Comments on: 5 Months of Alternative Income Reports http://www.lazymanandmoney.com/5-months-of-alternative-income-reports/ Saving, Earning, and Investing Money Sat, 11 Feb 2012 03:58:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Barb http://www.lazymanandmoney.com/5-months-of-alternative-income-reports/comment-page-1/#comment-178067 Barb Sat, 10 Apr 2010 01:14:07 +0000 http://www.lazymanandmoney.com/?p=2815#comment-178067 Hi Lazy Man, I love the alternative income concept. My husband and I have some royalty income (he's a famous guy in his field!), and I have done very well w/ our investments.... but I don't really consider any of our investment capital gains and/or dividends as income since I designate it for retirement not spening. But, that's my own mental accounting!! BTW, I am totally impressed with your posts, very well thought out-how do you find the time to keep up your site(s), write so much, & work? Hi Lazy Man, I love the alternative income concept. My husband and I have some royalty income (he’s a famous guy in his field!), and I have done very well w/ our investments…. but I don’t really consider any of our investment capital gains and/or dividends as income since I designate it for retirement not spening. But, that’s my own mental accounting!! BTW, I am totally impressed with your posts, very well thought out-how do you find the time to keep up your site(s), write so much, & work?

]]> By: Lazy Man http://www.lazymanandmoney.com/5-months-of-alternative-income-reports/comment-page-1/#comment-178025 Lazy Man Fri, 09 Apr 2010 20:51:48 +0000 http://www.lazymanandmoney.com/?p=2815#comment-178025 Plans will be readjusted for kids if kids are in the plan. (How is that for an answer?) I addressed that in the retirement plan series. I hear varying things about how expensive kids are. Some people raise kids quite frugally. That's a topic that's really too far beyond the scope of comments here, though. I will say that I've already started a 529 plan just in case (it can be passed to nephews and nieces if we don't use it) and the military has some college benefits for children of those who serve such as my wife. Plans will be readjusted for kids if kids are in the plan. (How is that for an answer?) I addressed that in the retirement plan series.

I hear varying things about how expensive kids are. Some people raise kids quite frugally. That’s a topic that’s really too far beyond the scope of comments here, though. I will say that I’ve already started a 529 plan just in case (it can be passed to nephews and nieces if we don’t use it) and the military has some college benefits for children of those who serve such as my wife.

]]> By: Financial Samurai http://www.lazymanandmoney.com/5-months-of-alternative-income-reports/comment-page-1/#comment-178022 Financial Samurai Fri, 09 Apr 2010 20:35:32 +0000 http://www.lazymanandmoney.com/?p=2815#comment-178022 Gotcha! Thanks for pointing me in the right direction. It does help if the wife has a full time job with health benefits you can be added to. That's a no brainer. Any plans for kids? Everybody tells me kids are expensive, and requires people to work for the duration onf their educationl expenses. Will check out your retirement plan. Sam Gotcha! Thanks for pointing me in the right direction. It does help if the wife has a full time job with health benefits you can be added to. That’s a no brainer.

Any plans for kids? Everybody tells me kids are expensive, and requires people to work for the duration onf their educationl expenses.

Will check out your retirement plan.

Sam

]]> By: Lazy Man http://www.lazymanandmoney.com/5-months-of-alternative-income-reports/comment-page-1/#comment-177999 Lazy Man Fri, 09 Apr 2010 18:14:08 +0000 http://www.lazymanandmoney.com/?p=2815#comment-177999 I think it most depends on what the job is. If it's the same job, at this point, I'd rather contract. My wife gets great benefits to cover me, so I'm better off not having to pay them in the form of a reduced salary for me. Also as a contractor, you are less likely to be told you need to be in at a certain time or even put in regular hours. You are correct on the mid-30's... turned 34 in the last month. I don't know what you really mean by just getting started? I'm aiming towards just being finished if we are talking financially ;-). On a serious note, you can learn about my plans of being closer to the end a lot quicker by going the series I wrote starting with: http://www.lazymanandmoney.com/our-early-retirement-plan-introduction-part-0/. I think it most depends on what the job is. If it’s the same job, at this point, I’d rather contract. My wife gets great benefits to cover me, so I’m better off not having to pay them in the form of a reduced salary for me. Also as a contractor, you are less likely to be told you need to be in at a certain time or even put in regular hours.

You are correct on the mid-30′s… turned 34 in the last month. I don’t know what you really mean by just getting started? I’m aiming towards just being finished if we are talking financially ;-). On a serious note, you can learn about my plans of being closer to the end a lot quicker by going the series I wrote starting with: http://www.lazymanandmoney.com/our-early-retirement-plan-introduction-part-0/.

