Böcker av Joshua King

They almost destroyed crypto! But we survived and will be even bigger and better going into 2023.Do you know enough about crypto to invest your time and money wisely? If not, you came to the right place.This book, along with part 2, will give you a good head start on cryptocurrencies. There is so much going on with crypto, decentralized finance, the Metaverse, and NFTs.Take the time to do your due diligence, prevent FOMO from taking over, and invest without emotion, and you will do well. Good Luck!

It's the time of the year to be thankful for our extraordinary lives. I am also grateful for having a huge portfolio of dividend growth stocks.However, Santa wants to bring me more, and I will accept them. I aim to grow a massive portfolio of DGI stocks to fund my retirement.Building a DGI portfolio is akin to building a rental house. Not only do you get price appreciation, but your rent also increases.With DGI, you get the best of both worlds-growth and income. However, you must place your DGI order with Santa, meaning you need to understand the basics. Good Luck!

Retirement comes for us all; let's hope we know how to make our money last. We have two options: preserve capital at all costs or attempt to grow the pot of money.Who says we only have to choose one method? Dividend ETFs will give us the benefits of dividend growth investing without picking individual stocks.Treasury bonds, bond funds, and bond CEFs can give us immediate income. Treasury bonds will also protect our principal if we hold until maturity.The best path is to combine both methods to preserve, protect, and grow our wealth and income. Good Luck!

As employees, we believe it's someone else's task to train us on our job. This mindset only works when you are in a known position.Oftentimes, entrepreneurs will maneuver toward the unknown. Who is there to tell us our next step?That's the difference between training and education. Training tells us how to accomplish a specific task. Education teaches us what mission we should create-and why.The more education we have, the more confidence we build. Nobody can tell us what education we need (including college).Education is a sum of experience, reading, mistakes, and achievements. Entrepreneurs must always seek more education, or they will become irrelevant. Good Luck!

Many people are quitting their jobs and are silently putting less effort into their tasks. These movements sound great on paper, but what lies underneath the surface?How does it look when you are 40 years old and don't have a career? Will you have the resources to provide for your family?The timeframe between the age of 24-35 is vital to building your status in the workforce. The harder you work here, the less stressful you will be from age 36-50.I am 41 years old and worked hard from age 18-40. This earned me a position at the top of my company. Now, I can provide for my family and focus on building a business because I have the resources.Your job was never supposed to be the "end-all-be-all" of your happiness; it's a means to an end. The end is taking care of your family, buying a home, and spending quality time with the people you love.This final destination takes a lot of hard work to achieve. Don't sell yourself short by quitting too soon. Good Luck!

Index funds are a great introduction to stock market investing. In fact, many people invest only in index funds until retirement.But then there is a dilemma; they must sell shares to generate income. But what if they converted their index fund dividends into high-yield products?The idea is to keep your principal and growth inside the index funds while taking the dividends to create supplemental income.Wouldn't it be nice to retire with $1 million in index funds and $50,000/year in dividends? This scenario may be possible with your high-yield reinvestment and a little additional cash flow. It's worth some time to consider the opportunities. Good Luck!

Are you trying to save money by working your job and putting money in a bank account? How's that working for you?Saving is about your relationship with money. If you have a scarcity mindset, meaning you believe there is a limited amount of money, it'll be tough to save.Conversely, having an abundance mindset means you can create money at any time-which you can.Is it easier to save from your paycheck or walk someone's dog once a week for $20? That's right; by adding value to the world, you generate an additional income you can save.Saving is the sum of all your good deeds and value-adds you do throughout the day. And once you learn to create money by adding value, you won't fear losing money. Good Luck!

Are you growing your retirement nest egg into an obscenely large number? Do you know how to make it last for 30+ years of retirement?The 4% rule tells you how to safely withdraw your cash and ensure it lasts until the end. The problem is that it will probably not work for you.You do not want to sell shares in your retirement account to fund your retirement-you want your shares to pay you.Dividends pay you monthly, allowing you to keep and grow your retirement shares. Therefore, you become wealthier the longer you stay alive. That's how retirement look. Good Luck!

We all dream of a perfect retirement where we arrive with $1 or $2 million in our 401Ks or Roth IRAs.What happens if there is a massive stock market downturn in the first 2-4 years of our retirement?Selling more shares early in our retirement will hurt us throughout our lives. It's tough to recover when you no longer own the necessary shares.That's why I aim never to sell shares. I can do this by investing for dividends, owning real estate, renting rooms, and opening a business.Retirement planning is more than a 401K; it is a whole-life outlook that keeps income coming no matter what the stock market is doing. Good Luck!

I love my wife and kids dearly. Directly behind this love is my passion for receiving dividends.Nothing feels better than waking up with new money. I love it so much I write about it every day.I prefer income investing as my investment style of choice. It gives me money today, not tomorrow.Plus, my income investing portfolio is portable, which means it can travel with me to new jobs, retirement, and overseas. You may heart income investing as much as me. Life is good!

