As usual, one of my favorite investment gurus has come out with another great article. This one assumes you are 42 years old (well, I USED to be many moons ago) and with some savings of $200,000. Of course, if you are living in Hawaii, most of your money goes to paying your monthly mortgage payments, but you might be able to swing some money out from a HELOC to make his strategy work.
Makes me really wish I was 42 again, and with the discipline to have that much saved up. Makes me also wish I had a financial advisor like him around in my pre-Aunty days.
Here’s the article: Cash Flow vs Cash Growth. It links to the bottom of the article when Jeff Brown tells Aunty to get out of Vegas, with a smiley face icon. Scroll up and read the entire excellent article.
Investor Todd asked me in an email today, “If you had 3 wishes, what would they be?” What a grand question!