The First Year Phenomena
The First Year Phenomena We all have heard of the one more year syndrome. Financially independent individuals with adequate net worth somehow convince themselves to continue in the day-to-day drudgery of their W2 employ....
Tagged: Financial Independence
Why Real Estate Crowdfunding May Fit Your Portfolio
Why Real Estate Crowdfunding May Fit Your Portfolio (Todays guest post if from Soren Godbersen a sponsor of Diversefi.com.) Real estate crowdfunding has been around since the JOBS Act of 2012, but the...
The Quickest Path To Wealth
The Quickest Path Dear readers, I’ve been holding out on you. I have the secret. The secret to building wealth. Those of us with high net worth have been banking on it for years....
Loss Aversion and the Fallacy of Enough
The Fallacy of Enough I have previously written about why I think we are kidding ourselves with the concept of the safe withdrawal rate. In review, the SWR is the percentage of your portfolio you...
Good Decision/Bad Decision: Buying a Tesla
Good Decision/Bad Decision Today’s subject will hopefully be part of a regular series of Monday posts. As you recall, I recently started Gratitude Wednesdays. This series will focus on my past decisions to shed...
Rich Dad Frugal Dad
Frugal Role Models I am not a big fan of Robert Kiyosaki. I find his teachings too simplistic and overly vague. There is just so little substance and actual hands-on information in his writing....
Front-Load The Sacrifice
Front-Load The Sacrifice Yesterday’s post was all about sacrifice. Getting to financial independence requires hard work, planning, and missed opportunities. This is part of the process. While some have found a way to climb...
The Cost of Financial Independence
The Cost of Financial Independence It is easy to look at someone’s net worth and ooh and ahh. The response from my monthly income reports is fairly telling. People see the numbers and wonder...
Lessons Learned From Reading Personal Finance Blogs
Lessons Learned From Reading Personal Finance Blogs As I have mentioned in my origin story, by the time I started reading personal finance blogs, I was already a millionaire. Already financially independent. comfortably so....
Side Hustle Profile: Landlording
Side Hustle Profile I have spent a good part of my career investing time and energy towards side hustles. I generally categorize them into two distinct types of ventures. The lazy side hustle involves...
