Rio de Dinero

The discussion in this blog is about multiple streams of passive income in real estate, stocks, stock options, bonds, internet business, and any other investment or opportunity that will help me, and my readers reach the ultimate goal of being financially independent.
So you ask what is Rio de dinero? Rio is a river, dinero is money, with that in mind lets make rivers of money not just streams.

Monday, December 28, 2009

Happy New Year!

I wish you all a prosperous and health New Year!  Best of luck in 2010!  Keep the multiple streams of income flowing!

Tuesday, December 22, 2009

It's beginning to look a lot like Christmas

Feliz Navidad, Buon Natale, Merry Christmas! I am getting ready to have Christmas with my family, as I prepare, I cant help but be reflective, and thankful for all that I have. A beautiful, and healthy family, love, prosperity, and coming soon wealth. I am building up my assets, and I will be out of the "rat race" by 50, that's 15 years from now. I will be financially independent, and not have to work for a living. Passive income, and multiple streams of income will provide a wealthy lifestyle for myself, and my family.

God bless to you all!

Keep prosperity going! A prosperous New Year to you and all of your loved ones.

Thursday, December 17, 2009

Passive Income

This is what I am all about. This is why I am writing this blog. I want to create multiple sources of passive income. Passive income, nice, salary, and being an employee naughty.

Passive income
From Wikipedia, the free encyclopedia
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This article may require cleanup to meet Wikipedia's quality standards. Please improve this article if you can. (May 2008)
Passive income is a rent received on a regular basis, with little effort required to maintain it.
The American Internal Revenue Service categorizes income into three broad types, active (earned) income, passive income, and portfolio income. It defines passive income as income from "trade or business activities in which you do not materially participate."[1] Other financial and government institutions also recognize it as an income obtained as a result of capital growth or in relation to negative gearing. Passive income is usually taxable.
Some examples of passive income are:
Earnings from a business that does not require direct involvement from the owner or merchant;
Rental from property;
Royalties from publishing a book or from licensing a patent or other form of intellectual property;
Earnings from internet advertisements on websites;[citation needed]
Residual income, repeated regular income earned by a sales person, generated from the payment of a product or service, that must be renewed on a regular basis in order to continue receiving its benefits;[citation needed]
Dividend and interest income from owning securities, such as stocks and bonds, is usually referred to as portfolio income, which may or may not be considered a form of passive income. In the United States, portfolio income is considered a different type of income than passive income;

Monday, December 7, 2009

The power of determination

Here is an interesting article from MSN Money, by Minyanville:

"Corporate leaders -- with their soaring salaries, fat-cat bonuses and ridiculous perks -- have become lightning rods for public outcry in recent years. Once upon a time, we might have admired the kind of prowess that takes an executive to the corner suite. But these days it's hard to muster warm feelings for anyone earning millions while so many other people search the job ads.
Or is it?
What if we told you that the woman leading Xerox had grown up in the projects on Manhattan's Lower East Side? That her mother used to keep her motivated by reminding her, "Where you are is not who you are." Even Ken Lewis, the departing CEO of Bank of America, learned the value of a part-time job -- in his case, selling Christmas cards after his father walked out on the family when Lewis was just 12 years old.
Here Minyanville profiles nine corporate leaders who exemplify the American dream. They started with little and worked their way to the top, accumulating status and wealth along the way."

I think this is a nice, positive piece that sheds light on the power of determination, and that it isn't evil to want to be successful, or wealthy.

Sunday, December 6, 2009

Meeting December 15th Saturday

For all whom are interested I will be conducting a meeting at the Randolph Library from 10:30 am to 12 pm. We will be discussing the following: What is Rio de Dinero? What are your goals for 2010? What are some issues/opportunities that face the Spanish speaking demographic?
The reason for this meeting is to network, plan, and discuss multiple streams of income, and achieving all your goals for 2010. Be there!
Go to for details.

Wednesday, December 2, 2009

Some investing rules to live by

Here are some investing rules to live by, courtesy of, article written by Lou Betancourt:

No-Brainer" Rules
1. Forget growth. Invest in income.
2. Reinvest your dividends.
3. Take the higher yield.
4. Small-caps beat large-caps.
5. Look overseas for higher income.
6. Choose fast-growing foreign markets.
7. Avoid taxes, legally.
8. Load up on monthly dividend payers.

