LIVING OFF DIVIDENDS & PASSIVE INCOME

I made the 1st ever Carnival of Entrepreneurship!

Adventures in Money Making offers a tips on what to look at when buying a dry cleaner business. Some of the advice is specific to the dry-cleaning business, but much of it is just good, sound advice if you’re considering buying any type of business, like making sure the seller doesn’t own another similar business that you’re going to be competing against.

• Gold Breaks $700 Last Friday, gold dropped to $680/ounce before rebounding to $740/ounce. Like every other asset, gold has been hammered this year. However, this may be partially due to a strengthening of the dollar. In terms of other currencies, it's still close to its all time highs. I think this is a......
• Book Review - Undercover Economist I just read The Undercover Economist: Exposing Why the Rich Are Rich, the Poor Are Poor--and Why You Can Never Buy a Decent Used Car! by Tim Harford.Its an incredibly good book that explains every economics [like whether coffee shops make a profit and how grocery stores gouge you]. However......
• Due Diligence For Businesses Today's guest post is from James at DINKS finance: This posting will be on the topic of doing due diligence when evaluating investment opportunities. When I’m talking about investment opportunities, I’m speaking specifically about taking part in new business start ups. I’m not speaking about investing in stocks or loaning......

• Two e-zines that I usually "rip open" I get several financial e-zines. Two that I look forward to and usually find to be well worth the time it takes to read them are Gary North's Reality Check and Michael Masterson's Early To Rise. Both are free! Reality Check comes twice a week (maybe Mr. North is moving......
• Maybe a Little Obsessive Compulsive Behavior is a Good Thing Many people treat someone with a "disorder" with a little bit of hesitation, or perhaps avoid them all together, because the subject matter makes them uncomfortable. That may be the wise thing to do in some situations, but I happen to think individuals with a healthy dose of obsessive compulsive......
• TARP: Making Merril Lynch Brokers Richer Since 2008? As an insider to the financial services industry, the nitty gritty details of bank operations always gets my attention.  I'm also very wary of the people we call "producers" at the bank; in the strictest of terms they are our commissioned sales folks.  In good times and bad, Sr. management......

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