first is moving from high-yield savings accounts to US Treasuries.After you get a taste of Treasuries, you may seek higher yields by investing with a little more risk.Baby bonds sit higher on the capital stack than equity (stocks). Therefore, investors get more safety because they will get paid before stocks.Using baby bonds and Treasuries in tandem won't be difficult because they perform well at various times. You just need to find the one that is out of favor at the moment. Good Luck!

Dividends are little pieces of heaven arriving in your brokerage accounts regularly. Even better, we can pick our stocks to create a schedule where we constantly receive dividends throughout the month.We have our choice of weekly, monthly, and quarterly paying stocks and high and low-yielding securities.It takes a good mixture of stocks to achieve the perfect schedule for our lifestyles. Plus, we can have multiple brokerage accounts to ensure we receive the dividends in the fashion we desire. Good Luck!

Your relationship with money will determine how much wealth you acquire. It's simply impossible to obtain great wealth with a scarcity mindset.To build wealth, you must shift from a scarcity to an abundance mindset. This process may take a while because we built a scarcity mindset since childhood.Seeing a world of abundance is the key to saving and investing. There are ways to make money everywhere; you must only create value.Money is a representation of value. Those that create the most value have the most money. If you can understand this concept, you are well on your way. Good Luck!

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 continuing education. Are you up to the task? Come inside to see my daily life as an income investor. Good Luck!

Are you entering the Christmas season in debt? Do you want to enjoy Christmas in a debt-free, cash-flow-heavy environment?You can have it all and then some, but it comes at the cost of financial discipline. First, you must determine your emotional connection to money and spending.Next, you must live on a budget and pay down all your debt. Saving and planning are the next steps.Finally, creating passive income from assets will give you a positive cash flow to spend on Christmas. My wife and I went from debt to dividends in four years. If we can, you can as well. Good Luck!

Do you have a $1,000 Emergency Fund in a high-yield savings account? Most Americans cannot access $1,000 during an emergency.It's time to build your safety. You can save $1,000 in one month if you try your best-and budget.The tricky part of this challenge is creating the three or four budgets you need to run your household effectively.Once you have your budgets, you can cut costs for the month. Then you can sell some underused things.Finally, you can barter and trade to get some additional cash flow. If you can do all of these things, you'll produce $1,000 reasonably quickly. Good Luck!