How to Earn Passive Income Online and Pay Less Tax

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In 1928 Evelyn Gregory was the 100% owner of United Mortgage Company. United Mortgage Company owned 1,000 shares of a Monitor Securities Corporation. To comply with the law of a tax-free corporate reorganization, Gregory created Averill Corp, transferred the 1,000 shares into Averill, dissolved Averill, distributed and sold the 1,000 shares for roughly $133,333 while avoiding $10,000 in tax.

Brilliant – in my opinion!

To the contrary, the Commissioner of Internal Revenue, Guy T. Helvering argued that there was no business reorganization and that Gregory had simply used legal forms to understate her tax liability by $10,000.

In 1932, upon review, the Board of Tax Appeals initially ruled in favor of Gregory allowing the tax-free organization.

Interesting precedent!

In 1935, to Gregory’s dismay, both appellate courts of the Second Circuit and Supreme Court ruled Gregory v. Helvering
in favor of Helvering the IRS Commissioner.

Judge Learned Hand of the Second Circuit Court of Appeals, however, did make the following statement: “…a transaction… does not lose it’s immunity because it is actuated by a desire to avoid or evade taxation. Anyone may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose the pattern which will best pay the Treasury; there is not even a patriotic duty to increase one’s taxes.”

how to earn passive income and pay less tax - courthouse

I agree with Judge Hand – there is no reason to pay more tax than what we are legally obligated, and there are many tax strategies that we can use to make this happen.

That is why it’s important to learn how to earn passive income online and pay less tax – because it’s not about how much you make, it’s about how much you keep!

3 Types of Income

Before you can begin to deploy any type of tax strategy it’s important to understand the 3 different types of income that the IRS recognizes. This is an especially important step in the process because each of these different types of income is taxed differently.

The 3 types of income are:

  • Earned
  • Portfolio
  • Passive

Earned income is income that is produced in your normal day-to-day activities such as your job, W-2 wages, salaries, tips, small business, 1099 commissions, consulting, products, and many others. It is important to remember that the the production of earned income requires a substantial amount of participation from the individual – commonly referred to as “material participation”.

Portfolio income is income that is produced outside of your normal day-to-day activities and is not created through your normal business activity such as interest, dividends, and capital gains.

Passive income is income that is produced from an investment such as a rental property or a limited partnership in which you do not materially participate. According to the IRS, there are only two different kinds of passive income:

  • Net rental income from real estate or equipment.
  • Business income in which you do not materially participate.

Passive income does not require a substantial amount of participation from the individual.

How Each Type of Income is Taxed

Earned income is the highest taxed form of income and subject to an additional 15.3% of SE tax. If you are a W-2 employee, you are extremely limited in nature to the amount of tax deductions that are allowable. If you have a small business the taxability of the income is the same as a W-2 employee, however, you have many more tax deductions.

Portfolio income is generally taxed lower than earned income. There are many factors involved such as filing status, tax bracket, the amount of time the investment held, etc. There are very few tax deductions that are involved with portfolio income.

how to earn passive income and pay less tax - income

Passive income is the lowest taxed form of income with the most amount of tax deductions.

Thus, you can see why it’s important to have a good base-camp understanding of the 3 types of income and how they are each taxed.

Earn Passive Income Online

As I’ve mentioned before, there are many benefits to aligning yourself with the future of technology and building an online business. There are literally 100’s of ways to make money online, but I personally believe that focusing on affiliate marketing is the best choice. Through researching a profitable niche, learning how to build a website, and maximizing traffic through providing keyword rich content you can build a passive income stream.

There are many niche markets in which you can profit, and the cool part is that you don’t have to be an immediate expert in that certain field. Realistically, all that it takes is a desire to grow and learn, you will soon become well-versed in your niche market.

Technology advancements today have allowed just about anybody with a pulse to build a website. The business start-up cost to build a website is by far the lowest start-up cost that exists in any industry. For less than $100 you can get a domain name, hosting, plugins, support, and many other features that go into building a website. In fact there is a free start-up option, I would suggest checking out a company named Wealthy Affiliate.

