LIVING OFF DIVIDENDS & PASSIVE INCOME

The world’s first management guru, Nicollo Machiavelli was born on May 3rd 1496 near Florence, Italy. He was politician, philosopher, poet and musician. He’s most famous for his book The Prince, whose central argument is commonly believed to be ‘the ends justify the means’.

A really entertaining book on Machiavellianism (which means to achieve one’s goal through unscruplous, deceitful and dishonest tactics) is What Would Machiavelli Do? The Ends Justify the Meanness.

Don’t expect any nuggets of wisdom though. Its a satire and the only thing you’ll learn is how to become the meanest son of a bitch your office! But its very funny if you appreciate that sort of humor.

• Money Saving Tool - Book Finder I read a ton of books[atleast 2 every month, sometimes 4 and occasionally as many as 7]. So whenever I can I try to make good use of the public library. Quite often, it doesn't have a specific book that I'm looking for inwhich case I end up buying the......
• Closing Out JRCC In an earlier post on investing on news, I had sold puts on JRCC.Well JRCC was up sharply in the past few trading sessions. I closed out my position by buying back my naked puts and netted a 38% profit (sold the puts for 1.95 and bought them back for......
• Tax Arbitrage Merck has been sued by the IRS for $2.3 Billion for back taxes and penalties. It set up a company in Bermuda which owns its patents and then its pays that company royalties.It took advantage of what is often called "tax arbitrage." The usual strategy: lower a company's tax bills......

• Meaning What is meaning? What is skilful and what is not so skilful. How can you discredit one thing and credit another? It depends on the moment. Meaning is purpose. Who decides meaning and purpose? How can anything be right or wrong if it has true meaning? Because everyone has their......
• Book Review: Automatic Wealth by Michael Masterson This isn't a typical wealth-building book. Most (good) books on wealth-building (like The Automatic Millionaire or The Millionaire Next Door) will advocate spending less than you earn and investing the difference from a young age. This is tried-and-true advice, and many of the people who follow this advice are comfortably......
• Is Corporate Blogging Worth The Effort? Listen to corporate blogging evangelists long enough and it’s easy to start thinking that success is going to fall out of the sky and bonk you on the head. However, spend a few weeks implementing all of their techniques and you may end up wondering whether or not all of......

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