Praveen AnurajTL;DR – Investing $1 a day is the simplest solution to give our children an early start with compounding. This morning I woke up to yet another awesome letter “The Power of Compounding” from Bob Seawright. The essence of compounding is starting early and not interrupting it unnecessarily. As I was reading Bob’s letter, I […]
Every other month one or the other of my friends discuss “Is Overpaying mortgage payment worth it?” Three common benefits cited in favor of overpaying on mortgage payments are You will save a ton on interest You can reduce the mortgage term You can gain equity faster On the other side of the fence, people […]
Two friends started their careers at the same time in a consulting company. Both had about the same income over the years. After 10 years, one has $250,000 in 401K and the other has $0. Don’t be the second guy. Invest in 401K. Of course the guy with $0 is me. Me and my friend […]
A 20% cash on cash annual return on a rental property? My eyes popped out when I saw the tweet from @marshal. That is too good to be true. Can it be true? I realized I know nothing about real estate investing. Particularly rental property investing. So I started researching. Rental Property Overview According to […]