There have been a lot of ups and downs in my various income streams and some changes in risks and opportunities of late. A recent article at Yakezie (What Would You Do if a Major Income Source Went to Zero) made me think about this some more. On the “real” job front, things seem to be pretty steady, but my salary increases aren’t meeting what my old assumptions were when the economy was booming (I realized my salary will never increase again in terms of real dollars). On the real estate front, we’re having a bit of a challenge with some tenants looking to break a lease for next year (lots of advice and comments on how to handle). Since these are full-year rentals, it’s not like a residential property where you’re empty for 2 months and you just find a new tenant – we may literally be empty for a full year! On the blog front, things have been going pretty well over the years and I can’t complain about the side income, but so much success is dependent on mother Google and her search algorithms, which can change in an instant (and have!). Lastly, our AutoCAD Outsourcing business is really taking off, so that may help fill some gaps in my other income streams once we start taking some distributions.
Are You Diversified?
With that in mind, here are some reads I enjoyed from the week, as well as a thanks to outlets that featured my content recently:
Cracked.com – (funny) – Lessons Learned Growing up Rich
Zero Hedge – Oil Conundrum Explained
Arbor Investment – Operating Cash Flow Explained
Money Mamba – Expensive Clothes as an Investment
Money Crashers – Free Stuff You Should Take from Hotels
The Burning Platform – Asleep at the Wheel
Retire By 40 – Staying Productive While Working from Home
Squirrelers – Monetize Anything!
Consumerism Commentary – Prenups for Cohabitants
Money Cone – Companies NOT to do Business With
Oblivious Investor – Changing Asset Allocation of Time
My Journey to Millions – What is an Elective Share?
Len Penzo – Don’t Confuse Equal Opportunity with Equal Outcome
101 Centavos – Investing in Farmland
Sweating the Big Stuff – Company Trips – Best Perk Ever?
 Thousandaire – Time to Legalize Pot
Investor Junkie – 2 Ways to Maximize Roth IRA Returns
Carnivals:
Carnival of Financial Planning
Self-Directed Retirement Carnival
{ 8 comments… read them below or add one }
Would love to learn more about this CAD outsourcing business. Sounds like it’s taking off! Retireable income you think in a year or two?!
It is; we landed a six-figure client last week. Not sure about retireable income, since we’re afraid to count our chickens before they hatch, but if things keep progressing the way the are, we could reasonably be taking very nice distributions by summer.
I commend you for looking beyond Google and exploring alternative sources of income. Good luck on the CAD gig!
Thanks – I have my plate full for sure now! 4 gigs to manage is enough.
Thanks for the mentions!
Any time!
Congrats on the business taking off. A summer distribution sounds nice. Hope the rental thing works out as well and you don’t miss a year of rent.
Thanks for the link, Darwin!