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In this recent series of posts, I’ve been outlining for you how I generate independent income using excellent growth investments, such as tax liens, renting out Wall Street shares and using a tremendous bank strategy. In this post I’ll explore the benefits of building or buying storage units, and investing in cellphone towers. Storage UnitsRead more

With a $70 billion net worth, Warren Buffet is one of the world’s wealthiest investors. His company, Berkshire Hathaway, is a heavy investor in the insurance industry, generating billions in premiums. Over the past decade, Berkshire Hathaway has amassed a significant war chest of available cash flow reserves that have yet to be paid outRead more

In these next few posts, I will present you with a few Growth investments I’ve been using for decades to generate independent income. I call them “cash flow-optimized” investments because they’re not what you’ll typically hear from mainstream financial media or be sold by conventional financial planners who sell you products from which they makeRead more

After putting your foundation in place and boosting your entrepreneurial income, you’ll be prepared to start investing in independent income streams. For all the reasons I outlined in the two previous posts, you’re not going to throw money into conventional “investments” like mutual funds or buy stocks peddled by stockbrokers. As an aspiring 5 DayRead more

In my previous posts, I presented you with a few of the reasons I find most conventional investing to be downright ludicrous, and how I see things differently. There are many reasons to avoid conventional investing! So I’m continuing my list here: No Inflation Hedge Inflation is the devaluation of currency as the government printsRead more

I’ll warn you up front: If you’re into mainstream pundits like Dave Ramsey and Suze Orman, you’ll find this chapter confrontational. I’m betting, however, that you wouldn’t be reading this book if you weren’t open to alternative ways of thinking. So this chapter will either make you angrily toss this book in the trash, orRead more

In my previous posts, I began outlining steps you can take to escape the self-employment trap and build a business that can generate income from you. I suggested three: building the foundation of your company culture, hiring the right people and training them meticulously, defining and documenting your process, Here I offer further three moreRead more

The biggest casualty of self-employment is time. It will also stifle your freedom to travel. Here and in the next post I show you how you can escape the self-employment trap and build a business that can eventually generate independent income for you: Build the Foundation of Culture First, you want to be very clearRead more

There’s a common parable about a village with a problem: it had no water unless it rained. To solve the problem, the village elders decided to solicit bids to have water delivered daily to the village. Two people volunteered and the elders awarded the contract to both of them. The first volunteer, Ed, immediately boughtRead more

You’re sick and tired of your job. Tired of someone else dictating how you spend your time. Tired of putting your passions on the back burner, of quietly surrendering your dreams. Tired of saying to your kids, “We can’t afford that,” or “No, we can’t do that because I have to work.” You’re anxious toRead more