Living off passive income

So you've got savings just sitting dormant in a "high interest" savings account. What are you making? 1-2% max if you're lucky? 

Meanwhile, you're busy working a full-time job, continually adding to this pile of cash that is losing value every day.

What's the problem we need to identify...

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Financial Freedom - Part 5

Part 5 - Private banking, and the resultant money on autopilot.

Make sure you read Part 1, Part 2, Part 3, and Part 4 before continuing. 

Let's assume you have found financial freedom, and that you are sitting on 6 million in the professionally managed fund discussed here, providing a...

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Financial Freedom - Part 4

Part 4  - Tax efficiency, Holdco's, Win Percentage & Account Implosion.

If you want financial freedom, financial literacy is a necessity. People may become rich by luck, but sustainable financial freedom is only achieved by those in the know. And that requires education.

I...

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Financial Freedom - Part 2

Part 2 - Getting educated on IPA’s

It's my opinion that IPA’s should have been taught as a financial freedom 101 class in kindergarten. It stands for Income Producing Assets. Often times also referred to as Income Generating Asset's (IGA's). Your house? Not an asset if you ask me. If...

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