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Business
Careful Giving Up Your Career To Be A Stay-At-Home Parent
In April 2017, I made a commitment to be a stay-at-home parent for the first five years of my son’s…
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Business
The Broke Mindset: Your Contrarian Advantage In Building Wealth
Since I purchased my house in October 2023, I’ve been feeling broke. I’m living paycheck to paycheck to cover my…
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Business
Consequences Of A Limited Partner Not Meeting A Capital Call
Last month, I missed a $25,000 capital call without even realizing it. The Managing Partner of the fund, a friend…
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Business
A $20 Million Net Worth Should Be Enough To Live Happy And Free
Needless to say, a $20 million net worth is a substantial amount of money. It firmly places you within the…
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Business
To Be A Great Athlete Is Prohibitively Expensive For Most
Like most people, I enjoyed watching the Olympics. Some of us might even imagine our children becoming elite athletes one…
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Business
Rental Property Maintenance With Your Kids Solves Two Problems
If you’re a real estate investor with children, you may face two significant challenges. The first challenge is holding onto…
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Business
Performance-Based Commission Rates By Top Real Estate Agents
With the real estate industry finally lowering commission rates after August 17, 2024, a battle is brewing among brokerages and…
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Business
Proof The Real Estate Industry Is Finally Lowering Commissions
I recently received an email from an agent at Sotheby’s, a prominent real estate brokerage with 1,115 offices located in…
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Business
The Minimum Investment Amount Where Work Becomes Optional
In a previous post, I discussed the futility of working when your net worth is declining. During a stock market…
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Business
The Pointlessness of Working When Your Net Worth Is Declining
The latest stock market correction cost me about five times what I made consulting part-time for four months. If I…
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