From $40K Debt to Financial Independence and 140+ Rentals in 7 Years

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  • Опубликовано: 25 окт 2024

Комментарии • 16

  • @donhug-q8k
    @donhug-q8k 10 часов назад +23

    I am 53 and retired at 50. 1 thing I did do to retire early was to get out of the 401K and IRA programs. Bought rental real-estate and I am now a Limited Partner in about 3500+ units. I do not work.

    • @ric-morris7763
      @ric-morris7763 10 часов назад +4

      Honestly, I just contribute enough (5%) to get the company match. That's where my 401K involvement ends! The system's rigged to keep us working till we're old, but hey, at least the government can't get their hands on it... yet!

    • @HurJon
      @HurJon 10 часов назад +2

      Did you completely liquidate your 401K and IRA accounts, withdrawing all the funds? If so, could you share the reasoning behind that decision? I'm curious to understand your thought process.

    • @donhug-q8k
      @donhug-q8k 10 часов назад +4

      I gained insights into govt. actions from Glen Howard Chester a certified wealth manager. He enlightened me on the benefits of long-term Treasuries and alternative investmnts, which the govt. doesn't publicly disclose. Recently, they've been investing in promising startups, bonds, digital currencies backed by tangible assets, and precious metals, while manipulating stock markt decisions influenced by Congress and driven by recurring events and consumer sentiment over the past five years.

    • @ric-morris7763
      @ric-morris7763 10 часов назад +3

      I agree the market is manipulated that’s why I never contribute above 5% I try to enjoy the ride while I invest.

    • @donhug-q8k
      @donhug-q8k 10 часов назад +5

      Glen Howard Chester is the licensed fiduciary I use. we've been working together for years and trust me ,he’s good. his credentials speak for themselves. He can appropriately create a personalized plan for you, properly allocate and keep you informed on available market opportunities. Just search the name & check if she meets your requirements, You’d find necessary details to work with to set up an appointment.

  • @blexaarron
    @blexaarron 3 дня назад +3

    SP 500 YTD: 23%
    Bitcoin YTD: 51%
    Numbers don’t lie and can’t stop time.

  • @slf5141
    @slf5141 2 дня назад +2

    Who needs 140 rentals ?

  • @joshuakrilov4042
    @joshuakrilov4042 3 дня назад +4

    Really fantastic story and loved this interview but really would have liked to have seen a push for more of an answer for how to replicate his journey in today's high interest environment. Just saying "be better" doesn't feel helpful.

  • @larisapodgorny9050
    @larisapodgorny9050 3 дня назад

    So encouraging. Thank you!

  • @robyn9617
    @robyn9617 2 дня назад +1

    Omg what are they doing to Mindy's face on the snapshot of this video?????

  • @DerekSpeedExposure
    @DerekSpeedExposure 3 дня назад

    Best interview yet nothing to something with a big risk

  • @jevonmartin2250
    @jevonmartin2250 3 дня назад

    I am currently investing while working as a nurse. I read Scott’s set for life it blew my mind 2 years ago, and it allowed me to see an opportunity. I was able to get a off market single family, live in flip, in New Jersey that we are rehabbing and house hacking once it’s done (not going to do the 5 year stay) but looking for the next deal.
    I call it a brrhh 😅 buy renovate rent House hack

  • @aprilvancleve9463
    @aprilvancleve9463 3 дня назад +1

    Watching this gave me a huge light bulb moment... Seems like everyone would already know this but the whole 'just figure it out' thing made me wonder for the first time 'so... I can't have it all figured out before going into this?' Analysis paralysis at its finest.

  • @IbrahimKone-ix4qi
    @IbrahimKone-ix4qi 3 дня назад

    !!I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks or Crypto will be appreciated..