Wow, I can think of 1000 things I'd rather be doing than thinking about and analyzing ways to make money from money. Money is boring. Analyzing how to make it is even more boring. (Spending it is not so bad!) But devoting a little time to it now will make the future easier.
Take time out from a busy day to think about money issues you don't have time for. So you don't have to spend all your time thinking about it down the road when you are in financial straits.
Once I get some good cash flow going, I will never have to think about money again. Yay!
A personal journal documenting the path from financial freedom to true wealth. This blog explores what to do AFTER making the first million.
About Me
- Rags 2 Riches
- I started this blog on May 1, 2006. My goal in this blog is to document my upcoming financial adventures, and brainstorm/discuss ideas for generating cash flow on low-risk investments. I also hope that others can enjoy the mistakes I will inevitably make, and I may also discuss mistakes I've made in the past. I think this blog would be of more interest for those thinking about taking "the next step". Despite a net worth of about $6.5 million dollars, I find it difficult to find high-yielding (> 5%), low risk investments in today's environment. So I'm starting to look beyond the bond/stock markets into businesses, franchises, and rental properties. Disclaimer: I am only a beginner when it comes to finances/investing/taxes. So please read this blog with a jaundiced eye, and make sure you do your own due diligence on financial matters. This blog is meant for interest only, please seek a professional for financial advice.
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2006
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May
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- Economics of buying a rental property
- More concrete goal
- Tax lien certificates
- The dual-edged sword to "Diversify, Diversify, Div...
- Real Estate Bubble Links
- Consequences of switching mutual funds
- Initial money-generating ideas
- Money is boring
- Mutual Fund selection
- 401k and ESPP Notes
- Starting Line
- Rich Dad, Poor Dad
- The "Simple" Life
- CD Yields are going up
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May
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