In this episode: the 2.5 million dollar inversion, looking at the incentives, interest rates, your biggest asset, and potshots.
When you begin your FI journey, you may feel like you must follow a certain path or plan in order to achieve your desired outcome. However, the longer you are this journey the more you realize that it is a personal one that requires adaptability when so many factors can affect your bottom line. This week we are back with Scott Trench from BiggerPockets as he shares his insights on investing and looking at your portfolio from an “outset” perspective, as well as touch on the shape of the real estate market. It is important to remember that there is a lot of push and pull on this journey, and it is not meant to be perfect. While you may have expectations for your portfolio and your long term plans, there will be times where you will have to make tradeoffs. Just as the markets change and may signal uncertainties to come, remember that flexibility while maintaining your long term goals will allow you to feel more equipped to move through these times.
Scott Trench:
Timestamps:
Resources Mentioned In Today’s Episode:
More Helpful Links and Resources:
434 | The Transtheoretical Model of Change | Roundup with Ginger
433 | Outside 365
432 | The Skill of Spending | Mr. Money Mustache
431 | Evolution of FI | Mad Fientist
430 | Mindset, Financial Independence, and Real Estate | The FI Couple
429 | FI Frugal Hobbies | Chris Terrell
428 | Fees, Frugality, and 401K Fears
427 | Drawdown Strategies: Karsten vs. Fritz
425 | Turning the Tables on Brad
424 | The Power of FI | Deanna
423 | What Are You Optimizing For? | Chris Hutchins
422 | Lessons From a Young Entrepreneur
421 | Secure Act 2.0 Deep Dive | Sean Mullaney
420 | Mindful FIRE | Adam Coelho
419 | Your Bold Move for 2023 | Dominick Quartuccio
418 | Investing Lessons Learned in 2022 | Brian Feroldi
417 | Year End Wins 2022
416 | Learning to Leave | Diania Merriam
415 | Four Thousand Weeks | ChooseFI Book Club
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