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, 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.