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Recent quotes:
Financial Samurai 2016 Year In Review: Better Lucky Than Good | Financial Samurai
Producing online products is a more efficient way to generate passive income than amassing capital to invest for an equal amount of passive income once you’ve developed a platform.
Adopt A Yin Yang Investor Mindset | Financial Samurai
The key to building passive income has always been to amass enough capital to generate a livable income stream in order to never have to work again. That’s hard to do in a super low interest rate environment. Now that interest rates have moved higher, there’s no need to save as much to produce the same amount of income.
Arnold Schwarzenegger Infrastructures of Wealth - Forever Jobless
If you’re educating yourself, ask yourself: “Am I learning things that will be important to my success 10 years in the future? Or am I learning a temporary skill that will have no real impact on my future success or happiness?”
Arnold Schwarzenegger Infrastructures of Wealth - Forever Jobless
If you’re thinking about starting a project, ask yourself, “will I be making money from this in 10 years?” or “will this still be of value to others 10 years from now?”. If the answer is definitely “no”, welcome to temporary income land, please spin the wheel again.
Arnold Schwarzenegger Infrastructures of Wealth - Forever Jobless
Ask yourself, are you producing something that has a legitimate chance of being around in 10 years? If so, it might be worth pursuing. If not, I’m not saying don’t do it, but you need to consider that the temporary income should make up for the fact it won’t be around long, and realize there’s usually better spots to invest your time for your future.