Unscripted: Life, Liberty, and the Pursuit of Entrepreneurship pdfdrive com

Your Dividend Paycheck per Quarter:
$32,775.25
Yearly Dividends:
$131,100.00

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ANNUALIZED TOTALS
Principal investment:
$9,964,910
Total dividends:
$499,525 per year
Portfolio yield:
5.01%
Monthly income:
$41,627 (average)
In this example, you receive (on average) about $41,000 a month. Sell some
covered calls on the positions and you could easily stretch that 5–6 percent,
receiving another $100K annually. Of course, your principal investment will be
subject to market fluctuations but, theoretically based on our coin-flip truth,
should remain within the $10M neighborhood.
Additionally, dividend stocks owned longer than four months receive
favorable tax treatment (Google qualified vs. ordinary dividends). So not only do
you get passive income for life, you get special tax treatment. Sounds almost too
good to be true, eh?!
Want to see how the investment income changes with a change in principal?
Simply divide the figures by the change in principal. With a $20M portfolio
(twice the principal) just multiply by two: instead of $40,000/month, you’d
receive $80,000/month and $1M per year. With a $1M portfolio, divide the
results by ten: instead of $40K per month, you’d live comfortably passive on
$4,000/month and nearly $50,000/year.
Now imagine for a moment how your life would look at ANY of these
income levels. Even at $50,000 year—with no house payment and no debt—how
would your life look and feel? Remember, this is monthly income without doing
anything other than peeking at the assets periodically to determine cataclysmic
or cyclical threats. How would you live on $40,000 a month? And even better,
what would you do with your free time, knowing bills were paid and you already
lived lavishly? Maybe write a book on how to do the same? Maybe expose the
scam-sham known as the 
SCRIPT
?
With a money system, money works for you 
through
time without your
attachment to it. And we aren’t exhausting our capital—we can do this for
decades, shuffling assets around here and there, and at the end of the day, your
principal is still there.
My friend, this dream exists.

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It’s out there.
I’m proof of it and I’m nobody special.
Refocus your grind into the right system as opposed to the wrong system and
it’s yours for the taking. I remind you: When I got started, there were plenty of
people in this world who worked far harder than I did. I simply channeled my
effort into a system where results could be unlimitedly leveraged versus limitedly
capped.
While in cash-accumulation mode, I did not change my investment style and invested
according to the capital-principle: I saved for income, not for growth.
Basic financial awareness is a required UNSCRIPTED skill, as important as sales and
communication. Apply the KAIZEN principle in these areas.

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CHAPTER 49
#UNSCRIPTED
I know the price of success: dedication, hard work and an
unremitting devotion to the things that you want to see happen.