The Online Investing AI Blog

One of the blogs I follow regularly is Upgrade Reality, a self-improvement site run by Dirk, better known as Diggy.

The Upgrade Reality blog features articles that are optimistic, but without all the fluff and B.S. That’s why I’m glad that Diggy has released an eBook that encapsulates his philosophy and delivers his advice in a convenient eBook form.

You can order Upgrade Reality here. (Not an affiliate link.)

Here are a couple reasons you should check out Diggy’s book.

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Pic by Jeff Belmonte @ Flickr

The Wealth Singularity is a point when the power of technology has become so massive that wealth and abundance becomes ubiquitous.

The theory is based on the works of leading futurists like Ray Kurzweil and Vernor Vinge, who believe that the exponential growth in computing power will lead to a Singularity. Technology, whether it’s the wheel or the personal computer, also leads to a leap in productivity and the ability to generate wealth.

That Singularity may be closer than you think.

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Goddard photo stream @ Flickr

Futurists speculate that a Singularity is coming. The Singularity is a time of technological supremacy.

Several authors have discussed the Singularity, or versions. People like Ray Kurzweil and Frank Tipler are among the advocates–almost apostles–of this event. It’s also the subject of numerous Sci-Fi books and movies.

Those who believe the Singularity will be beneficial say that we can expect to live longer and become richer. Once technology reaches a certain stage, the age of scarcity will give way to the age of abundance.

We’ve dubbed this, the Wealth Singularity. There are different estimates of when this will happen, but it may be only a few decades away. Whenever it happens, the truth is you can already enjoy some of the benefits of the Wealth Singularity and you can start to prepare for it now.

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cliff1066 @ Flickr

The important point about the Wealth Singularity–a point in time when abundance will become ubiquitous–is that elements of this revolution are already among us. The Wealth Singularity is in the embryonic stage.

Like other ages of technological revolution the tools have been created and the infrastructure is in place. The only thing that remains is for human imagination and ingenuity to catch up.

This has already begun. Pioneers have stepped forward who are mastering these tools and are already creating wealth in ways that were once unimaginable. These pioneering wealth creators are making money in unlikely places–blogging, affiliate sales, product and digital product creation, inventing and investing, to name a few.

Here are a few case briefs.

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Most people are aware of how fast technology is changing. Just Facebook and Twitter have revolutionized the Internet landscape in the last year. And, they have revolutionized how we connect with each other. Not just how we connect online, but how we connect in life! These two examples of technology make it super easy to connect to millions of people instantly, and for free. That’s pretty amazing.

Here is the traffic graph for Facebook from Alexa:

Facebook and Twitter make email look prehistoric. And, in Internet time, email is prehistoric. If most people started using email in 1995, when the Internet exploded, that is nearly 15 years ago. That makes it ancient history. These sites have reinvented the way we connect, but accelerating technology has not had such a powerful effect on every aspect of our lives.

Which Area of of Lives has Technology yet to Revolutionize?

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Cloud Living

We believe that there’s a difference between being rich and being wealthy.

Getting rich is easy.

You can rob a bank and, technically, be rich. You’ll also spend the rest of your life watching your back while you’re on the run or really watching your back–in so many senses of the phrase–in jail.

You could create a money scam, like Bernie Madoff, and be “rich.” But, either karma will catch up to you, or the SEC. (The SEC just takes longer and has more lawyers.)

Becoming rich isn’t the goal; becoming wealthy. You want to make enough money to provide for the things you care for and the people you care about. A wealthy person is free–free from the drudgery of work he or she doesn’t care for, but especially free from guilt.

That’s why we are happy to become affiliate partners with Glen Allsopp, who has a terrific blog called Plugin ID and an exceptional wealth-building program called “Cloud Living.”

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Yesterday, we talked about how inventors can create products that spin off residual income through royalties,  regular percentages of sales.

But, you say, not everyone is a new widget creator or gadget maker. True.

There are other ways for you to unleash residual income through royalties. You might want to create and sell information products. An eBook is one example.

A rather new form of book-selling, the eBook is usually offered in pdf form. Most think that offering digital products to readers is an insignificant royalty stream. You won’t make the New York Times bestseller list, right? You might not make the bestseller list, according to books like the 4-Hour Work Week and Career Renegade, writing electronic books or producing electronic products can deliver a regular stream of residual income.

Jonathan Fields, who wrote Career Renegade, points out several successful projects that created residual income for their authors in his book. Leo Babauta’s Zen Habits sold thousands of copies and, with no publisher and agent to divide up its earnings, each sale was pretty much all profit.

So, what do you need to know about creating residual income with information products?

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Business Strategy, Great Books, Online Investing AI ebook, financial freedom, Money, residual income, wealth

Times don’t define the people; the people define the times.

That’s the theory of Online Investing AI’s latest report, Don’t Just Survive! How To Thrive During Tough Economic Times.

The free report details the root causes of bad economies and explains how so-called “troubled economic times” can actually be great opportunities for astute business people and investors.

As Warren Buffet would say: “Be fearful when others are greedy and greedy when others are fearful.”

Don’t Just Survive! also reveals the power of financial independence and the fiscal mistakes you make by relying on government and financial entities for your economic well-being.

Some other tips:

• All education is self-education. How to learn from the best in this info-rich world.
• Make money in any market. Tools exists at all times, in all market conditions, that can lead to financial success.
• Technology: the great optimizer. New technologies and innovations can produce unlimited success.
• Automatic Money. Autotrading your way to success.
• Saved! Avoid wasting money
• Work can be a four-letter curse. Re-vision your career and work life.

By developing tools and information to create financially-astute, optimistic investors, consumers, and taxpayers, we believe that it won’t be just our clients and partners that will benefit; we believe our society will become stronger, smarter, and more prosperous.

Don’t Just Survive! How To Thrive During Tough Economic Times is available on this blog and at the Online Investing AI site.

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