Focus On Cash Flow- It's OK To Try New Things And Fail

Send us Fan MailSeason 2 Episode #41. Not Me, But You! Podcast. See episode #34 for high yield dividend stocks/ETF's/Closed End Funds. I provide specific examples in that episode. And episode #39 explains how to sell option contracts (cash secured puts and covered calls) to increase your cash flow. There is NO pay wall. I simply give the information for FREE! The choice is yours what you do with that information. If you have a "money problem" more than likely you have a "cash flow" problem. Find ways to buy/hold assets AND increase cash flow. Buy/hold high yield dividend stocks that pay you WEEKLY or MONTHLY. Doing that will bring you more cash flow. And find ways to push buttons on your phone and sell options contracts for "immediate cash flow." When selling "cash secured puts" you start with enough cash to buy 100 shares of a stock. You don't actually buy the 100 shares but you putting cash on HOLD, in case you do have to buy 100 shares. By doing this, you get. paid "a premium" which is term that means you get PAID IMMEDIATELY the premium. You EARN premium by selling this type of option contract. Cash flow! Remember your weekly/monthly goal should include buying/holding assets. Did you buy any new assets this week? Poor people get paid money and then pay their bills and want to buy things. Rich people buy/hold assets which brings them cash flow and/or profit. Then they can take the cash flow/profit to buy some new thing that they want. As Tony Robbins says: we don't experience life. We experience the life that we choose to focus on! Guess what you can do with cash flow? Answer: Anything you want! Remember: any profit you make INSIDE of a Roth IRA is 100% TAX FREE (as long as you meet two conditions...1) you must be age 59 1/2 and....2) have had the account open for at least 5 years.) Your MOST valuable asset is your TIME. If you have control over your time, then you have TRUE freedom! Buy/hold some Bitcoin today! And have courage today, to pick one thing, and work on your dreams! I'm not a financial advisor. This podcast is for education/entertainment purposes only. You will need to do your own research and accept responsibility for the results of any money you choose to invest. I love using Schwab.com to buy/sell stocks/ETF's/closed end funds/options. Schwab has a very user friendly app/website and their customer service is excellent. I can easily get to speak to a human being whenever I have questions.