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, trading stocks, and even buying businesses.
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!
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 passive cash flow.
If you’re evaluating all your different investment options, it can be a little overwhelming. This cool quiz from my friends at Money Made can help narrow down your choices and point you in the right* direction.
*Nothing on this site should be considered financial advice.
Buy a house.
Rent it out.
Tenants pay it off for you.
It’s possibly one of the oldest side hustles in the books, right?
Done right, owning rental properties can be an attractive long-term income and wealth-building strategy. But done wrong, it can be a recipe for headaches and a mountain of debt.
In this episode, we’re tackling a topic that’s been frequently requested by listeners, but is somewhat foreign to me, and that is options trading.
To help school me on this, I’m excited to welcome my friend Kirk DuPlessis to the show. Kirk runs the super popular site OptionAlpha.com, where you can get all sorts of free options trading training. He’s been at this for over 10 years and the site has over 150,000 members.
Options trading is a high probability form of investing, but as with all investments it’s based on risk. Risk, that Kirk is able to leverage with his in-depth understanding of the market — and by following a few key rules he’s sharing with us today.
Roberto Chavez started his raw land flipping side hustle a little over a year ago, and with persistence, has already built it into 5-figures of monthly revenue.
This is a business model that was first introduced to me by Mark Podolsky, from TheLandGeek.com, in episode 108 of The Side Hustle Show.
He called it “the best passive income model” because it avoids “the 3 T’s” of traditional real estate investing: tenants, toilets, and termites.
As side hustles become more popular — and perhaps necessary — let’s take a look at some of the common options … and what you might consider doing instead.
Could you live for free?
That’s what The Side Hustle Snowball framework proposes: to erase your expenses with new income streams.
Here are 15 things you can start this year to begin living for free. These are my primary income streams today.
Over the last 10+ years, a simple habit has earned my wife and I thousands of dollars in free money — in the form of cash, gift cards, and travel — just for buying the stuff I would have bought anyway.
Here’s how to get started with this fun and unique side hustle.
Austin Miller built a $1.2 million real estate portfolio at 31 years old — for free.
He’s a side hustling real estate investor specializing in “creative” financing deals — houses he can buy without using his own money.
Regular Side Hustle Nation readers and listeners have a whole brain full of strategies on how to get paid.
The question is:
What do you do with the extra income?
What if your savings could pay you growing passive income every year? This article covers how to make your side hustle earnings continue to hustle for you – without doing anything.
Corey Jeffreys turned an $800 investment into $3k in the first year and has been growing his business and adding more automated processes each year.
His entrepreneurial adventure began by exploring the world of real estate investing, when he happened upon a slightly different rental business model: inflatable bounce houses.
Want to know how the new tax laws that came into effect at the beginning of 2018 impact the amount of tax you pay as a side hustler or business owner?
I invited Mr. CPA on fire Josh Bauerle back onto the show again to talk through the most important tax changes and what they mean for you and your business.
