I’ve been tracking our spending for a bit now. Recently, I totaled up everything for 2017 and was surprised at the results. And if you tallied up your spending, you would be similarly surprised – which is why you should do it.
But, enough talk! Let’s see how we did in May of 2018. Continue reading “May 2018 Spending”
My brain is small. Super small. I can only handle a little bit of information at a time. Fortunately, if I am able to focus on just one thing, I manage to Continue reading “Focus on the Big Stuff”
I think it was the ChooseFi podcast where a guest made the following comment:
Math that shit up.
Continue reading “Math that Shit Up”
I just read [amazon_textlink asin=’145360121X’ text=’Early Retirement Extreme’ template=’ProductLink’ store=’jonluskin-20′ marketplace=’US’ link_id=’cdbb5bdb-70a6-11e8-8733-7fcf6011c191′] by Jacob Fisker. It wasn’t bad. Here are a few thoughts on Continue reading “Early Retirement Extreme by Jacob Fisker”
According to the 2% rule
(for the rent-to-cost ratio
), the cap rate of a property (assuming expenses are 50% of gross rent), should be 12%. I think that makes sense. And it makes me understand why the 2% rule is the 2% rule. As in, you should be getting a 12% cap rate
. This point is so important, it bears repeating:
Continue reading “Cap Rate and the 2% Rule”
There’s lots of talk in the FIRE community about the 4% rule. I think that’s rather aggressive. So, I’d like to look at some more conservative figures, such as Continue reading “1, 2, 3, & 4%”
This is my second update to this post – for the simple reason that tracking expenses accurately amidst countless accounts (read: credit cards) can result in some errors.
Continue reading “2017 Spending v 3.0”