Dividend Ten

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My Plan to Go From Zero to FIRE in 10 Years

So I’ve come to the conclusion – embarrassingly enough I suppose – that I’ve been neglecting the most important element when it comes to my goal of building my passive income snowball and achieving financial freedom (FIRE).

What might that be?

  • It’s not making more money. I had thought this was the most important factor to financial freedom, but I’m seeing it’s not.
  • It’s not discipline & getting out of debt. I’ve paid off my $90,000 in debt over the past 2 years which is an awesome step forward, but that’s not it etiher.
  • It’s not frugality. I’ve gone as frugal as possible, even getting rid of my car & moving home for a spell

Certainly all of these are important elements to becoming financially independent & retired early.

But I realized quite recently that I’ll never hit financial freedom in 10 years, unless I take a step back, a hard look and what I’m doing, and reassess my plan.


The most important factor to become financially free is having a well-thought out plan

With this blog I’ve set myself a goal to be financially free in 10 years.

A good goal, no doubt.

But a goal is not a plan.

It’s a timeframe I set mostly because it seemed doable, and compressed enough so that I could make up for some lost time & bad decisions.

The problem is that to date I’ve been thinking about financial freedom in a completely ethereal way. Like as in – I’ll just earn as much money as I can and then put it into the market.

And then somehow magically in 10 years I’ll have enough passive income and capital gains to cover my expenses.

It’ll all just sort of happen in magic world.

But then I realized that in 10 years I’ll still be under the “official” retirement age, and most of my assets are going into my retirement accounts. And if I want to access some of that money, I’ll get penalized.

So duh. This whole thing isn’t going to really happen unless I think things through a bit more.

My plan to becoming financially free in 10 years

I spent today creating a simple plan to becoming financially free given my current situation.

It’s a plan I’ve created for myself.  I suppose you could use it too if you wanted and your goals and lifestage matched, but I should note right about here that I’m not a financial planner. So caveat emptor, this is for entertainment purposes, and all the standard disclaimer stuff applies.

Ok with that out of the way, from a generic point of view of planning, the main things to make sure you hit the goals you want is:

  • Determine where you are today
  • Quantify where you want to go tomorrow
  • Figure out your path to get there

That’s basically it.

So with that in mind, here’s my new – and I hope logical, and achievable – plan:

1) Get out of Debt


I accomplished this goal as of September 2016.

It took 2 years and a bit of sacrifice to dig out of $90,000+ of student loan, lawyer, tax, and credit card debt, but it’s done. And can be done by anyone.

If you’re still in debt – whether it’s student loans, mortgage, whatever – it’s up to you to decide if this is a step you want to take before building your income snowball.

However, for me all it took was reading a Dave Ramsey article asking about the eternal question – invest vs pay off debt – where he answered by asking if you’d be willing to take out a loan with the same interest rate and invest that into the market.

In any event, being debt free is a nice, solid foundation from which to build your income snowball. So again, it’s up to you.

2) Define Your Financial Freedom Numbers

This number – the financial freedom number – is based on your total average expenses.

To me at least, you have financial freedom when

passive income => your expenses.

At this point, a good deal of options open up to you, and you no longer have to live to work, but can work if you choose, or do something completely different with your time.

So this number will vary from person to person.

Some people, like Jason Fieber, has so cut his expenses to the bone, that he is more than financially free at 33 after earning $1,242.42 in one month. He decided long ago that the pursuit of material “stuff” didn’t hold a candle to having the freedom to spend his days as he chose. And so he worked hard and hit financial independence years ahead of schedule, by building an income snowball and keeping his lifestyle modest.

For me, my road will be a bit longer, as my choices have left me with higher monthly expenses. These are rough approximations, and don’t take into consideration inflation, but good enough to set a rough baseline number.

Child support (for 12 more years) – $1588/ mo – This is by far my largest monthly expense.

Medical – ~$600/mo –This varies, but for general calculation

Shelter  – $800/mo

I don’t currently pay rent, but this isn’t a sustainable path for any length of time. Being financially free doesn’t mean taking advantage of others’ kindness and being a mooch, which is exactly what I’m doing here. I can justify not paying rent for a while longer since my family is happy to let me stay and it’s really helping me accelerate my path towards my goals, and getting going is the hardest part of getting any income snowball going.