Generating traffic to your website can be accomplished through keyword research and quality content creation. The keyword research is vital in determining how to drive traffic to your website. I have found a company called Jaaxy
is by far the best at giving you the information that you will need to accomplish this task. After you have pieced together an amazing piece of content you can convey the piece with a blog, video, or podcast.

Over time, the more content you create, the more traffic you will generate which opens the doors for many ways to provide value to your visitors and monetize the flow.

Pay Less Tax with an Online Business

Yes! Building an online business does mean creating passive income that continues to pay dividends into the future. For tax purposes, however, there is nothing passive about building any type of business. If you are creating the income stream and working in the business daily, thus, you are materially participating in the business.

For this reason, an online business would be classified as earned income which subject to the highest tax rates.

The tax strategy to use with an earned income business is by incorporating the business into an S-Corp, or, an LLC taxed as an S-Corp. When you utilize the S-Corp strategy correctly you can forego paying the additional 15.3% SE tax on the profits of the business.

For example, if your business profits $100,000 in a single year, you would essentially save $15,300 in tax with an S-Corp.

how to earn passive income and pay less tax - online business

Such a profound strategy!

With the favorable tax treatment, however, the IRS does require additional regulations.  You will only be able to take advantage of the S-Corp strategy as of the day of incorporation moving forward. In addition, corporate officers are also considered employees in which a reasonable salary will have to be setup to take the first monies out of the business.

The good news though is that after the reasonable salary is paid, the owner can distribute the remaining profits of the business with a tax-free distribution.

If you desire a true passive income lifestyle, building an online business through affiliate marketing is a great way to accomplish this goal. As you begin to earn more, however, there will be tax consequences.

That’s why it’s important to learn how to earn passive income online and pay less in tax because the S-Corp strategy can save you a ton of tax!

To your passive income lifestyle,

Justin Ash, Founder/ Member

Digital Investor

The Best Passive Income Ideas for 2021

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As we turn the page into the 2021 new year, I could not help but to notice the various references on social media directed at the end of the 2020 year.

“2020 is in the past”, “So happy 2020 is finally over”, and “Goodbye to 2020, hello to 2021”, etc.

2020 was a year in which mankind will remember for eternity. A global pandemic, social unrest, antifa protests, black lives matter, socialist reforms, presidential election, and the storming of the US capital.  

The rise of the Chinese economy, potential war with Iran, natural resources in the middle east, and a war on drugs brewing in South American countries can also be added to the list.

It saddens me that there is so much divide in our world today.

Unfortunately, I think we have only seen the tip of the iceberg, and to blindly say “So happy 2020 is finally over” is completely unrealistic and irrational.

As if the end of 2020 and the beginning of 2021 will magically make all the bad disappear.

best passive income ideas - 2020 meme

Humanity has been completely stunned and caught off guard by the multitude of worldwide events that happened in the 2020 year. In addition, the long-term consequences personally, emotionally, politically, and economically have not been afforded enough time to fully run their course.

The cool deal about being a rational human being is that we have the power of choice. And, if you are reading this article my guess is that you are a person who is ready to face these facts head on and examine your choices.

Building a passive income stream that generates cashflow regardless of uncertain economic times can be a gamechanger. That’s why I want to introduce you to the best passive income ideas for 2021 so that “Goodbye to 2020, hello to 2021” could have a different meaning altogether.

The Ugly Truth Behind Today’s Jobs Market

The U.S. economy has recovered more than 12 million jobs since the early days of the COVID-19 pandemic but is still a long way away from what the Federal Reserve would deem “peak employment” levels.

There still exists a myriad number of issues facing workers today and the pace of job creation has slowed considerably. Unfavorably, the rule of thumb goes that the longer a person is out of a job, the longer it takes them to find a new one.

