How many income streams do you have? I’ve always believed in creating as many sources of income as possible. My income currently comes from unemployment compensation, interest, dividends, ebay sales, and ad revenue from several blogs and websites that I maintain. I don’t get much from the ads. I’m currently
Continue readingAuthor: budgethomepage
Trailer Restoration
This is the 4 x 8 trailer that has been sitting in my backyard for the last 9 years. Since I had some time on my hands this summer, I decided to restore it to its original glory. First I removed all of the wood panels and sanded the rust
Continue readingFinancial Fears
As I move closer to retirement, here are my biggest financial fears in no particular order: My investments will not generate enough income to pay the bills. Lower interest rates means I have to put money into riskier investments. Stocks and bonds can lose value quickly when the economy goes
Continue readingGenerating Income
It’s easy to generate income when the stock market is going up. But, that is usually when I’m selling. In the past, I would always try to limit how much money I was getting from selling stocks. I didn’t want to have a big tax bill at the end of
Continue readingGo with the Flow(bee)
When I was young I used to go to those discount hair saloons that cut men’s hair. I hated making appointments every 5 or 6 weeks and having some girl I didn’t know shampoo and cut my hair. They would always cut it too short and everyone would notice that
Continue readingStocks, Bonds, and CEFs
Problem: I need to generate enough monthly income to pay for my health insurance. I’ve been reading a lot about the pros and cons of stocks and bonds that pay dividends. Normally a bond fund would be a good place to generate monthly income. But with the recent stock market
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