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.