Though the unemployment rate has fallen from its 2020 high of 14.8% to currently at 6.3%, nonfarm payrolls increased by a meager 49,000 jobs in January 2021 but fell by an astonishing 227,000 in December 2020. More than 10 million workers are still without jobs today – 4.4 million higher than before the pandemic.

In April 2020 initial jobless claims reached an all-time high of 6.6 million. Since that record high claims have trickled in just under 1 million per week – The highest the weekly jobless claims has ever been was 653k which was set back in 2009.

Misclassification errors have skewed the Labor Department’s numbers since the pandemic began back in March – the unemployment rate today should be much closer to 10%.

Many lives have been negatively affected causing feelings of fear, insecurity, and various unknowns about personal finance as a result in the recent change in the jobs market.

best passive income ideas - inital jobless claims

Why You May Be Stressed

According to PwC’s “2016 Employee Financial Wellness Survey”, as reported by U.S. News & World Report, “Among U.S. employees, 52% reported feeling stressed about their jobs and finances… among them, 28% reported that financial stress had impacted their health.”

Why does this happen?

Since we were kids growing up if we did not live in a household that taught financial education we would not even know better. How many of us were taught to go to school, get good grades, go to college, get a high-paying job, etc.?

Does that model really work?

According to the metrics outlined above, being an employee, whether high-paid or not, is a precarious position to be in if you want to build wealth, or even survive in today’s market.

As an employee you may be stressed because you literally have no control over your financial future, even if you feel the company you work for is making the wrong decisions. When you effectively sell your time, you may begin to start forming a money stress depression.

And, If you are not working – or are not able to work – you do not get paid!

This presents a real challenge if you become sick or injured, especially if you have no safety net or different source of income, especially passive income.

I can see the look of panic in people’s eyes when I go about my business during the day.

Best Passive Income Ideas

Passive income can be defined as “income that requires little to no effort to earn and maintain…”

best passive income ideas - make money while sleeping

Do not be confused, it’s not easy! There is more effort on the front end, but less on back end.

Initially, it will take a lot of hard work, dedication, and commitment on your part. It will mean sacrificing television, video games, or other leisure activities. I will promise you, however, after you have worked your butt off to create your very first passive income stream that pumps money into your bank account 24/7, you will be hooked.

As a successful entrepreneur I have multiple sources of passive income coming in 24 hours a day 7 days a week! Even if I am spending time with loved ones, surfing, traveling, or sleeping, I am still generating passive income.

That is true financial security, no stress!

In general, income is derived from business, real estate, and the stock market. Passive income is merely utilizing one of these sources to employ a certain strategy that makes it passive in nature.

In business you can build an online marketing business using the power of Google and the world wide web. By choosing a niche, building a website, and attracting visitors, you can build a passive income stream through affiliate marketing.

With real estate you can negotiate a long-term lease with 4+ bedroom single family home and sublet individual bedrooms to traveling professionals on Airbnb. This strategy provides a low barrier entry to control a property, design an automated business system, and build a passive income stream through Airbnb arbitrage.

Through the stock market you can invest and trade an industry, country, commodity, etc. in which you are bullish or bearish. With stocks, ETF’s, reverse ETF’s, leveraged ETF’s, and options you can build a passive income stream by investing in the financial markets.

The Future of Business

If the thought of building passive income streams brings forth excitement this article is for you because now it’s a time for a change to creative thinking.

best passive income ideas - global strategy

Think outside the box! Start thinking how to create a passive income lifestyle!

Today, we are in the Information Age, where information is leveraged by technology and inexpensive resources like silicon that produce wealth. The price of getting wealthy has substantially decreased allowing a new class of super-rich.

In classrooms across the world the internet is readily available, and technology is second nature to most kids. For the first time in history, people can access information and learn about anything regardless of sex, race, religion, socio-economic status, and even geographic location. Information is free and abundant.

The world wide web has opened the door to endless opportunities, especially in business.

With the simple click of a mouse millions of dollars can be moved from one end of the world to the other, while delivery of anything can be made to your doorsteps the very next day.

