Using Royalty Free Music and Stock Photos to Create Passive Income

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When you take photos, what do you do with all of them? Do you keep them on your hard drive never to be seen? What about if you’re a guitar player? What do you do with all those chord progressions you put together? If either of either of these two questions is “nothing”, then you might be missing out on a chance at passive income through licensing your royalty free music and stock photos. Even if neither of these two things applies to you, please scroll down to the end of this post to enjoy some of my guitar-playing recordings!   … [Read more...]

Weekend Wind Down – The Dark Knight Rises

The Dark Knight Rises

Has anyone seen the new Batman movie? Man, is it good!! Much like the last one, the movie centers more around some great plot development and a story of terrorism much more than it does actually showing Batman in action. What I really liked was how they did a great job of tying the movie back to the 2004 Batman Begins.  Bane’s mission is to destroy Gotham City and complete the work of Ra’s al Ghoul (played by Liam Neeson) from the first movie. But expect a few plot twists! Christopher Nolan (the director) is pretty much on a roll with the Batman series and Inception as of lately. And speaking of Inception, I was delighted to see they used 4 of the actors from that movie in the new Batman movie (one of which plays the main villain … [Read more...]

Getting the Highest Dividend Stocks Using the Dogs of the Dow

Buy the Best and Highest Dividend Paying Stocks Using the Dogs of the Dow

Finding the best, most reliable, and highest dividend stocks the market has to offer doesn't have to be a chore. Let the winners step forward and do all the work! All you need is to use a well-known stock picking method known as the Dogs of the Dow investment strategy. The Dogs of the Dow is based on two simple premises: 1) Out of all the dividend stocks out there to buy, the top performing blue chip companies from the Dow Jones Industrial Average will be your best bet for producing stable returns. 2) By buying the highest dividend stocks while the yield is high, you’ll likely be buying them at a time when the price is low and likely to go higher (the old buy low, sell high mantra).   … [Read more...]

Overcoming Envy – Why Do We Hate Other People’s Success?

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We all want the best. We want it for ourselves, our families, friends, children, loved ones, etc. No one in their right mind ever wishes ill-will upon another, right? So why do we sometimes feel such a contradiction of emotions when someone we know has a good fortune? Why do we suddenly feel inadequate? Perhaps it’s not an issue with what we’ve done with our lives, but more a challenge of overcoming envy and our own insecurities about who we are and what we’re capable of doing.   … [Read more...]

Weekend Wind Down 7/21/2012

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This week I am saddened to tell you that one of my great uncles has passed away at the golden old age of 86. Although we’d only see each other once per year at the family reunion, I had fond memories of him. You know how family reunions can be awkward, especially when you’re a kid? Well, no worries because here would come my Uncle to ask you how things were going and make you feel totally comfortable. Plus he was a great influence for my Dad which makes him extra important. Coincidently, I’m also reading a finance book that just got to a chapter about estate planning and wills. I’d like to ask: Does everyone have a will? If so, where did you get it from? Does using an online service like Legal Zoom actually count or would I just be … [Read more...]

What are Mutual Funds and How Do I Invest in Them?

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What holds you back from investing? Is it stocks? Do they scare you to death? If they do, I really don’t blame you. All the “ifs” in the beginning can be overwhelming! Which ones do I pick? Where will I find the right stock metrics and information to tell me? Why do they keep bouncing around in price? How long until I have a heart-attack? Would you prefer a way to “stick your toe in the water” and not have to deal with such wild fluctuations? If so, then let me introduce you to the world of mutual funds. “What are mutual funds” you ask? Well, for starters, they are where I started when I first invested – long before I ever bought my first shares of individual stock. But even today, after everything else I’ve learned, mutual funds still … [Read more...]

Lessons in Retirement from the Movie “About Schmidt”

About Schmidt

When you think about “personal finance” movies, you probably would think about intense, cut-throat investing like in the movie “Wall Street”. But what about other personal finance topics like saving money or retirement? On that note, one of my favorite movies dealing with the subject of retirement is a dark comedy from 2002 called About Schmidt starring Jack Nicholson. Never heard of it? I’m not surprised – it was somewhat under the radar. It’s a movie about a man who reaches the age of retirement only to discover that he is still trying to figure out his life and its meaning. It is definitely worth watching, and I’ll tell you why …   … [Read more...]

Weekend Wind Down – Niagara Falls

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To all my Canadian friends out there, I’m in your home-land staying at the very lovely Niagara Falls. For anyone who’s never been here before, it’s a pretty great place to visit – not just to see the Falls but also for all the activity around here! This is just a quick weekend trip for me and Mrs. MMD. Our hotel package came with a lot of dynamite extras. We’re going to try out the Maid of the Mist tour at the bottom of the Falls, wine tasting, a hypnotist show, a comedy club, spa, a few pretty nice restaurants, the casino, and a bunch of other things!   … [Read more...]