My goal with this site is to share my investment journey. I’m archiving my journey of expanding my PASSIVE Income and net worth.

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How I’m increasing my Passive Income?

For the passive income-I’m creating online courses on Skillshare, setting up a PATREON page, selling my Digital Products online and more.

I’m also using Dividend Investing, Growth Investing, and ETFs via the stock market.

I’m also invested in cryptocurrencies like Elrond, that pays some staking “income.”

As someone that’s self-employed and runs his own business, part of my goal with the PASSIVE INCOME is smoothing out my monthly income and making it more stable.

If you’re self-employed, you’re on your own when it comes to making sure you are ready for retirement.

My Instagram Page and Youtube Pages for “Ripe for Investing”

A little more about me my INVESTING JOURNEY: (If you’re a glutton for punishment)

I began contributing to a 401K at my old job many years ago; you couldn’t get any more of a passive investor than I was. My previous career was as a chemist, by the way. Like many people, I was never taught anything about investing as a child, nor did my family invest. As far as I knew, you went to a job, earned a salary, and that was your income. You basically lived one day to the next; that’s how my parents lived. Sad, but true.

At my chemistry job, I put money into the 401K because that’s what someone told me to do, not because I understood it. The company provided a match, and I never looked at it. I couldn’t have told you the difference between a small-cap stock and a bond. I was THAT lost!

A few years later, after I left the chemical industry, I heard about ROTH IRA’S on a Clark Howard show. I decided I had to have one as it sounded too good to be true. Tax free? SIGN ME UP!

I only had one holding in it, VTSAX, Vanguard Total Stock market index fund. I believe this was around 2006. I tried my best to make contributions, sometimes maxing it out, sometimes barely putting anything in (I didn’t know any better). One thing is for sure, I didn’t put in nearly enough!

In 2018, I decided it was time to get more active and aggressive with my retirement and use individual stocks & dividend investing to add to my monthly income. That’s how this new vision began. I spent hours each day reading, watching and learning all I could about picking stocks, investment strategies and researching companies. I taught myself how to read a balance sheet, whether or not dividends were covered, and built a few spreadsheets.

The more I discovered about PASSIVE INCOME, the more I looked for other ways to make it. This lead to using my Youtube Channel to build a Patreon membership page, building online music courses, running Google ads on my website, and more.

That’s enough about me. I simply hope you learn something by visiting/reading this site. I will detail my successes, but also provide transparency of failures. (My Mistakes)

I’d LOVE to hear from any of you, how long have you been investing or doing PASSIVE INCOME? How has it been working out for you?

We’ve got this!