Financial Freedom

hmmm...interesting topic for almost all of us..and this thought always keeps on lingering at back of my mind...
how can we achieve this...
1) buffetway : invest in companies which pay regular dividends and the amount of dividend keep on increasing
2)obert kiyosaki's way : invest in assets including equity which can give passive income at regular intervals..

both ways talk abt establishing channels of passive income (income generated for you without your effort) and hence you can be free to live the life you want and do things you like to do

being an employed individual, how can I achieve this goal?

by investing in equities which give good dividends ,identifying a min 1000 yards of land in an area which can see huge growth in next 5-6 years and build a residential/commercial property which can be let out and generate you the passive income you need.
onc eyour passive income surpasses your monthly salary or support your life style for near future you are financially free

how good that life will be...hmm depends on your interests and teh company you have in pursuing those interests..
my wish is to have a home built on a min 1500 sq.yd plot with garden and space for all in the family...

the equities(which give regular dividends) i have identified are
castrol india limited
sakthi paper mills
IKF Finance
Indiabulls securities
along with growth stocks Yes Bank,Confidence petrolium

hope these things help me in achieving the goal

its been a long time...

hmmm very long time..almost 1 month and could not spend time on the blogs as i was not having internet access regularly ..yeah thats right..i live in Hyd but still its a problem with internet connection..

what was i doin all these days...
started playing tennis regularly..and its really great fun ..i enjoy the game very much...
happened to got my hands on the book 'Unlimited Power' by Anthony Robbins..and iam happy that i have got this... really a great book which desects each of the actions/reactions on what are the reasons why any one acts like he acted.
this book also gives the steps to change our behavior,reaction to a particular event ,and come out of the limitations of us and achieve higher .