How to Become Wealthy

How to Define Wealth Before discussing how to become wealthy it might make sense to discuss what the definition of wealthy really is. Is it 2 million in the bank? A salary of 1 million per year? In my opinion being wealthy is having enough money to allow yourself to never have to work again […]

Generate Income Through Peer-to-Peer Lending

With CDs and other fixed income products paying laughable yields, investors are searching for places to park their money and earn a decent interest rate. In a previous article, I wrote about 8 ways to earn income when interest rates suck. One of the options that I mentioned, peer-to-peer lending, has started to catch momentum as […]

Selling Covered Calls To Generate Extra Income

If you’re a buy-and-hold investor with at least 100 shares of a particular stock, you could be generating extra income with little effort on your part. No, I’m not referring to dividends. Selling covered calls is a low risk options strategy that allows you to collect a premium for writing calls while you still own the […]