I love traveling. At 25 years of age, I have by no means broken any records with my traveling but I have most definitely been blessed with several trips overseas and travels all over the United States including a 10 day trip to Hawaii. Overall, not bad. Not bad, however, is not good enough.

A huge driving factor in most of what I talk about on this blog regarding financial freedom is my desire to travel and to have the means to travel. Furthermore, I talk at length about establishing a form of passive income on this blog. The best part of a passive income is that it is passive. This means that I could have cash flowing in while I’m traveling! What would be better than that?

Well, until you or I get to that point, what about the idea of traveling the world while working a regular job? Is that possible? Well, in my last job, I lived a very close version of this reality. It’s time for me to share my experience and share what I learned in order to potentially help you make this happen in your life. Continue Reading »

Popularity: 37% [?]

76Comments (2)http://20smoney.com/2008/05/31/how-to-travel-the-world-without-quitting-your-job/How+To+Travel+The+World+Without+Quitting+Your+Job2008-05-31+18%3A37%3A34Kevin

I have written several articles recently about my Apple (AAPL) stock trading actions. The stock has had a roller coaster ride throughout 2008, plummeting close to 40% to start the year then making most of that back over the last few months. The true believers, myself included, bought more stock near the lows several months ago. The question that I sit up at night thinking about and have been for a while now is if and when should I take profits in this stock? Continue Reading »

Popularity: 10% [?]

81Comments (2)http://20smoney.com/2008/05/29/the-question-that-continues-to-haunt-me-sell-apple-stock-to-take-profits-or-let-it-ride/The+Question+That+Continues+To+Haunt+Me%3A+Sell+Apple+Stock+To+Take+Profits+Or+Let+It+Ride%3F2008-05-29+22%3A56%3A45Kevin

Okay, it’s time for me to admit something. There is other good content out there on the web for 20-somethings in addition to 20s Money. I’ve decided to go ahead and write an article recommending some of the blogs that I like to read frequently. Check them out and if you like them add them to your RSS reader. Continue Reading »

Popularity: 12% [?]

79Comments (1)http://20smoney.com/2008/05/29/my-top-five-blog-list-for-other-20-somethings/My+Top+Five+Blog+List+For+Other+20-Somethings2008-05-29+14%3A11%3A33Kevin

In my previous article entitled, “My Four-Pronged Strategy Towards Financial Prosperity,” I talked about a second form of income. I also described this second income stream as passive income. Today, I am going to discuss why this should be the top priority of all 20-somethings looking to build wealth.

Continue Reading »

Popularity: 28% [?]

77Comments (4)http://20smoney.com/2008/05/29/why-a-second-income-stream-should-be-your-top-priority/Why+A+Second+Income+Stream+Should+Be+Your+Top+Priority2008-05-29+11%3A29%3A48Kevin

In my previous article entitled, “My Four-Pronged Strategy Towards Financial Prosperity”, I discussed real estate as one of the four components of my overall financial picture. Real estate is a great way to combine your residence with a potential return on your money. While the days of automatic-appreciation are over, there are still opportunities to make money on real estate. You just have to be more selective.

Home ownership, even in today’s environment, is still a good thing. For a young 20-something fresh out of school, buying a home is a great opportunity to build wealth and build your credit. With your initial salary, it will probably be tough to afford a mortgage and with minimal savings, it could be tough to get approved for a loan. Here are some ways to tips to help make it happen. Continue Reading »

Popularity: 18% [?]

75Comments (2)http://20smoney.com/2008/05/27/how-to-buy-a-home-right-out-of-college/How+To+Buy+A+Home+Right+Out+Of+College2008-05-27+17%3A16%3A51Kevin

As I mentioned last week, I unloaded portions of the two positions that have been responsible for my outperforming portfolio so far in 2008. Today, I am going to discuss some macroeconomic conditions that have me worried about the performance of stocks in the near future. Continue Reading »

Popularity: 6% [?]

74Comments (2)http://20smoney.com/2008/05/27/the-case-for-cash/The+Case+For+Cash2008-05-27+14%3A45%3A01Kevin

The following article is a guest post from 20s Money reader, Daniel from University of Georgia.  Thanks Daniel for the great information.

As an active investor in my 20s, I am interested in finding stocks with high growth potential that can add wealth to my slower moving, safer, “pillar” stocks. I see the current bear market as an opportunity to buy stocks at below-average prices. As a college student I do not have a lot of money to invest, so small cap stocks interest me due to their generally low prices and high growth potential. I search for stocks with very large gaps between their below average 52-Week performances and their strong 13-Week performances. These stocks will tend to trade well below their average prices yet with recent, strong 13-week performances, they are generally gaining value. Small cap stocks can be excellent long-term investments but this article will concentrate on gaining from very short-term positions with extremely volatile stocks. Continue Reading »

Popularity: 5% [?]

73Comments (0)http://20smoney.com/2008/05/25/targeting-volatile-small-caps/Targeting+Volatile+Small+Caps2008-05-26+02%3A34%3A24Kevin

We live in a very risk averse society. Financial planners recommend a well diversified portfolio. Career counselors provide advice to achieve job security. Relationships often fail because one participant avoids putting himself or herself “out there” to give it a chance. Oh yes, we are taught from an early age to avoid risk. It is inherent in all of us.

The reality is that if you are not willing to risk anything, then you likely are not going to gain much either. However, risk too much, and you might wipe yourself out. Physically, emotionally, financially, etc. How, then, can we risk enough to achieve large returns while minimizing potential losses? Continue Reading »

Popularity: 8% [?]

70Comments (1)http://20smoney.com/2008/05/23/how-to-get-rich-when-everyone-else-is-afraid-to/How+To+Get+Rich+When+Everyone+Else+Is+Afraid+To2008-05-23+11%3A07%3A02Kevin