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I started learning about selling stock options in April of last year. I had no idea how impactful this new skill would become. My Robinhood retirement portfolio is up over 146% year-over-year. Without the use of stock options it would likely be up only 10-15%. It takes a little time to understand and implement option selling in a healthy way. A solid strategy can make or break whether we earn or lose money in the stock market. It is the same with selling options. I want to support you in engaging with the stock market in a healthy way. Everyone can learn to utilize the opportunities it provides, while avoiding the pitfalls. That's why I created an online community to help us learn together: Salt Money Stock Option Sellers The founding members rate is still available for a limited time. I just posted a portfolio update for the community, sharing the main five stocks which contributed to the 146%+ growth of the portfolio. The update also shares some of my thoughts on where the market might be headed next. You will have instant access to it after joining Salt Money Stock Option Sellers. Are you ready to take your financial freedom to the next level?

The best way to build passive income from scratch depends on several factors. Our credit score, skills, savings (if any), as well as prior experience all play a role. Why is the credit score important? It is only important in the US or in a country with a similar financial system. Without an average or better credit score it becomes a lot harder to get a real estate or business loan. Don't have a good credit score? No problem, there are still many ways to build passive income (I'll share one below). Passive income is not a get rich quick scheme. We need a solid strategy as well as good execution paired with patience to see results. When I bought my first real estate property, I did not have a good enough credit history nor a stable enough income to get a decent loan from a bank. My parents agreed to co-sign with me, since I had a proven track record with them on being true to my word. This might seem like a handout to some, but they did not help at all with paying my loan or other expenses. I was old enough to manage these responsibilities on my own. I do not recommend co-signing, even if family members are involved. This option should be reserved for very special and low risk circumstances. But I want to share it here as example. Sometimes we have to find an unusual path to acquire the first asset that can generate passive income for us. I did not buy my first property for the purpose of creating income. It was just a practical option I had seen work well for my parents. If I was trying to earn passive income from real estate today, I would look for an affordable property (maybe a condo) which is just good enough for me to live there. I would find a way to buy it for a good deal and rent all rooms except for mine out to roommates. There are two strategic reasons for doing it this way: 1. Banks are more likely to give you a good loan on a property you plan to occupy yourself. 2. Roommates help with freeing up cash flow, so I don't need to use all of my active income for paying bills.