There’s a whole argument about whether it’s best to rent or buy, but if I could pick up a small, modest studio, I could put down 20% and take out a mortgage for about $800/ mo. This would have the added benefit of keeping me inflation neutral. If I’d rather invest the downpayment, I could rent and use the dividends to help defray rent.

Food/ Lifestyle inflation/ Misc: ~$700 – This is probably on the low side, but definitely doable.

Uncle Sam: $600

I’m not sure if this is right or not, but assuming I’m pulling in $3,688/ mo in passive dividend income (I’ll round this up to $4,000 just to account for unexpected expenses, etc), I’d be taxed at an extremely favorable 15% rate. This assumes of course we don’t get a Bernie Sanders style socialist in the future who would remove this favorable tax treatment in the future.

Total: $4600

Phew! This seems like an awfully high number and hard to pull off in just 10 years. How the heck am I really going to get there?

Next, you’ll need to reverse engineeer needed portfolio value.

So based on a $4,600/mo passive income stream, or $55,200/ yr, using a completely back of the napkin rough numbers, here’s how I could pull it off:

Back of napkin calculation

Yield on Cost Approx Portfolio Size
2% $2,760,000
2.5% $2,208,000
3% $1,840,000 **$1,340,000
3.5% $1,577,142
4% $1,388,000 ** 943,000

Given that I’m not interested in chasing yield for yield’s sake, and only owning high quality companies, I think a stretch yield goal would be 3% yield on cost with 4% at most, which would mean I’d need to have between a $1.38M and $1.84M sized portfolio.

** 10/15/16 Update: A reader correctly pointed out that these numbers don’t take into account that the child support obligation will be ending 2 years after FI. As a result, I will only need to save an extra $38,000 in cash. So this means I’m adding ~475K (at 4%) or ~625K(at 3%) to the portfolio requirement that won’t be needed past those two years.

Thus updated numbers: $943,000-$1.34M

Again, this wouldn’t include my tax advantaged account assets, as I’d need to be able to access this money before 59 1/2.

3) Get Your Mind Right


Tony Horton is the embodiment of extreme discipline and muscle. Take heed, young padawan.

Tony Horton in P90x had a great phrase he’d say just when he knew his audience was about to collapse in exhaustion:

Get your mind right!

It’s a great quote since being successful in such a long, repetitive, physically demanding program like P90x ultimately was more more about the mental battle with yourself than the physical challenge.

The idea of generating over a $1M portfolio in 10 years in my taxable account from nothing feels like the P90x challenge of personal finance.

And something that will ultimately be won or lost in your mind.

But as they say… the journey of a thousand miles begins with the first step.

Looking at this task, I’m really starting at almost zero, because as mentioned, my portfolio is mostly concentrated in retirement accounts, and only have only 2 dividend payers in my taxable account.

So this seems like a completely daunting task.

But…with some faith and hard work I have to believe it’s possible, even if right now I don’t know exactly all the details about it’s going to be constructed or how I’ll be able to generate that income.

And it’s even more possible if I can reorient my perspective, and realize that perhaps financial freedom is not a fixed point in time, but perhaps is a continuum of increasing freedom.

So how much more free would I be if I could cover 10% of my monthly expenses. Or 25% of my expenses. Or half.

And soon it becomes clear that any small step you or I take in this journey will get me closer to the ultimate goal, and serve to lower the pressure that we’re putting on ourselves to not only hit our monthly expenses, but contribute to growing the income snowball.

4) Create Achievable Milestones

I broke my continuum of milestones into manageable chunks of 10% increments, as follows:

Milestone Monthly Passive Income Yearly Passive Income 4% Yield Portfolio 3% Yield Portfolio
10% $460 $5,520 $138,000 $184,000
20% $920 $11,040 $276,000 $368,000
30% $1,380 $16,560 $414,000 $552,000
40% $1,840 $22,080 $552,000 $736,000
50% $2,300 $27,600 $690,000 $920,000
60% $2,760 $33,120 $828,000 $1,104,000
70% $3,220 $38,640 $966,000 $1,288,000
80% $3,680 $44,160 $1,104,000 $1,472,000
90% $4,140 $49,680 $1,242,000 $1,656,000
100% $4,600 $55,200 $1,380,000 $1,840,000

** For the purposes of this analysis, I’m keeping the original non-adjusted numbers vs the lower non-adjusted numbers of $943,000-$1.34M

Monthly (& yearly) passive income is how much passive income I’d need to generate each month (& year) to hit the milestone based on my expenses.

