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Learn how to generate a passive income through investing, so you don't have to wait until retirement to live your passions. We used to think you had to either save for 30+ years or choose to live now and make up for it later. Well, it turns out that you can have it all with the right strategy.
We tired to do things the conventional way but just couldn't stifle our wanderlust. After giving in and making a lot of financial mistakes, we stumbled onto an amazing way to invest for cash flow. It's now our goal to share all of the ins and outs of our investing strategy along with other financial considerations that may go into creating your ideal lifestyle. New episodes drop every Tuesday.
49 Episodes
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Message Us ✉️A lot of people put off doing the things they dream of until retirement. But what happens if you don’t make it that long?The Data shows a higher probability than you might think of people dying before 65. No one really knows when you’ll go. That's why you should plan for the worst by investing so you can go tick off your bucket list items before it’s too late. If you need a refresher on the stocks Tim thinks are good for 2024 based on macro trends, listen to these 3 ep...
Message Us ✉️If you’re in the process of building a new portfolio or improving the one you already have, this episode is for you. Tim outlines what he considers to be the best evergreen stocks for everyone to start investing.Yes prices vary, but if you wait to pick up shares when a stock’s P/E is below its peers, you’ll hedge in a margin of safety. You'll pick 1 stock in each sector, working your way down the list. All the options and details are covered in this post. If you follow my su...
Message Us ✉️Is deciding which type of investing account to open holding you back? And what about the retirement options your employers has?It can get confusing pretty fast. You've got Retirement and Non Retirement Accounts; Traditionals and Roths; 401(k)s and IRAs. So today we’ll look at the important aspects of each type and why you should pick one over another. Our strategy to set you up for success goes like this. Step 1: Get at least $1,000 into a savings account that yiel...
Message Us ✉️There are so many investing resources available, but not all of them are worth your time or money. Since Tim's subscribed to many he can tell you exactly which ones to go with. And don’t worry, most of these are free so you can put your hard earned money into investments. If you're just starting out or don't want to be overwhelmed by info, Tim recommends these 2 resources first. Dividend ChannelContrarian OutlookStay connected. Follow us on social! Questions, comme...
Message Us ✉️It can be hard to decide which brokerage company to go with when there's so many choices. And when you're new to investing, you may not realize which features are important and which ones aren't. This episode breaks down the different things to look for in your brokerage company and what attributes you may need to consider or rule out contenders based on your needs. For us, research, tools, access to different investments and easy site navigation are the most impoartant...
Message Us ✉️We're in the middle of some major technology innovations that will change life as we know it. With each, there's opportunities that early adopters profit from. Those who resist out of fear or a lack of understanding will have a much harder time catching up when they realize these technologies aren't just blips on the radar. Don't be one of the people who that misses what might be the biggest wealth building techs of our lifetime. Two cryptos Tim mentioned that have inn...
Message Us ✉️Everyone talks about dividend aristocrats but did you know there’s actually 5 other categories? The aristocrats only fall in the middle and have metrics that by definition make them trendy growth stocks, which isn't what we're looking for. The main thing to focus on with these dividend categories is how many years of dividend growth they need to get the title. When you invest in great stocks that consistently increase their dividends, you inherently reduce the risk of y...
Message Us ✉️Ever wonder why some companies keep going up in price and others struggle? It boils down to a few things, one of them being their competitive advantage. Once a business has a hit product or service, everyone and their mom tries to copy them. But sometimes others can’t duplicate those wins for various reasons which is what they call a moat. Today we cover 7 different kinds of moats to give you an advantage when it comes to picking stocks. Stocks that have moats and ...
Message Us ✉️Most retirement plans were created based on individuals living 15 to 20 years into retirement, but people are starting to live much longer than that. This longevity risk has become such a problem that pensions are starting to change the way they payout and how much.If you aren't one of the lucky ones with a pension, living longer than expected still puts a strain on your own retirement funds. And don't expect social security to pick up the slack. In fact, it might be non existent...
