I know, I keep harping on passive income. Why? It’s because I believe that when my passive income exceeds my living expenses, I’ll consider myself financially free. Yes, that is a definition ripped straight from Robert Kiyosaki of Rich Dad/Poor Dad, but it makes sense to me. As stated as one of my goals for…

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There is an article on msn money central that details how a middle aged woman named Jill has left her husband, gone back to college and raising a daughter on $12000 / year fixed income. Yes, you’ve read correctly, she lives on $1000/month. Could you live on $1000 / month? I guess it depends on…

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For you investors and traders out there, you know that the ONLY place to get real-time quotes is with the brokerage that you trade with. This is something that agitates me to no end. Those free 20-min delayed quotes and charts are just too slow. For me anyways. But never fret my friends, Google to…

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It’s time for the January 2007 net worth update! This time around, I decided to include my wifes pension account as it would more accurately represent our net worth. Assets Cash: $4500 (this fluctuates) Savings: $26000 Registered Investment Account: $33800 Pension: $16000 Non-Registered Investment Account: $40700 Real Estate: $ 266500 (2 properties) Vehicles: $18000 (2…

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One topic I really enjoy reading about on CNNMoney are the Millionaires in the making articles. Most of the articles have a common theme, couples who make decent incomes, have sound saving strategies, along with a lot of home equity. Don’t get discouraged if you are operating on a single income, there are a few…

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During the holiday season, I find that there is always time to sit down for a few hours and enjoy a good book. The book that I read over the holidays was on the topic of stock trading called: “Come into my Trading Room” by Alexander Elder. The author and the book was recommended by…

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Have a Happy 2007 Everyone! May the new year bring good fortune to you and your families. 2006 was a good year for us but not great. At the beginning of 2006, I lost my full time job so cash flow was pinched a little. We had to reduce our savings at this point but…

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