Investment

It’s Okay to Ditch a Bad Investment
It’s Okay to Ditch a Bad Investment

It’s Okay to Ditch a Bad Investment

In the Financial Independence community, we have a dogged devotion to our investments. “Buy constantly and never sell,” and “you only lose money when you sell” are common refrains. When, then, is it acceptable to sell a bad investment? Should we hold onto investments which are objectively terrible, too?

Undercover: Than Merrill’s Fortune Builders
Undercover: Than Merrill’s Fortune Builders

Undercover: Than Merrill’s Fortune Builders

I walked into the large conference room and saw that it was completely empty aside from three lonely rows of chairs. Dave Matthews played on a loop as a timed slideshow flashed feel-good quotes on a projection screen. One of the slides listed the core values of Fortune Builders, the “education” wing of Than Merrill’s real estate empire.

Dave Ramsey’s Awful Advice
Dave Ramsey’s Awful Advice

Dave Ramsey’s Awful Advice

If you’ve been reading this blog, you know that I am not a fan of gurus. Gurus are usually people with an easily-understood message that appeals to the desperate and inexperienced. Unfortunately, more often than not, key parts of the advice they give is harmful to the financial well-being of their adherents. This is especially true of ultra-popular faith-based financial guru Dave Ramsey.

Get Rich With Patience
Get Rich With Patience

Get Rich With Patience

As I write this, the US markets have just closed down about 2.5% for the day, and about 9% down for the year so far. Though I have written on this topic before, it bears reiterating: Our successes or failures are born in times of adversity. Your future wealth is contingent on your ability to stay the course despite terrifying media proclamations that somehow, someway, this correction is worse than any of the countless corrections that have come before.

Isn’t Real Estate Too Much Work?
Isn’t Real Estate Too Much Work?

Isn’t Real Estate Too Much Work?

When I talk to friends who don’t own rentals, or even when I speak to those on their own path to financial independence, Real Estate Investment (REI) is always a contentious topic. For those with a bad landlording experience in the past, or for those who have never investigated REI, there are a few common questions.

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