Investing


Investing might sound scary or intimidating, but really it’s about one simple idea:

How to make your money work for you.

You earned it once, now how can you multiply it in a way that aligns with your risk tolerance?

It’s weird, but I sit on both ends of the spectrum on this, at once having made big bets on my own business and experimenting with “alternative” investment platforms, and on the other hand being paralyzed into sitting on the sidelines by fear the market might go down.

In this section of the site, you’ll find information on real estate investing, peer-to-peer lending, and even buying businesses.

Before You Get Started

Know your net worth. Your net worth is the sum of all your assets (cash, savings, mutual funds, equity in your home, etc.) minus your liabilities (student loans, credit card debt, mortgages, etc.).

One tool I like to help calculate your net worth is Personal Capital. It’s free!

Know your objective. What’s the goal of your investment? A goal of accumulating wealth to retire in 30 years is very different than a goal of earning $1000 a month in positive cash flow.


225: High-Yield Investments in a Low-Yield World

Dr. Kenyon Meadows MD is a practicing Radiation Oncologist by day, but by nights and weekends he’s a self-proclaimed alternative investment enthusiast.

Tune into this edition of The Side Hustle Show to hear how Dr. Meadows is earning double digit returns in Turnkey Rental Properties, Real Estate Private Lending, and Business Lending.

He also shares you can get started yourself for as little as $10.

222: 5 Real Estate Side Hustles You Can Start on the Cheap

Chad Carson is a 30-something semi-retired real estate mogul, who together with his business partner, oversees a portfolio of 90+ rental units.

In fact, he and his wife are in the middle of an exciting adventure — a year abroad in Ecuador with their two daughters.

But of course he didn’t start there. Fresh off the football field at Clemson, Chad’s real estate career started more modestly by “bird dogging” and house hacking — two of the tactics he shares in this week’s show.

These 9 Apps Help You Save, Make, and Even Invest Money While You Shop

Try as I might to do all my shopping online, I still find myself running errands around town at least on a weekly basis.

And my guess is you’re in the same boat.

With Christmas and the holiday season coming up, I wanted to share a few cool apps and resources that can help you save money while you shop, make a few extra bucks, and even invest your change.

Gravy Time

With Thanksgiving coming up, I want to introduce the concept of Gravy Time.

Gravy Time is the time you’re working because you want to, not because you have to.

Hopefully you have Gravy Time in your day, in your month, your year, and even your life.

Here’s how it works: Once you’ve earned enough to cover your obligations, everything else is gravy.

182: Digital Real Estate Investing for Cash Flow

As you know, I’m excited about alternative investments like peer-to-peer lending. And if your aim is to replace your income, I think it makes sense to invest for cash flow.

This week’s Side Hustle Show guest argues when you want something in other areas of your life, you go out and buy it: a pair of shoes, a computer, a new car. You don’t make it from scratch!

So why are we so insistent on building income from scratch? He says there’s a faster way, and that’s to “buy” assets that are already generating positive cash flow.