Thus, it makes sense to align your business with the innovation of these internet technologies.

Building an online business is an easy way to do this.

Building an Online Business through Affiliate Marketing

What’s the easiest way to make money online – Affiliate marketing, hands down!

Affiliate marketing is a form of internet marketing in which you get paid a commission for driving buyers to a certain seller’s website to purchase a specific item. It may sound complicated, but it’s really simple.

Choose a niche market, build a website, attract visitors, and earn revenue!

Today, I choose to educate myself in certain areas including building an online business through affiliate marketing. I literally knew nothing about affiliate marketing and have successfully built a passive income stream using a company called Wealthy Affiliate.

best passive income ideas - affiliate marketing

If you have no experience in online marketing, building a website, or creating content do not worry. Wealth Affiliate will walk you through the entire process and explain it to you as a novice beginner. If you are intermediate level to expert range, you will also find this website extremely useful.

I would highly recommend reading the articles I have outlined in this blog post.

In conclusion, 2020 was an extremely rough year in which we will all remember, but I do not think we have gotten through free and clear. In fact, I see more choppiness ahead.

But as rational human beings we have choices. As we move into 2021, make the choice to make this a new year of less stress by securing your finances.

Building a passive income stream through affiliate marketing would be a great start.

To your passive income lifestyle,

Justin Ash, Founder/ Member

Digital Investor

Now It’s A Time For A Change To Creative Thinking

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In 1899 a man named Charles H. Baker built the first underground hydroelectric power plant just at the bottom of Snoqualmie Falls in Washington State.

Unemployed and ravaged by the Panic of 1893, Baker, an engineer for the Seattle Lake Shore and Eastern Railways, wanted to exploit the drop in elevation of the falls for the purpose of producing energy. During these very tough economic times he managed to build the first completely underground hydroelectric power plant in the world.

Harnessing the velocity of the elevation drop and water current to produce electricity!

Such a novel concept! Such a triumph against all odds!

I cannot help but notice the parallels between Baker’s thinking of the past, and the Digital Investor ethos of today because now It’s a time for a change to creative thinking.

Thinking creatively and thinking outside of the box has a history of repeated success, that is a fact.

PANIC OF 1893

During the 1870’s – 1880’s the United States had undergone a vast economic growth and expansion due to higher than normal commodity prices.

However, as with every economic boom there is always an economic bust. Thus, economic problems began to present themselves.

  • The Argentina wheat crop failure and coup in Buenos Aires abruptly ended any further investment in this market due to a crash in wheat prices.
  • Speculations in real estate collapsed in South Africa and Australia.
  • Uncertain about the future, European investors began a run on gold that was stored with the U.S. Treasury.

The result of the panic was shockingly unprecedented and would yield serious economic consequences.

  • Prices in the stock market declined.
  • 500 banks were permanently closed.
  • 15,000 businesses were shut down, never to open their doors again.
  • The unemployment rate hit as high as 43% in Michigan, 35% in New York, and 25% in Pennsylvania. 

The Panic of 1893 had caused a full-blown economic crisis within the United States of America and citizens had grown increasingly doubtful of any type of recovery.

CHANGE TO CREATIVE THINKING

During his employment years as an engineer, Charles H. Baker would routinely pass by Snoqualmie Falls. He imagined If there was a way to utilize the raw energy of the drop in elevation that the falls produced and he set out on a mission to expose it. 

When Baker lost his employment because of the Panic of 1893, he pitched the idea to his father, William T. Baker, to acquire the falls and surrounding lands.

now it's a time for a change

Although the project may have seemed to be cumbersome, it proved to be rather simple to a highly skilled engineer such as Charles H. Baker.

First, a cofferdam intake was built to seal off the left bank of the falls to be used to block the water intake. Heavy-duty steam-powered drills were used to bore a vertical shaft from the intake to the cavern. A horizontal tunnel was also constructed which met the vertical shaft at the cavern.

