I have recently become pretty obsessed with online real estate crowdfunding, so when Marcel reached out to me to share a post on the topic with the GYFG community, I immediately agreed. This is a very basic overview of this blossoming investment class, and be on the look out for a full run down of my investments with PeerStreet in the next couple of weeks. Real estate investing doesn’t find much favor amongst certain investors because of a few common perceptions. Perception 1: You need lots of capital to start – Some people think that real estate investing is a rich person’s game. You need money to get in. While I’d argue that you can start investing with little capital …
10 Guidelines to Financial Independence in 10-20 Years
Below is a guest post that I did for Mr. 1500 over at 1500days. I am excited to share that at the time, it was his most popular guest post he had ever shared with his community. It got picked up by RockStartFinance as well. Who wants to be a millionaire? Come on…don’t be shy…raise your hand. Mr. 1500…please put your hands down (yes, both of them). You’ve already been inducted into the coveted Double Comma Club more times than some people can count. And yes, we know…you get to put $55,000/year into your Solo 401K, and we’re all a little bit jealous (of your dinosaur collection?). At least I am. Look folks, reaching financial independence and building wealth is not that …
May 2017 – Detailed Financial Report #29 – Net Worth $558,202 | Income $23,452
GYFG here checking in for the May monthly financial report. If you have been reading these reports for a while you will notice that I introduce each month with the same intro month after month. I do this for two reasons; a) for the newbies to the site (which make up about 50% of the sites traffic); and b) to remind everyone what these reports are all about. By all means if you have read the intro at least once, then please feel free to skip down to the “Summary of May 2017” section where the new content begins. For those of you that are new around this corner of the internet, I wanted to fill you in as to what these …
Don’t Get So Consumed Building Wealth That You Forget To Build A Life
I was recently crafting an interview post for the great and magnificent Physician on Fire, when I was reminded of a core belief that I had lost sight of recently. It’s crucial that everyone in pursuit of Financial Freedom pause and reflect on the following: Don’t get so consumed building wealth that you forget to build a life. It’s so easy to get caught up in the pursuit of a better tomorrow that we forget to live in the present. None of us are even guaranteed a tomorrow. Life could be gone in an instant and that’s very sobering to realize. That doesn’t mean I want you to go out there and live as if you will die tomorrow, I’m …