Path to Early Financial Independence
Wow! A whirlwind of activities has transpired in the last 24 hours; I almost had to pinch myself this morning to actually believe everything that’s been going on…
As readers may know, lately, I’ve been attending some [click to continue…]
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2014 is more than half way over, so I thought now would be a fitting time to update readers on all the progress made so far this year. We are now in Year 3 of the journey to early FI, and it’s time to reflect back [click to continue…]
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There’s an old saying — “A rising tide lifts all boats.” In an upmarket (like the one we are currently experiencing right now), almost every single investor looks like a genius. You can literally put your money into any real estate purchase, and your investment will keep on going up!
Who knew flipping could be so easy? Just buy, hold… don’t fix a thing, and you can easily sell it back to the marketplace a [click to continue…]
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A few months ago, I was eating lunch with a coworker, and he was telling me about his upcoming European honeymoon. I asked him how much he thought the trip would cost, and he replied:
“I think with just flight and hotels, it will cost me $10,000 for two people.”
My jaw dropped…..
I asked him: “If it was possible to do it for less than $1,000, would you be interested?”
His eyes widened.
And so it began, and the next few lunches were spent talking about the tricks and secrets to Travel Hacking.
Needless to say, he was hooked! [click to continue…]
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The Easiest, Quickest, and Cheapest method to collecting millions of miles/points is to simply apply for credit cards! This is by far the most lucrative method available today, and there really isn’t anything else that comes close. For example, in the past five years, I’ve opened/closed at least 50 credit cards, and accumulated over 3 million miles/points. Yes, that’s correct, it’s possible to accumulate a balance in the Millions! [click to continue…]
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As readers may be aware, a few month’s ago, I was seriously entertaining the thought of selling Rental Property #1 so that I could capitalize on the massive appreciation gains (purchase price: $315,000; current market value: ~$470,000). My initial plan was to do a 1031 exchange, and utilize the proceeds to purchase some more out-of-state rentals.
One of the strategies behind the 1031 would have been to trade [click to continue…]
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It’s that time of the month again, another cash flow statement! This year is half way over, and I’m getting that much closer to declaring early FI. What I really need to focus on at this point is to keep on building up the cash reserves (for emergencies). As long as the rentals keep on performing, I will be allowed that luxury. How did I do [click to continue…]
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The following is the last article of a five part series covering points earned for Starwood Preferred Guest (SPG) hotels. The following was written by my brother, an avid travel hacker who has qualified for Platinum Elite Status in the SPG program.
FI Fighter has asked me to share some of my Travel Hacking tips for hotels! I have extensive experience [click to continue…]
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The following is the fourth article of a five part series covering points earned for Starwood Preferred Guest (SPG) hotels. The following was written by my brother, an avid travel hacker who has qualified for Platinum Elite Status in the SPG program.
FI Fighter has asked me to share some of my Travel Hacking tips for hotels! I have extensive experience [click to continue…]
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The following is the third article of a five part series covering points earned for Starwood Preferred Guest (SPG) hotels. The following was written by my brother, an avid travel hacker who has qualified for Platinum Elite Status in the SPG program.
FI Fighter has asked me to share some of my Travel Hacking tips for hotels! I have extensive experience [click to continue…]
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