The water from this shafting system was fed into four large Pelton turbines with 1.5 MW Westinghouse generators. One single generator produced enough energy to power several city blocks.  

The generators were online and began to transmit power to both Tacoma and Seattle by July 31, 1899.

CURRENT USE

In 1903 the Seattle Electric acquired Snoqualmie Falls Power Company. That same year Charles H. Baker’s lost his stake in the deal when his father William died, and he experienced financial difficulties.

It was the end of the road for Charles H. Baker, but not the end of the road for his idea.

By 1957 a second plant had been fully operational and upgraded to include a penstock system which flowed to three additional Francis-turbine generators.

In 2013 the plant and surrounding land were both upgraded and renovated to produce 54 megawatts of energy and promote recreational tourism with the Snoqualmie-Baker area. The hydroelectric power plant now has the generating capacity to power approximately 35,000+ homes.

After several business consolidations, Seattle Electric Company became Puget Sound Energy which now has full control of plant and generates approximately 32% of their energy through various hydroelectric sources.

Hard to believe that the succession of such a project began with one man’s willingness to simply change his thinking.

ECONOMY TODAY

In March, President Trump was touting the “best economy ever” and “record-low unemployment” when it was hovering around 3.5%.  By April, the US has lost over 20.5 million jobs. The preceding 10 years jobs market had expanded by roughly 20.2 million jobs. 

More than a decade of job gains erased in the month of April.

Last Thursday the Department of Labor announced the latest U.S. initial jobless claims at a whopping 860,000 per week. Although new jobless claims are well below the March anomaly of 7,000,000 per week, they remain to be historically higher than the pre-pandemic levels of 200,000 per week.

On Friday the official unemployment rate stood at a whopping 8.4%. The US has not seen unemployment rates this high since The Great Depression in 1939.

Now, I understand, nobody could have forecasted a global pandemic of this proportion. And, it’s truly sad seeing the number of infected and deaths mounting around the world. In addition, many will be returning to work once the quarantine is lifted and stay-at-home orders are relinquished.

But, many will not. 

There are many businesses that are closing their doors permanently and I don’t think life will be returning to normal in the foreseeable future.  We are living during unprecedented times, in which, I genuinely believe that any scenario is possible.

TIME FOR A CHANGE

Just the same as Charles H. Baker changed in the past, now it’s a time for a change for many.

There are innovative ways for you to prepare yourself, regardless of any economic condition. And they make sense regardless of any type of outcome.

For example, building an online business is a safe bet regardless of any economic condition. And, it can be done with the use a quality laptop such as Lenovo ThinkPad P73, Apple MacBook Air, or Lenovo Chromebook Flex 11.

Through mastering the areas of education, finance, simulation, income, and travel you can turn innovative ideas into real-life examples, just like Charles H. Baker. The creation of a passive income lifestyle with an online business, destination location real estate, and the stock market combined with living a lifestyle of travel freedom is at your fingertips.

Change to creative thinking.

That is the Digital Investor ethos, and we look forward to connecting with you on this journey.

To your passive income lifestyle.

Justin Ash, Founder/ Member

Digital Investor

How to Create a Passive Income Lifestyle

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We are living during unprecedented times.

On the political front of global finance and economics radical measures are being taken daily. Central banks are injecting massive amounts of liquidity into the system. Balance sheets are ballooning out of control. Deficit spending is at an all-time high. Political turmoil continues to create confusion, and social unrest is unraveling at lightning speed.

The outbreak of the COVID-19 global pandemic has caused worldwide business shutdown. Employees are being fired, laid-off, and furloughed by the millions, while unemployment claims continue to grow exponentially by the week. Pensions and retirement accounts are woefully underfunded. Corporations and consumers have over-leveraged themselves because of low interest rate policies over the last decade. And, the sentiment of the consumerism ideology has waged a wildfire of unhappiness and discontent upon the psyche of the human race.

On the surface, it may not look bad, however, the world is changing dramatically right before our eyes. I would argue that the future looks all but bleak for those without the proper education, skill set, and geographical location.