The portfolio gives me a rough approximation of what the value of the portfolio might have to be to generate this kind of passive income.

I chose increments of 10% as it seemed like there would be a lot more “little wins” along the way, and feel like the journey overall is more achievable. You could easily choose increments of 25% if you wanted.

Now in terms of timing, if I’m doing this in 10 years, then I’d need to generate an incremental $138,000-$184,000 in portfolio value in my taxable account each year.

This is a pretty tall order, given that I’m stretching to hit that goal for this year, and it looks like my $52,000/mo income earlier on in the year was a bit of a one-time anomaly.

This means I’ll have to get creative & manifest new opportunities in my life to generate this kind of portfolio value, in ways that I cannot forsee at this time of this writing.

5) Earn -> Save -> Invest

Any good strategy comes down to execution. Here’s how I plan to pull it off:

Generate active income I’ll continue to freelance and side hustle to generate online income. I believe that increasing your income is the fastest way to financial freedom and I’ll need a lot of it to hit these numbers.

Reduce expenses I’ll look for savings wherever I can, and try to reduce my “moochiness” while doing it.

Educate myself & increase my value I’ll continue to study & learn more about finance, as well as other topics related to my work that have the potential to increase my value to clients.

Transfer excess cash opportunistically passive income vehicles in a taxable account To date I’ve been focusing on deferred tax retirement accounts as that’s been the traditional advice.

However, I’ll need these equities to live in a taxable account so I can access the income before traditional retirement age.

Basically I’m starting this plan from today debt free, but next to zero in income generating assets in my taxable account.

My taxable account currently has two dividend payers – 100 shares of GE for $2,908 (which I purchased today) and 31.47 shares of CSCO for $3,173, for a total portfolio value of $6,081.

As mentioned, I will be building my passive income snowball for “early retirement” in a taxable account so I have access to the funds prior to age 59 1/2. I plan to trade & sell as little as possible. For the purposes of tracking this, for now I will be calling these holdings my “FIRE” fund, which stands for financial retirement, retire early.

The stocks I have in my retirement fund will stay put, and I will continue to focus on this to act as additional  “turbo boost” fund for when I hit the “real” retirement age.

I’ve gone ahead and reorganized my portfolio page, to reflect this update in strategy.

Dividend investing Maybe it goes without saying, I’m planning on the majority of my passive income generation will come from dividend investing, mostly because I’m completely lazy, and it’s one of the best ways to generate passive income without breaking a sweat. However, I may feel like I may want to diversify in the future, with municipal bonds, derivatives, or other instruments, depending on how things develop.

No automatic reinvestment, probably  I will not automatically reinvest in my early retirement taxable account, and automatically reinvest in my late retirement taxable account. This way I can use 15% to pay taxes, and use the rest to either reinvest into securities or use to pay bills.

20-25 long positions max I do not plan on holding more than 20-25 stocks in my portfolio, as any more makes management a bit of a pain, would be too time consuming to stay up to date with, and the diversification benefits of adding more equities tends to yield diminishing returns.

6) Eat Cake


Artists rendition of the future financially independent me

Essentially every time I hit a milestone, then I get to eat a big fat cake.

When I hit the final milestone, I will eat 2 cakes, possibly. (Edit: Maybe substitute Scotch instead – Catfish Wizard. A good point.)

We’ll see when we get there.

In this way, I hope to train myself like Pavlov’s dog to stay on the straight and narrow.

What It Will Take to Do All This in 10 Years Besides Cake

  • Desire & discipline – I’ll have to want this. It won’t just happen. These are “stretch” goals, and so I’ll have to both work hard to amp up my income and stay as frugal as possible, and to do that takes desire & discipline.
  • Consistency – It’s going to take consistent work to keep building the income snowball
  • Powerful manifestation – I’ll have to manifest new opportunities that I haven’t yet imagined in order to do something that honestly, I’m not 100% sure how I’ll pull off. But I have faith that the answers and opportunities will come at the right time.

Potential Risks

There is no equity strategy that comes without risk, and this plan is no different.

First, companies are not obligated to pay a dividend. Depending on macro or other factors, companies can choose to cut or suspend their dividend at anytime (former DGI darling KMI anyone?)

