REI_Freedom

🇳🇬19| Debt Free•Investing Nerd•Financial Independence• I do not give financial advice, only my opinion

[REI_Freedom @FreedomBuyer]

@DecadeInvestor I think stock and real estate investing should be required in high school curriculum...like a personal finance class or some sort

[REI_Freedom @FreedomBuyer]

@DecadeInvestor I’m 19 doing things many 19 year olds aren’t doing so I can do things many 25 years old can’t do

[REI_Freedom @FreedomBuyer]

@ramit How come you don’t recommend real estate investing? Especially for young people house hacking a MF unit that eliminates their living expensive or even turns into a another source of income would help them diversify their net worth and get to their Rich Lives faster

[REI_Freedom @FreedomBuyer]

@HeroDividend I find turnkey rental providers to be a bit more lucrative and a better option than dividend stocks. Prefer index funds more for my stock investing

[REI_Freedom @FreedomBuyer]

@NitiSarran You are killing it, doing well by all standards. Congratulations!

[REI_Freedom @FreedomBuyer]

@TheWealthBeyond Nah I use to play classical and perform a bit, but now I just like to play what sounds nice from movies and shows and stuff

[REI_Freedom @FreedomBuyer]

@TheWealthBeyond I play piano

[REI_Freedom @FreedomBuyer]

@OttermoInvest Long Distance Real Estate Investing by David Greene

[REI_Freedom @FreedomBuyer]

@AlbaumMichael A 1% fee is ridiculously high. Those fees compound over time and can steal a huge percentage of your future gains. I

[REI_Freedom @FreedomBuyer]

@DecadeInvestor I love Ramit Sethi’s book

[REI_Freedom @FreedomBuyer]

@DivCultivator They recapture depreciation once you sell the property for more than you bought it for right? So do you pay capital gains tax and payback depreciation? Is it capped at 25%? Do you know how that works?

[REI_Freedom @FreedomBuyer]

@wealth_thinker Do you rebalance at all or own any target date funds that auto rebalance?

[REI_Freedom @FreedomBuyer]

@pineStJournal @RodG97 I think I’m not seeing something you are seeing if my average annual return is 8%, I’m taking 3%, the value of my money loses 2% to inflation. I’m still left with 3% that is continuous growing my portfolio allowing me to comfortable live off of that initial 3% forever

[REI_Freedom @FreedomBuyer]

@RodG97 And your options open up you can be a debt lender and charge over 12%, be apart of large syndications, you can buy a property that makes you over 60k in pure cash flow and outsource everything, you can do a lot to make that million grow even faster

[REI_Freedom @FreedomBuyer]

@TheHustlersHold Unrealized gains of a million dollars in assets

[REI_Freedom @FreedomBuyer]

@saxena_puru @skaushi Really like this company one of my better investing decisions

[REI_Freedom @FreedomBuyer]

@JumpInRE $5000 for life

[REI_Freedom @FreedomBuyer]

@wealth_thinker Yeah, can’t connect my 401k or one of my other investing accounts