Comments on: How I Stopped Sabotaging My Own Financial Independence [Part Deux] https://eliteedgemoney.com/how-i-stopped-sabotaging-my-own-financial-independence-part-deux/ Money | Minimalism | Mohawks Sun, 28 Aug 2022 01:11:35 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Jim https://eliteedgemoney.com/how-i-stopped-sabotaging-my-own-financial-independence-part-deux/#comment-392954 Sun, 28 Aug 2022 01:11:35 +0000 https://eliteedgemoney.com/?p=66209#comment-392954 Great job Monica, I lost my father in 2019, and like you the last 3-5 years prior our relationship improved. It was hard to let him go, but knowing we parted on good terms was fantastic. You have a great success story!

]]> By: Monica https://eliteedgemoney.com/how-i-stopped-sabotaging-my-own-financial-independence-part-deux/#comment-391805 Fri, 19 Aug 2022 11:34:43 +0000 https://eliteedgemoney.com/?p=66209#comment-391805 Tilak, I’m glad you have a sense of humor about it all and more importantly learned many lessons from it. It’s a wonderful thing to keep perspective and learn the lessons taught by our own mistakes. What is life without a grand adventure?

]]> By: Monica https://eliteedgemoney.com/how-i-stopped-sabotaging-my-own-financial-independence-part-deux/#comment-391804 Fri, 19 Aug 2022 11:28:06 +0000 https://eliteedgemoney.com/?p=66209#comment-391804 In reply to James Hendrickson.

It’s true rentals have been very good for me. But it’s not for everyone. The biggest take away is to make sure you have multiple streams of passive income. That way if one drops you are covered by the others.

]]> By: Tilak https://eliteedgemoney.com/how-i-stopped-sabotaging-my-own-financial-independence-part-deux/#comment-391802 Fri, 19 Aug 2022 10:59:21 +0000 https://eliteedgemoney.com/?p=66209#comment-391802 My story is that i flushed my money in stock market with Option buying , this was beginning of my exposure to stock market . I look back find it funny, now I am extra careful when i trade or invest with several rules that i follow religiously.

]]> By: Monica https://eliteedgemoney.com/how-i-stopped-sabotaging-my-own-financial-independence-part-deux/#comment-391757 Thu, 18 Aug 2022 20:05:02 +0000 https://eliteedgemoney.com/?p=66209#comment-391757 In reply to Financial Fives.

Thank you for commenting and the well wishes! Congratulations to you on your book!! It is a wild ride and surreal … and humbling.

]]> By: Financial Fives https://eliteedgemoney.com/how-i-stopped-sabotaging-my-own-financial-independence-part-deux/#comment-391750 Thu, 18 Aug 2022 18:40:43 +0000 https://eliteedgemoney.com/?p=66209#comment-391750 I can see Rock’s point, especially when a large amount of homes in your neighborhood are rentals. It just isn’t the same community, and can be predatory and greedy when people buy more for the sake of buying more, when they don’t need the money.

However, like Monica said landlords come in various forms, and they are also giving a place to live to a family. Hopefully the tenants are taking pride in the home and integrating into the community!

Good job on your journey Monica! I self-published a book almost 2 years ago, it’s a wild journey but wonderful accomplishment. Congrats on your book!

]]> By: James Hendrickson https://eliteedgemoney.com/how-i-stopped-sabotaging-my-own-financial-independence-part-deux/#comment-391748 Thu, 18 Aug 2022 18:21:07 +0000 https://eliteedgemoney.com/?p=66209#comment-391748 Lesson here – buy rentals, lots and lots of rentals.

]]> By: Monica https://eliteedgemoney.com/how-i-stopped-sabotaging-my-own-financial-independence-part-deux/#comment-391718 Thu, 18 Aug 2022 15:19:19 +0000 https://eliteedgemoney.com/?p=66209#comment-391718 wow! You have had quite a negative experience. I can see why you would be so bitter. The couple on your street has chosen to run their business one way but it
does not mean it’s the only way. Landlords come in as many versions as renters. Good luck to you and congratulations on owning your home outright… not everyone can claim that win!

]]> By: Rock https://eliteedgemoney.com/how-i-stopped-sabotaging-my-own-financial-independence-part-deux/#comment-391701 Thu, 18 Aug 2022 14:05:44 +0000 https://eliteedgemoney.com/?p=66209#comment-391701 I find rental properties to be the most predatory and unethical investment out there.

There’s a couple on my street who literally own about 6 of the houses. So guess what, it means noone can buy a house here, landlords are hogging all the buildings, increasing demand because there’s less availability, pumping prices, people can’t afford to buy a house, renting getting more expensive for the same reason.

I’m happy I own my paid off house but would never be part of that shit.

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