Welcome to the LIVING OFF DIVIDENDS & PASSIVE INCOME Blog.

I’m a 33 year old programmer living in Southern California. Several years ago I came across Kiyosaki’s “Rich Dad Poor Dad” and I realized that for most people, life’s a continuous race to make more money and upgrade your lifestyle. Most people achieve this by working harder and harder at their job. Instead, if you develop a few different streams of income, you could enjoy a better lifestyle with less work.

Shortly after 9/11 I was laid off and after 4 months was close to being broke. It was a rather depressing period and it solidified my resolve to get multiple income streams going.

I started researching various investment vehicles like real estate, stocks and commodities (like gold and oil).  All these different asset classes help diversify the risk that is associated with all investments. In the past few years they have served me quite well and I have built up a good foundation to base my future investing off of.

This blog will present some of the ideas that have worked for me, some of the investment philosophies I’ve picked up and also track my efforts in building up my passive income to a point where I sustain my basic needs without a job.

I’d love to hear from you so please do leave your comments.

regards

ND.

livingoffdividends$$gmail.com [replace the $$ with @]