It's that time of the year again-New Years' Eve! It's when we celebrate all the passive income we made last year and plan our revenue for the following year.2022 was full of bumps and dips along the path. The stock, bond, real estate, and crypto markets crashed, and interest rates soared.These markets will likely stabilize, but interest rates will remain elevated for a few years. Therefore, bonds will give us safe passive income, along with high-yield savings, CD ladders, and Series "I" Bonds.We can add some flavor to our passive income with dividend stocks, index funds, and preferred share funds.Altogether, 2023 is the year we continue our mission. I am 3.5 years into my financial independence journey, but every year gives me a fresh start.In 2023, I want more income from more sources! I want to monetize my YouTube channel and add merchandise to my website. Now is the time to plan. Good Luck!

As we age, our primary residences become an emotional blind spot; we would love to stay in our homes forever.However, two things are true: we need a place to stay plus income. Therefore, we must make tough calls if we need to generate more revenue.A reverse mortgage may allow you to stay in your home, create cash flow, and preserve generational wealth.If you convert your lump sum into an income-investing portfolio, you will have more options than you can imagine.The most challenging part is understanding how to invest for income and trusting the process. Good Luck!

A recession lurks in the shadows, and it's coming to take our livelihoods. How can we prevent the recession monster from robbing us of our future?We have to take him seriously. This future can turn us from rich to poor, middle-class to working-class.We can prepare by reinforcing our budgets. We must cut wasteful expenses and force ourselves to live below our means.It may not be fun, but we can keep our family safe and our fortunes intact. Do you like to budget? If not, it's time to step up for your well-being.Sometimes life presents us with challenging situations. This is not a difficult decision; you MUST budget, and you WILL like it. Good Luck!

How long have you been paying bills? I left the house in 1999 and have been on the hook ever since.Wouldn't it be nice to have some assistance with your monthly expenses? You can find help with dividends.In December 2022, my wife and I received $1,850 in dividends, enough to cover most of our bills. But our dividend stream didn't start this way.It started with a $0.25 dividend from Papa John's in August 2019. You will need to invest a massive amount of cash to build a significant dividend income.But, don't let that discourage you. Start with one bill (like Netflix) and concentrate on earning enough to pay it. Before long, you'll have enough to fund your entire lifestyle. Good Luck!

Why does each successive generation have to start from scratch? Wouldn't it be better for them to begin life with income-producing assets?That is the mindset of building generational wealth. Wealth isn't just gifting your kids your home or 401k.Generational wealth leaves your family income-producing assets AND the information to implement, maintain, and grow these investments successfully.You can start thinking about generational wealth today. What can you do today to make your kids smoother tomorrow? Do you even want to help your kids?These are questions that require critical thinking. Are you up for the challenge? Good Luck!

I got married and started a family at age 25; I then got into massive debt. What I needed was incomeCreating an income-investing portfolio in your 20s is paramount to surviving the family phase of your life.The goal is to leave our 20s with a $1,000 per month of dividend income. That requires quite a large amount of money ($150,000 at an 8% dividend yield).To level out our portfolio, we can add savings bonds, treasuries, index funds, and dividend growth stocks. But make no mistake; this is the time to grow a paycheck outside of a job. Good Luck!

Do you want to become financially independent? Do you want to stop working and still have money arriving in your bank account?Financial freedom comes in two distinct parts: living below your means while you work and living below your means without working.The first segment consists of increasing your savings rate to purchase dividend stocks and rental properties. You do this until you have enough passive income to stop working.Part two consists of living below your means but you are not working. Here, you create a business or do something you love.As you enjoy your life of freedom, you continue to build passive income sources. Eventually, you will have a ton of money without going to work. You will have achieved a Happy Cash Flow Retirement!

How did you do in high school math? Well, it's time to bust out those math books because life requires these skills.The first equation you need to solve is your monthly passive income needs. Can you retire on $5,000/month in passive income?From there, you lay out a plan to build passive income streams to achieve your goals. Some streams may be roommates ($2,000), dividends ($2,000), and blogging ($1,000).Finally, you retire on passive income and keep building up your passive income streams. Simple math, right? You can achieve financial freedom if you believe you can.

In December 2022, my wife and I received $565 in special dividends from three closed-end funds.This money is life-changing because it represents the path to true wealth. To become rich, you must utilize your brain as much as your body.Building passive income is the ultimate achievement outside of keeping your family together. Special dividends are another added benefit of earning money while you sleep.I prefer income investing because it puts money back in my pocket today. I can then decide how to spend my regular and special dividends.Life is extraordinary, especially with special dividends coming in at the end of the year. Do you want to get on the dividend train? Good Luck!

I've lived under the tremendous pressure of credit card debt, and it wasn't fun. Today, I have no credit card debt and thousands of dollars in my saving and investing accounts.However, this money did not just appear in my account, nor did I work more hours. I used the little-known technique of house hacking.House hacking turns your primary residence into an income-producing asset. You can use this new cash flow to pay down debt and eventually save and invest.House hacking does take some knowledge and experience to get right. You will mess it up at first.But at the end of the road, you have a shiny new infinite return producing cash flow from the air. That's how you get out of debt. Good Luck!

