MEPHALA'S LOFT

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Saturday, March 24, 2007
The Quest for Financial Freedom

Here is my dream. And a nice one it is. Not to have to worry about money anymore. This takes into account critical illnesses, Jack's education, and retirement till I am 100.

Lest you think this is an advertorial for insurance, let me assure you that it is not. Nor do I believe in the benefits of insurance except in the case of medical and for the provision of a missing breadwinner.

For financial freedom, this is what we need to set in place: passive income.

Examples are dividends from blue chip stocks, royalties, affiliate referrals, anything that does not require you to do anything.

So here is my plan:
  1. Write a book.
  2. Create characters to licence.
  3. Buy blue chip stocks during the next crash.
  4. When all of the above is in place, cash in on affiliate programs.
Technorati: , , , , , , , ,

Posted at 01:11 by mephala

Bernard Ng
March 25, 2007   02:00 PM PDT
 
Ya, if you can write really well, be an author and published a series of books. How about books on parenting? :-) Or books for the young?
Mephala
March 26, 2007   01:54 PM PDT
 
Aye, that is the plan. :)
Figur8
March 29, 2007   10:46 AM PDT
 
And I know you'll do just great with it, too! Remember I bags a signed copy of your first published book!
 

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