Tag Archives: Multiple Streams of Income

When Operating your Side Business Remember to Value “You”

As I have talked about I have a small trusts and estate law practice (read: really small, just a handful of clients) as a sort of side business to supplement, not supplant, my day job.  When I met with one of my first clients I told him the fee for his Will and Ancillary Documents,Continue Reading

Examples of Passive Income Which can Be Used to Build Multiple Streams of Income

Have you dreamed of making money while you sleep?  Did you even know that this is a possibility?  The concept is called passive income and it plays a major role in obtaining financial freedom and wealth creation. What is Passive Income? The basic principle behind passive income is to make money while you are notContinue Reading

What are Deferred Annuities? Fixed vs. Variable Deferred Annuities

Annuities are easy to understand.  I already introduced the simple single premium annuity but like most things in life it gets a little bit more sophisticated.  Notice that I say sophisticated not complicated; Deferred Annuities are easy if you look at them the way I do!  There are zealots on both sides of Deferred annuities, IContinue Reading

What are Annuities? An Introduction to Immediate Annuities

Understanding Annuities makes it easier for you to make an informed decision rather than just listening to an advisor or worse a talking head on television.  Annuities often bring up strong emotions when they really shouldn’t, it is nothing more than a financial product often issued by insurance companies.  The definition of an annuity isContinue Reading

Why Do I Want Multiple Streams of Income?

Freedom.  I got a reminder/wake up call tonight about why I want multiple streams of income, and it is simple it is freedom to do what I want and when I want (within reason, of course). I have mentioned in the past, that in addition to my job I also practice law, it is mainlyContinue Reading

My Introduction to Dividend Investing and Multiple Streams of Income

Throughout the life of this blog I have talked about my desire to create multiple streams of income.  While I have been trying to do more side legal work in addition to my day job and I have my prosper account up and running, I have yet to create a dividend based portfolio which isContinue Reading