Further, most dividend equities are already somewhat stretched in terms of valuation, which makes it easy to overpay for quality. If and when inflation starts to pick up, we may see a sharp rise in interest rates. At which point there is the potential for bonds and other fixed income instruments to become more appealing and thus a flight from the “riskier” stocks, causing a collapse in the market.

Also, some argue that holding individual dividend stocks in a taxable account is a sub-optimal strategy, so there is a risk of lower returns than one might have otherwise received with a more tax advantaged strategy.

Finally, we could move into a period of hyperinflation at which point society implodes and we move into a postmodern Mad Max beyond Thunderdome world where we all drive around with Jeeps with turret style machine guns to protect ourselves. In that case, all this effort will of course be for naught.

Plan B. My future post-apocalyptic all-terrain vehicle

Plan B. My future post-apocalyptic all-terrain vehicle should society implode.

So that about covers potential risks, some real, and some with only a peripheral chance of happening.

Well that’s it. What do you think of my plan? Is this feasible? Not? Am I missing anything? I’d love to hear your thoughts!

Thanks for dropping by!


  1. Before you write off your tax-deferred accounts until your 59.5, you really should check out the Mad Fientist article on how to access retirement accounts before the mainstream retirement age:


    It’s a little complicated but very achievable. Unless the rules change, I don’t think there’s really any reason to assume you can’t access your tax-deferred accounts more or less when you want. You just have to time the sequencing right, that’s all.

    The problem with focusing dividend growth investments in taxable accounts (when you’re still in a bracket that taxes qualified dividends) is that the cap gains tax is a major drag on your overall growth rate, which is going to be a big key to getting to your magic number.

    Also don’t forget that once your FIRE, if you’re in the 15% tax bracket, you won’t be paying tax on cap gains anymore. One of the keys to the logistics of making FIRE work is that low incomes make for drastically lower tax burdens (unless of course, as you mention, the tax law changes…which is a curve ball none of us can do anything about).

    This is also mostly about strategic sequencing, but I’ll bet your $600/month assumption is on the high side. It’s probably not a bad idea to be conservative though.

    I like that you’ve laid everything out though. This is something I should probably do too. We’ve been kind of in the “save a bunch of money and it’ll play out camp”, although I do have an idea of where the magic number is, and I do think a lot about tax sequencing.

    I think I’ll reward milestones with scotch instead of cake though…

    • Greg Gee

      Hey Catfish Wizard,

      That link is absolutely brilliant. Thanks for sharing it.

      Certainly much to think about, and as you say, this is a bit of a step forward, since the whole concept was just sort of amorphous – as in, I’ll just save as much as I can and then magically retire, without really running the numbers.

      What I like about the article too is how he actually runs the numbers (I didn’t actually see his spreadsheet to check it, but I’m sure it has good assumptions), and it goes into virtues of trying to lower your taxable income low enough where you aren’t really even taxed on dividends, for instance. I’ve seen other bloggers do this. The only problem for me, is that my base of expenses is so high, that I’d really be living a paupers existence to make it worth, or at least for another 12 years, at which point my child support obligations will cease, and my overall expenses should become more manageable.

      All of what you’ve shared though is food for thought to think about and potentially evolve my strategy. It’s not set in stone, and if a more efficient path opens up, I am all for it. However all that said, my plan is a bit unique in that it’s not to invest in taxable only at the neglect of tax deferred, but to do both. I still plan to fully max out my self-employed 401k each year, which is what I’m calling my turbo boost fund, which is for “real retirement” age at 59 1/2. So if I were to withdraw from that account to fund early retirement as discussed in the article, I would be putting a massive drag on my later years.

      In other words, I’m hoping to keep my income high enough to have my cake and eat it too, so to speak, even though as you say, scotch is probably the better solution than cake.

      Great stuff and thanks for the food for thought!

  2. ADI

    Congratulations on both recognising the need for a plan AND sitting down and working it out. Putting your goals out there is easy, but getting into the details can be a little frustrating.

    Desire plus discipline plus consistency has a funny way of manifesting things that help you achieve your goals. Funny how that works! Don’t forget that your dividend income will go increasingly exponential, so that last ten percent will arguably be a little bit easier than that first ten.

    I’m looking forward to watching you get there!
    ADI recently posted…Dividends Explain the Majority of Investment ReturnsMy Profile

    • Greg Gee

      Hey Adi, Thanks from poking up from down under to this side of the pond. Yes, getting the snowball going at first is really the hardest part, but I’m looking forward not only to the destination, but the journey as well. Thanks for the encouragement and hope to see you again soon!