American culture, led by politicians, corporations, and media, has programmed our brains to develop a certain status quo of societal norms. Although this life course may appeal to the masses for many purposes, I do not believe our God-given human experience was designed for this purpose.

This purpose has led me on a life-long journey to re-direct my truth, re-evaluate my core beliefs, and re-design my lifestyle that better suits the lifestyle freedom I choose to live.

I have re-programmed my brain to create a passive income lifestyle.

Human beings are all given the power of choice and the same amount of time. When we combine the power of choice and time, we can choose to walk a different path with amazing results. Without a doubt, now it’s a time for a change to creative thinking.

WHY DO YOU WANT TO CREATE A PASSIVE INCOME LIFESTYLE?

Imagine a lifestyle filled with freedom, content, and travel.

Lifestyle, in my opinion, is the true measure of wealth and happiness.

At www.mydigitalinvestor.com we provide quality content and education so that you can create a passive income lifestyle.

The purpose of www.mydigitalinvestor.com is to help create that type of lifestyle through focusing on 5 key areas:

  • Education
  • Finance
  • Simulation
  • Income
  • Travel

An open mindset will be required.

And, when you begin to achieve success as a result of www.mydigitalinvestor.com your life will be changed forever.

However, before you can achieve success towards a purposeful life, it’s important to have a “why” statement. I can tell you from experience if you interested only in the money, you are living an empty life.

Your “why” statement should come from a deeper place of purpose.

TAKE ACTION! Create your “why” statement. ”I will _________, so that I can _________.” Example: I will create passive income, so that I can have lifestyle freedom.

EDUCATION

Focus your time and energy on the right type of education.

There are two different types of education in the world. Academic education and financial education. It is important to understand the difference between the two types of education if you want to build a passive income lifestyle.

Academic education is what we learn in public schools, colleges, universities, etc. The curriculum designed around this type of education is highly theoretical in nature. This education molds us to go to school, get good grades, find a good job, have good credit, buy a good car, get financial advice, acquire a personal residence, etc. Essentially, we get stuck in the never-ending cycle of debt and work.

Financial education is taught outside the walls of academic education. This type of education is focused on building business, acquiring real estate, and investing in the stock market. This is the education that teaches us real-world skill sets that can be applied to achieve a passive income lifestyle.

In today’s virtual world this can all be done with a Lenovo Chromebook Flex 11 and an internet connection.

passive income lifestyle

At www.mydigitalinvestor.com we provide financial education that focuses on these key topics of building online business, acquiring real estate, investing in the stock market, speculating with cryptocurrency, and many other topics.

TAKE ACTION! Purchase and read Rick Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! the #1 personal finance book of all time.

FINANCE

Understand and take control of your finances.

Basic knowledge of your finances include setting up a charitable contribution plan, debt freedom, creating a savings, diversifying your savings, hedging risk with insurance, maintaining health with healthcare, investing for retirement, legacy planning, tax strategy, building personal/ corporate credit, forming strategic partnerships, structuring creative financing, and many more.

These are important aspects that must be mastered before we can experience the freedom of a passive income lifestyle.

Learn to translate the numbers by creating a budget where we can track and compare. This will serve as a key piece to pulling everything together and tracking our results.

TAKE ACTION! What would your charitable contribution plan look like if you had access to unlimited time and money? Who would you give to? How much money would you donate per month? How much time would you donate per month? Choose an organization and commit to donating a reasonable amount of money or time.

SIMULATION

Practice through real-world simulation.

According to the Cone of Learning, by Edgar Dale, we tend to remember 10% of what we read, 20% of what we hear, 30% of what we see, 50% of what we see and hear, 70% of what we say, and 90% of what we say and do.

Do you understand how to launch and operate a profitable online business? Can you create cash flow with real estate? Do you know the best time to enter and exit a position in the stock market?

An Apple MacBook Air can easily manage all of these ventures.

We develop a skill set more thoroughly and candidly by simulating the real experience by utilizing highly effective technology.

