Friday, February 22, 2008

Welcome to my blog......

Hello World :-)

My name is Ivan, and this is my financial freedom blog.

I am, at the present moment starting with virtually nothing. My intent with this blog is to go from nothing, to financial freedom, and document every step of the way.

I've studied a reasonable amount about money and finance over the years, everything from derivatives trading to property flipping. Some of it i've even tried, and had mixed results.

The world of money making strategys can be broken down into two different types of strategies. Strategies or making quick cash, and strategies for making passive income.

When i say my goal is financial freedom, i mean that my goal is to create enough passive income from inestments that my expenses are fully covered. Only then are you financially free.

I've done a fair bit a of research and so far the best strategies ive come up with are:
Quick cash strategies:
1. Derivatives trading
2. Property flipping
3. Website flipping

Passive income strategies:
1. Website development
2. Positive cashflow property
3. Margin lending into managed funds

As my main focus with this blog is developing a passive income stream, and web development is in my opinion the easiest way to do this, then expect a large portion of the posts to be web development related.

I hope you enjoy following me on my journey, and i hope you someday buy the book that I will write once this project is completed :-)

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