  3. Dan

    Hey Greg,

    Great post and plan. I too have the majority of my dividends coming from retirement accounts without access until 59.5. This is mostly why I extended my strategy to allow for retirement at 42 through rental properties and a pension from the Army.

    I’d encourage you not to look at child support as a cost. I completely understand your point and comments in your article, but with two kids myself, I look at anything I do for them (or spend as a result of them) as the best investment I can make in this world. Your legacy will be much more important on your death bed (as morbid as it sounds) than when you acheived FIRE. Frankly, no one will care about that when you’re gone (or when I’m gone, same thing!). 🙂

    I also am not sure about the FIRE at $1100 or so a month. With expenses that low, typically they are either still ‘mooching’ in some aspect as you say (for example Jason splitting rent with someone and only recording his part of the living cost), or they really aren’t doing much else outside of supporting just themselves. 🙂

    Anyway, great post and best of luck. Looking forward to following each other’s progress.

    Dan @ Passive Income Dude
    Dan recently posted…Passive Income Report: September 2016My Profile

    • Greg Gee

      Dan –

      Yes, good point. I should probably move the child support to the “investments” section as you say. But one thing I will say is that one of the peculiarities of divorce law is that I have no say over how the money I send each month is spent. It could be being used on my kid, or could be used on my former wife’s hair, which is a little bit frustrating to say the least. If I knew that it was being used for its’ intended purpose, ie, child support, I think I would feel much better with the whole thing, but alas, men typically get the short end of the stick when it comes to divorce and paying CS. Anyway, I digress a bit but it’s my 2 cents on the whole thing.. Anyway, I’ve also started a custodial fund recently, which will be of additional help as she moves into adulthood, and I feel good about building, since I know that the funds will be actually used for their intended purpose.

      And yes, there is something appealing about living frugally/ simply, and each person should determine a FIRE number that is right for them. However, I just don’t know how I could realistically pull off such a thing, and even with the modest expenses I’m forecasting, I’m well over $4k/ mo and my standard of living won’t be extravagant at all. Which is why I’m continuing to build my tax free retirement funds, so that a little later in life, I’ll hopefully be able to hopefully be at a better place financially where things won’t be so pinched.

      Also a great point about real estate as a passive income vehicle. It makes a lot of sense aand has some tax benefits as well, which would be helpful as my income puts me in a relatively high tax bracket and could use more tax shelters. Only thing is, I’m not particularly handy and don’t know much about being a landlord, but perhaps it is something I should look into more given the goals I’ve outlined here.

      Thanks for sharing and I will enjoy continuing to follow your journey over there at passive income dude as well.

  4. Great outlines you’ve set up here. It’s a very interesting read, especially because all the taxes and retirement accounts work different here in the Netherlands. Our retirement account is already set up through our employer, and is not to be influenced by ourselves for instance. So everything we invest would be on top of our retirement funds, which will be paid out on reaching the beautiful age of 71. We could distract the money sooner, which means a lower pay out over a longer time period.

    Second, we too did not make up a plan like above. But just hopped on board with the assumption of we will just earn as much money as we can and then put it into the market. Setting up our own plan was already something we held in our thoughts, but this really simplifies it, and provides as a solid example.

    On a sidenote: your new perspective would be a perfect motivational quote:

    “Financial freedom is not a fixed point in time, but is a continuum of increasing freedom.”

    Sounds pretty awesome to me 😉

    • Greg Gee

      Hey Divnomics,

      Typically our retirement accounts are handled through our employers, but since I’ve left the corporate world, I started my own company and essentially employ myself as a staff of one. This provides me with the freedom to set up my retirement plan anywhere I want, and also I’m allowed to contribute more than in a standard plan, which is pretty advantageous.

      Thanks yes, it seems to me that financial freedom isn’t a fixed point in time, but rather sort of on a sliding scale. So even 10% coverage of your expenses would make you more free financially speaking than if you had zero. So that’s how I choose to approach it, since otherwise the hill I need to climb seems a little too daunting from this perspective.

      Thanks for stopping by from the Netherlands. Have a great one!