Monday, November 30, 2009


This morning on my usual commute to work, I saw a majestic bald eagle in flight. It truly was inspiring to see that symbol of freedom, and the emblem for the United States. It reminded of how great this country can be and will be. It also made me think how I can become free as well too, free from the "rat race," and free from the 9 to 5 drudgery. It is time to "mind my own business," and plan for financial independence. Be free, be successful, like the now thriving again American bald eagle!

Friday, November 27, 2009

Time for Reflection

As 2009 reaches it's end, it is time to reflect, and give thanks. Be thankful for family, friends, and health. It is time to make plans to improve upon your situation. What is your goal? What are you going to do to achieve your goals? What is your motivation? What is your why? My why is my family, and financial independence. I will retire in 15 years. As for short term goals, my goal is to have a net worth of a 1 million by 2010, and to weigh 200 lbs. by 2010. I am setting the bar now, I can reach it. Hold me accountable.

Tuesday, November 24, 2009

What would Bill Gates or Warren Buffett do?

Well I missed the CNBC show with Warren Buffett, and Bill Gates, but I did catch the ending. The presenter asked, "if America was a stock would you buy now?" Both answered with an emphatic "Yes!" If they believe in America so do I. This still is the greatest land for opportunity, we can weather the storm, and come out of this recession better than before. Yes we can! Si se puede!

Friday, November 20, 2009

Who are your role models?

Let me start by saying my role models are my parents. They came to this country over 40 years ago, and they came with the idea of opportunity. I still believe in that ideal. The dream is still alive. It might be weakened, but it is still alive. Some might even argue with this weak economy there are even more opportunities out there, especially in real estate.

Some people have sports figures as role models. My role models are on Money magazine, and CNBC. I want to emulate their success stories, such as Warren Buffet, Bill Gates, Roy Kroc, and Sam Walton. Real champions of capitalism, and true stories of ambition, and perseverance.

Wednesday, November 18, 2009

Multiple Streams of Income

I have two investment properties, and I looking for my third. I am also looking at a couple of franchises. Once I have a business set in place, I can look into other vehicles, such as: Internet business, stock options, etc. What are you doing to generate wealth, besides your job? I am interested to know. Thanks, and keep on rowing, rowing, rowing down the river of money.

Tuesday, November 17, 2009

Is it the end of the bull market?

If so, what else is there for investors? Well, let's see, there is business, such as a franchise or online business. There is real estate, whether it be land, multi-families, or single families. There are options. That is to say there are other vehicles besides the stock market. Which one works best for you? Why not use all of them, and others that are not mentioned? What are you doing to create wealth? The key is to build multiple streams of income.

Monday, November 9, 2009

Moving Forward

I am taking a stand. I am making a decision. I no longer want to work for someone else. I need to be independent. I need to "mind my own business." Now that I have made the decision there is no turning back, it is "success or bust." The latter is not an option for me. Again my goal is to be the best provider I can for my family, and I know this will be achieved by owning my own business, in conjunction with other streams of income, such as: rental properties, portfolio income, Internet, etc.

Let's keep rolling, rolling, rolling down the river of multiple incomes.

Tuesday, November 3, 2009

Security vs. Wealth

I have been mulling over this in my mind for years now. Do I make the move, and give up my secure nice job, with great benefits or do I go into the unknown and create a business?

What are the motivating factors?
Security is important, however I don't want to settle to have a nice job. I want to create something, build something that I can be proud of that I can pass along to my heirs, so that future generations can expand on my efforts, and wealth; so that we can share with those less fortunate.
Being my own boss, also my own slave. However I don't have to report to anyone else but myself.
Let's talk about this. Please offer you thoughts, and ideas on security vs. wealth.

Wednesday, October 28, 2009

Let's talk about success

What are you doing to create multiple streams of income? Are you having success in real estate, Internet, stocks, options? Is there a good business opportunity out there that you can share? Please, I am open to any comments or suggestions.

Monday, October 26, 2009

Keep Digging

Keep digging, you are only 3 feet away from gold, as is told in the book Think and Grow Rich. I'll keep plugging away, I am determined to "mind my own business," and become financially independent. Nothing will stop, and nothing can get in my way.

