Comments on: “You might get a kick out of our recent financial journey” https://eliteedgemoney.com/you-might-get-a-kick-out-of-our-recent-financial-journey/ Money | Minimalism | Mohawks Tue, 08 May 2018 10:38:02 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: J. Money https://eliteedgemoney.com/you-might-get-a-kick-out-of-our-recent-financial-journey/#comment-267773 Tue, 08 May 2018 10:38:02 +0000 https://staging.eliteedgemoney.com/?p=55493#comment-267773 In reply to Nate H.

Life is good, brother! Thanks for always being so open with this stuff. We need more people talking about finances in real life :)

]]> By: Nate H https://eliteedgemoney.com/you-might-get-a-kick-out-of-our-recent-financial-journey/#comment-267770 Tue, 08 May 2018 01:53:16 +0000 https://staging.eliteedgemoney.com/?p=55493#comment-267770 Update from the author:

We sold our rental property last week and walked away with ~$60,000 in proceeds after the mortgage was paid. So, our sole remaining debt is a student loan for ~$42,000! No personal lines of credit, no credit cards, and no car loans remain!

Woohoo!!! I know that I’m blowing my cover, but I’m an open book!

Baby boy #2 should be here anytime in the next few days to few weeks!

]]> By: Rose https://eliteedgemoney.com/you-might-get-a-kick-out-of-our-recent-financial-journey/#comment-266172 Wed, 28 Mar 2018 04:45:55 +0000 https://staging.eliteedgemoney.com/?p=55493#comment-266172 In reply to ChuckinCO.

I was shocked to see those debt interest rates too! I’d be hard pressed to find any investments earning more than that interest rate, and if I was losing money on my investments vs debt Id cash it out in a quick hurry! They could be non liquid of course though.

]]> By: J. Money https://eliteedgemoney.com/you-might-get-a-kick-out-of-our-recent-financial-journey/#comment-266077 Mon, 26 Mar 2018 11:22:02 +0000 https://staging.eliteedgemoney.com/?p=55493#comment-266077 In reply to Chelsea.

that does make me feel better, yes :)

]]> By: J. Money https://eliteedgemoney.com/you-might-get-a-kick-out-of-our-recent-financial-journey/#comment-266071 Mon, 26 Mar 2018 10:12:33 +0000 https://staging.eliteedgemoney.com/?p=55493#comment-266071 In reply to Troy @ Bull Markets.

Just read your bio on your site – sounds like it! Welcome to the land of peace now though it seems, at least career-wise :)

]]> By: Troy @ Bull Markets https://eliteedgemoney.com/you-might-get-a-kick-out-of-our-recent-financial-journey/#comment-266060 Sat, 24 Mar 2018 23:48:53 +0000 https://staging.eliteedgemoney.com/?p=55493#comment-266060 Hey, you know what Steve Jobs says: you can only connect the dots looking backwards.
My life story has been nothing short of ordinary either. It’s been a long and tiring journey, but certainly worth it so far.

]]> By: Kris https://eliteedgemoney.com/you-might-get-a-kick-out-of-our-recent-financial-journey/#comment-266055 Fri, 23 Mar 2018 18:56:09 +0000 https://staging.eliteedgemoney.com/?p=55493#comment-266055 I used to play online texas hold’em poker when it was really popular in the late 2000s. It was mainly for fun and didn’t really make a lot of money out of it.
Thanks for sharing your story and providing us your numbers.

]]> By: lisa https://eliteedgemoney.com/you-might-get-a-kick-out-of-our-recent-financial-journey/#comment-266011 Fri, 23 Mar 2018 04:28:23 +0000 https://staging.eliteedgemoney.com/?p=55493#comment-266011 Chelsea- my eyes are bugging as well….
Accidental Home Birth- So glad you got through that without major hiccups! Makes a great conversation starter…….I do have to say that your financial journey made me need to take a moment of silence…. And just send happy thoughts and good wishes your way. I hope the house sells, the new baby is healthy, the business grows and that 2018 is better than you expected.

]]> By: J. Money https://eliteedgemoney.com/you-might-get-a-kick-out-of-our-recent-financial-journey/#comment-266001 Thu, 22 Mar 2018 10:14:10 +0000 https://staging.eliteedgemoney.com/?p=55493#comment-266001 In reply to SoberFinance.

Haha yeah – people like to beat themselves up on that (“if only I invested in XyZ!”) but the odds of them staying in for the long haul are so small that they would have just beaten themselves up more even if they *did* invest (“if only I waiting 5 more years to cash out!!”) :) This is partly why I just stick to my index funds so I can be invested in all of it long term and not tempted to do any more timing of the markets… I’m too old for that now, haha…

]]> By: SoberFinance https://eliteedgemoney.com/you-might-get-a-kick-out-of-our-recent-financial-journey/#comment-265996 Wed, 21 Mar 2018 23:09:44 +0000 https://staging.eliteedgemoney.com/?p=55493#comment-265996 Great article — the LWR is an interesting concept, although heavily skewed by investments and time in the market. Gotta love those folks who bought what they knew in the ’90s and invested in, for example, the Starbucks IPO. The returns from something like that are really mind boggling — $10,000 turning into $1.9 million if you never touched it (a big if!!)

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