How to Stress Test Your Cashflow
In the podcast with Quentin D’Souza available here, he happened to mention that he “stress tests” his portfolio every year. You’ve probably heard of bank stress tests, right? Investopedia defines a bank stress test as… “An analysis conducted under hypothetical scenarios designed to determine whether a bank has enough capital to withstand a negative economic…
Leverage this BILLION DOLLAR Asset to Your Advantage
I write a lot about not being average – not living an average life, and as you might imagine, I get some negative feedback about my position on this… “Rob – Why do you always make negative comments about average people? There’s nothing wrong with being average.” When you’re on your death bed, will you…
The BIGGEST Lesson I Learned from the 2008 Market Crash
When the 2008 crash hit, I owned several businesses with many employees and a great deal of overhead. At some point, I started journaling lessons I was learning from the market crash. My hope was to learn from everything so I wouldn’t make the same business and investing mistakes again. In other words, I didn’t…
Time Trader
I got this email a few days ago: “Shouldn’t you be teaching people how to increase their i-n-c-o-m-e instead of writing about cashflow all of the time?” Well, I don’t write about increasing your i-n-c-o-m-e because I’m not a time trader. I’m not interested in trading time for dolla billz. I-n-c-o-m-e usually flows from your…
How to Double Your Income Without Working More Hours
While discussing real estate with a highly paid urologist, he happened to say…“Yeah, but I’m still a laborer.” This urologist is doing very well financially. He has a large beautiful home in a wealthy neighborhood. He has high-end cars, expensive clothes and a membership at one of the best country clubs in the area. His…
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