TAKE ACTION! Download and play CASHFLOW Classic the free online investing game that makes learning to invest fun.

INCOME

There are three different kinds of income: earned, investment, and passive.

Passive income is the best type of income. After the income stream is developed it requires a low amount of maintenance and time. In addition, passive income is taxed at the lowest income tax rates.

Generate multiple income streams, especially passive income.

Income comes from three basic sources: online business, real estate, and the stock market.

These sources can be used to generate income from any location in the world, especially passive income.

They are time-tested proven wealth building treasures-troves, and there are countless strategies we can employ in these areas to be profitable despite the direction of the market.

TAKE ACTION! Find an item within your household to sell. Take a photo, write a description, and post the add on www.letgo.com. Find a motivated buyer, negotiate the deal, and generate the income.

TRAVEL

Travel to any location in the world.

Travel is the best education. Meet interesting people of different cultures, witness breath-taking vistas in foreign lands, consume delicious foods of different recipe, and experience lifestyle from abroad.

Find global locations based on safety, affordability, lifestyle preference, ease of doing business, etc.

Learn to speak a foreign language.

Explore different visa, residency, and passport options.

This can all be done with the use of a Lenovo ThinkPad P73 and internet connection.

The world is big, and you have many options.

TAKE ACTION! If you are an American citizen apply for your U.S. passport as soon as possible.

If you have enjoyed reading this article pleas SUBSCRIBE to our blog HERE. We look forward to connecting with you in the future.

To your passive income lifestyle.

Justin Ash, Founder/ Member

Digital Investor

About Digital Investor

My name is Justin and I would like to welcome you to my website www.mydigitalinvestor.com I am a digital nomad entrepreneur who has traveled and lived abroad in 25+ countries all over the world. I am a firm believer in creating a passive income lifestyle. Lifestyle, in my opinion, is the true measure of happiness and wealth.

BACKGROUND

Digital nomads are tech-savvy entrepreneurs who make their money in the cloud through utilizing highly effective technologies.  More generally, they conduct their life while traveling nomadically. These types of entrepreneurs can work remotely from any location in the world.

A graduate from the University of Washington, I hold a Bachelor’s Degree in Economics, I am a non-practicing CPA, and I have been building online business, acquiring real estate, and investing in the stock market from a young age. The passion, knowledge, and experience of a digital nomad entrepreneur runs deep within my soul.

WHY

From a young age I was fortunate enough to have a supportive father that encouraged travel. I remember countless trips all over the US, Canada, and Mexico during my growing up years. My father loved to travel, and I’ve been blessed in many ways from his influence.

Throughout my trips abroad I have met the most interesting people, witnessed the most breath-taking vistas, and consumed the most delicious foods. Life is but a glimpse, and I believe that it should be lived as an adventure. The only problem is that I would need to generate enough passive income to permanently live this lifestyle.

The path to prosperity and freedom lies within the ability to think independently and create solutions that lie outside of the box.

I am a firm believer in thinking differently and challenging the status quo. The way I can challenge the status quo is through the adoption of a lifestyle dedicated to continuing financial education, practice through simulation, and real-world execution.

Thus, began the process of developing a system that allowed me to create passive income from anywhere in the world. Combined with a strong passion to educate, www.mydigitalinvestor.com was developed.

GOALS

www.mydigitalinvestor.com was developed for the purpose of education and collaboration with like-minded digital nomad entrepreneurs, investors, travelers, or any other individuals, I do not discriminate. I will provide content on this website that will serve as a guide to those who are also seeking lifestyle freedom.

At www.mydigitalinvestor.com we provide quality content and education so that you can create a passive income lifestyle.

An open mindset will be required.

However, when you begin to achieve success as a result of www.mydigitalinvestor.com, your life will be changed forever.

If you ever need a hand or have any questions, feel free to leave them below and I will be more than happy to help you out.

To your passive income lifestyle.

Justin Ash, Founder/ Member

Digital Investor

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