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.

Friday, March 26, 2010

What's your plan "B"?

What's your plan "B"?  During these trying economic times, it is important to have savings, and other sources of income in the event of losing one's job.  In the past it was recommended by many finacial advisors to have 6 months of reserves ready in case of emergency.  I think the new rule for the "new economy" is perhaps 1-2 years income during times of crisis.  What are you doing America?  How are you preparing?  Some options are real estate, stock options, businesses.  Multiple streams of income, so that if one stream dries up you can still go fishing in another.  Keep building up your streams everyone, so that they can be mighty rivers!  God bless, and prepare for the worst, so the worst doesn't happen.

3 comments:

  1. I am a teacher, and I am worried about losing my job. So this is right up my alley. I have to prepare for the event in case I am laid off.

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  2. 財富並非永遠的朋友,但朋友卻是永遠的財富。..................................................

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  3. 謝謝那些明智的詞,他們從Confucius

    ReplyDelete