Your risk tolerance will determine how you live the last 30 years of your life. The last years will be rough if you stay in a savings account for your entire life.You can Invest in real estate, the stock market, or a business to beat inflation and grow your wealth.However, your internal fears and mindset can prevent you from making the leap. This is why you must understand your risk tolerance.There are many ways to become comfortable as an investor, including reading books, taking a course, or building an emergency fund.No matter how you arrive at the party, you simply must invest to stand any chance at financial success in the long term. Good Luck!

A couple of years ago, we were all flush with cash-how times have changed. I just paid $6.30 a gallon to fill up my tank in San Diego.Life as we knew it is gone. It's time to understand the new world order and adjust to its demands.What does it want? It wants you to spend 110% of your paycheck on taxes and consumption. "You will own nothing and like it."There is a silver lining. You'll be fine if you can make a budget and stick to it. If you add additional income streams, you'll be better than fine.So the ball is in your court. If you want to pretend things will go back to normal-have fun. I'm going into my cave and preparing for winter. I'm not coming out until I am rich. Good Luck!

We all believe we know how life is supposed to play out for us. We go to college, get married, get a high-paying job, and eventually become wealthy.This plan sounds foolproof until we realize we aren't getting rich any time soon. Usually, around age 40, we conclude that we will not become wealthy.This plan fails because we exert no leverage and don't have things growing in the background.If we can execute the same plan but have dividends, business, books, bogs, bonds, and rentals in the background, our chances of success increase substantially. Good Luck!

When I turned 40, I had an epiphany; American society wanted me to work another 25 years before I drew retirement. Wow!Now, every year after my birthday, I write an article in my No Freakin' Way series. Hopefully, this is my last year in the workforce.But I didn't just stop working. I created and followed a plan to make as much passive income as possible before I stopped working.The number one thing you can do to retire early is to live below your means, and the second is to increase your savings rate. If you can do those two things together, you'll be well on your way to playing golf on Monday morning. Good Luck!

My wife and I have been dividend investors for four years, which has changed our lives.But, not too long ago, we knew nothing about passive income. Dividends are an important first step to learning how to become financially free.I have five dividend portfolios, and my wife has four. Each brokerage has its unique take on how investing looks and feels.If you are looking to change your financial situation and, by extension, your life, then dividend investing is the path to travel. Take a look at what it has done for us. Good Luck!

I love my Investing for Interest Series. I have spanned the globe with topics concerning building wealth via fixed income and interest.However, I haven't talked about Series "EE" bonds much. That stops today as I dive deeper into use cases for these savings bonds.Is there a scenario where Series "EE" bonds best my favorite Series "I" Bonds? I believe "EE" bonds are better long-term if you commit to the 20-year holding period.Unfortunately, whether you commit or not, life ends up happening. You are the loser if you must withdraw your "EE" bonds before the 20-year period.The government is betting against you and assuming you will withdraw the cash. Only financially sound individuals should leverage these assets. I will discuss more inside. Good Luck!

We have to do everything we can to reduce our tax burden. The government gives us tools to assist with this goal, but we must take massive action.Roth IRAs can allow us to grow after-tax income in a tax-free account. When we turn 59 1/2, our distributions will be tax-free forever.Health Savings Accounts are triple-tax advantaged accounts, meaning the contributions, growth, and distributions are all tax-free. However, we must use these distributions for qualified medical expenses.It is tough to get into an HSA-qualified plan; however, HSAs may be best for our children. If we can fund their HSAs at a young age (starting at 18), they stand to be a more valuable resource than a Roth IRA. I explain why inside.

Personal loans are a much better idea than credit cards; however, they require more discipline.You can still access your credit cards if you take a personal loan. Therefore, you may end up with twice the debt burden. It's best to consolidate credit cards once you have a firm handle on your spending. You can accomplish this by using a daily budget.Eventually, once you are debt-free, you can use personal loans to save for your emergency fund (I'll explain inside). With the right mindset, you can leverage multiple debt products while building long-term wealth. Good Luck!

We all believe we will survive the recession with everything intact. But the recession will kick our "behinds" and take names.Therefore, we must prepare and then over-prepare. Two things we can do are reduce spending and increase savings.We can reduce spending by cutting our budget and living deep below our means. It sounds boring, but nothing excites me like having money in the bank.We can increase savings by using a high-yield savings account. HYSAs will allow the banks to save money toward our goals. There is nothing better than free money, especially during a recession. Good Luck!

With interest rates rising, saving will be the new "hotness." But which saving vehicles are best for your portfolio?Today, I offer three ways to save money and earn a decent amount of interest. Each has its benefits, but using them together will give you the best results.High-yield savings accounts give you the lowest interest rate but the fastest access to your money.CD Ladders give you tons of options for rates and holding periods. You can use these to gain interest while seeing how interest rates look in the future.Series "I" Bonds give you maximum inflation protection and will ensure your money grows with the economy.Using these instruments together will help you build a massive savings portfolio to go with your investing strategy.