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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:
Write a book.
Create characters to licence.
Buy blue chip stocks during the next crash.
When all of the above is in place, cash in on affiliate programs.
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!
"To be without some of the things you want is an indispensable part of happiness." -- Bertrand Russell
"Non-violence leads to the highest ethics, which is the goal of all evolution. Until we stop harming all other living beings, we are still savages."
-- Thomas Edison (Harper's Magazine, 1890)