Its been a couple years since I shared our passive income so I thought I would publish a summary of our 2016 dividend income. This passive income comes from our taxable stock portfolio. All retirement investment holdings are excluded from...
Continue reading "2016 Passive Income: Dividends" »
Here is an updated snapshot of our current debt (all mortgages on our primary and rental properties). The last debt breakdown I provided was back in March 2011 with a total of $356,358. Loan Description Property Balance Payment Matures 1...
Continue reading "Household Debt Snapshot September 2011" »
Here is an updated snapshot of our current debt (all mortgages on our primary and rental properties). The last debt breakdown I provided was back in April 2010 with a total of $377,596. Loan Description House Current Balance Matures 1...
Continue reading "Updated Household Debt Snapshot" »
Berkshie Hathaway released Warren Buffett's Annual Letter to Shareholders today on their website. As always its a very good read for nearly any investor. My Key Takeaways Additional insight into BH culture. Warren clearly creates a special culture in Berkshire...
Continue reading "Warren Buffett's Annual Letter To Shareholders" »
I recently reread the Berkshire Hathaway's Owner's Manual. It was originally mailed out to share-owners of Berkshire Hathaway in 1996, but has been periodically updated on Berkshire's web site. Its last updated was posted in February 2010 when Berkshire's annual...
Continue reading "Berkshire Hathaway's Owners Manual" »
I wanted to share this innovative and low cost business promotion technique I found in my driveway this week: A local business advertising their pet care services by dropping off a business card and a dog biscuit in a plastic...
Continue reading "Low Cost, Easy Business Promotion Tip" »
I spend a lot of idle time thinking about how we can get our personal finances back to the glory days of 2008 for us. Back when we didn't have a larger home, a baby, 2 incomes and all the...
Continue reading "Thoughts on Improving Cash Flow" »
Whats Wrong With the US Economy? -Housing Bubble is Deflating -The US economy is shrinking at an enormous rate due to downward spiral created and the uncertainty in the market Whats Right With the US Economy? -Energy costs are falling...
Continue reading "Trying to Keep the Economy in Perspective" »
With some help, I finally opened a local bank account in China at China Merchants Bank. I had been avoiding the need to use a local account by using my HSBC Direct Savings Account with HSBC ATM card to pull...
Continue reading "Opened a Chinese Bank Account" »
When I started my current career, I established a mental model of my job compensation that I believe helps me accumulate wealth. I looked at the salary I was receiving for my job at a technoglogy company that is in...
Continue reading "How Much of Your Job Pay Is For Income Risk?" »
So where am I at with my passive income? After all this is just as important as measuring my net worth, if I can't generate enough income to pay for my living expenses, that I won't be financially free no...
Continue reading "Tallying my 2006 Passive Income" »
Earlier I took a look at my current income streams. Now I would like to take a look at what my income streams will likely look like in 2008 if I don't make any major changes. The biggest difference would...
Continue reading "As-is Future Income Streams" »
One of the areas I want to pay more attention to is developing multiple streams of income. I hope to dig into over the next week. The concept is to develop income from multiple areas basically so that "all your...
Continue reading "Current Streams of Income" »
Despite my graduate studies following Dr. Edward Deming, a believer of the "willing worker", I am a true believer of pay for performance models. I recognize that I perform better when I can associate my income with my efforts. As...
Continue reading "Pay for Performance" »
Shortly after I turned 15 my first job opportunity materialized. A friend of mine was a dishwasher at a very small local restaurant but needed a sub one night. This was the moment I was waiting for - finally I...
Continue reading "Do You Know What a Dollar is Worth?" »