Monday, September 10, 2007

Curry Chicken In Boston

My meal was tasty don't get me wrong but it was lacking several important elements. The glaring element would be that not one of the components that I selected were unique to Boston. I believe this stems from my desire to stay close to a wide screen TV so I could satiate my need for football on Thursday, Friday, Saturday, Sunday, and Monday. Also I believe my reluctance to do things solo is also a culprit.

Foods that I could eaten if I would have strolled away from the security blanket of my hotel:

New England Clam Chowder
Raw Oysters
Grinder

There is always tomorrow.

Happy Tomorrow Folks.

Wednesday, September 05, 2007

Ideas on Income - Passive, Primary versus Side

This is how I see it....

The ideal income would be Passive Income. This is what a high percentage of retired Americans use to fuel their retired lives. A 401k or some retirement plan of that nature. A growing number of unlucky Americans that live beyond the age of retirement are forced not to depend on this but instead of Primary Income. Understand that I am lumping Portfolio Income under this umbrella as you don't have to put effort into collecting a dividend check, interest off of savings, or royalties.

Now here are some sources of Passive Income that interest me:

  • Dividends from stocks
  • Royalties from writing a book
  • Offering services that do not require your presence or interaction to complete the transaction (ie a web store that runs itself with minimal upkeep or even better upkeep that can be out-sourced to Hyderabad or Little Rock)
Primary Income is the salary that you draw for doing your daily grind and insane commute. Not much to say in that area except that some measures I am taking to increase my Passive Income in the future might increase my Primary Income in the short term like Education.

Side Income is working at WalMart to catch up on bills, tutoring after school kids in French, or anything above and beyond your regular 9-5 job.

So with this said, I am going to build my new wealth of Mobility and Adventure Time through new forms of Passive Income.

Ok now what? Where do I go? Anyone have a good story idea?

Monday, September 03, 2007

Back Again.... I think

It seems I was not totally back last time but I was in the middle of things like buying a house, moving into house, and shipping children off to visit their short father. I would be the tall father or the one we call "Bread Winner" or "Moral Compass."

Anyways....

I am back and this time around I have a plan. Well I don't have a plan quite yet but I have a destination in mind. The destination is 8-10 years down the road and of course there is no clear cut path to that destination but there is a goal... no dream.

Medium Goal (8-10 year mark)

  • work for myself
  • work a quarter of what I work now (40 / 4 = 10 hours a week which still might be high)
  • spend a 1/3 of my time on vacation doing something that excites me
Short Term Goal (3-5 year mark)
  • buy a boat and land on the river or whatever body of water we are near at the time
  • visit Scotland
Drawbacks
  • must move in 3-5 years to gain or expand experience in career field
  • must find a way to distinguish myself from others in my field
  • must pick the right education
Well as dreams go this is where we sit presently. Check back and see how we are doing from time to time. I might even come up with an interesting passive income to help finance my dreams.

disclaimer: All references to My or I really mean my wife and I.