financial freedom

282 Articles 5 Followers


The standoff at the river Ugra

7 Mar 2020 1 minute read 5 comments mgaft1

At the beginning of the 13th century, Genghis Khan united Mongols tribes, reformed the army and was able to conquer almost the entire Eurasian continent, including China, Persia, Turkey, Khorezm, entire Middle Asia and so on. Closer to the middle o...

The Gold Standard

27 Feb 2020 1 minute read 1 comment VKrum

A system of its own. A medium of international payment. A protector of the downtrodden.  The gold standard was first introduced in the United Kingdom in 1821 (some sources say 1717) followed by the US, Germany and France.  Unfortunately it was set as...

Retirement Should be Your Worst Case Scenario Insurance

18 Feb 2020 6 minute read 0 comments moneyredpill

What kind of quality of life is ‘work like a dog during your best years, so you can race to reach X-dollar retirement target, and hopefully not have to work when you’re old, tired, and sick’? Rather than slowly chipping away at a mountainous net...

Sweet Land of Liberty

7 Feb 2020 2 minute read 1 comment 3rd Dog Script crypto

Sweet Land of Liberty will we lose thee? According to the bible, after being released from bondage in Egypt, the Israelites wandered the desert for forty years, until they finally reached the area where they would permanently settle, known as the Pro...

Are Index Funds in a Bubble?

28 Jan 2020 3 minute read 2 comments moneyredpill

If you don’t know who Michael Burry is, you should. He’s the guy who, in 2007, recognized the egregious, unsustainable U.S. housing-market bubble and imminent collapse, and made one of the largest, most successful ‘short’ trades of our lifetime. Fo...

Rich Dad "Sleep" Test

25 Jan 2020 1 minute read 0 comments Nengi147

When wondering how much money to invest in something, ask yourself this question:        How much can I risk and still sleep well at night?   If the value of your investment started to decrease, would you likely panic and sell? Or can you afford to h...

3 second challenge

23 Jan 2020 1 minute read 2 comments Nengi147

I want you to take three seconds and think…   When is the last time you put something off that you dreamt about doing?   Maybe you want to write a book, hike a mountain, or start a side business and every time you think about doing it you get excited...

Cash Flow is not rocket science

4 Jan 2020 1 minute read 0 comments Nengi147

  It’s not rocket science…   Buy properties that you can rent for more money than their mortgage.   If you are buying hoping the property goes up in value you are placing your money at risk from a market crash.   When a crash does happen, it will be...

A simple way to build wealth

4 Jan 2020 1 minute read 0 comments Nengi147

.interest rates are lower than inflation.   I say this a lot. It always gets a big reaction because it’s a scary thought.   I do not save money as a wealth building strategy. I may keep it in the bank while I find an investment but I’m not saving it...

This failure led to a new way to invest in real estate

1 Jan 2020 1 minute read 2 comments Nengi147

Mike studied real estate. He took the courses. He spoke to investors…   He failed.   Real estate can be tough and no one knows this more than me.   It usually requires a lot of capital and there is a lot to learn about markets and jobs and identifyin...