About admin1

This author has not yet filled in any details.
So far admin1 has created 8 blog entries.

Are You Behind On Your Retirement?

Below is a chart to show you how much money you will need for retirement. It is based on your age and your income. For example, if you are 40 years old and make $100,000 a year, you need $260,000 by age of 40 to stay on track. The chart assumes a 5% annualized rate [...]

By | August 5th, 2016|Uncategorized|0 Comments

My Friends Mutual Fund

The other day I was talking to a good friend about retirement investing. He mentioned Dave Ramsey, who has a show about helping people do the right thing financially. I’m sure Dave Ramsey has a lot to offer when it comes to getting out of debt and budgeting, but when it comes to investing, I’m [...]

By | August 4th, 2016|Uncategorized|0 Comments

My First Real Estate Deal

It was 1989, I was 22 years old and still in college when I attended a real estate auction at the downtown courthouse steps in Fresno, California. I watched a guy named Jim Smith (Yes that’s his real name) bid on and buy a property. After the bid process was over I started up a [...]

By | July 22nd, 2016|Uncategorized|10 Comments

How It All Started

I was 14 years old when my mom came to me with a collection of stamps and coins. She gave them to me to see if I would have an interest. She also gave me something less tangible that turned out to the best one of the three items. The stamps didn't intrigue me at [...]

By | May 21st, 2016|Uncategorized|0 Comments

Can Anyone Pick a Stocks Direction?

Every day the “experts” tell us the reason why a certain stock (or the market itself) is going up or down. Trying to make money in the stock market by picking a direction is daunting. Even if you pick the right direction, other concerns pop up. When is the right time to take profits? When [...]

By | March 21st, 2016|Barriers to Passive Income|0 Comments

Dealing with Dividends in an Options Portfolio

Using options can be the best way to invest. Understanding how dividends affect an option portfolio is crucial to success. This video contains actual trades with real money in an options portfolio that is dealing with an upcoming dividend on the options underlying. I have been trading options for over 23 years and [...]

By | March 19th, 2016|Option Trading Tips|0 Comments

The Education Barrier to Passive Income

Every passive income vehicle comes with its own set of barriers. One barrier that applies to all vehicles is education. You must know how to drive and maintain the car and how to follow the driving law. Otherwise, you’re in for a rocky ride! The education level required of each passive income vehicle can be [...]

By | March 18th, 2016|Barriers to Passive Income|0 Comments

The How of Income

What are you doing to produce income? Robert Kiyosaki has done a good job breaking it down into 4 categories. 1. Employed This is the worse trade you can make unless its temporary: Trading your hours for dollars. 2. Self Employed You work for yourself but the business cannot run without your presence. This means [...]

By | March 14th, 2016|Passive Income|0 Comments