Path to Early Financial Independence
Last month, I mentioned that I might possibly start looking into turnkey rental properties in Texas. In particular, I was thinking about making a trip out to Dallas/Houston/Memphis to meet with some turnkey companies to learn more about [click to continue…]
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http://www.dilbert.com
Performance Reviews for 2013 are now DONE and in the books! At my company, it’s customary to spend a week on reviews where your boss will sit down with you for a nice 1-1 chat. I work in a pretty small group, so it’s [click to continue…]
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In order to reach early financial independence, you will either need a ton of cash, or enough passive income coming in each month to cover your expenses. If you weren’t fortunate enough to start your own thriving business, or join a start up [click to continue…]
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This is Year 3 on my journey to early financial independence. I officially started in January 2012, beginning that year earning exactly $0/month in passive income. I first conducted research on early FI in November 2011, and initially thought that the entire plan would take about 10 years from Inception to Finale. My original early retirement date from the cubicle life was slated for [click to continue…]
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On my current journey to early financial independence, a lot of people (skeptics) will mistakenly assume that the destination is the “end of the road”. That is, once you get there you will be bored out of your mind trying to figure out what to do with all that free time. In fact, it’ll be so uninteresting that it probably won’t be long before you start itching to go back to the corporate workplace…
I would argue that if a person is able to get to early FI well before the traditional retirement age of 65, that it’s only the beginning of a new (better) future. If you get there early enough, the sun will be [click to continue…]
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Purchasing a property with all cash is pretty straightforward. The buyer and seller agree to a purchase price and the buyer transfers the funds over. End of story.
Not very dramatic, right? Unfortunately, not many investors who are just starting out have deep enough pockets to be able to purchase a home outright. But if you have a good, stable job and have been [click to continue…]
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I complain a lot about working in a corporate environment (can you really blame me?), but I’m not opposed to working, per se. I actually really enjoy doing things and learning. You could even argue that I must REALLY enjoy working, [click to continue…]
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Investing in real estate is in vogue these days. Everyday, I come across more and more investors who are looking to get started in building up their own real estate [click to continue…]
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There’s more to life than just making money for the sake of having more money. There’s got to be a greater goal… a pursuit of something more noble. I want financial freedom… and I want to attain it [click to continue…]
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When I was in high school, I was a bum… Well, pretty much in their eyes (teachers, guidance counselors, peers, etc.), since I had a 2.0 GPA (C average), wasn’t enrolled in many AP classes, and cared more about lifting weights and spending time [click to continue…]
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