My goal is to retire in 1500 days at age 43. I am writing this on January 1, 2013, so if all goes according to plan, I'll sail off into the sunset of early retirement in February of 2017, just in time to celebrate my 15th wedding anniversary.The three parts you are about to read are my manifesto. Part 1 details how I arrived at this blog. Part II discusses the way you need … [Read more...] about The Awakening
Saving and Investing Money
Trailer Park #2: Mo’ Money, Mo’ Problems?
Our net worth now sits at $2,156,341:The money breaks down like this:$755,264: Real estate including one private loan, one trailer park and multiple syndication deals $866,077: Stocks and index funds $515,000: Home equity, cars and dinosaurs Mo' Money, Mo' Problems? We have enough money to never have to worry about money. We don't need any … [Read more...] about Trailer Park #2: Mo’ Money, Mo’ Problems?
How To Pay Zero Capital Gains
I have a problem and it is Facebook. No, I don't check it 500 times per day. The problem is that the stock is eating my portfolio:On The Hook With Facebook In May of 2012, I bought 1,000 shares of Facebook when it went public at about $41. And then it dropped, so I bought more. And then it continued to drop, so I continued to add to my position. When the dust had settled, I … [Read more...] about How To Pay Zero Capital Gains
My Death March to Financial Independence
My journey to financial independence hit rock-bottom in 2008:My wife was busy taking care of our 1-year-old baby. I was busy with a job that consumed more than 40 hours per week. We were flipping a home and I was doing much of the work myself. I spent at least 40 hours per week swinging a hammer, hanging doors, installing cabinets, fixing plumbing, installing trim … [Read more...] about My Death March to Financial Independence
My $17.89 Phone Bill on Ting
I'm obsessed with optimizing my spending. Who wants to waste money? Not me.Optimizing some expenses is so obvious and easy, I just assume everyone else is doing it. That's definitely the case with mobile phone plans. However, I'm consistently proven wrong. Readers tell me frequently that they're barely getting by. At the same time, they let me know that they spend $60 or … [Read more...] about My $17.89 Phone Bill on Ting