What would you do with $80,000?

What would you do with $80,000?

What Would you do With $80,000? I talked recently about how I have quite a large amount of money coming my way soon as I’m finishing up my time teaching abroad in Korea. Pension payouts, housing deposit, etc, combined with the best exchange rate for Korean Won—>Canadian Dollars in a decade means that I’ll have roughly $90,000 come March 2016. Since I’m ridiculously frugal, and am living for free on a farm when I move…

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What is Passive Income?

An Overview: What is Passive Income? Passive income is earnings received on a consistent basis without investing effort for each and every dollar earned. Most people think that passive income is ‘easy money’ but this isn’t really the case. In reality, it demands a lot of hard work. Things in life don’t happen magically overnight and passive income is not an exception to this. Once you understand the fundamentals of generating passive income, you can be on track…

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Real Estate or Stock Market Investing?

I was just listening to the Suze Orman Show on Podcast and she was talking about how she prefers stocks to real estate when it comes to investing. I most definitely agree with her, and my reasoning is exactly the same as hers. By real estate investing, I’m not referring to the house that you live in, but additional ones that you buy and rent out to others. When you have real estate, it comes…

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