]]> By: Financial Samurai http://www.lazymanandmoney.com/5-months-of-alternative-income-reports/comment-page-1/#comment-177819 Financial Samurai Fri, 09 Apr 2010 04:32:03 +0000 http://www.lazymanandmoney.com/?p=2815#comment-177819 Sounds good LM. Do you prefer being a contractor or having a regular job? You don't seem to be too old, so just wondering what your state of mind is. In my mind you're in your mid 30's and just getting started, so what you say jives differently with my imagination. Rgds, Sam Sounds good LM. Do you prefer being a contractor or having a regular job?

You don’t seem to be too old, so just wondering what your state of mind is. In my mind you’re in your mid 30′s and just getting started, so what you say jives differently with my imagination.

Rgds, Sam

]]> By: Lazy Man http://www.lazymanandmoney.com/5-months-of-alternative-income-reports/comment-page-1/#comment-177682 Lazy Man Thu, 08 Apr 2010 18:44:48 +0000 http://www.lazymanandmoney.com/?p=2815#comment-177682 Well, I'm a contractor so total income can vary greatly. When I find a job that suits me, I'm in the six figures. If such a job doesn't avail itself to me, I tend to go into a form of semi-retirement. I will work more on alternative income, but I will also take more time for myself (travel with my wife when she's on business, take the dog to the dog park, etc.) Well, I’m a contractor so total income can vary greatly. When I find a job that suits me, I’m in the six figures. If such a job doesn’t avail itself to me, I tend to go into a form of semi-retirement. I will work more on alternative income, but I will also take more time for myself (travel with my wife when she’s on business, take the dog to the dog park, etc.)

]]> By: Financial Samurai http://www.lazymanandmoney.com/5-months-of-alternative-income-reports/comment-page-1/#comment-177668 Financial Samurai Thu, 08 Apr 2010 17:49:57 +0000 http://www.lazymanandmoney.com/?p=2815#comment-177668 Good stuff Lazy Man! Have you revealed what percentage of your total income is alternative income? If not, that's cool. It really seems like the normalized cap on income is around $2,000 for most PF bloggers, with a handful in the $5,000+ range only who are doing it solo. Cheers, Sam Good stuff Lazy Man! Have you revealed what percentage of your total income is alternative income? If not, that’s cool.

It really seems like the normalized cap on income is around $2,000 for most PF bloggers, with a handful in the $5,000+ range only who are doing it solo.

Cheers,

Sam

]]> By: Blogging Banks http://www.lazymanandmoney.com/5-months-of-alternative-income-reports/comment-page-1/#comment-177637 Blogging Banks Thu, 08 Apr 2010 15:16:06 +0000 http://www.lazymanandmoney.com/?p=2815#comment-177637 Lazy, Thanks a lot for posting these inspirational alternative income reports. $2000 in after-tax income is nothing to sneeze at. You actually need to invest $600K in 4% Ten year treasury bonds in order to generate that much in taxable income! Keep up the good work! BB Lazy,

Thanks a lot for posting these inspirational alternative income reports. $2000 in after-tax income is nothing to sneeze at. You actually need to invest $600K in 4% Ten year treasury bonds in order to generate that much in taxable income!

Keep up the good work!

BB

]]> By: Manny Davis http://www.lazymanandmoney.com/5-months-of-alternative-income-reports/comment-page-1/#comment-177277 Manny Davis Tue, 06 Apr 2010 22:25:39 +0000 http://www.lazymanandmoney.com/?p=2815#comment-177277 I was actually fooled on your lottery winning post. I was actually fooled on your lottery winning post.

]]> By: Lazy Man http://www.lazymanandmoney.com/5-months-of-alternative-income-reports/comment-page-1/#comment-177187 Lazy Man Tue, 06 Apr 2010 14:51:15 +0000 http://www.lazymanandmoney.com/?p=2815#comment-177187 It's probably a little over 80% at this point. That's just a guess as I don't really break it down any further. It’s probably a little over 80% at this point. That’s just a guess as I don’t really break it down any further.

]]> By: Paul Williams http://www.lazymanandmoney.com/5-months-of-alternative-income-reports/comment-page-1/#comment-177045 Paul Williams Mon, 05 Apr 2010 22:16:15 +0000 http://www.lazymanandmoney.com/?p=2815#comment-177045 Hey Lazy Man, thanks for the update. How much of your alternative income would you say is generated by this site? You're getting a decent chunk of alternative income now. Keep up the great work! Hey Lazy Man, thanks for the update. How much of your alternative income would you say is generated by this site? You’re getting a decent chunk of alternative income now. Keep up the great work!

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