PODCAST: Multiple Income Streams 101

In this segment, trading coach/economist Jerry Robinson delves into a concept that has become increasingly crucial in today’s rapidly changing economic landscape, beginning with a compelling case for developing multiple streams of income. (This is the second and final episode on Level 4 of our Five Levels of Financial Freedom. If you missed our podcasts on Levels 1-4 in this series, we’ve provided links for you below this segment.)

• The Importance of Diversifying Income Sources
• … Even (and Especially) in Retirement
• Imagine a Life Where Financial Worries Take a Backseat

In our second segment, Jerry dissects the three fundamental types of income, demystifying the concepts and empowering you with knowledge.

• Earned/Active Income
• Portfolio Income
• Passive Income 
• Benefits and Drawbacks of Each Type of Income
• Insights on How to Balance and Optimize Different Income Streams

In our third segment, Jerry provides a practical introduction to various income streams you can initiate, from robust investment strategies to innovative financial instruments.

• 401K and Retirement Accounts
• Dividend Investing
• Annuities
• Covered Call Options
• Stock/ETF Trading

Jerry closes out today’s episode with inspirational words from a celebrated expert in successful wealth building.