Tag: #philosophy
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Book Review: The Lifestyle Investor
I recently re-read The Lifestyle Investor by Justin Donald [1]. While a new version of the book came out n April, I read my copy of the original.
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Your retirement number changes based on your investment strategy
Imagine reaching the point in life where your investments generate enough income to cover your expenses, freeing you from the constraints of a traditional job.
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The benefit of separating accounts for financial goals
I was talking to a friend of mine about investing in cash flowing real estate a couple of weeks ago, and the conversation really made me think about things that I take for granted.
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Customer service lessons from the latest travel meltdown
Starting 7/19/24 and continuing through at least 7/25/24, there has been a major disruption in the airline industry as the result of a software update gone bad [1]. There are many lessons that will be (re-)learnt from this on the software engineering side, with some airlines recovering quickly and others struggling to get back to…
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Deep dive on our values: Community
MBC Real Estate Investing is built on 4 core values: abundance, freedom, community, and reliability [1]. I want to go a little deeper into what these values mean to us, so that you have a better idea of whether or not our views align with yours. I believe that understand someone’s values is important to…
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Deep dive on our values: Abundance
MBC Real Estate Investing is built on 4 core values: abundance, freedom, community, and reliability [1]. I want to go a little deeper into what these values mean to us, so that you have a better idea of whether or not our views align with yours. I believe that understand someone’s values is important to…
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Appreciation vs cash flow investing philosophies
There are at least two major investment philosophies. The first is to invest for appreciation the other is to invest for cash flow.
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What do you mean, “my home is not an asset”?
If you have ever read the classic Rich Dad, Poor Dad [1] you have seen Robert Kiyosaki assert that your home is not an asset but rather a liability (note: if you haven’t read this book, you should, it is a classic and helps establish the mindset required to become financially independent). This is one…