One bright, bone-dry day in 2009, I hiked 3,600 feet down to the bottom of the Colca Canyon in Peru. My wife and our Peruvian friend Lizeth were my hiking companions. For some reason, we also climbed back up that same day! By nightfall, I finally stumbled back into the village at 10,926 feet above [Continue Reading]
Archives for January 2018
From Corporate Career to Financial Independence in His 50s
In my Investor Profile Series, I use a question & answer format to share the stories of actual real estate investors at different stages of their investing careers. Today’s investor profile is about John from the blog ESIMoney.com. I’ve enjoyed his blog for a while, but I finally got to meet him at the FinCon blogging conference [Continue Reading]
My Rental Retirement Strategy (or How to Not Run Out of Money)
This article was inspired by a series of posts by fellow early retirement bloggers about how to live off your wealth during retirement (thanks, PoF and Fritz for getting it started). They called this a retirement drawdown or withdrawal strategy, which, by the way, could be very different than your strategy to build wealth. I [Continue Reading]
Hustle – The Entrepreneur’s Secret Superpower
“Every morning in Africa, a gazelle wakes up. It knows it must run faster than the fastest lion, or it will be killed. Every morning, a lion wakes up. It knows it must outrun the slowest gazelle, or it will starve to death. It doesn’t matter whether you’re a lion or gazelle. When the sun [Continue Reading]
How to Fund Mini-Retirements With a Little Rental Income
I LOVE mini-retirements. As many of you know, my family and I are on a 17-month mini-retirement in Ecuador as I write this. Mini-retirements, whether it’s a month or more than a year, allow you to reap the benefits of a traditional retirement lifestyle without waiting until the end of your life to enjoy it. So, [Continue Reading]