Now that you know what retirement is (it’s the point in time that you’ve chosen to stop working because you need the money.), Let’s talk about what it’s going to be like. 5-year-olds know what they’re going to be when they grow up - 45-year-olds don’t. What happened? For crying out loud this is a
1- It’s a point in time. It’s not a state of being. ‘Retired’ sounds so negative - like chewed up and spit out or tired, but not just regular tired - it’s tired again. Retirement isn’t about saggy bits and pieces of pale flesh - there could be something exciting about it, like planning for
Ever been late to a gathering just to find out that you clearly missed the party? Nope, it wasn’t the Asti Spumante or the cheap cologne, you just got the timing wrong. A ‘property investment bull trap’ occurs when you’re too late to the party. You hear amazing things about the gains and experiences of
‘Never, it should go next to the house!’ - said some smart-ass in the corner. You know what I’m talking about right though- you own a home with a backyard that’s simply crying out for it - ‘gimme a pool!!!’ You potentially had one as a child and you had fond memories of having your
Possibly every first-time property investor has asked me this question. Understandably, if you’re making the call to buy an investment property, you’re comfortable with exceedingly large amounts of debt and taking a risk, for the promise of return down the line. If you’ve read the article on the MRTMAD method and tomorrow’s you, then you’ll
I really do pity the fool who hasn’t heard of the MRTMAD method. Here’s my dirty secret though: Just made it up. Mortgage Reduction Through More Accumulation of Debt - yip, that’s a thing now as I have an acronym. The typical mortgage comes out of the box on a 30 year loan term. You’ll
Brexit and Donald Trump have schooled me good this year – The mainstream media isn’t a good gauge of what the majority actually thinks. Often ‘the people’ may choose something that the status quo doesn’t really like – it’s like offering your 5 yr old the choice of doing anything they want for the day. Good
