LIVING OFF DIVIDENDS & PASSIVE INCOME

Archive for June, 2007

Buying Canadian Income Funds For Passive Income (and Financial Freedom)

Friday, June 29th, 2007 Posted in Canroys, Currency, Earn Money Online, Oil and Gas, Revenue Streams, alternate investments, personal finance | 26 Comments »

Yesterday, I bought some more Canadian Income Funds, also called Royalty Trusts or Canroys. As I mentioned before, I recently refinanced a property and I managed to pull some money ... Read more..

Is It A Good Time To Invest In Real Estate?

Thursday, June 28th, 2007 Posted in Real Estate | 2 Comments »

Even though I've experienced phenomenal returns in real estate, I think its getting exceedingly difficult to invest in that asset class.If you're flipping houses and you have a good buying ... Read more..

How Capitalism Really Works

Monday, June 25th, 2007 Posted in Economy, Rants | 2 Comments »

I was talking to another investor about the BlackStone IPO. He was planning on investing and wanted to know my opinion. My only opinion is that the ticker should have ... Read more..

Earn $25 Referral Fee

Sunday, June 24th, 2007 Posted in alternate investments, prosper | 1 Comment »

Prosper.com has now started giving out $25 referral fees if you sign up through an affiliate link!It doesn't matter whether you're a lender or a borrower, you still get the ... Read more..

Housing Still Sucks!

Wednesday, June 20th, 2007 Posted in Economy, Real Estate | 1 Comment »

According to Chris Gaffney of Everbank.com, who's Japanese REIT CD I recommend, said todayThe markets seem to be waking up to the fact that the housing market is no where ... Read more..

More on Synthetic Long Positions

Friday, June 15th, 2007 Posted in Commodities, Foreign Stocks, Options | No Comments »

As previously mentioned, I entered a synthetic long stock position using options in Seabridge Gold.As a recap, a synthetic long stock position is buying the calls and selling the ... Read more..

Personal Finance Haiku Contest

Wednesday, June 13th, 2007 Posted in personal finance | 3 Comments »

Make Your Nut is currently hosting a contest on Personal Finance Haikus. The winner gets $20 and some link love. Anyway here are my entries:Refinance your homeUse it to ... Read more..

War On Terror Meets High Finance

Wednesday, June 13th, 2007 Posted in Uncategorized | No Comments »

For all you Ken Follett and Frederick Forsyth fans who love thrillers about global intrigue, NPR reported a very interesting story today.In 2005, the U.S. government suspected a Macau bank ... Read more..

Cheaper Diamonds on the Horizon?

Tuesday, June 12th, 2007 Posted in personal finance | 6 Comments »

According to this report on Bloomberg.com, Gemesis is planning on selling 1 million carats worth of man-made diamonds next year. The major Diamond mining companies like De Beers, Anglo American ... Read more..

Too Rich To Save?

Tuesday, June 12th, 2007 Posted in personal finance | 4 Comments »

According to a study by HSBC,49% of respondents with at least $250,000 in income aren't saving more because they simply "want some spending money." In 28% of the cases for ... Read more..

How To Spend A Million Dollars On Gas

Friday, June 8th, 2007 Posted in personal finance | 4 Comments »

MoneyNing has calculated that paying $200/month on gasoline over a 45 year period totals over a million dollars.Thats pretty depressing. But by the same train of thought, the $400 car ... Read more..

Taxes Suck! (And so does Aurora Loan Services)

Friday, June 8th, 2007 Posted in Rants | 2 Comments »

I hate taxes. And I hate filing them For one I feel the government doesn't know how to properly utilize the money it gets. Unlike Australia, where the budget is in ... Read more..

Microsoft’s New Surface Computer

Friday, June 8th, 2007 Posted in Uncategorized | 2 Comments »

If you thought the technology in "Minority Report" was far-fetched, you were mistaken. Its actually a lot closer than you think.Check out this Popular Mechanics video of Microsoft's new multi-touch ... Read more..

Synthetic Long Johns?

Thursday, June 7th, 2007 Posted in Options | No Comments »

Even though my CFC and WCI option strategies backfired, my JRCC puts did quite well. Enboldened by that success, I decided to try some more option trading.I've been keeping my ... Read more..

Starting An Ecommerce Site

Thursday, June 7th, 2007 Posted in Business | No Comments »

If you've ever thought of starting an ecommerce site but don't know how, a good place to start your research is over at Net Business Blog.Check out the post on ... Read more..

Taking The Cleaners To The Cleaners

Tuesday, June 5th, 2007 Posted in Uncategorized | No Comments »

The Judge who sued an old Korean couple for $67 million over a pair of lost trousers has now reduced his demand to only $45 million. I guess he's had ... Read more..

Shanghai Stock Market Finally Corrects

Monday, June 4th, 2007 Posted in Foreign Stocks | 2 Comments »

About 2 weeks ago, I mentioned that the Shanghai Stock market was likely to correct.Well today is the 3rd straight day that the Shagnhai market has traded down. So far ... Read more..

Learning From The Frogs

Monday, June 4th, 2007 Posted in Rants | No Comments »

Here's a riddle:How many Frenchmen does it take to defend Paris ?Don't know, its never been done!Well, Bill Maher is in a more generous mood than I am. Check out ... Read more..

Is the US Bankrupt?

Monday, June 4th, 2007 Posted in Rants | No Comments »

According to the USA TODAY, dated 6/1/07, The federal government recorded a $1.3 trillion loss last year - far more than the official $248 billion deficit - when corporate-style accounting ... Read more..