There are many ways to diversify one’s financial portfolio in order to generate residual income. Let us consider AAPL stock’s price when the IPHONE 6 was released. I remember comparing their stock price, this time last year and it has increased dramatically. When we initially released our newsletter Financial Planning, their stock price was roughly between $104.00 and $105.00. Today, their stock price has risen to roughly $115.00 within a few months.

We have provided additional terminology to help one continue to create one’s financial portfolio.



Mutual Fund is an investment made up of a pool of funds collected from many investors for the purposes of investing insecurities, bonds, stocks and money markets.


Certificate of Deposit is a time deposit that has a fixed term and is held until maturity. When the certificate of deposit has matured, it can be withdrawn together with the accrued interest.


Bond is an instrument of indebtedness. It is a debt security in which the issuer owes the holder a debt and depending upon the term of bond, one is obligated to either pay interest and or the principle at a later date.


Stock a security that signifies ownership in a corporation and represents a claim on part of the corporation’s assets and earnings.There are two main types of stock: common and preferred.