Tuesday, November 27, 2007

Cash Flow (Literally)

Another week, another post - this one is just a commentary on something that Karl Fulljames found on another blog on the Internet.

In relation to Cash Flow, the Blog called: The Tao of Making Money illustrates the cash flow patterns that exist for the vast majority.

Although an excellent example - I feel that it doesn't capture every aspect of the rich cash flow archetype - but that's pretty well documented in Kiyosaki's and Anderson's work.

In any case, it's a good start. If only there were a multiple income stream one where they had some of the money flowing into an "Asset" container, which then streamed back into income...


sometimes I wonder if it's a good thing, or a bad thing that I own a tablet PC... Anyway, you get the rudimentary idea. Eventually the goal would be to create multiple passive streams and get rid of the IN stream coming from the regular 9-5 workday to free up more time to dream up even more passive streams. In the end, it truly is just a game.


Thanks to the whole iPoint project, I'm happy to say that this is my current diagram - (with a few more asset/passive lines - but I'm not creative enough to figure out how to draw that many more). Now that I've done even further research and started looking into the real estate side of the market, I'm looking forward to adding even more streams. I can't wait until I'm allowed to launch the whole Infiniti Point Investment Club.

Cheers,
Earl

4 comments:

Doug Anderson said...

Earl,

The link to my blog doesn't seem to be working. It is:

http://yourleverage.blogspot.com/

or simply

http://www.yourleverage.com/

Thanks,
Douglas S.

Doug Anderson said...

See:

http://yourleverage.blogspot.com/2007/12/i-love-what-i-saw-on-earl-flormatas.html

Doug Anderson said...

Multiple streams?

Follow this link...

http://yourleverage.blogspot.com/2007/12/i-love-what-i-saw-on-earl-flormatas.html

Earl Flormata said...

Fixed your link Doug. Thanks for the heads up :)