Thursday, October 22, 2009

Ways of the Rich

Here is a good article b6 must-have millionaire habits

by SavvySugar, on Thu Oct 15, 2009 10:54am PDT
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Acquiring wealth isn't a priority for everyone, but it's safe to say that most of us want to live comfortably. Whether you're striving to gain a financial peace of mind or shooting to be a cash money queen, these six basic habits of millionaires will help you land on your feet.
Learn From Your Mistakes - Don't dwell on the mistake, focus on the lesson. Many of the wealthiest Americans on this year's Forbes 400 list endured some tough obstacles in their careers, but they learned from those experiences to keep them on the right track later on.
Look For Value - People who have money to spend don't skip the process of comparing prices and seeking out deals just because they can technically afford to pay for the most expensive item. They look for value.
Find Your Niche - Think you'll hit the jackpot by doing something everyone else can do? Not likely. Most people who earn big bucks have found a niche that increases their demand and therefore, their paychecks. Not sure what your niche is just yet? That's OK, for now, work on becoming indispensable at your job.
Be in Control of Your Money - If you're not paying attention to where your money is going, then you're not in total control of your money. People who accomplish their goals get there by understanding how their spending habits, debt, and assets play into the big financial picture. Educate yourself on money matters and be accountable for your personal finances.
Avoid Frivolous Fees - People don't build their nest eggs by letting pointless fees slide. Familiarize yourself with the policies of anyone with the ability to charge extra — banks, credit card companies, your cell phone provider, you name it. Those fees add up to money in your pocket.
Believe in Yourself - Of the wealthiest Americans on this year's Forbes 400 list, 274 of them are self-made. Luck may have played a small role here and there, but in most cases it was about taking calculated risks and standing behind ideas, even when others are critical. Related Content:How Did Self-Made Million- and Billionaires Get Their Starts?Global Rich List Wants You to See How Rich You Really Are11 Golden Rules to Live By
Related: wealth, money, financial independencey yahoo finance:

Wednesday, October 21, 2009

The body knows...

I have been feeling tired, anxious, and quiet frankly a little stressed as of late. My body is trying to tell me something. It is time for a new challenge. My current position does not stimulate me or challenge me. I need a new venture. I need to recreate myself. A new business, a new experience, so that I am constantly growing.

Monday, October 19, 2009


What is my calling? Something is calling me. I've got an itch, and teaching doesn't scratch it anymore. Maybe I can teach about financial education or wealth building? I am not wealthy yet, but I will be soon.

Monday, October 12, 2009

Boring People

Here I am in a boring in-service, with boring people.  I need a change.  I can't stand being with these people any more.  I love languages, but these people are as interesting as watching paint dry.  
I need to mind my own business.  I need to reach my goal.  I will retire by 50, as a multi-millionaire.  I need to be financially independent, I can't stand anymore pointless meetings, and other people's blather.

Thursday, October 8, 2009

I can't fight this feeling anymore

Here is my exit date, by age 50 I will be retired. I don't know though if I can continue teaching for that long. I need to pursue other business opportunities, i.e. online business, options, etc. I will be closing soon on my latest aquisition, a four family. I am half way there with my goal of investment properties.

Friday, October 2, 2009

I need to change my career

I love being with kids, but the routine is dragging me down. The business, and investor quadrants are calling my name. YOU NEED TO BE FINANCIALLY INDEPENDENT! I want to be financially independent. I plan on being financially independent. I just need some help or guidance. I think the interenet is the way to help create another source of cash flow, other than passive income from real estate or stocks.

Wednesday, September 30, 2009

New career path

So I am a teacher. I teach Spanish to Pre-K through 4th grade. I love being with the kids, but I have been doing this for 7 years now, and I am starting to get bored. It is getting to be to repetitive, and monotonous. Therefore I need to work on my exit strategy. I don't want a job or a career, I want a lifestyle. I already have some investment properties, I am currently working on acquiring my third investment property. I have other investments too, but it seems that the internet is the future. I want to start originating income from the internet. I need help. Is there anyone out there that can offer any advice?

Friday, September 25, 2009

Rio de Dinero

Hola, for those non-Spanish speakers, Hello!

What does Rio de Dinero mean? Is it a city in Brazil? No. Is it a new dance? No. Is it a virus? Thank God No.

Rio is Spanish for river, dinero=mula, or money.

Therefore this blog is about a river of money. I just think it is a more powerful analogy than a puny stream of income. I want my income to be a river like the mighty Nile.

So, what are people doing out there in the blogosphere to generate additional sources of income aside from a salaried position?

I would be interested to hear what you are doing in this difficult economy to generate other forms of income. Please comment.

Keeping rolling, rolling, rolling down the rio de dinero