  5. 123

    I think you can lower the target numbers due including the child support in the FI budget when that obligation is ending 2 years beyond your 10 yr target. Including that ~19K annual in the budget means your adding ~475K (at 4%) or ~625K(at 3%) to the portfolio requirement. Since at 10 years you only have 2 left you can think of it as just needing to save additional 38K cash to cover 2 years and subtract the 475K/ 625K from the required portfolio numbers.

    • Greg Gee


      Hmmm…well, of course, you’re completely right. I think this is one of the advantages of putting this type of info out there for all to see, so that people smarter and with better financial sense can look at it and poke holes in it to improve things. Yes, of course, I’ll just need to readjust those numbers accordingly now. Thanks for pointing this out and helping me to refine the plan further!

  6. First off, congrats on becoming debt free last month! What a great accomplishment!
    Second, I am right where you are in terms of wanting to retire early. I have been throwing as much as I can into 401Ks and Roths over the past few years, however, I would still need 25-3o years of working to be able to touch it without being penalized. Not a good option. I really aim to get to the financial freedom spot you described, so I have been starting to look into other options. Dividends are something I love, but it takes a lot of money to make bills meet on dividends alone. I have also been looking into buying real estate to rent out. Are you sticking to a dividend-only approach?

    Also, ” I’d be taxed at an extremely favorable 15% rate. This assumes of course we don’t get a Bernie Sanders style socialist in the future who would remove this favorable tax treatment in the future” made me smile. Hopefully this will not happen.

    Thanks for a great post! Your friend at http://www.piggybanknomics.com

    • Greg Gee

      Hey Piggybanknomics,

      Thanks for the encouragement. As for real estate, I’m an equal opportunity passive income seeker, meaning, I’d be open to it for sure. However, I really don’t have a ton of spare capital, and I don’t think it’s as “passive” as owning equities. There is certainly something appealing about the idea of owning real estate and diversifying asset classes, but I’m not particularly handy & don’t know much about being a landlord. I suppose it can all be learned, however. I’ll be sure to check out your site and see how your journey is progressing as well. Cheers!

  7. From year 1 to hear 2 or from 10% to 20% from $138k to $276K is nearly impossible to get unless you’re extremely lucky or in the really up market from 2009-2011, then sell, then 2011-2014. Otherwise, for a normal income person of $50, $60, $100k, heck even $150k income, you won’t be able to generate $130k in savings.

    I was already frugal before I even know about FIRE, I was only able to save $30k per year in take home, $17.5k or whatever the max amount 401k allows me to.

    Instead of focusing on just networth, focus on diversifying your networth. More notably, I invest in a 3-plex and a 4-plex, even at the time of investing, my networth of $500k, but I already bring home living wage, FIRE wage. I’m blessed that the housing market has continued to move up. So my networth shot up. Focusing on earning more really help.

    I also try to go from:
    1. active income = my current job,
    2. invest in stock market to get some total passive income,
    3. investment property nearby and do most maintenance myself, advertisements myself, hire when needed = semi passive income.
    4. Lately, I sold some stock to buy a property out of state, and have my family fix it up, it’s somewhere inbetween passive and semi-passive income. Nonetheless, my $57k+$20k=$77k investment bring from $1200 in gross income per month. To achieve this, I’d have to have $300k in the stock market generating 3%.

    I love dividend paying stocks, it’s my favorite, but to purely relying on that, it’s hard. Look at the riches and most successful bloggers they were all benefited big way from owning properties. Financialsamurai, retireby40, mrmoneymustard, earlyextreemretirement, etc.

    • Greg Gee

      Hi Vivianne,

      Yes, basically my whole plan rests on keeping a high active income so as to plow enough of it into income (dividend mostly) generating assets. The only issue with my plan is brought to life by your point about milestone 1 to 2 – that as a freelancer so my income is highly variable. In March when I earned $50,000+ the entire plan works perfectly. However, I’m seeing that freelancing can be all over the place. This month was super slow and some projects ended, so I earned very little, and if this trend continues, then it would be impossible to actualize this plan. So the plan as it stands right now doesn’t allow for any error which is probably unreasonable. So if real estate allows for more leverage and more returns then that may be an avenue I should explore more. The only problem is that I am not particularly handy, nor do I understand much about real estate. However, I’m sure this can be learned. I wonder – how much income are your properties you mentioned generating for you, and how much did you invest in them? And how much time is involved in the upkeep and other tasks, etc. Thanks for your insight!

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