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?
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