Message Us ✉️Using the right screening metrics will narrow down your pool of potential stock investments from 19,500 to a couple hundred in a matter of minutes. Then if you do a little bit of research, you'll have a handful of stocks to buy right now. It's that simple and frees up a ton of your time and energy. It also releases you from needing to listen to anyone else's input for which stocks to buy. Drop your comments or questions for this episode on one of our posts. Faceboo...
Message Us ✉️Risk holds many people back from investing because it causes a lot of fear, but most risk can be mitigated by doing a few specific things. Having a strategy in place to pick the right stocks, setting asset allocation rules and ensuring proper diversification are a big part of risk mitigation. But another important component is keeping your emotions in check. And one of the easiest ways to remove emotional reactivity is to have an emergency fund set up. That one thing al...
Message Us ✉️Many people suffer from analysis paralysis because there's so much information on investing out there. You may listen to 10 experts, but they all say completely different things about the same stock. In this episode we lay out how to get around the anxiety, overwhelm and fear of making the right investment choices, because being stuck in that place just sabotages your future. The key lies in having the right foundation. When you're able to determine your own goals, met...
Message Us ✉️It's Q4 earnings season and the overall market is beating projections by 6%, which is making market analysts change their tune for 2024. The fear of a recession is gone. Looks like Tim might have been right about a bullish 2024. Earnings season is a time to check in on the health of your portfolio assets. Sometimes people miss the big picture of a company's report and panic sell. But that's exactly when we're there to buy the dip like with ARLP.Join us for a performance over...
Message Us ✉️We've talked about knowing yourself so you can align with your investing strategy and spending plan. But if you struggle with determining what type of person you are, that can make things kinda hard when it comes to finances and goal setting. It might be easier to start with listing out the things you love. Really put some thought into this exercise. Then spend more time, energy and money on the things you love and start removing or hiring out the things you don't care about...
Message Us ✉️Stoicism is an ancient philosophy that can not only change your day-to-day life, but it can have a massive impact on how you invest. Two main Stoic principles that provide the greatest benefit when investing are learning to let go of the things you can't control (like the stock market) and focusing on managing your own emotional responses. If you're interested in learning more about Stoicism, Carmela recommends listening to Tim Ferriss's Podcast episode with Ryan Holiday he...
Message Us ✉️Don't make the mistake of passing up on Utility stocks. Utilities aren't flashy but they're essential and more secure than most other sectors, which makes them a great portfolio hedge during recessions. It may look like Utilities have smaller dividend yields, but they increase their dividends year after year. That means the longer you hold them the higher your actual yield becomes. Slow and steady is usually considered boring, but that's how you win the game of investin...
Message Us ✉️Most people don't operate with their personal investment style in mind, and when you invest in a way that's out of alignment with yourself, you have a higher chance of making costly mistakes. Those losses deplete your funds with limits your ability to grow your money. And failures also trash your confidence and hope for retirement. So do yourself a favor and put some extra effort in at the beginning so you get off on the right foot by avoiding unnecessary problems. Many...
Message Us ✉️There are many high yielding BDCs to choose from but they don't all pay juicy supplemental dividends like the ones Tim covers in this episode. When you add in those extra payments these babies pay out way more than their posted yield.If you're not familiar with BDCs, go back and listen to Episode 11 first. Tim begins narrowing down the list of contenders by comparing a specific BDC's P/E Ratio to this sector's average P/E Ratio, which is between 15.8-17.3 right now (dependi...
Message Us ✉️REITs have been beat down because interest rates have been high. The FED announced that they intend to lower interest rates in 2024 if the economic metrics keep looking good. That means REITs are going to turn around soon enough. If you're not familiar with REITs, go back and listen to Episode 13 first.Tim has combed the list of potential investments using several criteria to get him to the best of the best REITs. P/E vs peers to compare value Free cash flowProfit Marg...
Message Us ✉️Most people think crypto is just digital currency, but it's so much more than that. The underlying technology is going to revolutionize the world much like the internet did. Even if you have no interest in owning cryptocurrencies yourself, you need to be aware of what's going on in this sector because it's going to impact a lot of other industries and change the way companies do business. Bitcoin halves every 4 years and 2024 is the next scheduled halving which is going...
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